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Closed
- Listed price
- $1,500,000
- Listed Oct 30, 2020
- Sold price
- $1,500,000
- Sold Apr 30, 2021
13,550 sqft lot|1940 Built|4 MLS days on market
40821 Village Dr, Big Bear, CA 92315
Property Description
MOST VISABLE COMMERCIAL LOCATION IN THE VILLAGE. 'Paoli's Italian Restaurant and Bar'. Zoned Commercial Retail, this 5,858 sq. ft. Commercial Building includes a spacious Restaurant with Full Kitchen and Bar, Retail Space (or additional Banquet Seating), 6 Residential Units and large Outside Patio Dining all on approx. 14,000 sq. ft. corner lot in one of the most Prime Commercial Locations in Big Bear. This Price includes the World Famous Paoli's Italian Restaurant NAME, all Furniture, Fixtures, Machinery, Equipment, Leasehold Improvements and Type 47 Liquor License all valued at "asset value" at only $150,000 (due to COVID). Attention Investors. Existing Residential Annual Income is approximately $31,200. Projected Commercial Retail/Restaurant Annual Income (based on approximately 4500 sq. ft. @ $2.00 per sq. ft. X 12 months) = $108,000. SPECIAL NOTE: Buyer of the Building/Restaurant has first right to purchase the 18,150 sq. ft. vacant lot at 705 Cameron for additional $200,000.
Listing agent: MICHAEL DOLANDRE #00752899mikedolan@bigbearproperties.com, Listing office: KELLER WILLIAMS BIG BEAR 2
MLS data updated 11/1/2026, 12:36:34 PM PT
Source: CRMLSMLS #: EV20229490
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,500,000
Apr 30, 2021
Available records22020–2021
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92315 · Nov 2026
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ZIP 92315 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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