4 months on rocket

449 Georgia St, Big Bear Lake, CA, 92315

$1,120,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
1,970 SqFt
$569/SqFt
Multi
Schools Nearby

Location

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449 Georgia St, Big Bear Lake$1,120,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAsphalt
Year Built1924
HeatingFireplace(s), Zoned
CoolingWall/Window Unit(s)
FireplaceLiving Room
ViewMountain(s), Neighborhood
MLS #EV23220680
Lot Size0.38 Acres
StatusActive

About 449 Georgia St

This property offers an exceptional location near Big Bear Blvd, within walking distance to Big Bear Village and the Lake. Just 1.3 miles from Bear Mountain and Snow Summit Resorts, the Mountain Transit Shuttle is conveniently 400 feet away. In 2001, prior ownership made substantial improvements, including sewer mainline and asphalt replacement. Under the current owner, Cabins 1-4 have been meticulously updated with new paint, mini-split units, plumbing enhancements, and more. Cabin #3, with an active STR license, generates an average monthly income of $3500 and is fully renovated, with furnishings seamlessly transferring to the new owner. Unit #5, previously undergoing unpermitted work, was tagged by the city and cannot be used as a residential rental due to setbacks. However, there's potential for remodeling it into an "accessory building" for other units, such as a laundry facility, game room, storage lockers, or a building manager's office. Current zoning permits adding one more unit to the parcel, ideally in the spacious open area at the rear. This presents a unique opportunity for the new owner to construct their mountain cabin, with flexibility for short-term or long-term rental. In essence, the Georgia Bear Mountain Hideaway, with mature trees and updated cabins, is a prime property offering potential for investors or families seeking a mountain retreat. With income opportunities and expansion potential, this property holds promise for its new owner.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 1
  • Living Area: 1,970 SqFt

Listing Office:

  • Office Name: RE/MAX BIG BEAR
  • Office Phone: (909) 744-7512
  • Listing Agent: JOSEPH FERRARO

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Neighborhood

Parking Information:

  • Parking: Asphalt

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Zoned
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Big Bear High School, Public District Grades 9-12
  • Big Bear Middle School, Public District Grades 7-8

Other

Directions Information:

  • Directions: North on Georgia st by the middle School

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,120,000
  • Price Per SqFt: $569/SqFt

Tax Information:

  • Annual Amount: $8,735
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Big Bear Lake, CA.

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Big Bear Lake, CA

City

Med. Sold Price

$625K

Med. Price/SqFt

$444

Avg. Days On Market

123

# of Sold Homes

26

449 Georgia St vs Big Bear Lake

149 DAYS ON ROCKET

+26 Days

$1,120,000

+$495K More

$569/SqFt

+$124 More

KEY TAKEAWAY

This property is $495K more than the Median Sold Price and $124/SqFt more than other homes in Big Bear Lake, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV23220680

Listing Office:

  • Office Name: RE/MAX BIG BEAR
  • Office Phone: (909) 744-7512
  • Listing Agent: JOSEPH FERRARO

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 11, 2020Home Sold
$585,000
Feb 15, 2012Home Sold
$160,000
Jul 02, 2007Home Sold
$25,000
Apr 22, 2005Home Sold
$338,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,735$309,170
2020$5,696$306,000
2019$4,391$300,000
2018$4,136$188,626
2017$4,047$173,161

History based on county public records data.

Payment Calculator

$5,657

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,424

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4576069
4
/10

  • Big Bear Middle School

  • 41275 Big Bear Blvd

  • 0.12 miles

  • Public District Grades 7-8

High School

school-card-donut-4576070
4
/10

  • Big Bear High School

  • 351 Maple Rdg

  • 4.33 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,406. Most Big Bear Lake, CA residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Bernardino County›Big Bear Lake›92315›449 Georgia St

This home is located at 449 Georgia St in Big Bear Lake, CA and zip code 92315 in the Big Bear City neighborhood. This 1,970 square foot home, which was built in 1924, sits on a 0.38 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 04, 2023 and is currently priced at $1,120,000.

In April 2024, from all listings sold in Big Bear Lake, CA there were more than 4 sold above asking price, over 18 sold below and more than 4 were sold right at the asked price. Between March 2024 and April 2024, Big Bear Lake, CA real estate market has seen increase in the number of listings by 24.5%. The median list price of listings available in April 2024 was $625,000, while the average time on the real estate market was 123 days.

From Rocket Homes Real Estate and based on county public records data.

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