PRICE ADJUSTED to $448,900 to reflect the SELLLER'S MOTIVATION and the EXCELLENT OPPORTUNITY, this home presents WITH GREAT INCOME POTENTIAL. Welcome to your MOUNTAIN RETREAT with FULL LAKE RIGHTS, and an ACTIVE Airbnb LICENSE in the heart of beautiful Lake Arrowhead, with a UNBEATABLE LOCATION, just a SHORT Walk to Village Shops & Restaurants, Brewery & Lake Arrowhead Burnt Mill Beach Club. This charming and thoughtfully upgraded home offers 1,088 sq. ft. of cozy living space, situated on a 7,000 sq. ft. lot, surrounded by towering pines and crisp alpine air. Whether you’re looking for a Full-time Residence, Vacation Home, or INCOME-PRODUCING short-term rental, this property is OFFERED FULLY FURNISHED (with exclusions) and ready to enjoy from day one.
With THREE BEDROOMS and TWO FULL BATHROOMS, this home offers both comfort and flexibility.
The light-filled interior features NEWLY INSTALLED CARPET upstairs, FRESH INTERIOR PAINT, and NEW DUAL-PANE WINDOWS throughout, bringing in natural light while enhancing energy efficiency and comfort year-round.
The spacious living area is anchored by a WOOD-BURNING FIREPLACE, perfect for those cozy winter evenings in the mountains.
The recently UPDATED KITCHEN is both functional and stylish, with NEW STAINLESS STEEL APPLIANCES (stove and refrigerator), FRESHLY PAINTED CABINETRY, and NEW STONE TILE FLOORING, making it the ideal space for mountain meals and morning coffee.
Both BATHROOMS have been TASTEFULLY REMODELED approximately two years ago, offering a clean and refreshed feel.
Additional features include a TANKLESS WATER HEATER, CEILING FANS in the upstairs bedrooms (installed just two years ago), and a TREX-STYLE COMPOSITE DECK installed approximately 2.5 years ago, perfect for entertaining or relaxing with tree-top views.
Best of all, with FULL LAKE RIGHTS! ENJOY EXCLUSIVE ACCESS to Lake Arrowhead for SWIMMING, KAYAKING, PADDLEBOARDING and BOATING, access to PRIVATE BEACH CLUBS, trails, and all ALA-MAINTAINED AMENITIES a major lifestyle advantage and a HUGE SELLING POINT for VACATIONERS and full-time residents alike.
Located on one of Lake Arrowhead’s most picturesque streets, and close to everything this beloved alpine community offers, this is your opportunity to own a piece of the mountain lifestyle. Whether you’re looking for adventure, tranquility, or a smart investment opportunity, this home is ready to deliver it all. Don’t miss your chance to make it yours—schedule your private showing today!
For sale
Listing Provided by:
Karin Vantuchova DRE #01919715 951-775-0765,
Option West Realty
Price cut: $21.1K (7/14)
$448,900
27941 Rainbow Dr, Lake Arrowhead, CA 92352
3beds
1,088sqft
Est.:
Single Family Residence
Built in 1969
7,000 Square Feet Lot
$437,100 Zestimate®
$413/sqft
$-- HOA
What's special
Wood-burning fireplaceSurrounded by towering pinesRecently updated kitchenFresh interior paintNew stainless steel appliancesCozy living spaceFreshly painted cabinetry
- 44 days
- on Zillow |
- 754 |
- 47 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 16, 2025 at 05:42am
Listing Provided by:
Karin Vantuchova DRE #01919715 951-775-0765,
Option West Realty
Source: CRMLS,MLS#: SW25149064
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Kitchen, Living Room, Other, Dining Room
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: Multi-Level Bedroom
Bathroom
- Features: Bathroom Exhaust Fan, Remodeled, Tub Shower, Upgraded
Kitchen
- Features: Kitchen/Family Room Combo, Remodeled, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central, Fireplace(s)
Cooling
- None
Appliances
- Included: Dishwasher, Electric Range, Gas Oven, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Beamed Ceilings, Balcony, Separate/Formal Dining Room, Furnished, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Data, Bedroom on Main Level, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: Sliding Doors
- Windows: Blinds, Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,088 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway Up Slope From Street, On Site, Paved, Private, One Space
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Front Door
- Patio & porch: Rear Porch, Deck, Front Porch, Porch, Rooftop, Wood
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods
Lot
- Size: 7,000 Square Feet
- Features: 0-1 Unit/Acre, Paved, Rolling Slope
Details
- Additional parcels included: 0335132200000
- Parcel number: 0335132200000
- Zoning: LA/RM
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Patio Home
- Property subtype: Single Family Residence
Materials
- Foundation: Permanent, Slab
- Roof: Composition
Condition
- Turnkey
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Dog Park, Foothills, Fishing, Hiking, Lake, Mountainous, Near National Forest, Park, Water Sports
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Lake Arrowhead
Financial & listing details
- Price per square foot: $413/sqft
- Tax assessed value: $450,000
- Annual tax amount: $5,097
- Date on market: 7/7/2025
- Listing terms: Cash,Cash to Existing Loan,Submit
- Inclusions: All the remaining Furniture
- Exclusions: TVs, Downstairs bedroom Bed
- Road surface type: Paved
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