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27981 Rainbow Dr, Lake Arrowhead, CA 92352

List Price: $485,000On Market FlagOn market
Dec 5, 20241,184 sqft3 beds2 baths
Listed by: Robert Taylor
License #: 02134120
Phone #: 323-388-8033
Keller Williams Beverly Hills
Source:
CRMLS Logo
MLS #: 24469427

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,302

TurboHome Estimated Value

$485,900

$410 sqft

High Valuation
$510,195
$431/sqft
Normal Valuation
$485,900
$410/sqft
Low Valuation
$461,605
$390/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$410/sqft$485,900

Neighborhood

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Comparative Value

$315K

$390K

$485K

$510K

$525K

775 W Victoria Ct, Lake Arrowhead, CA 92352

Sale Price: $315,000

Selected Comparable

572 W Victoria Ct, Lake Arrowhead, CA 92352

Sale Price: $390,000

Selected Comparable

27981 Rainbow Dr, Lake Arrowhead, CA 92352

List Price: $485,000

Subject Property

538 W Victoria Ct, Lake Arrowhead, CA 92352

Sale Price: $485,000

Selected Comparable

575 E Victoria Ct, Lake Arrowhead, CA 92352

Sale Price: $510,000

Selected Comparable

687 Crest Estates Dr, Lake Arrowhead, CA 92352

Sale Price: $525,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
27981 Rainbow Dr, Lake Arrowhead, CA 92352

27981 Rainbow Dr, Lake Arrowhead, CA 92352

List: $485,000

Listed: 12/5/2024

Area:1,184 sqft
Price/sqft:$410
Beds:3
Baths:2
Year Built:
Lot Size:6,635

Comparable Properties

COMPARABLE
Choose comps
538 W Victoria Ct, Lake Arrowhead, CA 92352

538 W Victoria Ct, Lake Arrowhead, CA 92352

Sale: $485,000

3/11/20250.19 mi

Area:1,270 sqft
Price/sqft:$382
Beds:3
Baths:2
Year Built:
Weight:24.0%
572 W Victoria Ct, Lake Arrowhead, CA 92352

572 W Victoria Ct, Lake Arrowhead, CA 92352

Sale: $390,000

10/15/20240.22 mi

Area:1,112 sqft
Price/sqft:$351
Beds:3
Baths:1
Year Built:
Weight:20.5%
687 Crest Estates Dr, Lake Arrowhead, CA 92352

687 Crest Estates Dr, Lake Arrowhead, CA 92352

Sale: $525,000

1/17/20250.31 mi

Area:1,396 sqft
Price/sqft:$376
Beds:3
Baths:3
Year Built:
Weight:18.8%
575 E Victoria Ct, Lake Arrowhead, CA 92352

575 E Victoria Ct, Lake Arrowhead, CA 92352

Sale: $510,000

4/21/20250.31 mi

Area:1,008 sqft
Price/sqft:$506
Beds:2
Baths:2
Year Built:
Weight:18.5%
775 W Victoria Ct, Lake Arrowhead, CA 92352

775 W Victoria Ct, Lake Arrowhead, CA 92352

Sale: $315,000

11/26/20240.46 mi

Area:1,280 sqft
Price/sqft:$246
Beds:2
Baths:2
Year Built:
Weight:18.2%

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