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34281935
34281933

32075 Hilltop Boulevard, Running Springs, CA 92382

MK
CA 02116107
RE/MAX Big Bear Real Estate
Listed by RE/MAX Big Bear Real Estate
$1,300,000
2 days on market
Updated 2 days ago

32075 Hilltop Boulevard

Details
Property Type Multifamily, Hospitality
Sub Type Single Family Rental Portfolio, Motel
Square Footage 4,617
Units 10
Occupancy 60%
Pro-Forma Cap Rate 14.00%
Pro-Forma NOI $140,000
Class A
Year Built 1966
Year Renovated 2023
Buildings 4
Stories 1
Lot Size (SqFt) 14,579
Zoning Commercial Visitor/ multi family
Parking Spaces 2 per key
Investment Type Owner/User
Sale Condition For sale by owner

Running Springs, Ca mountain lodging investment property with 10 keys

Marketing description

Sherwood Arms Motel is nestled among the towering pines of Running Springs, this charming 9-unit motel with a dedicated separate manager's unit presents an exceptional investment opportunity in the heart of Southern California's mountain resort communities. Ideally situated just minutes from Snow Valley Mountain Resort, SkyPark at Santa's Village, Lake Arrowhead, and Big Bear Lake, the property is perfectly positioned to capture year-round tourism driven by skiing, hiking, mountain biking, fishing, and countless outdoor adventures. The property features nine guest (short and long term) accommodations along with a separate on-site manager's unit, providing an ideal setup for owner-operation or on-site management. Guests enjoy a peaceful forest setting that offers the authentic mountain experience they seek while remaining conveniently located with easy access to Highway 330 and the countless recreational opportunities of the San Bernardino National Forest. With strong demand for mountain lodging and continued growth in regional tourism, this property offers significant upside potential for an owner-operator or investor. Opportunities exist to enhance the guest experience through cosmetic renovations, modern branding, expanded amenities, or repositioning as a boutique mountain lodge. Whether you're looking to expand your hospitality portfolio or own a turnkey lodging business in one of Southern California's most desirable recreational destinations, this rare property offers location, character, and tremendous income potential. With the purchase comes an adjacent 10,959 sq ft lot APN # 0295-191-06-0000 Property Highlights: 9 guest units plus 1 dedicated manager's unit Peaceful forest setting Minutes to Snow Valley Mountain Resort, Lake Arrowhead, and Big Bear Lake Year-round tourism market Excellent owner-user or investment opportunity potential with modernization and branding

Investment highlights

Sherwood Arms Motel is nestled among the towering pines of Running Springs, this charming 9-unit motel with a dedicated separate manager's unit presents an exceptional investment opportunity in the heart of Southern California's mountain resort communities. Ideally situated just minutes from Snow Valley Mountain Resort, SkyPark at Santa's Village, Lake Arrowhead, and Big Bear Lake, the property is perfectly positioned to capture year-round tourism driven by skiing, hiking, mountain biking, fishing, and countless outdoor adventures. The property features nine guest (short and long term) accommodations along with a separate on-site manager's unit, providing an ideal setup for owner-operation or on-site management. Guests enjoy a peaceful forest setting that offers the authentic mountain experience they seek while remaining conveniently located with easy access to Highway 330 and the countless recreational opportunities of the San Bernardino National Forest. With strong demand for mountain lodging and continued growth in regional tourism, this property offers significant upside potential for an owner-operator or investor. Opportunities exist to enhance the guest experience through cosmetic renovations, modern branding, expanded amenities, or repositioning as a boutique mountain lodge. Whether you're looking to expand your hospitality portfolio or own a turnkey lodging business in one of Southern California's most desirable recreational destinations, this rare property offers location, character, and tremendous income potential. With the purchase comes an adjacent 10,959 sq ft lot APN # 0295-191-06-0000 Property Highlights: 9 guest units plus 1 dedicated manager's unit Peaceful forest setting Minutes to Snow Valley Mountain Resort, Lake Arrowhead, and Big Bear Lake Year-round tourism market Excellent owner-user or investment opportunity potential with modernization and branding

Listing Contacts

MK
CA 02116107
RE/MAX Big Bear Real Estate
Listed by RE/MAX Big Bear Real Estate

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Zoning

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HT/RC SpecialHilltop Resource Conservation
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Last updated Mar 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Mark Dolan
License
01897906
Brokerage
Re/Max Big Bear
Brokerage Phone
909-866-5062
Title
Broker of Record
Brokerage Address
42153 Big Bear Blvd
Name
Michael Kreuz
License
02116107
Brokerage
ReMax Big Bear
Title
Real Estate Sales Person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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