$453,000
●
House -
Off Market
501 Wellsley Drive
Lake Arrowhead, CA 92352
3 Beds
2 Baths
1,824 Ft²
$2,505
Est. Monthly
$280
HOA / Fees
6.36%
Cap Rate
About This Property
Come Fall in Love at 501 Wellsley Drive!
Nestled in the heart of Arrowhead Villas, this light-filled mountain retreat blends rustic charm with modern comfort across 1,824?sq?ft of thoughtfully designed space. With 3 bedrooms and 2 baths, this home is made for connection-from cozy evenings to lively gatherings.
Why This Home Shines:
• Breathtaking, filtered views of Lake Arrowhead set the tone from the moment you step inside. The vaulted ceilings and expansive great room bathe the home in natural light and invite you to unwind by the fireplace.
• Seamless indoor-outdoor living with a spacious deck that overlooks towering trees-and catches glimpses of the lake-perfect for morning coffee or evening stargazing.
• Stylish, updated spaces: The kitchen and baths feature elegant quartz countertops. Stainless steel appliances and a garden window add both practicality and charm.
• Thoughtful layout for every lifestyle: The main-level primary suite offers its own bath, walk-in closet, and convenient Murphy bed. Downstairs, find a serene second bedroom with its own deck and another flexible space ideal for an office or den-plus, plenty of storage!
• Smart, worry-free upgrades: Enjoy year-round comfort with a new HVAC ducting installed in 2022, a durable roof from 2019, and peace of mind thanks to a whole-house generator that keeps power-and Wi-Fi-running during outages.
• Ideal location & lifestyle: Minutes from Lake Arrowhead Village and Highway 18, this home checks the box for commuters and mountain lovers alike. It's also just 20 minutes from Snow Valley Ski Resort and close to SkyPark at Santa's Village-perfect for year-round adventure.
• A mountain community with perks: Arrowhead Villas is steeped in history-and known for its scenic charm. HOA dues are just $280 per quarter and cover snow removal, water, and trash to simplify your life.
Nestled in the heart of Arrowhead Villas, this light-filled mountain retreat blends rustic charm with modern comfort across 1,824?sq?ft of thoughtfully designed space. With 3 bedrooms and 2 baths, this home is made for connection-from cozy evenings to lively gatherings.
Why This Home Shines:
• Breathtaking, filtered views of Lake Arrowhead set the tone from the moment you step inside. The vaulted ceilings and expansive great room bathe the home in natural light and invite you to unwind by the fireplace.
• Seamless indoor-outdoor living with a spacious deck that overlooks towering trees-and catches glimpses of the lake-perfect for morning coffee or evening stargazing.
• Stylish, updated spaces: The kitchen and baths feature elegant quartz countertops. Stainless steel appliances and a garden window add both practicality and charm.
• Thoughtful layout for every lifestyle: The main-level primary suite offers its own bath, walk-in closet, and convenient Murphy bed. Downstairs, find a serene second bedroom with its own deck and another flexible space ideal for an office or den-plus, plenty of storage!
• Smart, worry-free upgrades: Enjoy year-round comfort with a new HVAC ducting installed in 2022, a durable roof from 2019, and peace of mind thanks to a whole-house generator that keeps power-and Wi-Fi-running during outages.
• Ideal location & lifestyle: Minutes from Lake Arrowhead Village and Highway 18, this home checks the box for commuters and mountain lovers alike. It's also just 20 minutes from Snow Valley Ski Resort and close to SkyPark at Santa's Village-perfect for year-round adventure.
• A mountain community with perks: Arrowhead Villas is steeped in history-and known for its scenic charm. HOA dues are just $280 per quarter and cover snow removal, water, and trash to simplify your life.
Unit Size
1,824 Ft²
Days on Market
170 days
Land Size
0.08 acres
Price per sqft
$248
Property Type
House
Property Taxes
-
HOA Dues
$280
Year Built
1984
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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: 10 months ago (CRMLS #IG25185208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Jan 3, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Relisted | $453,000 | |
| Relisted | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $453,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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About Lake Arrowhead
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Listed by: Kim Sellers, COLDWELL BANKER SKY RIDGE REALTY
Last Updated: 10 months ago
Data Source: CRMLS, MLS# IG25185208
Last Updated: 10 months ago
Data Source: CRMLS, MLS# IG25185208
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