$6,294

closing credit¹

27981 Rainbow Dr Lake Arrowhead, CA 92352

$530,000
3 beds
1 full, 1 partial
1,184 sqft
0.2 acres
$448 / sqft
House

Property details

About 27981 Rainbow Dr

Arrowhead Woods Oasis with Full Lake Rights. Discover this stunning mountain compound in the heart of Lake Arrowhead, offering comfort and sunlit views from every room and a seamless blend of indoor and outdoor living. This beautiful property, thoughtfully updated in the last few years, provides a harmonious escape surrounded by towering pine trees and the tranquility of nature. The home comes fully furnished and ready for immediate enjoyment or as a turnkey short-term rental investment, complete with a successful STR permit. Every detail has been considered, from modern amenities to thoughtful inclusions such as a washer, dryer, Wi-Fi controlled central heat, electric fireplace, TV, dishware, brand new garbage disposal, newer refrigerator, plates, wall art, lighting, nightstands, patio table, chairs and even a barbecue. The driveway has been upgraded with added square footage for the winter months. For outdoor enthusiasts, the property also includes two kayaks for enjoying the pristine lake waters which can be entered at the nearby private Burnt Mill Beach Club adjacent to the famous Lake Arrowhead Brewing Co. The all-weather Trex wraparound decks are not only a standout feature but also practical, requiring no maintenance or repainting. These decks create perfect spaces for reading, meditating, or hosting outdoor dinner parties under the canopy of majestic pine trees. Inside, natural light floods every room, filling the home with warm, fresh, healing mountain air. The dining room table seats 6 and the kitchen opens onto a sitting deck, ideal for serene mornings or lively gatherings. The cozy family room includes a half bath downstairs and three inviting upstairs bedrooms, full bathroom, including a Primary Suite with a private deck designed for a future Jacuzzi, offering spaces to relax and recharge. The property's location, location, location is unmatched. Nestled in Arrowhead Woods, it includes coveted Lake Rights, granting access to the private beaches and lake activities like paddle board, boating and waterskiing. A short stroll leads you to Lake Arrowhead Village, filled with charming restaurants, supermarket, Tesla charging bays, live music, shopping, banking, post office and year-round activities. For adventure enthusiasts, Sky Park is just a mile away, and Snow Valley Ski Resort is a quick drive to the east. With a total of 5 lakes in the surrounding areas, you will always have activities and new places to discover. With its proximity to Hwy 173 and Hwy 18, this home ensures easy year-round access (and snow plowed main roads) and an effortless commute down the hill. Surrounded by hiking trails, enchanting trees, and the serene waters of Lake Arrowhead, this property is the ultimate haven for those seeking both connection to nature and the vibrancy of village life.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
Size1,184 sqft
Lot size0.1523 Acres
Year built1983
ParkingDriveway
MLS #24469427
FireplaceDecorative, Electric, Living Room
ViewTrees/Woods

Summary

  • MLS Number: 24469427
  • MLS Name: CRMLS
  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Robert Taylor

IDX 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: 1/23/2025, 8:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of back house at dusk

$530,000

27981 Rainbow Dr

$6,294

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 10, 2021
Home Sold
$333,000
Aug 10, 2021
Home Sold
$345,000

Tax history

YearAssessmentProperty Tax
2021$172,027$2,195
2020$170,264$2,142
2019$166,925$2,191
2018$163,652$2,157
2017$160,443$2,121

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

Charles Hoffman Elementary School

Public District PK-5

6.4 mi

2851 Running Springs Sch Rd

5

Valley of Enchantment Elementary School

Public District PK-5

6.5 mi

22836 Fir Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,500. Typical income of Lake Arrowhead, CA residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents 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/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • BasketballBasketball

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PaneraPanera
  • Jasons DeliJasons Deli

What do the neighbors drive?

  • LincolnLincoln
  • InfinitiInfiniti
  • AcuraAcura

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 27981 Rainbow Dr

This home is located at 27981 Rainbow Dr in Lake Arrowhead, CA and zip code 92352. This 1,184 square foot home, which was built in 1983, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $530,000.

In December 2024 more than 12 listings in Lake Arrowhead, CA were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 42 were sold below. The number of homes for sale in Lake Arrowhead, CA decreased by 4.4% between November and December 2024. In December 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $480,583.

From Rocket Homes Real Estate and based on county public records data.

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