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990 Fenway Drive, Big Bear, CA 92314 (MLS # SW19215050)

Price $2,999,999
Status Active
Beds 7
Baths 8 Baths
Home size 5,020 sqft
Lot Size 40.59 ac
Days on Market 6
Contractors! Developers! One of the last development potential areas in Big Bear. 2 miles from Big Bear Lake. 2 miles from Big Bear Mtn Ski Resort AND Snow Summit Ski Resort. 40 usable acres with lake and slope views! There was a tentative tract map filed for over 60 HOMES to be built, but it's expired...Your gain! Your profit! With 1 acre vacant lots in the Moonridge area comping at $153,000 and 3 bedroom/2 bath, 1500 sf homes comping at $438,000 you can see how the profits add up! Comps included herein for your convenience. Since Aspen Skiing Co. purchased the two ski resorts last year, there has been big improvements planned for the area! The sale includes the 5000sf vacation home brings in approx. $180k/year (which you can subdivide and sell off). Appraisal in hand for $2,000,000 for the home and only 5 acres. Asking an additional $1 million for the remaining 35 acres! Split the house out of the new development and potentially make $$ right off the bat! Utilities at the street. Paved road southern entrance, needs pavement to McAllister for your second egress point for fire requirements. Land development fee schedule attached for your convenience. See Private Remarks for HomeAway website for more pictures of the home itself. Seller may carry. Seller willing to manage the vacation rental for up to 12 months to allow Buyer to split and sell it off. Buyer to verify all information.
Property Type(s): Single Family
Last Updated 9/9/2019 Year Built 1999
Community MOON - Moonridge Garage Spaces 5.0
County San Bernardino


School District Bear Valley Unified

Additional Details

AIR Central Air
AREA MOON - Moonridge
GARAGE Asphalt, Boat, Driveway, Gated, Oversized, Paved, RV Access/Parking, RV Potential, Yes
HEAT Central
INTERIOR Beamed Ceilings, Cathedral Ceiling(s), Dumbwaiter, Furnished, Granite Counters
LOT 40.5900 acre(s)
PARKING Spaces: 5.00
SEWER Public Sewer
VIEW DESCRIPTION Lake,Panoramic,Trees/Woods
WATER Public



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Listing provided by : Sabrina Alt CalDRE: 01708936, American Dream Realty

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