27596 N Bay Road, Lake Arrowhead, California 92352, Lake Arrowhead, - bed, bath

home-pic
ACTIVE$1,100,000
27596 N Bay Road, Lake Arrowhead, California 92352
4Beds
3Baths
2,602Sqft
15,730Lot
Year Built
1987
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25071587
Home ConditionGood
Features
Good View: Lake, Mountain(s), Neighborhood, Trees/Woods
Deck
ViewLake, Mountain(s), Neighborhood, Trees/Woods

About this home

LAKE VIEW with opportunities for multiple investments. Located in beautiful Lake Arrowhead, with LAKE RIGHTS, this pride of ownership 4 bedroom 3 bathroom home has it all! Lake view, WHOLE HOUSE GENERATOR, attached oversized 2 car garage, Mother-in-law quarters with its own separate entrance, seasonal stream, fenced in play yard, lighted gazebo, and fully landscaped yard with fruit trees and rose bushes. Walk in to the main level with half bath, laundry, living room, kitchen overlooking the dining area, and lower back deck. The kitchen offers tons of storage with cupboards and a walk-in pantry. Entertain guests or have a meal with the family in the large dining area including a buffet table and bay window overlooking the play yard, with easy access to the back deck for possible BBQ events. The living room provides ample space for gathering around a cozy fire, enjoying a movie on the mounted TV, or reading a good book in the bay window facing the lake. The second floor contains 3 bedrooms, one with its own private deck, full bath, and separate entrance to the Mother-in-law quarters on the upper level! There you will find a kitchenette, bedroom with walk-in closet space and en-suite bath, plus the bonus room with wood burning stove and private deck with lake view! From here you can enjoy the Fourth of July fireworks and The Village concerts without leaving the comfort of your own home! To top it all off, the beautifully landscaped yard is gated by wrought-iron fencing and contains a custom built play yard and gazebo! Amazing curb appeal in all four seasons, with easy access on one of the FIRST PLOWED roads, tons of sun, and beautiful exterior lighting to showcase the home at night! Not to mention the home has been repainted inside and out, new exterior doors and slider installed in 2024, a Generac whole house generator and permitted back decks installed in 2023, roof and hot water heater replaced in 2022, and don’t forget the new electrical box with 220 volt wiring outside of the garage for RV or EV charging! Move in full time, rent out the upper level, use as a vacation home or short term rental, or take over the current daycare business for immediate income! *Buyer to do their own due diligence on obtaining permits for Short term rental and daycare business.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.3mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.1mi
4/10
Charles Hoffman Elementary School
Public,K-57.7mi
5/10
Mary P. Henck Intermediate School
Public,6-80.7mi
/10
Rim Virtual
Public,K-81.6mi
6/10
Rim Of The World Senior High School
Public,9-122.7mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (218 Listings)
Beds43
55%
Baths33
50%
Square foot2,6021,998
73%
Lot Size15,7309,850
92%
Price$1.1M$675K
80%
Price per square foot$423$349
69%
Built year19871976
73%
HOA
Days on market218178
72%
Condition Rating
Good

The property was built in 1987, but has had several updates in recent years including new exterior doors and slider installed in 2024, a Generac whole house generator and permitted back decks installed in 2023, roof and hot water heater replaced in 2022, and new electrical box with 220 volt wiring outside of the garage for RV or EV charging. The kitchen and bathrooms appear to be in good condition, though not recently renovated. The appliances in the kitchen appear to be newer. Overall, the property is move-in ready and well-maintained.
Pros & Cons

Pros

Lake View: The property boasts a desirable lake view, enhancing its appeal and potential resale value.
Mother-in-law Quarters: The presence of a separate mother-in-law quarters with a kitchenette, bedroom, and bath offers flexibility for multi-generational living or rental income.
Whole House Generator: The inclusion of a whole-house generator provides peace of mind and convenience during power outages.
Recent Upgrades: Recent upgrades such as new exterior doors, slider, permitted back decks, roof, and hot water heater enhance the property's value and reduce immediate maintenance concerns.
Income Potential: The property offers multiple income streams through short-term rentals, daycare business (subject to permits), or long-term rental of the mother-in-law quarters.

Cons

STR Permit Contingency: The viability of short-term rentals is contingent on obtaining necessary permits, which may not be guaranteed.
Daycare Permit Contingency: The continuation of the daycare business is contingent on obtaining necessary permits, which may not be guaranteed.
HOA Fees: HOA fees may impact the overall cost of ownership and should be considered.

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