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27721 Caribou Drive, Lake Arrowhead, CA 92352

$899K3bd · 3ba · 2,704 sqft
Lot 9,860 sqft•Single Family Residence•
Active
•41d on market•MLS# IG-26178697

Property Description

REMARKABLE LAKE VIEW PROPERTY. REMARKABLE VALUE. Unobstructed lake views, turnkey condition, A-frame/prow mountain motif, lake rights, proven 5-star vacation rental history, and priced well below recent comparable sales. This beautifully updated mountain retreat offers 2,704 square feet, 3 bedrooms, 3 baths, multiple entertaining decks, central air conditioning, and a flexible main level game room that could easily become a fourth bedroom. Experience mountain relaxation in this "cabin feel," near level entry home with nearly 1,500 SF of lake view deck space to enjoy invigorating sunrises, dreamy sunsets, and star gazing while cooking smores over the firepit. Be sure to also enjoy the game room with a two in one game table with billiards, and table tennis—and don’t forget the relaxing Jacuzzi spa! THIS IS IT: Your Dream Mountain Escape! Arrive to a tree-covered, paved driveway and head inside. The kitchen features hickory cabinets, recently updated stainless steel appliances, and a new LG refrigerator ... a great place for those family gatherings. Relax in the spacious A-frame/prow great room, with terrific endless lake and mountain views, and enjoy a cozy fire in your Regency airtight wood burning stove. Downstairs, the large primary bedroom offers breathtaking views, deck and spa access, a gas insert fireplace for easy fires late at night, and plenty of built-in dresser space, along with a spacious walk-in closet. The primary bath boasts dual sinks, a separate walk-in shower and jetted tub, as well as heated floor tiles and a heated towel rack! The additional two large bedrooms upstairs offer more lake views and quiet sitting areas for your family and guests. All three bathrooms have charming, designer touches including mountain themed backsplashes and painted sinks. Be comfortable year-round with central heat and air conditioning. The home also has a laundry/work room, and a concrete and insulated basement for plentiful storage. This home is a successful, high demand STR - producing a strong income flow - with all 5 star guest reviews and a highly rated AirBnB host. The home comes furnished as is. Pride of ownership is evident throughout the house, as demonstrated by a recent strong home inspection report. This turnkey, unobstructed lake view house at this price point is a very rare find on the mountain. Come see this gem now, and start enjoying your dream lake lifestyle!

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Lake, Mountain(s), Panoramic, Trees/Woods
Flooring
Vinyl, Carpet
Roof
Composition
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byRE/MAX LAKESIDE, Joseph Cady

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,545.83
Principal & Interest
Loan Amount
$719,200
Total Interest
$917,300
Total Payment Over 30 Years
$1,636,500
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

27721 Caribou Drive, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$899K
Residential Tier
Beds
3
Baths
3
Sqft
2,704
Lot
9,860 sqft
Year
1978
$/Sqft
$332
Pool: No✓
Spa: Yes✓
View: city✓

Listed 7.0% above the median closed sale of $840,000. Price per sqft ($332) is a 15% discount to closed comps ($390). Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $899K· $332/sqft
Total list price
Closed comps
vs closed median $840K
+$59K (+7.0%)
Active comps
vs active median $799K
+$100K (+12.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $432
−$100 (−23.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28992 Banff DrLake Arrowhead1980332,38411,600$241$574,00046580
692 Zurich DriveLake Arrowhead1988332,4639,680$324$799,00046579
197 Ca-173Lake Arrowhead1957432,3126,230$541$1.25M4577
28971 North Shore RoadLake Arrowhead1963332,4029,900$728$1.75M14773
473 Annandale DriveLake Arrowhead1997332,43410,024$327$795,00013073
Total: 5 · Average3.23.02,3999,486.8$432.2$1.03M250.4
Median2,402$799,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
653 Brentwood DriveLake Arrowhead197810/08/2026332,73810,160$1.25M$1.20M$4380.9612879
27921 West ShoreLake Arrowhead197708/12/2026432,38011,300$1.45M$1.75M$7351.2120974
27535 St Bernard LaneLake Arrowhead197909/11/2026432,8349,000$785,000$760,000$2680.972074
888 TalismanLake Arrowhead197708/04/2026433,0129,600$850,000$840,000$2790.993374
615 San BenitoLake Arrowhead199109/04/2026332,4877,800$637,500$570,000$2290.899673
Total: 5 · Average3.63.02,690.29,572$1.02M$1.02M$389.8—97.2
Median2,738$840,000$840,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.