Gorgeous Arrowhead Woods home with Lake Rights and beautiful seasonal lake views from October through April, when the trees reveal the sparkling waters of Lake Arrowhead. Ideally located directly across the street from the lake, this charming mountain retreat offers one of the closest locations possible to the water without being waterfront. Enjoy a scenic 10-minute walk along the lake trail to Lake Arrowhead Village, where you can experience summer concerts, Oktoberfest festivities, lakeside dining, shopping, and year-round entertainment.
This special property was once owned by the family of acclaimed actor Michael Douglas and offers front-row views of the spectacular Fourth of July fireworks right from the front porch.
The home features 5 bedrooms, including a desirable main-level primary suite, plus a fully finished attic bedroom that provides additional space for guests, family, or a cozy retreat. With 2 full bathrooms and timeless Lake Arrowhead charm throughout, the home blends classic mountain character with modern comfort.
Recent upgrades include all-new plumbing completed just a few years ago. The beautifully updated kitchen showcases quartz countertops, high-grade cabinetry, and an inviting layout perfect for entertaining. Dual-pane windows throughout the home provide energy efficiency and year-round comfort.
Outside, towering mature trees create exceptional curb appeal and a peaceful mountain atmosphere. Two spacious decks offer wonderful outdoor living areas, including a large side deck ideal for gatherings and a welcoming front deck perfect for relaxing and enjoying the lake view. Convenient parking accommodates up to four vehicles, and after dark, traffic along Highway 173 becomes minimal, adding to the serene setting.
Additional features include a whole-house generator for added peace of mind. Much of the furniture and TVs are included, making this a fantastic turnkey opportunity. Currently operating as a successful Airbnb with excellent reviews, this property offers both an incredible mountain getaway and a strong investment opportunity in one of Lake Arrowhead’s most desirable locations.
This special property was once owned by the family of acclaimed actor Michael Douglas and offers front-row views of the spectacular Fourth of July fireworks right from the front porch.
The home features 5 bedrooms, including a desirable main-level primary suite, plus a fully finished attic bedroom that provides additional space for guests, family, or a cozy retreat. With 2 full bathrooms and timeless Lake Arrowhead charm throughout, the home blends classic mountain character with modern comfort.
Recent upgrades include all-new plumbing completed just a few years ago. The beautifully updated kitchen showcases quartz countertops, high-grade cabinetry, and an inviting layout perfect for entertaining. Dual-pane windows throughout the home provide energy efficiency and year-round comfort.
Outside, towering mature trees create exceptional curb appeal and a peaceful mountain atmosphere. Two spacious decks offer wonderful outdoor living areas, including a large side deck ideal for gatherings and a welcoming front deck perfect for relaxing and enjoying the lake view. Convenient parking accommodates up to four vehicles, and after dark, traffic along Highway 173 becomes minimal, adding to the serene setting.
Additional features include a whole-house generator for added peace of mind. Much of the furniture and TVs are included, making this a fantastic turnkey opportunity. Currently operating as a successful Airbnb with excellent reviews, this property offers both an incredible mountain getaway and a strong investment opportunity in one of Lake Arrowhead’s most desirable locations.
Property Details
Price:
$1,150,000
MLS #:
IG26101263
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Arrowhead Woods AWHW
Neighborhood:
287aarrowheadwoods
Listed Date:
May 9, 2026
Finished Sq Ft:
1,952
Lot Size:
8,075 sqft / 0.19 acres (approx)
Year Built:
1954
See this Listing
Schools
School District:
Rim of the World
High School:
Rim Of The World
Interior
Appliances
Refrigerator, Electric Range, Electric Oven, Electric Cooktop
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Wood
Heating
Fireplace(s), Natural Gas, Central
Interior Features
Beamed Ceilings, Furnished, Open Floorplan
Laundry Features
Laundry Room
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Accessibility Features
None
Architectural Style
Cottage
Common Walls
No Common Walls
Community Features
Golf, Biking, Dog Park, Hiking, Fishing, BLM/National Forest, Lake, Park
Construction Materials
Frame
Fencing
Chain Link
Lot Features
0-1 Unit/Acre, Park Nearby, Gentle Sloping
Open Parking YN
1
Parking Features
Driveway
Patio And Porch Features
Front Porch, Rear Porch, Deck
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Spa Features
None
Stories
2
View
Trees/Woods, Lake
Waterfront Features
Lake Privileges, Marina in Community, Fishing in Community, Lake, Across the Road from Lake/Ocean
Window Features
Double Pane Windows
Financial
Map
Community
- Address189 St Hwy 173 Lake Arrowhead CA
- SubdivisionArrowhead Woods (AWHW)
- CityLake Arrowhead
- CountySan Bernardino
- Zip Code92352
Subdivisions in Lake Arrowhead
Market Summary
Current real estate data for Single Family in Lake Arrowhead as of Oct 25, 2026
455
Single Family Listed
119
Avg DOM
517
Avg $ / SqFt
$999,785
Avg List Price
Property Summary
- Located in the Arrowhead Woods (AWHW) subdivision, 189 St Hwy 173 Lake Arrowhead CA is a Single Family for sale in Lake Arrowhead, CA, 92352. It is listed for $1,150,000 and features 5 beds, 2 baths, and has approximately 1,952 square feet of living space, and was originally constructed in 1954. The current price per square foot is $589. The average price per square foot for Single Family listings in Lake Arrowhead is $517. The average listing price for Single Family in Lake Arrowhead is $999,785.
Similar Listings Nearby
189 St Hwy 173
Lake Arrowhead, CA


