
Lake Arrowhead, California 92352
This Turnkey Short-Term Rental Asset is a Strong Value Opportunity, listed at $339,000—positioned well below the $342,390 Fair Market Value by 1%. This valuation gap offers $3,390 in Instant Equity. With an Excellent Condition Rating, the home features new windows, an updated kitchen, and a spacious deck. Located near the Rim of the World School District, this property balances proven rental income with mountain lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 813 Poe Court Subject 2 bd · 2 ba · 840 sqft · $408 | $339,000* List Price | 2 | 2 | 840 | $408 | - |
A 535 Sunderland Court Sold 3 bd · 2 ba · 1,024 sqft · $328 · 0.5 mi | $336,000 | 3 | 2 | 1,024 | $328 | 0.5 mi |
B 583 W Victoria Court Sold 3 bd · 2 ba · 1,134 sqft · $375 · 0.3 mi | $425,000 | 3 | 2 | 1,134 | $375 | 0.3 mi |
C 681 Virginia Court Sold 3 bd · 3 ba · 1,158 sqft · $341 · 0.3 mi | $395,000 | 3 | 3 | 1,158 | $341 | 0.3 mi |
D 613 E Victoria Court Active 3 bd · 2 ba · 960 sqft · $395 · 0.3 mi | $379,000 List Price | 3 | 2 | 960 | $395 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1966, the property has been well-maintained and updated for use as a successful short-term rental. It features an updated kitchen and bathrooms, brand new windows throughout, a solid deck, and a clean, functional basement workshop area, making it completely move-in ready.
The property has a successful track record as an active short-term rental, offering a turnkey opportunity for investors seeking immediate income in a desirable vacation destination.
Significant updates, including new energy-efficient windows throughout and a remodeled kitchen and bathrooms, enhance the home's aesthetic appeal and operational efficiency.
Rare for mountain properties, this home features excellent off-street parking with a covered carport, plus a functional basement workshop and laundry area for added utility.
At just 840 square feet, the interior living space is quite compact, which may feel restrictive when accommodating guests in the loft and secondary bedroom.
Built in 1966, the property may require more frequent maintenance or future infrastructure updates compared to newer builds in the Lake Arrowhead area.
Enjoy comfortable living in this charming home, ideally situated on a quiet cul-de-sac with excellent off-street parking and a covered carport. The property has been a successful active short-term rental and offers strong appeal for homeowners and investors alike. Beautiful new windows throughout provide plenty of natural light and enhance the home’s comfort and efficiency. A spacious deck creates the perfect setting for relaxing outdoors, entertaining guests, or enjoying the peaceful surroundings. Inside, the welcoming living room features a wood-burning fireplace as its focal point and flows seamlessly into the dining area and updated kitchen. This level also includes a bedroom and an updated full bathroom. Upstairs, you’ll find a generously sized bedroom, an additional loft area currently used as a third bedroom, and a convenient half bathroom. The basement/build-up area provides valuable additional storage, a workshop, and a laundry area, offering plenty of space for projects, organization, and everyday convenience. Come up and enjoy the peaceful area, close to Lake Arrowhead Village. With its desirable location, thoughtful updates, flexible living space, and proven rental history, this home offers comfort, character, and excellent versatility.
No exterior & parking available.
Grades PK-5 • 2.5 mi
Grades K-5 • 6.1 mi
Grades K-5 • 6.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 2.0 | 3.0 |
| Square foot | 840 | 1,979.061 |
| Lot Size | 4,050 | 10,277.399 |
| Price | $339.0K | $643.6K |
| Price per sq ft | $404 | $338 |
| Built year | 1966 | 1978 |
| HOA | $0 | $614 |
| Days on market | 23 | 91 |
Oct 1, 2026
$339,000
Initial Listing
Oct 1, 2012
$135,000
Public Record