Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

901 & 903 W Rainbow Blvd, Big Bear City, CA, 92314

1beds
2baths
693sqft
$449,000
$648price/sqft
$3,139/moest. monthly cost
$125,560/yrincome needed

About This Home

A rare opportunity to own 2 beautifully renovated cabins on a spacious corner lot in the heart of Big Bear City. Each of these cabins are uniquely upgraded to enhance your living space, inside and out, and provide the perfect blend of charm, comfort, and versatility. Both units have new kitchens with high quality appliances and under cabinet lighting, fully remodeled baths, luxury vinyl flooring, built-in storage, mini-splits, tankless water heaters, new paint inside and out, composite decking and new rain gutters. Unit #903 is a 375 sq.ft studio cabin with a customized corner fireplace, new washer/dryer combo unit, new "Dutch" style front door and a new upstairs loft area which is currently used as a sleeping loft (not included in the living sq.ft). Unit 901 is a 318 sq.ft studio cabin with a custom entertainment center and closet, built in electric fireplace, up-and-down window shades, and built-in USB ports. Situated on 2 parcels totaling 5000 sq.ft, the newly landscaped, nicely treed lot is adorned with soft exterior lighting, new picket fencing, landscape rock, fire-pit and horse-shoe pits. There's plenty of room to park 3-4 cars or an RV/boat in either of the 2 separate driveways - one for each unit. Plus, there are 2 large storage sheds, an outdoor dry sauna and an EV Charger outlet. Both studio cabins have their own gas and electric meters, and they both come mostly furnished. Currently, the units are owner occupied, but potential rental income could be $2500+ per month. Whether you’re looking for an income property, a weekend retreat, or multi-unit living, this property is truly a turnkey, one-of-a-kind property and ready to enjoy or generate income from day one.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

4/10
6/10
Big Bear Middle SchoolGrades 6-82.5 mi
6/10
Big Bear High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1947

Materials

  • Foundation: Perimeter Wall,Raised
  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2

Features

  • Bedroom on Main Level,Storage
  • Window features: Double Pane Windows

Heating & Cooling

  • Heating features: Ductless,Natural Gas,Wall Furnace
  • Cooling features: Ceiling Fan(s),Ductless

Interior Area

  • Total structure area: 693
  • Total interior livable area: 693 sqft

Property

Details

  • Parcel number: 0311081100000
  • Zoning description: Single Residential

Features

  • Levels: One,Two
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Blacktop Driveway,Deck,Fence,Gravel Driveway,Landscaping,Paved Driveway,RV Parking/RV Hookup
  • Frontage length: 50,50
  • Topography of land: Level

Lot

  • Lot size: 5,000 sqft
  • Features: Level
  • Lot size dimensions: 50 x 100

Parking

  • Parking features: Boat,Parking Space(s),RV Access/Parking
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Wildfire
Heat Wave
Landslide

FEMA Declared Disasters in San Bernardino County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,270$27,240
Home Insurance *$198$2,376
Property Taxes $273$3,276
Electricity $398$4,786
Total$3,139$37,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,622/yr
40% on housing$94,170/yr
45% on housing$83,706/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$648This listing

vs Other Active Listings

Avg $/sqft

ZIP 92314$223
San Bernardino County$268

vs Homes Sold Last Month

Median $/sqft

ZIP 92314$325
San Bernardino County$319

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-02Listed for sale$449,000

For Sale by Agent

AgentAnnette Karnes
BrokerageeXp Realty of Southern Ca, Inc

Similar Homes