252 Crest Circle
About This Property
Set on a generously sized lot surrounded by mature trees, the property features a rare flat, fenced yard-ideal for gatherings, pets, or play-along with a private hot tub for year-round relaxation under the trees. The home's classic Lake Arrowhead design has been thoughtfully refreshed, blending timeless mountain character with modern comfort and elevated finishes.
Completely reimagined down to the studs, the 3-bedroom layout showcases upgrades throughout, including a standout oversized bedroom with four custom built-in bunk beds with USB ports-perfect for hosting groups or accommodating kids. The refreshed kitchen anchors the home with quartz countertops and beautiful finishes, well suited for entertaining or everyday living. The partially covered circular driveway comfortably accommodates arrivals to the nearly level entry.
Major improvements include Tesla solar, newer central A/C and heat, newer electrical and water lines, a tankless water heater, dual-pane windows, and abundant storage. Ideally located close to Lake Arrowhead Village, local restaurants, and seasonal events, with peaceful lake peeks throughout! This is a rare opportunity to own a fully renovated home with classic roots, while feeling completely fresh.
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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 |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Listed by Vista Sotheby's International Realty | $825,000 | |
| Listed by Vista Sotheby's International Realty | |||
| Jul 7, 2025 | Listed | $875,000 | |
| Listed | |||
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With full lake rights and just a five-minute walk to Lake Arrowhead Village, this fully renovated mountain retreat puts you at the heart of everything that makes Arrowhead special. Stripped to the studs and reimagined with high-end finishes throughout, the home blends modern comforts with timeless design. Designer flooring, custom lighting, and a true chef’s kitchen with quartz countertops and premium appliances elevate the interior. With three bedrooms, including a bunk room outfitted with built-in beds, USB ports, and thoughtful storage, it comfortably accommodates up to 10 guests. Ideal for entertaining or relaxing after a day on the water, two expansive decks offer partial lake views, outdoor dining space, and a private jacuzzi set among soaring evergreens on a tranquil quarter-acre lot. Additional upgrades include fully paid Tesla solar, brand-new central heat and air, a tankless water heater, upgraded plumbing and electrical, and dual-pane windows. This home is as energy-efficient as it is stylish. Whether you're boating, kayaking, or just soaking in the scenery, this property offers the best of mountain living and is already a successful short-term rental.
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| Jul 3, 2025 | Price Decreased |
$875,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017