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1284 Cortina
About This Property
Set on the "sunny side" of the lake, this unique property captures expansive long-range views that stretch beyond the pines and out toward the desert, creating a dramatic backdrop sunrise through sunset. Inside, classic wood-clad walls bring warmth and character to the living room, while four bedrooms, including two primary suites, offer generous space for family, guests, and relaxed mountain living. One of the primary suites continues the home's signature mountain aesthetic with its own rich wood-clad walls. The other, a spacious walk in closet and those views!
The attached two-car garage adds a level of everyday ease that is invaluable in the mountains, with protected parking, direct access, and practical year-round functionality. Beneath the home, a substantial unfinished bonus area offers excellent storage now and exciting potential for future expansion. Just below, a secondary driveway offers parking for guests or your boat.
An outdoor bathtub adds an unexpected, romantic touch, creating a private place to soak beneath the trees and stars. With lake rights and a location close to Tavern Bay Beach Club, this is a home that connects you to the best of Lake Arrowhead while still feeling private, peaceful, and distinctly its own.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2026 | Price Decreased |
$519,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by Vista Sotheby's International Realty | $529,000 | |
| Listed by Vista Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017