Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Black Forest Lodge (‘Hotel’ or ‘Property’). The independent Hotel is offered at $6,500,000 or $108,333 per key. The Black Forest Lodge is located at 41121 Big Bear Blvd., Big Bear Lake, CA, with 300 feet of Big Bear Boulevard frontage and prominent signage. The 60-room, two-story building spans 2.89 acres, and includes 2300 square feet of retail space within the Property. Originally a hunting lodge from the 1930s to the 1950s, the Property currently operates with 60 rooms, featuring a mix of family chalets, mountain cabins, and spa suites. Most of the cabins are 100 years old or more, offering a unique and charming atmosphere that appeals to guests seeking a historic and authentic experience. The cabins have been well maintained by the same ownership since 1976. The room count includes six queen suite cabins equipped with kitchenettes and an additional six units with full kitchens. A one room manager apartment is also located on the property. Renovation work has commenced on six units within the Aplin Haus, along with plans for further remodeling on an additional cabin. The Property maintains various common area amenities including a heated pool and spa, basketball and volleyball court, and ample parking for cars, trucks, and recreational vehicles. Big Bear Lake, California, nestled in the San Bernardino Mountains, along the south shore of Big Bear Lake, is a captivating destination renowned for its diverse range of outdoor activities and stunning natural beauty. Big Bear Lake is Southern California’s #1 four-season outdoor destination, which means visitors can expect a different Big Bear experience in every season. Year-round, adventurers flock to its slopes for skiing and snowboarding at renowned resorts within a radius of three miles from the Property like Big Bear Village (.5 miles), Snow Summit (1.5 miles) and Bear Mountain (3 miles) during the winter, while the summer months beckon with opportunities for hiking, boating, fishing within walking distance at Meadow Park on the glistening Big Bear Lake (2 blocks). Guests can explore the surrounding San Bernardino National Forest with its towering pines, rugged peaks, and abundant wildlife, which captivates nature lovers and photographers alike. Big Bear Lake’s distance to major urban centers such as Los Angeles and San Diego, make Big Bear Lake a convenient destination for weekend getaways and short vacations. Visitors can immerse themselves in the vibrant local culture at events like the Big Bear Lake International Film Festival, Oktoberfest and July 4th celebrations, or enjoy family-friendly attractions such as the Big Bear Alpine Zoo and the charming shops and eateries in the village. Big Bear Lake offers an idyllic retreat for those seeking adventure, relaxation, and memorable experiences in the heart of nature.