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27844 Greenway Drive
About This Property
Sited beneath a canopy of mature Pines, Cedars, and Dogwoods, this beautifully preserved 1928 lakefront cottage blends timeless character with thoughtful updates-offering the ultimate year-round retreat for family and friends. Ideally located in a sought-after historic neighborhood, you're just a short stroll from your own private ½ double dock, the water's edge, and beloved local amenities. The home's inviting exterior features classic wood shingle siding and split granite accents, setting the stage for the warmth and charm found inside. Step into the spacious great room, where vaulted beamed ceilings, a striking red-rock fireplace, and panoramic French doors create a cozy yet expansive living area filled with natural light. These doors open to a stunning stone patio, where a seasonal creek meanders by-perfect for enjoying tranquil mornings or lively gatherings. The open layout seamlessly connects the updated kitchen, main living area, and serene outdoor spaces, making entertaining effortless. A cozy bunkroom with an adjacent bathroom and a separate workshop complete the main level. Up a small staircase is a peaceful bedroom with a charming bay window, along with a full bath. The upper level also offers two additional bedrooms-one a bright guest retreat with vaulted ceilings and skylights, the other an oversized primary suite tucked among the treetops. A fully remodeled bath and a flexible bonus room (ideal as an office, nursery, or den) complete the upper floor. This rare lakefront property features level pathways that lead to your private dock with a metal canopy, sitting area, and beach-just across from the iconic Lone Pine Island. In the opposite direction, the trail quickly leads to Burnt Mill Beach Club, a popular local brewery, and nearby resort. Additional highlights include a whole-house Generac generator, central air conditioning, a well-appointed single-car garage, and parking for 4+ vehicles. A true four-season getaway, this property is a rare opportunity to own a piece of lakefront paradise-blending historic charm with modern comfort in one of the mountain's most cherished settings.
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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%.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Relisted | $2,195,000 | |
| Relisted | |||
| Jul 26, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Listed by Vista Sotheby's International Realty | $2,195,000 | |
| Listed by Vista Sotheby's International Realty | |||
| May 13, 2025 | Listed | $2,250,000 | |
| Listed | |||
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CHARMING 1928 LAKEFRONT GEM - Discover the perfect blend of historic charm and modern comfort in this tastefully updated 1928 lakefront home. Tucked among majestic pines and blooming dogwoods, this serene retreat offers a picturesque, storybook setting just steps from the water.
Inside, the open-concept Great Room seamlessly connects the living, dining, and kitchen spaces, all anchored by a stunning rock fireplace—ideal for both relaxing and entertaining. Upgrades include additional room upstairs/office, central air, GENERAC generator, dual-pane windows, rich wood flooring, renovated bathrooms and a stylish kitchen that complements the home’s vintage appeal.
Enjoy effortless indoor-outdoor living with a spacious patio surrounded by nature, perfect for quiet mornings or evening gatherings. This rare property also offers near-level entry, a garage, and flat parking—making year-round access easy.
Just a no-stairs stroll away is your ½ double dock with metal canopy and composite party platform, ready for endless fun on the lake. The home is sold furnished per inventory and move-in ready.
Ideally located within walking distance to both Lake Arrowhead Village and Blue Jay Village—as well as the Lake Arrowhead Beach Club—you’ll have shops, dining, and recreation at your fingertips. Swim out to Lone Pine Island, hike the lakeshore, or simply unwind in your peaceful hideaway.
Featuring 4 bedrooms, 2.5 bathrooms, this home is perfect as a full-time residence, weekend escape, or an exceptional vacation rental investment.
Don’t miss your chance to own a piece of Lake Arrowhead’s finest lakefront living!
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| Oct 21, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017