42
Map
$645,000
●
House -
Off Market
230 Hemlock Drive
Lake Arrowhead, CA 92352
4 Beds
3 Baths
2,412 Ft²
$3,187
Est. Monthly
About This Property
Pride of ownership in the Palisades on a near level lot. Arrive to
your home located in the coveted Palisades with 3 parking spots,
and about as level as it can get in the mountains. This property
has a large fenced back yard, newer composite deck and back up
whole house Generac generator. The main floor has both a living
room and family room, an updated kitchen with soapstone counter
tops, porcelain farm house sink, stainless steel viking appliances,
bar-top counter seating and a door to the back deck which also
takes you to the laundry room. There is also a large dining area,
and 3/4 bathroom. The main living room boast lots of windows to
allow the natural light to flood in, stone fireplace, and sliders
that take you outside. Upstairs is the 4 large bedrooms, and 2
baths, and a sitting area with balcony. The homes exterior was just
freshly painted, and a new water heater was installed in 2026. You
are minutes from the lake, lake trails and beaches, and even close
to the Cedar Glen shops and restaurants. Home comes mostly
furnished and is located within the lake rights territory. This is
a must see to appreciate.
Unit Size
2,412 Ft²
Days on Market
131 days
Land Size
0.11 acres
Price per sqft
$269
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (CRMLS #IG26072622)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$729,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Michelle Calkins, COLDWELL BANKER SKY RIDGE REALTY
Last Updated: 3 months ago
Data Source: CRMLS, MLS# IG26072622
Last Updated: 3 months ago
Data Source: CRMLS, MLS# IG26072622
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. 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. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017