831 Cove Drive

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831 Cove Drive

Big Bear Lake, CA 92315
Asking Price
$370K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The parcel measures 0.312 acres in total size.
  • Property is situated in Big Bear Lake California.
  • The listing price is set at 369,999 dollars.
  • Located within a popular Southern California mountain region.
  • The land is available for immediate acquisition.

What's Special

Big Bear Lake serves as a prominent mountain destination in Southern California, known for its recreational activities and steady year-round tourism. This 0.312-acre parcel at 831 Cove Drive provides a footprint for development within this established alpine community. The site benefits from the proximity to regional attractions that draw visitors to the San Bernardino Mountains, making it a functional choice for those seeking a location in a mountain market. Prospective buyers may consider the site for various residential or recreational development applications consistent with local land use policies. The property is positioned to take advantage of the regional demand for mountain properties, supported by the area's reputation as an outdoor hub for residents and vacationers alike. Given the landscape and character of the Big Bear region, this land represents a tangible asset for investors or developers interested in a mountain setting.

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NOI
$80,000
Cap Rate
21.62%
DSCR
3.64
Strong
Cash-on-Cash
52.28%
Monthly Payment
$1,830.553
Annual Cash Flow
$58,033.362

Location & Travel Times