Back 27941 Rainbow Dr
Off Market

27941 Rainbow Dr

Lake Arrowhead CA 92352

3
2
2
1088 sq. ft.
7000 sq. ft.
Single-Family
Last sold for $454,900
Karin VantuchovaKarin Vantuchova, last sold this property on 19 November 2025 after 135 days on market.

Overview

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!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
1088 sq. ft. floor area
7000 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Lake Arrowhead over the last 12 months, the estimated median property value of 27941 Rainbow Dr is $588.6k.

Median value
$588.6k
Estimated value range
$4.28k - $2.9m
Median days on market
71
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lake Arrowhead. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 27941 Rainbow Dr

2025
Sold
$454,900
19 Nov 2025 by Karin Vantuchova, of Harcourts Elite
2023
Sold
$450,000
28 Sep 2023 by Elizabeth Welchman, of Core Real Estate Group
2021
Sold
$375,000
30 Jun 2021 by RICHARD TEACHOUT, of MOUNTAIN COUNTRY REALTY, INC.

Happy sellers in Lake Arrowhead

90%
90% of sellers in Lake Arrowhead reported that their sale price either exceeded or met their price expectations.

Lake Arrowhead stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Lake Arrowhead over the last 12 months.

Local market activity for 3 bedroom single-family properties in Lake Arrowhead

In the last 12 months, 193 three-bedroom single-family properties similar to 27941 Rainbow Dr, have been sold.

This represents a 9% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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