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434 Klamath Drive
About This Property
Welcome to 434 Klamath Drive in Lake Arrowhead-where newer construction meets that cozy, pine-filled lifestyle everyone is chasing... but rarely finds done this well.
Built in 2010 (yes, newer for the mountain), this 4-bedroom, 3-bath retreat gives you something that's hard to come by up here: space, flow, and function-without sacrificing charm. From the moment you walk in, you're greeted with an open-concept main level that just works. The kitchen, dining, and living room all connect effortlessly, making it the kind of place where everyone naturally gathers-whether it's holidays, lake weekends, or spontaneous get-togethers.
And here's the kicker...
main-level living.
Your primary suite is right where you want it-no stairs, no hassle-just easy, everyday comfort with a true retreat feel.
Downstairs? That's where it gets fun. Additional bedrooms plus a second living space create the perfect setup for guests, kids, or full-on game nights. Think movie marathons, late-night laughs, and giving everyone their own space while still being together.
Step outside and you're surrounded by what makes this area so special-towering trees, fresh mountain air, and that peaceful quiet you can't replicate. Morning coffee on the deck hits different here. So do summer nights under the stars.
And let's talk about something you don't always get in the mountains...
this home has A/C.
Which means you stay cool and comfortable all summer long while everyone else is opening windows and hoping for a breeze.
Another rare find?
A fully fenced yard.
Perfect for pets, kids, or just having your own private outdoor space to relax, entertain, and actually use your yard-something that's not always easy to come by in Lake Arrowhead.
And yes... you get lake rights to Lake Arrowhead.
Which means your weekends can look like boating, paddleboarding, beach days, and sunset cruises-just minutes from your front door.
Location-wise, you're dialed. Close to the lake, near the village, and tucked into a neighborhood that feels private but still convenient. The attached 2-car garage gives you the storage you actually need.
Newer build. A/C. Main-level living. Fenced yard. Lake rights.
Not too old. Not too small. Not too complicated. Just right.
And in Lake Arrowhead... that's rare.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 30, 2026 | Price Decreased |
$675,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$690,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| May 1, 2026 | Price Decreased |
$700,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017