Woodcreek #59

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Woodcreek #59

Big Bear City, CA 92314
Asking Price
$229K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development opportunity on a 0.175 acre parcel in Big Bear City.
  • Property is currently offered for sale at an asking price of $229,000.
  • Located within the scenic and mountainous landscape of San Bernardino County.
  • Suitable site for residential development or long-term land banking strategies.
  • Positioned near regional thoroughfares serving the Big Bear resort area.

What's Special

This land for sale presents a strategic acquisition for investors or individuals seeking to develop in Big Bear City. Spanning 0.175 acres, the parcel provides a manageable footprint for residential construction in a region known for its mountainous terrain and recreational appeal. Big Bear City maintains a distinct character as a mountain community, serving as a popular destination for those interested in outdoor activities and seasonal tourism throughout the San Bernardino National Forest area. The local economy relies heavily on tourism, which supports consistent demand for residential and secondary housing development. The site is situated within a established residential cluster, offering potential for those looking to build a primary residence or a vacation property. Access to regional highways facilitates connectivity to the broader Southern California market, making this an accessible location for developers aiming to capitalize on the mountain residential sector.

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NOI
$80,000
Cap Rate
34.93%
DSCR
5.88
Strong
Cash-on-Cash
96.66%
Monthly Payment
$1,132.967
Annual Cash Flow
$66,404.395

Location & Travel Times