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385 Birchwood
About This Property
Remodeled in 2021 with a new kitchen, bathrooms, flooring, decks, HVAC and more, this 3-bedroom, 2-bath A-frame feels fresh without losing its mountain character. Central A/C keeps Summer easy, while the generous lot offers room to spread out, entertain, garden, or just sit under the trees and disappear for a while.
Down below, a large unfinished buildup adds laundry, storage and the kind of practical space every mountain house needs.
The property includes Lake Arrowhead lake rights, boasts an established short-term rental history, and an active STR permit. Furnishings are negotiable, with the option to purchase it turnkey and keep it operating as an STR from day one.
Close to Blue Jay Village and the lake, but private enough to feel tucked away, this is an easy California cabin with good bones, useful land, and plenty of flexibility, a short drive from Los Angeles.
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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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Vista Sotheby's International Realty | $615,000 | |
| Listed by Vista Sotheby's International Realty | |||
| Dec 30, 2021 | No longer available | - | |
| No longer available | |||
| Dec 21, 2021 | Listed by Keller Williams Big Bear | $675,000 | |
| Listed by Keller Williams Big Bear | |||
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Nicely updated three bedroom A-frame tucked in the trees. Sold before print. The manager has listed the unit size as 1080 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 12, 2021 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017