47
Map
$535,000
●
House -
Off Market
305 Summit Road
Lake Arrowhead, CA 92352
3 Beds
2 Baths
1,389 Ft²
$2,824
Est. Monthly
About This Property
Bright, cheerful, and beautifully convenient - this lake rights
home offers year-round enjoyment with easy access and level parking
plus a garage. The inviting living room features a stunning river
rock gas fireplace and brand-new French doors that open to a sunlit
deck perfect for relaxing summer evenings or taking in the
tree-lined views. Inside, the kitchen impresses with warm wood
cabinetry, quartz countertops, a new sink, a roomy pantry, and a
built-in desk area. Two of the three lower level bedrooms open to
newly replaced decks, creating perfect spots for quiet morning
coffee or evening stargazing. Both spacious bathrooms showcase
fresh hexagon tile floors, adding modern style. The home sits in a
peaceful loop neighborhood with a nicely fenced yard ideal for pets
and outdoor living. Just a quick 5 minute drive brings you to Lake
Arrowhead Village for shopping, dining, and lakeside fun, while
Blue Jay's two grocery stores, library and restaurants are equally
close. A move-in-ready retreat with all the comforts of mountain
living.
Unit Size
1,389 Ft²
Days on Market
204 days
Land Size
0.17 acres
Price per sqft
$414
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997
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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: 3 months ago (CRMLS #IG26006829)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Apr 4, 2026 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by Real Broker | $600,000 | |
| Listed by Real Broker | |||
| Apr 24, 2025 | Relisted | $612,000 | |
| Relisted | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
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Listed by: Paul Marmorstein, Real Broker
Last Updated: 3 months ago
Data Source: CRMLS, MLS# IG26006829
Last Updated: 3 months ago
Data Source: CRMLS, MLS# IG26006829
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