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790 Tulip Drive, Green Valley Lake, California 92341, Green Valley Lake, 92341 - 4 bed, 3 bath

790 Tulip Drive, Green Valley Lake, California 92341 home-pic-0
ACTIVE$575,000
790 Tulip Drive, Green Valley Lake, California 92341
4Beds
3Baths
1,650Sqft
8,030Lot
Year Built
1948
Close
-
List price
$575K
Original List price
$600K
Price/Sqft
$348
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2509056
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

We found 3 Cons,5 Pros.

Welcome to these charming cottage style cabins just steps from Green Valley Lake. These adorable cabins were originally part of a lakeside lodge and are about 50 yards from the lake. The peaceful, mountain community is the perfect spot to vacation with a large group. Property features three separate cabins. The first cabin offers one bedroom and one bathroom featuring granite countertops in kitchen, stainless steel appliances, upgraded bathroom offering a shower/bathtub combo. Second cabin offers three bedrooms and one bathroom featuring a spacious living room with wood-burning fireplace, formal dining room, remodeled kitchen with granite countertops and stainless steel appliances, upgraded bathroom with tile step-in shower. Third cabin is a charming studio offering a stone gas fireplace in the living area, a small remodeled kitchen with granite countertops and an upgraded bathroom with shower/bathtub combo. All three cabins offer a deck out front perfect for enjoying a morning cup of coffee and all the decks run together for those wanting to utilize the entire complex. Property can hold about 6 cars in the driveway. One unit does offer a laundry closet for stackable washer and dryer. This is a great second home or amazing investment opportunity. The units are currently being run as very popular Airbnb listings with almost no downtime. The proximity to Big Bear ski resorts and Lake Arrowhead, make these units heavily desired rentals. Active pending cancellation of current escrow.

Nearby schools

4/10
Charles Hoffman Elementary School
Public,•K-5•2.7mi
/10
Rim Virtual
Public,•K-8•7.4mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•7.8mi
6/10
Rim Of The World Senior High School
Public,•9-12•7.5mi

Price History

Date
Event
Price
11/16/25
Price Change
$575,000-4.2%
09/15/25
Listing
$599,999
Condition Rating
Good
The property, built in 1948, consists of three cabins that have undergone significant renovations. The kitchens feature granite countertops and stainless steel appliances, with some showing modern white shaker cabinets and others more traditional light wood. Bathrooms are upgraded with tile surrounds and modern vanities. Flooring is primarily hardwood or tile, and lighting includes recessed cans and updated fixtures. While the property is older, the extensive remodels bring the interior conditions to a 'good' standard, making them move-in ready with no immediate renovation required. However, the age of the original structures (1948) means that underlying systems (plumbing, electrical, HVAC) may not be fully new or extensively updated within the last 5 years, preventing an 'excellent' rating. The presence of a wood-burning fireplace and stone gas fireplace adds to the charm but also points to older heating elements. Only one unit having laundry facilities is a minor drawback.
Pros & Cons

Pros

Exceptional Income Potential: The property is currently operating as highly popular Airbnb listings with almost no downtime, indicating strong rental demand and immediate revenue generation for investors.
Prime Lakeside Location: Situated just steps (approximately 50 yards) from Green Valley Lake, offering desirable access to recreational activities and significantly enhancing its appeal for vacation rentals.
Multi-Unit Configuration (Triplex): Comprising three separate, charming cabins, this property provides diversified rental income streams or flexible usage for large groups, maximizing its investment value.
Recent Interior Upgrades: Multiple units feature remodeled kitchens with granite countertops and stainless steel appliances, along with upgraded bathrooms, reducing immediate renovation needs for a new owner.
Proximity to Major Attractions: Its location near Big Bear ski resorts and Lake Arrowhead makes it a highly sought-after destination for vacationers year-round, ensuring consistent rental demand.

Cons

Age of Property: Built in 1948, the cabins are older, which could imply potential for higher maintenance costs or necessitate updates to foundational systems (e.g., plumbing, electrical) not explicitly mentioned as upgraded.
Limited Laundry Facilities: Only one of the three units offers a laundry closet for a stackable washer and dryer, which may be inconvenient for guests or long-term renters in the other two units.
Previous Escrow Cancellation: The 'Active pending cancellation of current escrow' status suggests a prior deal fell through, which might raise questions or concerns for prospective buyers regarding the property's condition or transaction history.

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