
Lake Arrowhead, California 92352
This Turnkey Mountain Retreat represents a High-Potential Investment Opportunity, listed at $899,000—positioned well above the $725,613 Fair Market Value. While the list price exceeds the current valuation, the property’s Turnkey Condition Rating and proven 5-star short-term rental history provide immediate income-generating potential. Featuring unobstructed panoramic lake views, 1,500 SF of deck space, and a luxury primary suite, this home offers a premium lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-producing mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27721 Caribou Drive Subject | $899,000* List Price | 3 | 3 | 2,704 | $268 | - |
A 27808 Alpen Drive Sold | $750,000 | 4 | 4 | 2,858 | $262 | 0.2 mi |
B 27366 Matterhorn Sold | $775,000 | 4 | 4 | 2,450 | $316 | 0.5 mi |
C 892 Nadelhorn Drive Sold | $820,000 | 3 | 3 | 2,588 | $317 | 0.7 mi |
D 888 Talisman Sold | $840,000 | 4 | 3 | 3,012 | $279 | 0.6 mi |
E 1078 Sandalwood Sold | $630,000 | 3 | 3 | 2,192 | $287 | 0.7 mi |
F 1034 Teakwood Sold | $883,000 | 4 | 3 | 2,754 | $321 | 0.8 mi |
G 27734 Alpen Sold | $645,000 | 4 | 3 | 2,650 | $243 | 0.2 mi |
H 1201 Voltaire Sold | $795,000 | 3 | 3 | 2,035 | $391 | 0.5 mi |
I 27535 St Bernard Lane Active Under Contract | $785,000 List Price | 4 | 3 | 2,834 | $277 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the property is in turnkey condition with significant updates within the 5-15 year range. The kitchen features recently updated stainless steel appliances, and the primary bathroom has been modernized with heated tile floors and a jetted tub. Systems are functional with central heat and air conditioning, and the overall maintenance is high, supported by a recent strong home inspection report.
The property boasts unobstructed panoramic lake views and nearly 1,500 square feet of deck space, featuring a Jacuzzi and firepit, perfect for high-end mountain entertaining.
With a successful 5-star short-term rental history and a list price positioned below recent comparable sales, this turnkey home offers immediate income-generating value.
Unlike many mountain cabins, this home features central air conditioning and a luxury primary suite equipped with heated tile floors and a heated towel rack.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9860, other record lot size in square feet = 9500.
The assigned elementary and middle schools have ratings between 3 and 5, which may be a concern for families seeking top-tier educational performance for full-time residency.
While the home is beautifully updated, the 1978 construction may require ongoing maintenance of original structural or mechanical components typical of homes from this period.
REMARKABLE LAKE VIEW PROPERTY. REMARKABLE VALUE. Unobstructed lake views, turnkey condition, A-frame/prow mountain motif, lake rights, proven 5-star vacation rental history, and priced well below recent comparable sales. This beautifully updated mountain retreat offers 2,704 square feet, 3 bedrooms, 3 baths, multiple entertaining decks, central air conditioning, and a flexible main level game room that could easily become a fourth bedroom. Experience mountain relaxation in this "cabin feel," near level entry home with nearly 1,500 SF of lake view deck space to enjoy invigorating sunrises, dreamy sunsets, and star gazing while cooking smores over the firepit. Be sure to also enjoy the game room with a two in one game table with billiards, and table tennis—and don’t forget the relaxing Jacuzzi spa! THIS IS IT: Your Dream Mountain Escape! Arrive to a tree-covered, paved driveway and head inside. The kitchen features hickory cabinets, recently updated stainless steel appliances, and a new LG refrigerator ... a great place for those family gatherings. Relax in the spacious A-frame/prow great room, with terrific endless lake and mountain views, and enjoy a cozy fire in your Regency airtight wood burning stove. Downstairs, the large primary bedroom offers breathtaking views, deck and spa access, a gas insert fireplace for easy fires late at night, and plenty of built-in dresser space, along with a spacious walk-in closet. The primary bath boasts dual sinks, a separate walk-in shower and jetted tub, as well as heated floor tiles and a heated towel rack! The additional two large bedrooms upstairs offer more lake views and quiet sitting areas for your family and guests. All three bathrooms have charming, designer touches including mountain themed backsplashes and painted sinks. Be comfortable year-round with central heat and air conditioning. The home also has a laundry/work room, and a concrete and insulated basement for plentiful storage. This home is a successful, high demand STR - producing a strong income flow - with all 5 star guest reviews and a highly rated AirBnB host. Pride of ownership is evident throughout the house, as demonstrated by a recent strong home inspection report. This turnkey, unobstructed lake view house at this price point is a very rare find on the mountain. Come see this gem now, and start enjoying your dream lake lifestyle!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-5 • 6.3 mi
Grades K-5 • 7.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,704 | 2,015.827 |
| Lot Size | 9,860 | 10,163.827 |
| Price | $899.0K | $655.9K |
| Price per sq ft | $332 | $341 |
| Built year | 1978 | 1980 |
| HOA | $0 | $544 |
| Days on market | 8 | 78 |
Sep 1, 2026
$899,000
Initial Listing
Feb 29, 2012
$530,000
Public Record
Jul 10, 1997
$180,000
Public Record