Investment Overview

Introducing Bear Mountain Hideaway Lodge, a captivating retreat nestled on just over an acre of picturesque landscape adorned with majestic pine trees, thriving apple trees, and fragrant jasmine. Originally established in 1912 as the esteemed Blackthorn Lodge, this property underwent a significant expansion in 1971, evolving into a charming enclave featuring five distinctive two-bedroom homes, a detached garage, and a sizable workshop. From 1987 to 2022, the Lodge operated as a multifamily long-term leased investment. However, under current ownership, the site has undergone a remarkable transformation. Through diligent efforts, the property has been revitalized to its original Lodge designation, accompanied by extensive renovations to the main lodge/home and another architecturally striking 2-bedroom dwelling. Presently the main house serves as a short term rental unit while the other home is fully occupied with long term tenants on month-to-month leases paying below market rent. This presents a lucrative opportunity for an investor to optimize rental income by adjusting the rents to market rates or converting the remaining home to short term rental. Due to the grandfathered Lodge Designation of the site, the property is completely exempt from the City of Big Bear Lake’s short term rental ordinance restrictions which limit short term rentals to only one unit per legal parcel. With this designation an Investor could keep the current STR and convert the remaining home to STR as well. Additionally, an Owner-User could occupy a home while enjoying the consistent rental income of the other home on the property. Furthermore, according to local R3 zoning codes, additional rental units can be developed by-right see pages 14 & 15 for more details. And the large workshop structure on-site has higher vaulted ceilings and could be converted to a beautiful one-bedroom unit. 572 Jeffries St can also be part of a 2-parcel portfolio sale which encompasses 560 Jeffries, and is comprised of 1 short-term unit and 2 long-term units also with the possibility for further development. Ideally situated within walking distance to Big Bear Lake, less than a mile to The Village Shops and Courtyard, and a 5 minute drive to Snow Summit Ski Resort. Bear Mountain Hideaway Lodge offers a coveted location for guests seeking adventure and relaxation alike. Whether ran as a luxury boutique hotel or a personal residence with in place income from the other homes, this extraordinary property is the epitome of mountain living at its finest. Don’t miss the chance to own this remarkable piece of Big Bear Lake history.