$1,099,000

This property is a rare gem in the heart of Big Bear Lake, with 3 parcels of land totaling ±2.05 Acres and a prime location on Big Bear Lake Rd and Tulip Ln. The property is zoned for Commercial – Visitor use, which allows for a variety of development options that can cater to the needs and preferences of visitors and locals alike. Imagine creating a boutique hotel, a cozy restaurant, a convenient office space, or a combination of these on this property, while also preserving some of the natural beauty and wildlife of the area. The property is situated in the scenic Metcalf Bay area, which is known for its calm waters, stunning views, and abundant fishing opportunities. You can enjoy the tranquility of the lake or take a short drive to the Village and many outdoor attractions such as skiing, boating, hiking, and biking. This is also a time-sensitive opportunity, as you may be eligible for the New Market California Tax Credit program and the New Market Federal Tax Credit Programs, which could provide up to 39% tax credits for your development project, according to the CA State Franchise Tax Board. (Please note that this is only supplemental information provided by the listing agents, and you should conduct your own due diligence and consult with your tax and legal advisors before making any decisions). ***Street address has not been assigned. Number is part of the APN for 1 of the 3 parcels.***