27981 Rainbow Drive, Lake Arrowhead, California 92352, Lake Arrowhead, - bed, bath

home-pic
ACTIVE$485,000
27981 Rainbow Drive, Lake Arrowhead, California 92352
3Beds
2Baths
1,184Sqft
6,635Lot
Year Built
1983
Close
-
List price
$485K
Original List price
$530K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
24469427
Home ConditionGood
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

PRICE IMPROVEMENT! Motivated Seller! - Arrowhead Woods Oasis with Full Lake Rights. Discover this stunning mountain compound in the heart of Lake Arrowhead, offering sunlit views from every room and a seamless blend of indoor and outdoor living. This beautiful property, thoughtfully updated in the last few years, provides a harmonious escape surrounded by towering pine trees and the tranquility of nature. The home comes fully furnished and ready for immediate enjoyment or as a turnkey short-term rental investment, complete with a successful STR permit. Every detail has been considered, such as a washer, dryer, Wi-Fi controlled central heat, electric fireplace, TV, dishware, brand new garbage disposal, newer refrigerator, lighting, nightstands, patio table, chairs and even a barbecue. The driveway has been upgraded with added square footage for the winter months. For outdoor enthusiasts, the property also includes two kayaks for enjoying the pristine lake waters which can be entered at the nearby private Burnt Mill Beach Club adjacent to the famous Lake Arrowhead Brewing Co. The all-weather Trex wraparound decks are practical, requiring no maintenance or repainting. These decks create perfect spaces for reading, meditating, or hosting outdoor dinner parties under the canopy of majestic pine trees. Inside, natural light floods every room, filling the home with warm, fresh, healing mountain air. The dining room table seats 6 and the kitchen opens onto a sitting deck, ideal for serene mornings or lively gatherings. The cozy family room includes a half bath downstairs and three inviting upstairs bedrooms, full bathroom, including a Primary Suite with a private deck designed for a future Jacuzzi, offering spaces to relax and recharge. The property's location, location, location is unmatched. Nestled in Arrowhead Woods, it includes coveted Lake Rights, granting access to the private beaches and lake activities like paddle board, boating and waterskiing. A short stroll leads you to Lake Arrowhead Village, filled with charming restaurants, supermarket, Tesla charging bays, live music, shopping, banking, post office and year-round activities. For adventure enthusiasts, Sky Park is just a mile away, and Snow Valley Ski Resort is a quick drive to the east. With a total of 5 lakes in the surrounding areas, you will always have activities and new places to discover. With its proximity to Hwy 173 and Hwy 18, this home ensures easy year-round access (and snow plowed main roads) and an effortless commute down the hill. Surrounded by hiking trails, enchanting trees, and the serene waters of Lake Arrowhead, this property is the ultimate haven for those seeking both connection to nature and the vibrancy of village life.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-52.1mi
4/10
Charles Hoffman Elementary School
Public,K-56.4mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.4mi
/10
Rim Virtual
Public,K-80.8mi
5/10
Mary P. Henck Intermediate School
Public,6-81.7mi
6/10
Rim Of The World Senior High School
Public,9-121.3mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (218 Listings)
Beds33
50%
Baths23
37%
Square foot1,1841,977
9%
Lot Size6,6359,770
20%
Price$485K$670K
16%
Price per square foot$410$349
66%
Built year19831976
69%
HOA
Days on market335177
95%
Condition Rating
Good

The property, built in 1983, has been updated in recent years. The kitchen features stainless steel appliances and updated cabinets, while the bathrooms appear to be in good condition with modern fixtures. The listing mentions upgrades to the driveway and Trex decking. Overall, the property appears to be well-maintained and move-in ready, justifying a 'Good' condition score.
Pros & Cons

Pros

Lake Arrowhead Woods Location: Prime location within Arrowhead Woods, granting access to coveted Lake Rights and proximity to Lake Arrowhead Village.
Turnkey Short-Term Rental Potential: Property is fully furnished, has a successful STR permit, and is ready for immediate rental income.
Updated and Well-Maintained: Thoughtfully updated in recent years with features like upgraded driveway, Trex decks, and newer appliances.
Outdoor Living Spaces: Wraparound Trex decks provide ample space for outdoor dining, relaxation, and enjoying the surrounding nature.
Proximity to Amenities and Activities: Close to Lake Arrowhead Village, Sky Park, Snow Valley Ski Resort, hiking trails, and multiple lakes.

Cons

Limited Square Footage: The property has 1184 sqft, which might be small for some buyers.
Year Built: Built in 1983, some buyers may prefer newer construction or may anticipate potential updates needed in the future.
HOA Fees: HOA fees are associated with Arrowhead Woods and Lake Rights, which can impact the overall cost of ownership.

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