20.7 Pro Forma CAP. Big Bear’s Future Landmark—Now Boarding Visionaries. This 20+ room alpine fixer is the blank canvas every savvy hotelier dreams of. Tucked just two blocks in plain sight from downtown Big Bear and a short stroll to the lake, this property already has the bones—conference and play space, room for expansion, and unbeatable proximity to boating, fishing, mountain biking, snowboarding, and everything in between. A basic fixer? Yes. But that’s where the magic begins. With a little imagination (and maybe a design board or two), this becomes a boutique lodge, wellness retreat, co-living escape, or your own mountain masterpiece. Options galore. This is a value-add play with more upside than an LAX runway—and hoteliers with vision will see the potential from a mile-high view. Bring your plans, your Pinterest boards, and your mountain mindset—Big Bear’s crown jewel is ready for its glow-up.