1296 Calgary Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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1296 Calgary Drive
Lake Arrowhead, California 92352
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,640Sq Ft
16,275Lot Size
Property Price
LIST PRICE$609,800
EST. MARKET VALUE
$566,227
7% AboveMARKET VALUE
SUMMARY
This Turnkey Short-Term Rental Cabin is a High-Potential Investment Opportunity, listed at $609,800—positioned well below the $566,227 Fair Market Value by -7%. While the list price exceeds the current valuation, the property offers a Condition Rating of 3 with significant interior updates and a rare 5-vehicle driveway. Featuring Full Lake Rights, a natural stream, and Panoramic Forest Views, this asset is optimized for immediate revenue. It is an ideal acquisition for Buy-and-Hold Investors or Second-Home Buyers seeking a proven income-generating mountain retreat.
Estimated Market Value
$566,227
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1296 Calgary Drive Subject | $609,800* List Price | 4 | 3 | 1,640 | $345 | - |
A 1181 Voltaire Sold | $570,000 | 4 | 3 | 2,010 | $284 | 0.4 mi |
B 27963 St. Bernard Ln Sold | $500,000 | 3 | 2 | 1,327 | $377 | 0.7 mi |
C 1403 Yosemite Sold | $620,000 | 3 | 3 | 2,080 | $298 | 0.5 mi |
D 1364 Toronto Drive Sold | $615,000 | 4 | 3 | 2,094 | $294 | 0.3 mi |
E 1315 Sequoia Drive Sold | $675,000 | 3 | 2 | 1,997 | $338 | 0.4 mi |
F 1360 Montreal Active | $749,000 List Price | 3 | 3 | 1,896 | $395 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1970, the property has undergone significant interior renovations within the last 5-15 years. The photos show updated laminate flooring, modern bathroom vanities with contemporary fixtures, and newer stainless steel appliances. The home is well-maintained, functional, and move-in ready, currently operating as a successful short-term rental.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16275, living area = 1640.
- Full Lake Rights & Premium Location
Located in the prestigious North Shore area of Arrowhead Woods, this property includes highly coveted full lake rights and close proximity to Tavern Bay Beach Club, enhanced by a natural stream in the backyard.
- Exceptional Parking Capacity
Features a rare, flat main-level driveway that accommodates up to 5 vehicles, providing excellent convenience and accessibility which is highly unusual and desirable for mountain homes.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1970, the cabin may require more ongoing maintenance, structural oversight, or modern updates compared to newer constructions in the area.
- Mediocre School Ratings
The local public schools serving the property have average to below-average ratings, which could be a deterrent for families looking to use the cabin as a primary residence.
About 1296 Calgary Drive
Welcome to Calgary Chalet, a 4 bedroom and 3 full bathroom cabin nestled in the enchanting and prestigious North Shore just a few minutes from the lake and Tavern Bay Beach Club. Step in and feel the peace in this perfect A-frame tri-level cabin that comes with full lake rights to Lake Arrowhead and access to a water stream located right in your own back yard. The cabin offers two decks that will provide unobstructed views of the forest perfect to enjoy your morning coffee or to enjoy an outside dinner with family and friends. Additionally, you will find a very rare main level parking driveway that will accommodate up to 5 vehicles. The cabin is currently operating as a short-term rental and income is available for potential buyers. Don't miss the opportunity to own your own piece of paradise!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 16,275 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 0.3 mi
4/10
Charles Hoffman Elementary School
Grades K-5 • 7.1 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 7.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,640 | 2,015.827 |
| Lot Size | 16,275 | 10,163.827 |
| Price | $609.8K | $655.9K |
| Price per sq ft | $372 | $341 |
| Built year | 1970 | 1980 |
| HOA | $0 | $544 |
| Days on market | 23 | 78 |
Pricing History
Listed for Sale
Aug 17, 2026
$609,800
Initial Listing
Sold
Apr 13, 2023
$620,000
Public Record
Sold
Dec 19, 2022
$600,000
Public Record
Sold
Aug 29, 2008
$220,000
Public Record
Sold
Jul 31, 2003
$175,500
Public Record