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990 Fenway Drive, Big Bear CA 92314
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.