760 Lake Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath

760 Lake Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$399,000
760 Lake Drive, Lake Arrowhead, California 92352
3Beds
2Baths
1,040Sqft
3,120Lot

Price Vs. Estimate

The estimated value ($363,529.955) is $35,470.045 (8%) lower than the list price ($399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turnkey & Fully Furnished: The property is offered completely furnished and equipped, including appliances and electronics, making it move-in ready and ideal for immediate use or rental.
Top Cons:
Compact Lot Size: The 3,120 sqft lot is relatively small for a mountain property, which may limit privacy, outdoor activity space, or future expansion possibilities.

Compared to the nearby listings

Price:$399.0K vs avg $675.0K ($-276,000)9%
Size:1,040 sqft vs avg 1,933 sqft6%
Price/sqft:$384 vs avg $35159%

More Insights

Built in 1990 (35 years old).
Condition: The property, built in 1990, is well-maintained and presented as 'recently renovated' with a rustic-modern design. While the living areas feature updated wood-look flooring and modern light fixtures, and there are recent additions like a steam room and decks, the critical areas of the kitchen and bathrooms show signs of being outdated. The description mentions 'quartz counters' in the kitchen, but the images clearly depict white tiled countertops in both the kitchen and bathrooms. These tiled counters, along with the older-style wood cabinets/vanities and some black appliances (range, dishwasher), suggest a renovation that is likely 15-25 years old, rather than a truly 'recent' or 'modern' update by current standards. While functional and clean, these key features show signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1990
Close
-
List price
$399K
Original List price
$475K
Price/Sqft
$384
HOA
$1,100
Days on market
-
Sold On
-
MLS number
IG25153558
Home ConditionFair
Features
Good View: Trees/Woods
Deck
Spa
ViewTrees/Woods

About this home

Welcome to the “Three Bears Cabin” — a storybook mountain retreat in Lake Arrowhead Villas. Tucked beneath a canopy of soaring redwoods, this recently renovated and fully furnished home blends rustic charm with modern design in a way that feels both timeless and fresh. With three bedrooms and two full baths, the cabin is offered turnkey and move-in ready—perfect as a private escape, vacation rental, or full-time residence. The open-concept living space is centered around a dramatic floor-to-ceiling stone fireplace, with soaring wood-beamed ceilings and expansive prow-style windows that flood the interior with natural light. The kitchen has been thoughtfully updated with quartz counters, stainless appliances, and a breakfast bar, and comes fully equipped for immediate enjoyment. The home comfortably sleeps up to nine guests, featuring two queen-size bedrooms, a bunk room with trundle, and a queen-size fold-out sofa in the living room. Large-screen TVs are located in each bedroom and above the fireplace, and a dedicated work space with computer desk and tech equipment is also included. Outside, full-length decks on both levels invite you to unwind among the trees. A built-in fire pit, large BBQ, and newly added covered steam room create an ideal setting for year-round relaxation and entertaining. All appliances, electronics, and furnishings are included, making this a truly seamless opportunity for any buyer. Located in the Lake Arrowhead Villas with easy commuter access and just a short drive to Lake Arrowhead Village, this peaceful yet convenient setting offers the best of mountain living. Don’t miss your chance to own this turn-key retreat—The Three Bears Cabin is ready when you are.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-52.4mi
4/10
Charles Hoffman Elementary School
Public,K-55.8mi
3/10
Valley Of Enchantment Elementary School
Public,K-57.0mi
/10
Rim Virtual
Public,K-81.4mi
5/10
Mary P. Henck Intermediate School
Public,6-82.3mi
6/10
Rim Of The World Senior High School
Public,9-121.5mi
Condition Rating
Fair

The property, built in 1990, is well-maintained and presented as 'recently renovated' with a rustic-modern design. While the living areas feature updated wood-look flooring and modern light fixtures, and there are recent additions like a steam room and decks, the critical areas of the kitchen and bathrooms show signs of being outdated. The description mentions 'quartz counters' in the kitchen, but the images clearly depict white tiled countertops in both the kitchen and bathrooms. These tiled counters, along with the older-style wood cabinets/vanities and some black appliances (range, dishwasher), suggest a renovation that is likely 15-25 years old, rather than a truly 'recent' or 'modern' update by current standards. While functional and clean, these key features show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Turnkey & Fully Furnished: The property is offered completely furnished and equipped, including appliances and electronics, making it move-in ready and ideal for immediate use or rental.
Versatile Investment Potential: Suitable as a private retreat, full-time residence, or a lucrative vacation rental, accommodating up to nine guests, broadening its market appeal.
Charming Mountain Aesthetic: Features a 'storybook' design with soaring wood-beamed ceilings, expansive prow-style windows, and a dramatic floor-to-ceiling stone fireplace, creating a desirable rustic-modern ambiance.
Exceptional Outdoor Amenities: Boasts full-length decks on both levels, a built-in fire pit, large BBQ, and a newly added covered steam room, perfect for year-round relaxation and entertaining.
Convenient Lake Arrowhead Location: Situated in the desirable Lake Arrowhead Villas, offering a peaceful setting with easy commuter access and a short drive to Lake Arrowhead Village amenities.

Cons

Compact Lot Size: The 3,120 sqft lot is relatively small for a mountain property, which may limit privacy, outdoor activity space, or future expansion possibilities.
History of Price Reductions: Multiple significant price drops from the original $475,000 to the current $399,000 could indicate initial overpricing or market challenges, potentially raising buyer questions about its true market value.
Absence of Central Cooling: As is common in mountain homes, the description does not mention a cooling system, which could be a drawback for comfort during warmer periods of the year.

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