26566 Spyglass, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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Lake Arrowhead, California 92352
This High-Performing Short-Term Rental Asset is a Strong Value Opportunity, listed at $1,149,000—positioned well above the $1,049,445 Fair Market Value by 9%. While priced at a premium, the property features a Condition Rating of 3, boasting a Granite Kitchen and Private Sauna. With a proven track record of $90k in annual gross revenue and Lake Rights, this turnkey property is an ideal acquisition for Buy-and-Hold Investors or Second-Home Buyers seeking a high-demand, income-generating mountain retreat in the desirable Summit area.
Turnkey Lake Arrowhead home with Lake Rights and proven $90k annual rental income. Features 4 beds, 3 baths, sauna, and stunning mountain views. Move-in ready.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26566 Spyglass Subject | $1,149,000* List Price | 4 | 3 | 3,065 | $342 | - |
A 277 Grizzly Road Sold | $895,000 | 5 | 4 | 2,824 | $317 | 1.0 mi |
B 26335 Walnut Hills Drive Sold | $855,000 | 4 | 3 | 2,775 | $308 | 0.4 mi |
C 641 Golf Course Road Sold | $845,000 | 4 | 3 | 2,828 | $299 | 1.0 mi |
D 26395 Augusta Drive Sold | $1,025,000 | 4 | 3 | 2,184 | $469 | 0.2 mi |
E 26461 Hillcrest Lane Active | $998,000 List Price | 4 | 4 | 3,251 | $307 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the property has undergone significant renovations within the 5-15 year range. The kitchen is updated with granite countertops and stainless steel appliances, and the primary bathroom features a modern glass-enclosed shower and soaking tub. The interior shows well-maintained flooring, contemporary paint, and functional systems, making it move-in ready and suitable for its current use as a high-performing short-term rental.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12420, living area = 3065.
The property is a highly successful short-term rental grossing nearly $90,000 annually, offered fully furnished for an immediate, turnkey transition for investors.
Rare level entry with a two-car garage provides ease of access, while the inclusion of Lake Rights and a private sauna adds significant lifestyle and resale value.
Built in 1978, the property may require more frequent maintenance or updates to its original systems and exterior components compared to newer mountain builds.
The local elementary schools have relatively low performance ratings, which could be a drawback for families seeking a primary residence.
WOW, WOW, WOW! You are Going to LOVE the Incredible Wall of Windows Bringing in the Beauty of the Gorgeous Pines & Cedars Outside! Sit & Enjoy a Warm Fire in the Floor to Ceiling Woodburning Fireplace and & Watch the Snow Fall... The Floor Plan Has a Great Flow & The Fully Equipped Kitchen is Open with Inviting Breakfast Bar. 2 Generously-Sized Bedrooms and a Full Bath on the Main Level for Convenience. Upstairs is a Fabulous Primary Bedroom with its Own Bathroom and an Awesome Loft Area Perfect for Reading & Relaxing. The Lowest Level is an Oversized Master Suite with Fireplace, Private Sitting Area, En Suite Bathroom with Soaking Tub and Separate Shower, HUGE Closet and Even a Sauna! DID I MENTION THE VIEWS? You are Literally Sitting Amongst the Most Gorgeous Trees with Awesome Distant Views too! Level Entry with a 2-Car Garage Makes this One Pretty Much Perfect! And it's a MONEYMAKER!! Grossing Close to $90k Last Year, it is One of the Best Rated Short Term Rentals on Air Bnb in Lake Arrowhead! Comes Fully Furnished & Ready to Take Over Biz or Use for FullTime or Part Time Living! Located in the Highly Desired Summit Area, Less than a 10 Minute Drive to the Lake's Edge! Also Just a Quick Drive to the Lake Arrowhead Village, Skypark and the Slopes too! And Yes, It Absolutely Has LAKE RIGHTS!!
No exterior & parking available.
Grades PK-5 • 3.1 mi
Grades K-5 • 4.7 mi
Grades K-5 • 8.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,065 | 1,998.5 | 84% |
| Lot Size | 12,420 | 9,897 | 77% |
| Price | $1.15M | $685.0K | 81% |
| Price per sq ft | $375 | $346 | 62% |
| Built year | 1978 | 1978 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 212 | 1% |
May 21, 2026
$1,149,000
Initial Listing
Jun 30, 2021
$830,000
Public Record
Nov 15, 2010
$390,000
Public Record
Jun 28, 2010
$185,000
Public Record
May 5, 1994
$270,000
Public Record