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676 Rhine Rd., Lake Arrowhead, California 92391, Lake Arrowhead, 92391 - 4 bed, 3 bath

676 Rhine Rd., Lake Arrowhead, California 92391 home-pic-0
ACTIVE$599,900
676 Rhine Rd., Lake Arrowhead, California 92391
4Beds
3Baths
2,024Sqft
16,000Lot

Price Vs. Estimate

The estimated value ($599,900) is $0 (0%) lower than the list price ($599,900). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16000, living area = 2024.
Top Cons:
Previous Failed Transaction: The property is 'BACK ON THE MARKET!' due to a 'Buyer didn't perform!' situation, which can raise questions for potential buyers regarding the reason for the previous transaction's failure and may suggest undisclosed issues.

Compared to the nearby listings

Price:$599.9K vs avg $380.0K (+$219,900)88%
Size:2,024 sqft vs avg 1,416 sqft82%
Price/sqft:$296 vs avg $26067%

More Insights

Built in 1979 (46 years old).
Condition: Built in 1979, this 'Prow style' home is well-maintained but shows its age. The interior features, including the pinkish-brown carpets, dated light fixtures, and visible kitchen style (white cabinetry, likely older appliances), suggest that while functional, the property has not undergone extensive modern renovations. The bathrooms are not pictured but are likely consistent with the overall dated aesthetic. The lack of a specified modern HVAC system is also a factor. It's livable and maintained, but requires minor updates to bring it to current aesthetic and comfort standards.
Year Built
1979
Close
-
List price
$600K
Original List price
$649K
Price/Sqft
$296
HOA
-
Days on market
-
Sold On
-
MLS number
TR25221008
Home ConditionFair
Features
Good View: Canyon, Trees/Woods
Deck
Patio
ViewCanyon, Trees/Woods

About this home

BACK ON THE MARKET! Buyer didn't perform! Check the comps! Priced to sell! Super cool Prow style home with lake rights located on over 1/3rd acre with ALREADY built structures ready to convert to ADU's. Ground level home over 2,000sf, 4bd/3baths, soaring beamed ceilings, walls of glass, rock fire place, and a wrap-around deck. Open-style kitchen with an island and direct access to the deck. The home is perfect for entertaining! Main floor offers 2 bedrooms and 1 full bathroom. Top floor has a loft/lounge area plus an extra large Primary suite with beamed vaulted ceilings and a separate bathroom. The lower level has a ginormous room that can be another Primary suite or family room with another bathroom. Direct access to the secured back yard, and a park-like setting with fabulous evergreens and a seasonal stream. Parking for at least 6 cars PLUS a HUGE custom built 3 story structure that offers a XTRA large 2 car garage, a huge enclosed area above the garage(possible ADU) and an expansive workshop underneath the garage(possible Junior ADU). Home is currently used as a part-time AirBnB and is approved to sleep 12 people comfortably. Tons of possibilities and truly a one-of-a-kind! Must see!

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.0mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•5.5mi
4/10
Charles Hoffman Elementary School
Public,•K-5•7.9mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•0.1mi
/10
Rim Virtual
Public,•K-8•1.0mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.1mi
Condition Rating
Fair
Built in 1979, this 'Prow style' home is well-maintained but shows its age. The interior features, including the pinkish-brown carpets, dated light fixtures, and visible kitchen style (white cabinetry, likely older appliances), suggest that while functional, the property has not undergone extensive modern renovations. The bathrooms are not pictured but are likely consistent with the overall dated aesthetic. The lack of a specified modern HVAC system is also a factor. It's livable and maintained, but requires minor updates to bring it to current aesthetic and comfort standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16000, living area = 2024.
Significant ADU & Income Potential: The property boasts existing structures ready for ADU conversion (including a 3-story custom-built structure with garage, potential ADU above, and Junior ADU workshop below) and is currently approved for AirBnB use, comfortably sleeping 12, offering substantial income generation or multi-generational living opportunities.
Exclusive Lake Rights & Desirable Location: Located in the sought-after Arrowhead Woods subdivision, the property includes valuable lake rights, providing exclusive access to Lake Arrowhead, a premium amenity in the area.
Unique Architectural Charm & Design: Featuring a distinctive 'Prow style' architecture with soaring beamed ceilings, walls of glass, a rock fireplace, and a wrap-around deck, the home offers a unique aesthetic appeal and a strong connection to its natural surroundings.
Spacious & Versatile Living/Outdoor Spaces: With over 2,000 sqft, a flexible layout including multiple potential primary suites, an open-style kitchen perfect for entertaining, a large 1/3+ acre lot with a park-like setting, seasonal stream, and ample parking for at least 6 cars, the property offers generous and adaptable spaces.
Favorable Value Proposition: The current list price of $599,900 is below the estimated property value of $627,770.27, suggesting a potentially attractive investment for buyers, especially after a recent price reduction.

Cons

Previous Failed Transaction: The property is 'BACK ON THE MARKET!' due to a 'Buyer didn't perform!' situation, which can raise questions for potential buyers regarding the reason for the previous transaction's failure and may suggest undisclosed issues.
Age of Property & Potential for System Updates: Built in 1979, the home is over 40 years old, which may imply that major systems (e.g., plumbing, electrical, roofing) could be nearing the end of their lifespan or require modernization and future investment.
Unspecified HVAC System: While a rock fireplace is mentioned, the description does not explicitly detail a comprehensive central heating and/or cooling system, which could be a concern for comfort and energy efficiency for some buyers, particularly in varying mountain climates.

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