4 Village 3, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath

4 Village 3, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$899,000
4 Village 3, Lake Arrowhead, California 92352
3Beds
3Baths
1,818Sqft
1,107Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Lakefront Village Location: Unbeatable location in the heart of Lake Arrowhead Village, offering unrivaled panoramic lake views, a prime vantage point for 4th of July fireworks, and easy walkability to local restaurants, shopping, and entertainment.
Top Cons:
Significant Monthly HOA Dues: The association fee of $654.50 per month represents a considerable ongoing cost that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$899.0K vs avg $477.5K (+$421,500)64%
Size:1,818 sqft vs avg 1,470.5 sqft86%
Price/sqft:$494 vs avg $25464%

More Insights

Built in 1983 (42 years old).
Condition: Built in 1983, this property has undergone significant recent updates that elevate its condition. The kitchen features newly painted cabinetry and updated stainless steel appliances, giving it a modern and refreshed look. Recent updates also include new electrical plugs, ceiling lights, and a smart thermostat, indicating good maintenance and functional improvements. While the bathrooms are clean and functional, some elements like the jetted tub in the primary suite suggest an older style, preventing an 'Excellent' rating. Overall, the property is move-in ready with a contemporary feel in key areas, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1983
Close
-
List price
$899K
Original List price
$965K
Price/Sqft
$494
HOA
$654.5
Days on market
-
Sold On
-
MLS number
IG25068072
Home ConditionGood
Features
Excellent View: Lake
Deck
ViewLake

About this home

Premier Lakefront Condo in the Heart of Lake Arrowhead Village! Experience the best of Lake Arrowhead living in this freshly painted, stunning upper-floor lakefront condo, perfectly positioned in the vibrant heart of Lake Arrowhead Village. Enjoy unrivaled panoramic lake views and the ultimate vantage point for spectacular 4th of July fireworks right from your spacious deck. This beautifully designed 2-bedroom, 3-bathroom condo features a convenient open-concept layout, creating a bright and welcoming atmosphere ideal for both relaxing and entertaining. The main level boasts a refreshed, airy kitchen complete with newly painted cabinetry and updated stainless steel appliances, opening seamlessly into the large living area. Here you'll find two distinct seating spaces: one perfect for cozy TV viewing and another thoughtfully arranged around a captivating rock fireplace and breathtaking lake views. Originally designed with three bedrooms, this versatile floor plan currently offers an expansive dining area that can easily be converted back into a third bedroom, complete with its own private bathroom and serene lake views. Also on this level is a charming bedroom with a custom-built window bench and its own dedicated bath. The upper floor is dedicated exclusively to a luxurious primary suite, featuring endless lake vistas, ample room for a relaxing seating area, and a spacious en suite bath complete with a jetted tub, separate office loft space, and a generous walk-in closet. Recent updates include all new electrical plugs, ceiling lights, a smart thermostat to conveniently control both AC and heat, and an upgraded alarm system for added peace of mind. Currently operating as a successful short-term rental, this property provides excellent flexibility for personal use or investment opportunities. It is also one of the few HOAs in Lake Arrowhead that permit short-term rentals, making it a unique investment opportunity. Additionally, the condo complex is highly exclusive, with only four units in total. The private garage offers one reserved parking space for the owner, along with two guest parking spaces available on a first-come, first-serve basis. Most of the other units in the complex have part-time owners, providing additional parking availability. Additional conveniences include easy walkability to popular restaurants, boutique shopping, and entertainment options within the Village, and optional access to half a double dock available for separate purchase.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.6mi
4/10
Charles Hoffman Elementary School
Public,K-56.5mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.6mi
/10
Rim Virtual
Public,K-81.0mi
5/10
Mary P. Henck Intermediate School
Public,6-81.5mi
6/10
Rim Of The World Senior High School
Public,9-121.7mi
Condition Rating
Good

Built in 1983, this property has undergone significant recent updates that elevate its condition. The kitchen features newly painted cabinetry and updated stainless steel appliances, giving it a modern and refreshed look. Recent updates also include new electrical plugs, ceiling lights, and a smart thermostat, indicating good maintenance and functional improvements. While the bathrooms are clean and functional, some elements like the jetted tub in the primary suite suggest an older style, preventing an 'Excellent' rating. Overall, the property is move-in ready with a contemporary feel in key areas, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Lakefront Village Location: Unbeatable location in the heart of Lake Arrowhead Village, offering unrivaled panoramic lake views, a prime vantage point for 4th of July fireworks, and easy walkability to local restaurants, shopping, and entertainment.
Strong Short-Term Rental Potential: Currently a successful short-term rental, this property offers excellent investment flexibility, notably being one of the few HOAs in Lake Arrowhead that permits short-term rentals.
Flexible 2-3 Bedroom Floor Plan: The versatile layout allows for easy conversion of the expansive dining area back into a third bedroom, complete with its own private bathroom and serene lake views, enhancing its adaptability for various needs.
Recent Modern Updates & Amenities: The condo features recent updates including fresh paint, a refreshed kitchen with updated stainless steel appliances, new electrical, ceiling lights, a smart thermostat (AC/Heat), and an upgraded alarm system.
Exclusive & Low-Density Complex: Part of a highly exclusive complex with only four units, providing a private garage space for the owner and additional guest parking, often available due to part-time owners.

Cons

Significant Monthly HOA Dues: The association fee of $654.50 per month represents a considerable ongoing cost that potential buyers must factor into their budget.
Dock Access Not Included: While lakefront, optional access to half a double dock is available only for separate purchase, adding an additional cost for a key lake amenity.
Shared & Limited Guest Parking: Guest parking is on a first-come, first-serve basis, which could present challenges or inconvenience during peak seasons or busy periods in the village.

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