
Lake Arrowhead, California 92352
This Turnkey Vacation Rental is a High-Potential Investment Opportunity, listed at $665,000—positioned well below the $690,559 Fair Market Value by 3%. This valuation gap offers $25,559 in Instant Equity. Featuring a Mint Condition Rating, this property includes a Granite Kitchen, Trex Decking, and a Private Hot Tub. With a proven rental track record and proximity to Rim of the World High School, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 493 Pioneer Subject | $665,000* List Price | 3 | 3 | 2,239 | $308 | - |
A 795 Bishorn Sold | $655,000 | 3 | 3 | 2,064 | $317 | 0.4 mi |
B 635 Grass Valley Drive Sold | $645,000 | 3 | 2 | 2,119 | $304 | 0.2 mi |
C 27364 Pinewood Sold | $699,000 | 3 | 2 | 2,000 | $350 | 0.7 mi |
D 965 Sandalwood Drive Sold | $514,500 | 3 | 3 | 2,030 | $253 | 0.6 mi |
E 892 Nadelhorn Drive Sold | $820,000 | 3 | 3 | 2,588 | $317 | 0.6 mi |
F 27366 Matterhorn Sold | $775,000 | 4 | 4 | 2,450 | $316 | 0.9 mi |
G 544 Old Toll Sold | $595,000 | 4 | 3 | 1,690 | $352 | 0.3 mi |
H 414 Pioneer Sold | $690,000 | 4 | 2 | 2,068 | $334 | 0.1 mi |
I 316 Pioneer Road Active | $644,000 List Price | 3 | 3 | 1,989 | $324 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a high-quality modern renovation within the last 5 years. The kitchen is updated with stainless steel appliances, granite countertops, and a copper farmhouse sink. The inclusion of modern mini-split HVAC systems and low-maintenance Trex decking confirms its mint, turnkey condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10800, living area = 2239.
The property is a proven vacation rental with a strong track record and hundreds of positive reviews, offered fully stocked and turnkey for immediate income generation.
Featuring three levels of living space, a dedicated game room with arcade favorites, and expansive Trex decks with a private hot tub, the home is optimized for hosting large groups.
Built in 1977, the A-frame architecture may present unique long-term maintenance challenges regarding roof steepness and original insulation efficiency.
While a mini-split serves the upper level, the lack of a comprehensive cooling system throughout the main and lower floors may be a drawback during peak summer temperatures.
Welcome to Owl’s Nest, a charming A-frame mountain hideaway where warm wood surrounds you, and all three levels are made for gathering. Beautifully remodeled and thoughtfully styled, this is a cabin with plenty of charm—and a serious track record as a beloved vacation rental. The sun-filled main level brings everyone together with a captivating great room, modern kitchen, dining space, king bedroom, and full bath. Step outside to one of multiple decks tucked among the trees, with plenty of room for morning coffee, BBQ dinners, and long evenings under the stars in the hot tub. Upstairs, a mini-split keeps things cool; another king bedroom joins a charming bunk room, full bath, and perhaps the sweetest perch in the house: a loft bathed in light by the wall of windows, made for chess, reading, and watching the pines sway. Downstairs is where the fun begins. Shuffleboard, foosball, video and arcade games, a fireplace, big-screen TV, Murphy bed, and third full bath create a game room built for long weekends and late nights. A secondary exterior entry with direct access from the level circular driveway gives this floor added flexibility and makes arrivals easy all year. Outside, the living continues across multiple levels of decks (mostly Trex) with a BBQ for summer dinners and a private hot tub for cool mountain nights. There’s space here to gather, escape, entertain, or simply find your own quiet corner in the trees. With sleeping for up to 12, easy level parking, Lake Rights, dual access from both above and below, the practical boxes are checked, too. Offered turnkey and stocked, and backed by hundreds of great guests reviews, Owl’s Nest isn’t simply a mountain house—it’s a place for generations to connect and that friends to gather for years to come.
No exterior & parking available.
Grades PK-5 • 2.2 mi
Grades K-5 • 5.3 mi
Grades K-5 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,239 | 2,015.827 |
| Lot Size | 10,800 | 10,163.827 |
| Price | $665.0K | $655.9K |
| Price per sq ft | $297 | $341 |
| Built year | 1977 | 1980 |
| HOA | $0 | $544 |
| Days on market | 21 | 78 |
Aug 19, 2026
$665,000
Initial Listing
Mar 8, 2019
$500,000
Public Record
Sep 9, 2014
$360,000
Public Record
Jul 31, 2008
$370,000
Public Record