Prime Palisades Location – Perfect for Multi-Generational Living and Investment. Located on a corner lot, this exceptional property offers a rare opportunity to combine luxury, comfort, and functionality. Within walking distance to Lake Arrowhead, this home provides the ideal setup for living and renting, with a primary three-bedroom, two-bathroom residence and a one-bedroom, one-bathroom guest house above an oversized two-car garage. Built in 1926 and meticulously remodeled, the primary home blends the charm of Lake Arrowhead with modern amenities. The inviting front patio leads to a fully landscaped yard, complete with a custom gas fire pit that’s perfect for year-round enjoyment. Inside, the living room is anchored by an original stone fireplace, creating a warm and welcoming mountain atmosphere. The kitchen is designed for culinary enthusiasts, featuring a 36” Wolf dual-fuel range, a 200-bottle wine refrigerator, quartz countertops, a farmhouse sink, and shaker-style cabinets. The home’s two bathrooms have been recently remodeled to meet the highest standards. The first bathroom boasts a walk-in shower, modern tile flooring, and a contemporary vanity. The primary suite, with its rich green accent wall and built-in cabinetry. The second bathroom showcases a custom vanity, vessel sink, and a walk-in shower. Centrally located between the two homes is a beautifully appointed courtyard with a covered patio, a custom outdoor fireplace, complete with a built-in gas grill and two side burners—ideal for entertaining. The ADU mirrors the primary residence in design and quality. It begins with a spacious mudroom and laundry area, featuring custom cabinetry for efficient storage. The kitchen is equipped with a 30” Wolf dual-fuel range, custom cabinetry, quartz countertops, and a farmhouse sink. The large bedroom offers ample space, while the bathroom features a Kohler soaking tub, custom cabinetry, a Robern mirror, and a private water closet. This property is designed for seamless operation and convenience, with features like fully irrigated landscaping, an automatic whole-home transfer generator, and designated boat/RV parking. Every detail has been thoughtfully executed, from the meticulous remodel to the well-planned layout, ensuring long-term durability and ease of maintenance. Whether you are looking for a multi-generational living space or an investment opportunity, this home offers the best of both worlds.