158 B Lane, Lake Arrowhead, California 92352, Lake Arrowhead, - bed, bath

home-pic
ACTIVE$620,000
158 B Lane, Lake Arrowhead, California 92352
3Beds
2Baths
1,186Sqft
10,250Lot
Year Built
1931
Close
-
List price
$620K
Original List price
$695K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25090923
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

Timeless 1931 Lake Cottage – Furnished, Charming & Short-Term Rental Ready Step into storybook charm with this beautifully updated and fully furnished 1931 lake cottage, ideally located on a private, walkable street with rights to a private lake. Whether you're dreaming of a weekend retreat, full-time lake living, or a smart investment, this property checks every box—including excellent short-term rental potential. The main level features 2 bedrooms and 1 full bath, with durable vinyl plank flooring, a newly installed gas fireplace insert, and all the warmth and character of its era with modern comforts. The upgraded kitchen is a chef’s dream, complete with top of the line appliances, including a professional Thermador gas range, Sub-Zero refrigerator, and electric dishwasher. Enjoy the ease of level entry, inside laundry, all public utilities, and high-speed internet (fiber optic now available) remote controled water-shut drain/shut off vaulves and newer fireplace insert—making both everyday living and hosting effortless. The lower level includes a versatile bonus room, currently used as a third bedroom, and a second full bath—perfect for guests or additional rental space. Outside, you’ll find parking for 5+ vehicles or a boat, ideal for enjoying the lake lifestyle to the fullest. Stylishly furnished and decorated, this move-in-ready cottage offers timeless charm, modern comfort, and the flexibility to make it your own—whether as a personal haven or an income-generating getaway.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.6mi
4/10
Charles Hoffman Elementary School
Public,K-56.1mi
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,6-81.9mi
6/10
Rim Of The World Senior High School
Public,9-122.0mi

Price History

Date
Event
Price
10/21/25
Price Change
$620,000-6.6%
09/10/25
Price Change
$664,000-1.5%
08/07/25
Price Change
$674,000
04/25/25
Listing
$695,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (214 Listings)
Beds33
50%
Baths23
37%
Square foot1,1861,974
9%
Lot Size10,2509,770
56%
Price$620K$668K
41%
Price per square foot$523$349
85%
Built year19311976
3%
HOA$1,800
Days on market194178
57%
Condition Rating
Excellent

Despite being built in 1931, this property has undergone an extensive and high-quality renovation, bringing it to an 'excellent' condition. The description highlights a 'beautifully updated' and 'upgraded kitchen' featuring top-of-the-line appliances such as a professional Thermador gas range, Sub-Zero refrigerator, and electric dishwasher, which are all virtually new and meet current quality standards. The bathrooms are also thoroughly updated with modern subway tiling, vanities, and fixtures, appearing fresh and contemporary. The property boasts durable vinyl plank flooring throughout, a newly installed gas fireplace insert, and overall, shows no signs of deferred maintenance. The renovation is clearly recent and comprehensive, making the property feel like a new build in terms of its interior quality and features.
Pros & Cons

Pros

Prime Lake Location & Access: Ideally located on a private, walkable street with exclusive rights to a private lake, offering desirable lake lifestyle access.
Turnkey & Income Potential: Fully furnished and move-in ready, this property boasts excellent short-term rental potential, making it an attractive investment or second home.
Modernized Kitchen & Appliances: The upgraded kitchen features top-of-the-line appliances, including a professional Thermador gas range and Sub-Zero refrigerator, appealing to discerning buyers.
Historic Charm with Modern Comforts: Retains the timeless charm of a 1931 lake cottage while incorporating modern updates like durable vinyl plank flooring, a new gas fireplace insert, and fiber optic internet.
Practical Amenities & Versatility: Offers convenient level entry, inside laundry, all public utilities, remote-controlled water shut-off, ample parking for 5+ vehicles/boat, and a versatile bonus room.

Cons

Significant Price Reductions & Valuation Discrepancy: The property has undergone multiple price reductions from $695,000 to $620,000, and the current list price remains notably higher than the estimated market value of $576,582.05, suggesting potential overpricing or market resistance.
Older Construction: Built in 1931, despite updates, the underlying structure's age could imply potential for unforeseen maintenance issues or specific insurance considerations not explicitly addressed.
Limited Interior Space: With 1186 square feet for 3 bedrooms and 2 bathrooms, the interior living space may be considered compact for some buyers seeking more expansive accommodations.

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