337 W Big Bear Boulevard
Big Bear Lake, CA 92314
Listing broker / agent: THE ASSOCIATES REALTY GROUP · Sara Griffin · 951-220-4491 · CRMLS
MLS # CV26107237 · Last checked Oct 22, 2026 07:28 UTC
About this property
Thelma's Family Restaurant & Bakery is a rare opportunity to own a true Big Bear institution with decades of local recognition, loyal repeat clientele, and prime visibility on one of the busiest roads in town. This well-known restaurant and bakery has built a strong reputation for its home-style comfort food, homemade baked goods, and welcoming mountain atmosphere that keeps both locals and tourists coming back year after year. The property features a fully equipped commercial kitchen, multiple spacious dining areas, a cozy bar area, two inviting fireplaces, and extensive outdoor seating that perfectly captures the Big Bear mountain lifestyle. The large patio creates an ideal setting for year-round dining and high-volume seasonal traffic. Positioned directly on the main boulevard with exceptional frontage and constant exposure, the location benefits from heavy tourist and commuter traffic throughout all seasons. Known for hearty portions, homemade pies, famous cinnamon rolls, and longtime customer favorites like the “Hobo” breakfast special and chicken pot pies, the restaurant has become a staple dining destination in the valley. The business enjoys strong community recognition, established operational history, and a reputation for generating solid revenue with consistent customer demand. The warm mountain-style interior, family-friendly atmosphere, and flexible indoor/outdoor dining spaces make this a standout hospitality property with tremendous potential for continued growth, events, catering, expanded bar service, or enhanced entertainment concepts. A turnkey opportunity to own one of Big Bear’s most recognizable and beloved restaurant destinations.
Property details
- MLS number
- CV26107237
- Status
- Active
- Type
- Commercial Sale
- Subtype
- Retail
- Lot size
- 0.5223 acres
- County
- San Bernardino
More property detailsCollapse
Listing
- Days on market
- 100
Building
- Building stories
- 1
- Entry level
- 1
- Construction
- Drywall, Frame, Log Siding, Plaster, Shingle Siding, Shake Siding, Stucco, Wood Siding
- Roof
- Composition
Rooms & interior
- Heating
- Fireplaces, Propane, Natural Gas, Wood
- Cooling
- Central Air
- Laundry
- Laundry Room, Stacked
Exterior & parking
- Exterior features
- Misting System
- Lot features
- Zero To One Unit Acre, Drip Irrigation Bubblers, Garden, Sprinklers In Rear, Sprinklers In Front, Landscaped, Rectangular Lot, Rocks, Street Level, Trees
- Fencing
- Average Condition, Glass, Masonry, Needs Repair, Wood
Utilities & community
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Propane, Phone Connected, Sewer Connected, Water Connected
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Big Bear Middle Bear Valley Unified · Big Bear Lake | 6–8 | 0.6 mi |
| North Shore Elementary Bear Valley Unified · Big Bear Lake | K–5 | 2.0 mi |
| Baldwin Lane Elementary Bear Valley Unified · Big Bear City | K–5 | 4.6 mi |
| Chautauqua High (Continuation) Bear Valley Unified · Big Bear City | 8–12 | 5.0 mi |
| Big Bear High Bear Valley Unified · Big Bear City | 9–12 | 5.0 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $700,000
- MLS-reported original asking price
- $700,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:47 | $700,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Big Bear Lake
Active residential homes for sale in Big Bear Lake, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
36 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 07:43 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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