$40,000
●
Land -
Off Market
291 Hillside Road
Lake Arrowhead, CA 92352
Studio
0 Bath
$63,517
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Fast track to build on your Lake Arrowhead land. Just 1/2 mile from
Burnt Mill Beach and just a few more steps to the village. GET
THIS! KADTEC engineered building plans, soil study complete, survey
with markers. AWAC plans approved.Great mountain area inviting you
to a tranquil setting. The diligent work has been done and paid
for,NOW NEW BUYER CAN TAKE OVER. LAKE RIGHTS.
Unit Size
-
Days on Market
68 days
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
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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: 4 months ago (CRMLS #RW2201222)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Price Decreased |
$39,900
↓ $10K
(20.2%) | |
| Price Decreased | |||
| May 22, 2025 | Price Decreased |
$50,000
↓ $5K
(9.1%) | |
| Price Decreased | |||
| Dec 14, 2024 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $55,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
| | |||
|
Lake Rights lot on county plowed road giving the opportunity for a level entry build. This lot is close to the Lake Arrowhead village and in a desirable area. Build your dream home on this downslope lot offering a level entry build and on a county maintained road. Lot has survey and Topo on file and even has architectural plans if desired. Don't pass up this lake rights lot today, wether your plan is to build or just have lake rights.
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Property Highlights
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: Darryl Bush, KELLER WILLIAMS BBLA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2201222
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RW2201222
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