27941 Rainbow Drive
Lake Arrowhead, CA, 92352
$470,000
3 Beds
2 Baths
1,088 SqFt
0.16 Acres
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Welcome to your MOUNTAIN RETREAT with FULL LAKE RIGHTS, and a ACTIVE Airbnb LICENSE in the heart of beautiful Lake Arrowhead, with a UNBEATABLE LOCATION, just a SHORT Walk to Village Shops &#38' Restaurants, Brewery &#38' Lake Arrowhead Burnt Mill Beach Club. A RARE OPPORTUNITY AT THIS PRICE, WITH GREAT INCOME POTENTIAL. 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!

Property Details

Price:
$470,000
MLS #:
SW25149064
Status:
Active
Beds:
3
Baths:
2
Address:
27941 Rainbow Drive
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
City:
Lake Arrowhead
Listed Date:
Jul 5, 2025
State:
CA
Finished Sq Ft:
1,088
ZIP:
92352
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1969
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Schools

School District:
Rim of the World

Interior

Accessibility Features
None
Appliances
Dishwasher, Electric Range, Gas Oven, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
Cooling
None
Fireplace Features
Living Room, Wood Burning
Flooring
Carpet, Tile
Heating
Central, Fireplace(s)
Interior Features
Balcony, Beamed Ceilings, Furnished, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Data
Window Features
Blinds, Double Pane Windows, Screens

Exterior

Community Features
Biking, B L M/ National Forest, Dog Park, Fishing, Foothills, Hiking, Lake, Park, Watersports, Mountainous
Electric
Standard
Exterior Features
Lighting
Fencing
None
Foundation Details
Permanent, Slab
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Lot 6500-9999, Patio Home, Paved, Rolling Slope
Parking Features
Concrete, Paved, Driveway Up Slope From Street, On Site, Parking Space, Private
Parking Spots
2.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Hills, Mountain(s), Neighborhood, Panoramic, Trees/ Woods
Water Source
Public

Financial

Association Fee
0.00
Utilities
Cable Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Map

Community

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broker reciprocity Courtesy of Option West Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
27941 Rainbow Drive
Lake Arrowhead, CA