
Lake Arrowhead, California 92352
This Strong Value Opportunity is a Turnkey Short-Term Rental listed at $565,000, positioned above the $515,963 Fair Market Value. While priced at a premium, the property maintains a Condition Rating of 3, featuring modern kitchen upgrades and a highly desirable, flat, fenced backyard. Located in the Palisades neighborhood, this cabin offers immediate income potential and proximity to the lake. It is an ideal acquisition for Buy-and-Hold Investors seeking a proven rental asset or Owner-Occupants desiring a move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 380 Hemlock Subject | $565,000* List Price | 3 | 1 | 928 | $556 | - |
A 28810 Cedar Sold | $435,000 | 3 | 2 | 884 | $492 | 0.1 mi |
B 110 Highway 173 Sold | $575,000 | 3 | 3 | 1,260 | $456 | 0.4 mi |
C 381 Maple Drive Sold | $507,500 | 2 | 2 | 1,168 | $435 | 0.1 mi |
D 347 Emerald Drive Active | $689,999 List Price | 2 | 2 | 1,032 | $669 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1948, the property has undergone significant renovations likely within the 10-20 year range. The kitchen features updated pine cabinetry and a garden window, and the bathroom is modernized with a pedestal sink and clean tiling. The home is well-maintained, functional, and currently operates as a successful short-term rental, meeting the criteria for move-in ready condition.
Situated in the highly sought-after Palisades neighborhood of Arrowhead Woods, this property offers exceptional proximity to the lake trail and the shops in Cedar Glen.
The property features a rare, totally flat and fenced backyard with no neighbor to the left, providing a private and highly usable outdoor area that is uncommon for mountain terrain.
With modern kitchen upgrades and a proven track record as a successful Airbnb, this cabin is well-positioned for immediate short-term rental income or as a move-in ready vacation home.
The home features three bedrooms but only one bathroom, which may create logistical challenges for larger groups or families.
At just 928 square feet for a three-bedroom layout, the individual room sizes and overall living space are relatively small, potentially feeling cramped for full-time residency.
Looking for an ADORABLE CABIN Close to the Lake? YOU ARE GOING TO FALL IN LOVE With This One! Sitting in the Highly Sought After Neighborhood, the Palisades, this Cutie is Just a Hop, Skip & a Jump From the Lake & the Stores in Cedar Glen! Wake Up in the Morning and Go for a Stroll on the Lake Trail or Go for a Swim or Catch a Few Fish! Just a Couple Steps up to the Front Door & a Bedroom and Bath on Main Level Makes Living Here Soooo Easy! So Much Parking Too!!! Cozy up to the Fireplace in the Oh So Charming Living Room Open to the Kitchen. The FENCED BACKYARD IS INCREDIBLE!! Totally Flat with a Couple Areas to Lounge & Relax with Paths to Enjoy the Nature All Around! No Neighbor to the Left Either! Modern Kitchen Has the Best Garden Window & Upgrades! Cute Dining Room Area and Laundry on the Main Level too for Convenience! Upstairs are 2 Super Cute Rooms with Plenty of Natural Light Coming in! THIS ONE IS GOING TO KNOCK YOUR SOCKS OFF!! Active & Successful Air Bnb Also!! Come & See This Amazing Little Cabin with Room for Everyone in the Best Location!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-5 • 6.0 mi
Grades K-5 • 7.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 928 | 2,126 |
| Lot Size | 4,800 | 9,850 |
| Price | $565.0K | $669.1K |
| Price per sq ft | $609 | $346 |
| Built year | 1948 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 25 | 92 |
Jun 27, 2026
$565,000
Initial Listing
Jun 20, 2023
$545,000
Public Record
Jun 24, 2021
$565,000
Public Record
Jul 18, 2012
$165,000
Public Record