Exceptional development opportunity in Big Bear Lake within the highly desirable Village Specific Plan. This 19,800 sq.ft. commercial land parcel is zoned Commercial Lodging and offers rare flexibility for investors and developers seeking hospitality, residential, or retail potential in the heart of Big Bear Village. The property can be purchased… Read More on its own or combined with the adjacent lot at 532 Badger Ln (offered at $549,900) to unlock larger-scale development options. When assembled, preliminary plans are already in place for a 24-unit (16 one bedrooms/8 studios) hotel, as well as alternative plans for a 6-unit condo project, providing multiple viable paths depending on market strategy. The subject parcel alone can accommodate an 11 rental unit hotel + office/storage, with preliminary plans completed, or a 5-unit condo development, offering flexibility for phased or smaller-scale projects. Once built, upper-level and second-story units are anticipated to enjoy lake views, further enhancing long-term value and guest appeal. A perc test was completed in 2023, adding further value and reducing pre-development uncertainty. The location is a major highlight, just steps from the lake and a short walk to Pine Knot Ave, restaurants, shops, and entertainment, making it ideal for lodging, residential, or visitor-serving uses. In addition to hotel and condo development, the Village Specific Plan allows for a variety of other potential uses including residential, retail, restaurants, and related commercial uses, subject to approval. Buyer to conduct all due diligence with the planning commission and applicable agencies regarding permitted uses and development requirements. Read Less
Property listed by Jason Saphire Broker, Jason Saphire 909-494-1790
Listing Snapshot
Days Online
110
Last Updated
Lot Size
0.45 Acres
MLS Number
IG26032209
Additional Details
Property Access
Road Surface: Paved
Community
Biking, Fishing, Hiking, HorseTrails, Lake, Mountainous, NearNationalForest, PreservePublicLand, Rural, StreetLights, Valley
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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