#IG25148820, Nancy Mellinger, Listing office: Century 21 Masters
#SW25149064·
Listing office: Option West Realty·
Listing agent: Karin Vantuchova·
Listing office phone: 951-775-0765
$448,900 List price
27941 Rainbow Dr Lake Arrowhead, CA 92352
3 beds
2 full
1,088 sqft
0.2 acres
$413 / sqft
House
Property details
About 27941 Rainbow Dr
PRICE ADJUSTED to $448,900 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 ALA-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!
Highlights
Home typeSingle Family Residence
HeatingCentral, Fireplace(s)
StatusActive
Size1,088 sqft
Lot size0.1607 Acres
Year built1969
ParkingConcrete, Driveway Up Slope From Street, On Site, Paved, Private, One Space
MLS #SW25149064
FireplaceLiving Room, Wood Burning
ViewHills, Mountain(s), Neighborhood, Panoramic, Trees/Woods
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Range, Gas Oven, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Dryer, Washer
- Flooring Type: Carpet, Tile
- Interior: 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)
- Fireplace: Living Room, Wood Burning
- Total Bedroom Count: 3
- Private Pool: No
- Parking: Concrete, Driveway Up Slope From Street, On Site, Paved, Private, One Space
- View: Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods
- Exterior: Lighting
- Architectural Style: Cottage, Patio Home
- Heating: Central, Fireplace(s)
- Cooling: None
- List Price: $448,900
- Price/SqFt: $412
- HOA Amount: $0
- Annual Tax Amount: $4,505
- Tax Year: 2024
- Lot: Paved, Rolling/Hilly
- Directions: Highway 173 to Rainbow Dr., or Hwy 189 to Cottage Grove, to Rainbow dr.
- Year Built: 1969
- Stories: 2
- Living Area: 1,088 SqFt
- Lot Size: 0.1607 Acres
- MLS Number: SW25149064
- MLS Name: CRMLS
- Office Name: Option West Realty
- Office Phone: (951) 775-0765
- Listing Agent: Karin Vantuchova
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 3:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 28, 2023 | Home Sold | $450,000 |
| Jun 30, 2021 | Home Sold | $375,000 |
| Dec 04, 2002 | Home Sold | $165,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $450,000 | $4,505 |
| 2023 | $390,150 | $4,505 |
| 2022 | $382,500 | $4,414 |
| 2021 | $278,773 | $3,336 |
| 2020 | $275,914 | $3,252 |
| 2019 | $270,504 | $3,262 |
| 2018 | $265,200 | $2,636 |
| 2017 | $205,910 | $2,590 |
History based on county public records data.
Nearby schools
4
Lake Arrowhead Elementary School
Public District PK-5
2.1 mi
•1300 Golden Rule Ln
5
Valley of Enchantment Elementary School
Public District PK-5
6.4 mi
•22836 Fir Ln
5
Charles Hoffman Elementary School
Public District PK-5
6.5 mi
•2851 Running Springs Sch Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,500. Most Lake Arrowhead, CA residents have annual incomes less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
40%
<35k
28%
35k-100k
31%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
12%
Single, with Kids
30%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Basketball
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Ross Dress For Less
Where do the neighbors go to eat?
Bob Evans
Panera
Jasons Deli
What do the neighbors drive?
Lincoln
Infiniti
Acura
What do the neighbors listen to?
News/Talk/Information
Adult Hits- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 27941 Rainbow Dr
The listing price of 27941 Rainbow Dr property is $448,900.
The property 27941 Rainbow Dr is a house located in Lake Arrowhead, California, 92352.
Active Listing: 27941 Rainbow Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 27941 Rainbow Dr are: Lake Arrowhead Elementary School (GreatSchools Rating 4/10), Valley of Enchantment Elementary School (GreatSchools Rating 5/10), Charles Hoffman Elementary School (GreatSchools Rating 5/10), Mary Putnam Henck Intermediate School (GreatSchools Rating 3/10), Serrano Middle School (GreatSchools Rating 3/10), Del Vallejo Leadership and STEAM Academy (GreatSchools Rating 2/10), Mountain High School (GreatSchools Rating 1/10), Rim of the World High School (GreatSchools Rating 7/10), Entrepreneur High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $4,505 (source: MLS/based on county public records data).
The last sale was on September 28, 2023 for $450,000 (source: MLS/tax record).
The property at 27941 Rainbow Dr has 3 bedrooms and 2 bathrooms.
The property 27941 Rainbow Dr is 1,088 SqFt (source: MLS/tax record).
The year of construction for 27941 Rainbow Dr is 1969.
This home is located at 27941 Rainbow Dr in Lake Arrowhead, CA and zip code 92352. This 1,088 square foot home, which was built in 1969, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $448,900.
In June 2025, from all listings sold in Lake Arrowhead, CA there were more than 11 sold above asking price, over 41 sold below and more than 10 were sold right at the asked price. The number of listings in Lake Arrowhead, CA increased by 10.3% between May and June 2025. In June 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $479,000.
From Rocket Homes Real Estate and based on county public records data.