4 Village 3, Lake Arrowhead, California 92352, Lake Arrowhead, - bed, bath

home-pic
ACTIVE$965,000
4 Village 3, Lake Arrowhead, California 92352
3Beds
3Baths
1,818Sqft
1,107Lot
Year Built
1983
Close
-
List price
$965K
Original List price
$965K
Price/Sqft
-
HOA
$654.5
Days on market
-
Sold On
-
MLS number
IG25068072
Home ConditionGood
Features
Excellent View: Lake
Deck
ViewLake

About this home

Premier Lakefront Condo in the Heart of Lake Arrowhead Village! Experience the best of Lake Arrowhead living in this freshly painted, stunning upper-floor lakefront condo, perfectly positioned in the vibrant heart of Lake Arrowhead Village. Enjoy unrivaled panoramic lake views and the ultimate vantage point for spectacular 4th of July fireworks right from your spacious deck. This beautifully designed 2-bedroom, 3-bathroom condo features a convenient open-concept layout, creating a bright and welcoming atmosphere ideal for both relaxing and entertaining. The main level boasts a refreshed, airy kitchen complete with newly painted cabinetry and updated stainless steel appliances, opening seamlessly into the large living area. Here you'll find two distinct seating spaces: one perfect for cozy TV viewing and another thoughtfully arranged around a captivating rock fireplace and breathtaking lake views. Originally designed with three bedrooms, this versatile floor plan currently offers an expansive dining area that can easily be converted back into a third bedroom, complete with its own private bathroom and serene lake views. Also on this level is a charming bedroom with a custom-built window bench and its own dedicated bath. The upper floor is dedicated exclusively to a luxurious primary suite, featuring endless lake vistas, ample room for a relaxing seating area, and a spacious en suite bath complete with a jetted tub, separate office loft space, and a generous walk-in closet. Recent updates include all new electrical plugs, ceiling lights, a smart thermostat to conveniently control both AC and heat, and an upgraded alarm system for added peace of mind. Currently operating as a successful short-term rental, this property provides excellent flexibility for personal use or investment opportunities. It is also one of the few HOAs in Lake Arrowhead that permit short-term rentals, making it a unique investment opportunity. Additionally, the condo complex is highly exclusive, with only four units in total. The private garage offers one reserved parking space for the owner, along with two guest parking spaces available on a first-come, first-serve basis. Most of the other units in the complex have part-time owners, providing additional parking availability. Additional conveniences include easy walkability to popular restaurants, boutique shopping, and entertainment options within the Village, and optional access to half a double dock available for separate purchase.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.6mi
4/10
Charles Hoffman Elementary School
Public,K-56.5mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.6mi
/10
Rim Virtual
Public,K-81.0mi
5/10
Mary P. Henck Intermediate School
Public,6-81.5mi
6/10
Rim Of The World Senior High School
Public,9-121.7mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (8 Listings)
Beds32
56%
Baths32
67%
Square foot1,8181,473
89%
Lot Size1,107868
56%
Price$965K$431K
56%
Price per square foot$531$282
56%
Built year19831982
56%
HOA$654.5$648
56%
Days on market222217
56%
Condition Rating
Good

The condo, built in 1983, shows well-maintained features and recent updates. The kitchen has newly painted cabinetry and updated stainless steel appliances. Bathrooms appear functional and clean. The presence of a smart thermostat and upgraded alarm system indicates attention to modern conveniences. While not fully renovated, the property is move-in ready and shows minimal wear and tear, justifying a 'good' condition score.
Pros & Cons

Pros

Prime Lakefront Location: Located in the heart of Lake Arrowhead Village, offering unparalleled lake views and convenient access to amenities.
Short-Term Rental Potential: One of the few HOAs in Lake Arrowhead that permits short-term rentals, providing excellent investment opportunities.
Updated Features: Includes a refreshed kitchen with stainless steel appliances, new electrical plugs, ceiling lights, a smart thermostat, and an upgraded alarm system.
Flexible Floor Plan: Originally designed with three bedrooms, the expansive dining area can easily be converted back into a third bedroom.
Exclusive Complex: The condo complex is highly exclusive, with only four units in total, offering a sense of privacy and community.

Cons

HOA Fees: The monthly association fee is $654.5, which may be a significant expense for some buyers.
Limited Parking: Only one reserved parking space for the owner, with two guest parking spaces available on a first-come, first-serve basis.
Year Built: Built in 1983, the property may require updates to meet modern standards and preferences.

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