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Sold for $454,900
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    • Listed by: Option West Realty • Karin Vantuchova • Contact: 949-348-0888
    Bought with: Tower Agency
    $454,900

    27941 Rainbow Dr, Lake Arrowhead, CA 92352

    3beds
    1,088sqft
    Single Family Residence
    Built in 1969
    7,000 Square Feet Lot
    $450,900 Zestimate®
    $418/sqft
    $2,482 Estimated rent

    Home value

    $450,900

    $406,000 - $500,000

    $2,482/mo

    Zestimate® history
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    What's special

    Wood-burning fireplaceSurrounded by towering pinesRecently updated kitchenFresh interior paintNew stainless steel appliancesCozy living spaceFreshly painted cabinetry
    PRICE ADJUSTED to $438,900 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-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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Karin Vantuchova DRE #01919715 951-775-0765,

    Option West Realty

    Bought with:

    CHRISTINA GRAVES, DRE #02292542

    Tower Agency

    Source: CRMLS,MLS#: SW25149064MLS LogoOriginating MLS: California Regional MLS

    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: $418/sqft
    • Tax assessed value: $459,000
    • Annual tax amount: $5,085
    • Date on market: 7/7/2025
    • Cumulative days on market: 104 days
    • Listing terms: Cash,Cash to Existing Loan,Submit
    • Inclusions: All the remaining Furniture
    • Exclusions: TVs, Downstairs bedroom Bed
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/19/2025Sold$454,900+3.6%$418/sqft
    Source: CRMLS #SW25149064 Report a problem
    10/23/2025Pending sale$438,900$403/sqft
    Source: CRMLS #SW25149064 Report a problem
    10/13/2025Price change$438,900-2.2%$403/sqft
    Source: CRMLS #SW25149064 Report a problem
    7/14/2025Price change$448,900-4.5%$413/sqft
    Source: CRMLS #SW25149064 Report a problem
    7/7/2025Price change$470,000-1.9%$432/sqft
    Source: CRMLS #SW25149064 Report a problem
    6/21/2025Listing removed$2,300$2/sqft
    Source: Zillow Rentals Report a problem
    4/25/2025Listed for rent$2,300$2/sqft
    Source: Zillow Rentals Report a problem
    4/5/2025Listed for sale$479,000+6.4%$440/sqft
    Source: CRMLS #PW25074513 Report a problem
    9/28/2023Sold$450,000-7.2%$414/sqft
    Source: Public Record Report a problem
    9/23/2023Pending sale$485,000$446/sqft
    Source: CLAW #23-272203 Report a problem
    9/1/2023Price change$485,000-3%$446/sqft
    Source: CLAW #23-272203 Report a problem
    8/16/2023Price change$499,900-1.6%$459/sqft
    Source: CLAW #23-272203 Report a problem
    7/25/2023Price change$508,000-3.2%$467/sqft
    Source: CLAW #23-272203 Report a problem
    6/14/2023Price change$525,000-2.4%$483/sqft
    Source: CLAW #23-272203 Report a problem
    5/20/2023Listed for sale$538,000+43.5%$494/sqft
    Source: CLAW #23-272203 Report a problem
    6/30/2021Sold$375,000-5.1%$345/sqft
    Source: Public Record Report a problem
    6/2/2021Pending sale$395,000+25.4%$363/sqft
    Source: CRMLS #EV21105172 Report a problem
    8/1/2019Listing removed$315,000$290/sqft
    Source: MOUNTAIN COUNTRY REALTY INC. #EV19045765 Report a problem
    7/4/2019Price change$315,000-1.6%$290/sqft
    Source: Mountain Country Realty, Inc #2190197 Report a problem
    6/1/2019Price change$319,999-1.2%$294/sqft
    Source: Mountain Country Realty, Inc #2190197 Report a problem
    5/23/2019Price change$324,000-0.2%$298/sqft
    Source: Mountain Country Realty, Inc #2190197 Report a problem
    5/13/2019Price change$324,7500%$298/sqft
    Source: Mountain Country Realty, Inc #2190197 Report a problem
    5/1/2019Price change$324,9000%$299/sqft
    Source: Mountain Country Realty, Inc #2190197 Report a problem
    4/6/2019Price change$324,9990%$299/sqft
    Source: Mountain Country Realty, Inc #2190197 Report a problem
    3/1/2019Listed for sale$325,000+97%$299/sqft
    Source: Mountain Country Realty, Inc #2190197 Report a problem
    12/4/2002Sold$165,000$152/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,085 -0.2%$459,000 +2%
    2024$5,097 +13.1%$450,000 +15.3%
    2023$4,505 +2.1%$390,150 +2%
    2022$4,414 +32.3%$382,500 +37.2%
    2021$3,337 +0%$278,773 +1%
    2020$3,336 +2.5%$275,914 +2%
    2019$3,253 -0.3%$270,504 +2%
    2018$3,262 +23.7%$265,200 +28.8%
    2017$2,637 $205,910 +2%
    2016$2,637 +1.8%$201,873 +1.5%
    2015$2,591 -0.8%$198,841 +2%
    2014$2,612 $194,946 +0.5%
    2013-- $194,065 +2%
    2012-- $190,260 +2%
    2011-- $186,529 +0.8%
    2010-- $185,134 -0.2%
    2009-- $185,574 +2%
    2008-- $181,935 +2%
    2007-- $178,367 +2%
    2006-- $174,870 +2%
    2005-- $171,441 +2%
    2004-- $168,080 +1.9%
    2003-- $165,000 +21.4%
    2002-- $135,901 +2%
    2001-- $133,237 +2%
    2000-- $130,624
    Find assessor info on the county website

    Neighborhood: 92352

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    Estimated market value
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