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Big Bear City, CA — Market Intelligence Report
Researched by Chalet's Senior STR Analysts · Verified with local Big Bear City market partners
Big Bear City’s short-term rental market is defined by its accessibility and resilient operator performance, with active full-time hosts averaging $33,303 in annual revenue across 802 listings—a figure that sets the tone for the region’s investment narrative. This revenue story is underpinned by a $277 average daily rate (ADR) and a median occupancy of 23%, reflecting a market that is both affordable and highly seasonal. The median gross yield stands at 9.29% on a median home value of $388,796, positioning Big Bear City at #189 nationally for STR revenue. Seasonality is pronounced: January peaks at $4,838 in monthly revenue (36% occupancy, $399 ADR), while June marks the trough at $1,859 (19% occupancy). The broader market median annual revenue of $36,113 is slightly higher, but this is diluted by roughly 203 part-time or casual listings; the full-time operator average remains the more reliable benchmark for new entrants.
Within the market, three- and four-bedroom homes anchor the core investment product. Three-bedroom properties (37% of supply) average $30,879 annually at a $305 ADR and 28% occupancy, offering broad appeal to family and group travelers. Four-bedroom listings, though just 12% of supply, drive higher returns with $44,196 in average annual revenue, a $414 ADR, and 25% occupancy—demonstrating the pricing power of larger homes in a market with strict occupancy caps. For investors seeking scale or portfolio diversity, the 92314 zip code dominates, housing 870 listings with a median annual revenue of $36,113, an 8.8% yield, and a median home value of $408,579. To navigate these clusters and identify on- or off-market deals, a Chalet agent can provide granular, block-level insight.
At the upper end, five-bedroom homes (5% of supply) command $69,034 in average annual revenue, driven by a $648 ADR and 25% occupancy. While these larger properties require higher upfront capital, they consistently outperform on a per-listing basis, benefiting from group demand and limited direct competition. Investors targeting this segment should note the regulatory occupancy cap of 12, which shapes both pricing strategy and guest targeting. Meanwhile, two-bedroom homes (36% of supply) offer a lower entry point, averaging $25,460 annually at a $228 ADR, and may appeal to investors prioritizing liquidity or portfolio breadth. For tailored acquisition strategies, the Chalet agent network is essential.
The Big Bear City investor case is built on drive-market demand from Southern California metros—Los Angeles (18.5% of reviews) and San Diego (9.6%) top the guest origin list. The market’s average booking lead time of 29 days (median 16) and average stay of 4 nights reflect a blend of planned getaways and short-notice escapes, supporting both midweek and weekend revenue. With international guests accounting for just 4.4% of stays, operators are insulated from global travel shocks and can focus on domestic marketing and pricing optimization. To model returns at scale or scenario-test bedroom mixes, use the Chalet ROI calculator.
Risks are real but quantifiable. Year-over-year, Big Bear City saw a 36.7% jump in revenue per listing, a 9.8% rise in occupancy, and an 11.4% increase in ADR—momentum that outpaced a 6.4% increase in listing supply. However, median home values declined 6.8% year-over-year, signaling potential price volatility for new buyers. Seasonality remains a core risk, with April occupancy bottoming at 17% and June revenue at its lowest. Regulatory stability is strong, with clear county-level rules and no moratoriums, but future tax increases (such as Measure K) remain a watchpoint. For a full regulatory breakdown, see Big Bear City STR regulations.
Big Bear City’s short-term rental market is a yield-driven, regulation-stable play for operators who can navigate pronounced seasonality and capitalize on surging drive-market demand.