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Castle Wood Cottages 547 Main St 11 Room Hotel Big Bear Lake, CA 92315 $3,447,325 CAD ($313,393 CAD/Room) 8.20% Cap Rate



EXECUTIVE SUMMARY
One of a kind, truly amazing property. Prepare to be astonished by this exceptional lodge in the heart of Big Bear Lake. The world famous Castlewood Cottages has been number one on Yelp and featured in numerous television shows such as 90 Day Fiance theb Single Life and This is L.A. Newspapers, blogs, magazines, books and the KTLA Rose Parade have all reported on this special property. Currentl there are 12 units on 547 Main and one unit on the back parcel. Every cabin has a different theme and is decorated and furnished accordingly. You can choosen a pirate theme, wizards cavern, Egyptian Pharoah, Medieval Court and on and on. So much fun. The seller calls the place " Inhabitable Art " and that description fits to a tee. It is close to the main road and walking distance to the Big Bear Village and all the best restaurants, shopping and night life. Only a five minute drive to both ski resorts and less than a block to the lake. The property is two properties being sold as one. The back lot is empty except for one cabin. Lot's of room to build at least seven more cabins. The two together make for a lot size of over an acre. The seller also owns 41081 Big Bear Blvd, a commercial building that is 2,574 square feet on a 4,600 square foot lot. This building is directly on Big Bear Blvd, the busiest road in Big Bear and directly adjacent to the lodge. Seller currently uses it as a boutique and also does check ins for the lodge there. Can be packaged with both properties for a great deal. If you ever thought about buying a lodge and living the good life in the beautiful mountains, this is the property you want. Make an appointment to come and see it for yourself, you won't be disappointed.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,447,325 CAD | Building Size | 7,179 SF |
| Price Per Room | $313,393 CAD | No. Rooms | 11 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 8.20% | Year Built/Renovated | 1920/2001 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.48/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.03 AC | ||
| Zoning | C-3 - Multi Unit Residential | ||
| Price | $3,447,325 CAD |
| Price Per Room | $313,393 CAD |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 7,179 SF |
| No. Rooms | 11 |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2001 |
| Tenancy | Single |
| Parking Ratio | 3.48/1,000 SF |
| Corridor | Exterior |
| Zoning | C-3 - Multi Unit Residential |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 11 | $315.77 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 0309-103-14 | Improvements Assessment | $1,988,720 CAD (2025) |
| Land Assessment | $662,905 CAD (2025) | Total Assessment | $2,651,626 CAD (2025) |
PROPERTY TAXES
Parcel Number
0309-103-14
Land Assessment
$662,905 CAD (2025)
Improvements Assessment
$1,988,720 CAD (2025)
Total Assessment
$2,651,626 CAD (2025)
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Castle Wood Cottages | 547 Main St
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