Big Bear Lake, CA Airbnb Market Data: Revenue, Occupancy & ADR

The investment landscape is anchored by two dominant product clusters. Three-bedroom homes, comprising 34% of supply, average $38,975 in annual revenue at a $353 ADR and 28% occupancy—an accessible entry point for investors balancing acquisition cost and cash flow. Four-bedroom properties step up the economics, averaging $57,674 per year at a $552 ADR and 29% occupancy, appealing to buyers seeking scale without the thin-sample volatility of larger homes. For those targeting higher price points and group demand, five-bedroom listings (5% of supply) post $78,575 in average annual revenue with a $740 ADR and 30% occupancy. Investors seeking to navigate these segments can connect with a Chalet agent for on-the-ground insights and deal flow.

Geographically, the 92315 zip code dominates inventory and performance, with 2,137 listings generating a $44,661 median annual revenue, 27% occupancy, and 8.4% yield on a $534,640 median home value. This cluster captures the lion’s share of guest demand and offers a relatively liquid market for both acquisition and exit. The area’s established professional management presence—led by operators like Destination Big Bear Vacation Rentals and Cool Cabins—reinforces the importance of scale and operational expertise. Investors looking to leverage these dynamics should prioritize properties within this core zip, where supply depth and guest familiarity drive more predictable outcomes.

At scale, the winners in Big Bear Lake are operators who can optimize for both seasonality and guest origin. Demand is overwhelmingly regional, with Los Angeles and San Diego accounting for nearly 30% of all reviews, and international guests a modest 5.1%. Booking lead times average 31 days (median 17), and the average stay is 3.8 nights, favoring operators who can dynamically manage pricing and minimums to capture both weekend and holiday surges. The market’s fragmented host base (top-10 hosts control 32.5% of supply) leaves room for new entrants with professional systems. Investors can model yield scenarios and stress-test assumptions using the Chalet ROI calculator.

Risks are concentrated and real. The most material movement is a +31.6% year-over-year jump in revenue per listing, with occupancy up 9.7%, ADR up 10.7%, and supply up 3.6%. However, home values are down 7.3% year-over-year, signaling possible entry opportunities but also underlying volatility. The regulatory environment is strict: short-term rentals are legal with a city permit, annual inspection, and a 13% lodging tax, but enforcement is robust and fines are significant. April marks the seasonal trough, with just $2,440 in revenue and 19% occupancy. New owners must reapply for permits, and compliance is non-negotiable—review the Big Bear Lake STR regulations before committing capital.