243 Manzanita Dr, Lake Arrowhead, CA 92352

Dreamy Lake Arrowhead Property with Income Potential & Vintage Charm. Welcome to your perfect mountain escape in one of the most sought-after Palisades locations—just a short stroll to beautiful Lake Arrowhead! This corner-lot gem is a rare find, offering two separate living spaces ideal for multi-gen living, renting, or just spreading out in style.The main home is a beautifully updated 3 bed / 2 bath 1926 charmer that blends original Lake Arrowhead character with today’s must-haves. Step past the lush landscaping and cozy front patio (complete with gas fire pit!) and into a warm, welcoming space anchored by a stunning original stone fireplace. The kitchen is a chef’s dream with a 36” Wolf dual-fuel range, quartz countertops, farmhouse sink, shaker-style cabinets, and a 200-bottle wine fridge—yes, please! Both bathrooms have been stylishly remodeled—think modern tile, sleek vanities, and walk-in showers. Upstairs, all three bedrooms offer a peaceful retreat, with the primary suite standing out thanks to its deep green accent wall and built-in cabinetry.Now let’s talk about the courtyard: a private, outdoor hangout space made for entertaining! Covered patio, custom fireplace, built-in grill with side burners...this space is ready for weekend BBQs or cozy fall nights.The separate 1 bed / 1 bath guest house (located above the oversized 2-car garage) is just as impressive—featuring its own full kitchen with a 30” Wolf range, quartz counters, farmhouse sink, plus a luxe bathroom with a soaking tub, custom cabinetry, and even a Robern mirror. Bonus: there’s a spacious mudroom and laundry area with custom built-ins. Extras you’ll love: mostly irrigated landscaping, a whole-home automatic generator, and dedicated boat/RV parking. Whether you're looking to host, rent, or retreat, this property checks every box with style and ease. You won’t find another like it!