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For sale
  • Listed by: Balboa Real Estate, Inc • Brooke Wheat • Contact: 909-234-3198
    Price cut: $5.7K (7/23)
    $259,000

    33064 Arrowbear Dr, Arrowbear Lake, CA 92382

    1beds
    518sqft
    : 
    $1,729/mo
    Get pre-qualified
    Single Family Residence
    Built in 1970
    6,613 Square Feet Lot
    $255,800 Zestimate®
    $500/sqft
    $-- HOA

    What's special

    INCREDIBLE INVESTMENT OPPORTUNITY – FULLY TURNKEY SHORT-TERM RENTAL. Stop looking for potential and start collecting cash flow. This beautifully renovated mountain escape in Arrowbear, CA, isn’t just a home; it’s a high-performing asset. Currently operating as a successful short-term rental, this property averages over $44,000 in annual revenue, offering an exceptional return in a high-demand vacation market. This property shows proven performance; Consistently net-positive year-over-year with earnings report available in the supplements. A seamless transition for any buyer; Sold fully furnished with all appliances, furniture and spa included. It even has Permit Advantage; Currently holding an active STR permit easily transferable to new owners. Additionally, its modern updates renovated with a contemporary design aesthetic help maximize appeal directly to renters. Step inside to a bright, open layout featuring stylish finishes and functional "cabin charm" that guests love. The private outdoor spa is the ultimate selling point for guests after a day of hiking or skiing. Whether you are looking for a high-performing investment or a personal retreat, this property checks every box. To ensure a seamless transition, the seller can provide a full contact list of their local team, including: A Professional Cleaning Crew, Dedicated Spa/Hot Tub Maintenance, Pest Control Services, Maintenance & Utilities Contacts. In addition, this property includes three lots. The house itself is on lot 29. Lots 27 and 28 makeup the backyard space. Giving the new owner the opportunity and potential to use each lot however they desire. Seller Note: This property is only being offered due to a professional relocation out of state. Don’t miss this rare chance to own a design-forward, income-generating mountain home in the heart of Arrowbear.
    121 days
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    272
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    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brooke Wheat DRE #02096062 909-234-3198,

    Balboa Real Estate, Inc

    Source: CRMLS,MLS#: OC26114383MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bedroom, Living Room
      Bedroom
      • Features: Bedroom on Main Level
      Kitchen
      • Features: Kitchen Island
      Heating
      • Fireplace(s)
      Cooling
      • None
      Appliances
      • Laundry: Washer Hookup, Gas Dryer Hookup
      Features
      • Bedroom on Main Level
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 518 sqft

      Property

      Parking
      • Total spaces: 2
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front Door
      • Pool features: None
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 6,613 Square Feet
      • Features: Back Yard
      Details
      • Additional structures: Shed(s)
      • Parcel number: 0327121790000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Hiking, Mountainous
      • Subdivision: Arrowbear (Awbr)
      Location
      • Region: Arrowbear Lake

      Financial & listing details

      • Price per square foot: $500/sqft
      • Tax assessed value: $235,620
      • Annual tax amount: $2,914
      • Date on market: 5/27/2026
      • Cumulative days on market: 121 days
      • Listing terms: Cash,Conventional,FHA,Submit,VA Loan
      • Inclusions: All furniture, Refrigerator, Oven, Microwave, Spa, Shed

        Estimated market value

        $255,800

        $243,000 - $269,000

        $1,215/mo

        Price history

        DateEventPrice
        7/23/2026Price change$259,000-2.2%$500/sqft
        Source: CRMLS #OC26114383 Report a problem
        7/10/2026Price change$264,7000%$511/sqft
        Source: CRMLS #OC26114383 Report a problem
        6/24/2026Price change$264,8000%$511/sqft
        Source: CRMLS #OC26114383 Report a problem
        5/27/2026Listed for sale$264,900+14.7%$511/sqft
        Source: CRMLS #OC26114383 Report a problem
        8/11/2023Sold$231,000+0.9%$446/sqft
        Source: CRMLS #EV23089091 Report a problem
        7/31/2023Pending sale$229,000$442/sqft
        Source: CRMLS #EV23089091 Report a problem
        7/18/2023Contingent$229,000$442/sqft
        Source: CRMLS #EV23089091 Report a problem
        6/20/2023Pending sale$229,000$442/sqft
        Source: CRMLS #EV23089091 Report a problem
        5/22/2023Listed for sale$229,000+169.4%$442/sqft
        Source: CRMLS #EV23089091 Report a problem
        3/18/2004Sold$85,000$164/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,914 -2.1%$235,620 +2%
        2024$2,975 +63.6%$231,000 +76.1%
        2023$1,818 +1.8%$131,193 +2%
        2022$1,787 +1%$128,620 +2%
        2021$1,769 +0%$126,098 +1%
        2020$1,769 +2.3%$124,805 +2%
        2019$1,728 +20.9%$122,358 +20.5%
        2018$1,430 +6%$101,500 +7.5%
        2017$1,349 $94,400 +5.9%
        2016$1,349 +5.9%$89,100 +6.1%
        2015$1,274 +4.2%$84,000 -24.6%
        2014$1,222 $111,344 +15.7%
        2012-- $96,217 +2%
        2011-- $94,330 +0.8%
        2010-- $93,625 -0.2%
        2009-- $93,847 +2%
        2008-- $92,007 +2%
        2007-- $90,203 +2%
        2006-- $88,434 +2%
        2005-- $86,700 +316.9%
        2004-- $20,796 +1.9%
        2003-- $20,415
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Arrowbear Lake

        Getting around

        27 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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