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Sold for $485,000
  • Listed by: Vietnam USA Holding Corp • Ruby Truong • Contact: 909-845-6789
    Bought with: Keller Williams Encino/Sherman Oaks
    $485,000

    27981 Rainbow Dr, Lake Arrowhead, CA 92352

    3beds
    1,184sqft
    Single Family Residence
    Built in 1983
    6,635 Square Feet Lot
    $482,500 Zestimate®
    $410/sqft
    $2,536 Estimated rent

    Home value

    $482,500

    $458,000 - $507,000

    $2,536/mo

    Zestimate® history
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    What's special

    This stunning property offers the perfect combination of mountain living and unique style, making it an ideal choice for both local residents and potential investors with lake rights APN. For those seeking a primary or secondary residence, the property's prime location just steps from the lake, beautifully remodeled interior, and serene outdoor surroundings make it an ideal retreat for families and groups looking for a relaxing mountain lifestyle. With easy access to local shopping, dining, and entertainment options, the property offers the perfect blend of city-style amenities and peaceful mountain living. For those interested in an investment property, the potentials make this property an attractive opportunity. The high quality finishes and fixtures, along with the convenience of a move-in ready home, beautifully landscaped grounds, and easy accessibility to local attractions and amenities make it a desirable choices seeking a comfortable and cozy retreat. This property is a rare find for anyone looking for the best of both worlds: a peaceful and unique mountain retreat, with easy access to local conveniences and a potential income opportunity. Lake Arrowhead area is known for its natural beauty, outdoor recreation, and charming alpine village. It's a great destination for families, couples, and outdoor enthusiasts. The location is ideal as it is close to FAMOUS attractions, including Lake Arrowhead Village, San Bernardino National Forest, Snow Valley Mountain Resort, Lake Gregory Regional Park, SkyPark at Santa's Village, and Rim of the World Scenic Byway.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ruby Truong DRE #02101412 909-845-6789,

    Vietnam USA Holding Corp

    Bought with:

    Tomik Dermagerdichian, DRE #01978947

    Keller Williams Encino/Sherman Oaks

    Source: CRMLS,MLS#: OC23072553MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Retreat
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Separate Shower, Tub Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Kitchenette
    Heating
    • Central, Fireplace(s)
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Oven, Microwave, Refrigerator, Range Hood, Dryer, Washer
    • Laundry: Laundry Closet, Stacked, Upper Level
    Features
    • Breakfast Bar, Balcony, Ceiling Fan(s), Eat-in Kitchen, Furnished, Multiple Staircases, Open Floorplan, Stair Climber, All Bedrooms Up
    • Flooring: Vinyl
    • Doors: Panel Doors, Sliding Doors
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,184 sqft

    Property

    Parking
    • Parking features: Driveway, On Site, Private
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Level w/ Steps
    • Patio & porch: Patio, Porch, Wood
    • Pool features: None
    • Has spa: Yes
    • Spa features: Private
    • Has view: Yes
    • View description: Neighborhood, Trees/Woods
    Lot
    • Size: 6,635 Square Feet
    • Features: 0-1 Unit/Acre, Trees
    Details
    • Parcel number: 0335132240000
    • Zoning: LA/RM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: See Remarks
    • Property subtype: Single Family Residence
    Materials
    • Foundation: See Remarks
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, See Remarks, Water Available

    Community & HOA

    Community
    • Features: Hiking, Lake, Rural
    • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Lake Arrowhead

    Financial & listing details

    • Price per square foot: $410/sqft
    • Tax assessed value: $494,700
    • Annual tax amount: $5,451
    • Date on market: 5/3/2023
    • Cumulative days on market: 63 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA
    • Inclusions: Washer, Dryers, Refrigerator, Stove, Range, Furniture will be negotiated
    • Exclusions: Personal belongings

    Price history

    DateEventPrice
    6/25/2026Listing removed$2,550$2/sqft
    Source: CRMLS #CV26056283 Report a problem
    5/24/2026Price change$2,550-5.6%$2/sqft
    Source: CRMLS #CV26056283 Report a problem
    3/14/2026Listed for rent$2,700$2/sqft
    Source: CRMLS #CV26056283 Report a problem
    1/21/2026Listing removed$460,000$389/sqft
    Source: CLAW #25568583 Report a problem
    7/23/2025Listed for sale$460,000-5.2%$389/sqft
    Source: CLAW #25568583 Report a problem
    7/23/2025Listing removed$485,000$410/sqft
    Source: CLAW #24-469427 Report a problem
    5/14/2025Price change$485,000-2.8%$410/sqft
    Source: CLAW #24-469427 Report a problem
    3/17/2025Price change$499,000-5.8%$421/sqft
    Source: CLAW #24-469427 Report a problem
    12/6/2024Listed for sale$530,000+9.3%$448/sqft
    Source: CLAW #24-469427 Report a problem
    8/9/2023Sold$485,000-2.8%$410/sqft
    Source: CRMLS #OC23072553 Report a problem
    7/6/2023Contingent$498,888$421/sqft
    Source: CRMLS #OC23072553 Report a problem
    5/20/2023Price change$498,888-7.4%$421/sqft
    Source: CRMLS #OC23072553 Report a problem
    5/3/2023Listed for sale$538,888-1.8%$455/sqft
    Source: CRMLS #OC23072553 Report a problem
    10/1/2022Listing removed--
    Source: RE/MAX International Report a problem
    7/31/2022Price change$549,000-8.3%$464/sqft
    Source: RE/MAX International #EV22139232 Report a problem
    7/13/2022Price change$599,000-7.7%$506/sqft
    Source: RE/MAX International #EV22139232 Report a problem
    6/26/2022Listed for sale$649,000+95.5%$548/sqft
    Source: RE/MAX International #EV22139232 Report a problem
    8/10/2021Sold$332,000-14.8%$280/sqft
    Source: Mountain Resort Communities AOR #RW2301216 Report a problem
    7/27/2021Pending sale$389,900$329/sqft
    Source: CRMLS #OC21146909 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,451 -0.2%$494,700 +2%
    2024$5,464 +33.3%$485,000 +37.8%
    2023$4,099 +84.6%$351,900 +100.6%
    2022$2,221 +1.1%$175,467 +2%
    2021$2,196 +0.1%$172,027 +1%
    2020$2,193 +2.4%$170,264 +2%
    2019$2,143 -2.2%$166,925 +2%
    2018$2,191 +1.6%$163,652 +2%
    2017$2,157 $160,443 +2%
    2016$2,157 +1.7%$157,297 +1.5%
    2015$2,121 +0.4%$154,935 +2%
    2014$2,112 $151,900 +0.5%
    2013-- $151,213 +2%
    2012-- $148,248 +2%
    2011-- $145,341 +0.8%
    2010-- $144,255 -0.2%
    2009-- $144,598 +2%
    2008-- $141,762 +2%
    2007-- $138,982 +2%
    2006-- $136,257 +2%
    2005-- $133,585 +2%
    2004-- $130,965 +1.9%
    2003-- $128,564 +2%
    2002-- $126,043 +2%
    2001-- $123,571 +2%
    2000-- $121,148
    Find assessor info on the county website

    Neighborhood: 92352

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake Arrowhead
    • High: Rim Of The World

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $482,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $482,500