1223 Ore Lane, Big Bear City, California 92314, Big Bear City, - bed, bath

home-pic
ACTIVE$1,299,900
1223 Ore Lane, Big Bear City, California 92314
5Beds
5Baths
4,732Sqft
102,366Lot
Year Built
2007
Close
-
List price
$1.3M
Original List price
$1.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SB25026180
Home ConditionGood
Features
Excellent View: City Lights, Lake, Mountain(s), Neighborhood, Panoramic, Valley, Water
Deck
Spa
ViewCity Lights,Lake,Mountain(s),Neighborhood,Panoramic,Valley,Water

About this home

We have adjusted our pricing to align with current market trends, offering you an excellent opportunity to acquire this luxurious estate! The property presents significant income potential, such as equestrian boarding facilities on the lower half of the property, allowing separation from the main house and potential AIRBNB guests, full-time rental tenants, or a bed and breakfast setup. You could divide the house into two separate living quarters and rent each out independently or retain one for personal use. Additionally, there is potential to rent out space for RV storage or establish an AIRBNB RV rental on either the upper or lower sections of the property. On 2.35 Acres there is plenty of opportunities to build and expand your dreams. In addition to the income opportunities, the estate backs up to the National Forest, providing complete privacy and tranquility, offering spectacular views of layered mountains, lakes, ski slopes, fireworks, and wildlife including deer, donkeys, mountain goats, hawks, eagles, and rabbits, accompanied by the sounds of birds, the warmth of the sun, and a slight cool breeze. These views can be enjoyed from any of the bedroom balconies, one of the two hot tubs, by the fireplace, or after using your personal sauna, or a massage in the dedicated massage room. To top-it-all-off, we have an ultra-huge-oversized-double-decker 3 car garage! This estate offers numerous amenities that ensure you will have everything you need right at home, making it a place you may never want to leave, or that could create many sources of income. Come take a look, and make sure to spend time in some of my favorite spots, the open living room, the west upstairs deck, or the sauna. Also, take in some of the unique features such as the 3 bedroom suites, VIEWS, carved wooden pantry doors, pully to help bring up groceries, VIEWS, outside kitchen BBQ, ground floor suite, and did I mention the VIEWS!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (179 Listings)
Beds53
96%
Baths52
96%
Square foot4,7321,303
99%
Lot Size102,3667,210
95%
Price$1.3M$425K
96%
Price per square foot$275$352.5
18%
Built year20079895990
92%
HOA
Days on market273180
83%
Condition Rating
Good

Built in 2007, this property is 18 years old and falls within the 'Good' category's age range. The home is move-in ready with no immediate renovations required. While the kitchen features dark wood cabinetry, granite countertops, and black appliances, and the bathrooms have similar traditional finishes, they are all very well-maintained and functional. The property boasts high-quality materials like extensive tile flooring and wood-planked ceilings, and offers luxury amenities such as a sauna and hot tubs, all in excellent condition. The style is traditional rather than contemporary, but the overall quality and maintenance are high, indicating a well-cared-for home.
Pros & Cons

Pros

Exceptional Income Generation Potential: The property is explicitly marketed with diverse income opportunities, including equestrian boarding, Airbnb/B&B, full-time rentals (divisible living quarters), and RV storage/rental, offering significant ROI potential.
Unparalleled Natural Setting & Views: Direct adjacency to the National Forest ensures complete privacy, tranquility, and breathtaking panoramic views of mountains, lakes, ski slopes, and abundant wildlife from multiple vantage points.
Luxurious Amenities & Wellness Features: Equipped with high-end amenities such as two hot tubs, a personal sauna, and a dedicated massage room, enhancing the property's appeal for relaxation and hospitality.
Expansive Acreage with Development Potential: The generous 2.35-acre lot provides ample space for current uses and future expansion, offering flexibility for various owner visions, including additional structures.
Spacious & Modern Residence: A substantial 4,732 sqft home built in 2007 with 5 bedrooms and 5 bathrooms, including multiple suites and an oversized 3-car garage, providing ample living and functional space.

Cons

Niche Market Appeal: The highly specialized nature of the property, particularly its equestrian and extensive income-generating features, may narrow the potential buyer pool compared to a standard residential offering.
High Operational & Maintenance Costs: A large estate with extensive acreage and numerous luxury amenities (hot tubs, sauna, potential equestrian facilities) will likely entail significant ongoing maintenance, utility, and operational expenses.
Potential for Remote Location: While offering privacy, its proximity to the National Forest and large lot size might imply a more secluded setting, which could be a drawback for buyers prioritizing immediate access to urban amenities or services.

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