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Big Bear Lake, CA

$700,000

337 W Big Bear Boulevard, Big Bear Lake, CA
10
Days listed

About this home

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.

Facts & features

Interior
Heating
Fireplaces, Propane, Natural Gas, Wood
Cooling
Central Air
Laundry
Laundry Room, Stacked
Exterior & lot
Lot size
0.522 acres (22,750 sq ft)
Community
Area
289 - Big Bear Area
County
San Bernardino
Listing details
Status
Active
Property type
Retail
Days on market
10
Listed
2026-05-15
Terms
Cash, Cash To New Loan, Conventional, Exchange 1031, Submit
Parcel #
0311117460000
MLS #
CV26107237
Listed by
Sara Griffin · THE ASSOCIATES REALTY GROUP

Location

Price history

Listed
$700,000 · 2026-05-15
Days on market
10
Current price
$700,000
Financing

Could this home be yours?

Estimated monthly payment
$4,391
$3,540 principal & interest · $852 taxes & insurance
$140,000
Estimate only
Loan $560,000

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Listing data provided by CRMLS

Listing courtesy of THE ASSOCIATES REALTY GROUP. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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