Listed by: Angela Yap, RE/MAX LAKESIDE
$670,000
●
House -
Off Market
263 Golf Course Road
Lake Arrowhead, CA 92352
4 Beds
3 Baths
2,820 Ft²
$3,413
Est. Monthly
About This Property
Country Club Neighborhood
Located across from the entrance to Lake Arrowhead Country Club, this house offers lake rights, space and income potential. The gentle driveway from Golf Course Road leads to the house entrance as well as a detached 2-car garage. The house itself boasts a spacious downstairs family room with fireplace as well as 3 bedrooms and a laundry room on the entry level floor. Walk upstairs to the lofty living room with high ceilings that seamlessly connects to the kitchen and dining room for a lovely open floor plan. 4th bedroom upstairs. Outside, a wraparound deck is perfect for BBQs or other gatherings.
The exterior awaits a fresh coat of paint and cosmetic touch ups to your own liking while inside, enjoy wooden flooring throughout as well as an updated kitchen and renovated bathrooms.
Just a stroll away are the Country Club's pickleball courts, offering members access to tennis, golf, swimming and dining privileges. Nearby Grass Valley Park features a children's playground and fishing spots. Priced at $739,000, this Country Club neighborhood property is move-in ready and promises a lifestyle of comfort and recreation.
Located across from the entrance to Lake Arrowhead Country Club, this house offers lake rights, space and income potential. The gentle driveway from Golf Course Road leads to the house entrance as well as a detached 2-car garage. The house itself boasts a spacious downstairs family room with fireplace as well as 3 bedrooms and a laundry room on the entry level floor. Walk upstairs to the lofty living room with high ceilings that seamlessly connects to the kitchen and dining room for a lovely open floor plan. 4th bedroom upstairs. Outside, a wraparound deck is perfect for BBQs or other gatherings.
The exterior awaits a fresh coat of paint and cosmetic touch ups to your own liking while inside, enjoy wooden flooring throughout as well as an updated kitchen and renovated bathrooms.
Just a stroll away are the Country Club's pickleball courts, offering members access to tennis, golf, swimming and dining privileges. Nearby Grass Valley Park features a children's playground and fishing spots. Priced at $739,000, this Country Club neighborhood property is move-in ready and promises a lifestyle of comfort and recreation.
Unit Size
2,820 Ft²
Days on Market
212 days
Land Size
0.31 acres
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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: 2 years ago (CRMLS #RW24144463)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $695,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lake Arrowhead
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Listed by: Angela Yap, RE/MAX LAKESIDE
Last Updated: 2 years ago
Data Source: CRMLS, MLS# RW24144463
Last Updated: 2 years ago
Data Source: CRMLS, MLS# RW24144463
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