$550,000
●
House -
Off Market
568 Grass Valley Road
Lake Arrowhead, CA 92317
3 Beds
2 Baths
2,038 Ft²
$2,701
Est. Monthly
About This Property
Lake Arrowhead Gem with Full Lake Rights – Move-In Ready!
This beautifully remodeled Lake Arrowhead home checks every box! Featuring an updated kitchen and bathrooms, new flooring throughout, and a spacious open floor plan, this home offers both comfort and convenience. Enjoy level entry access on a maintained road, plus a 2-car attached garage and a circular driveway with ample parking for boats, RVs, and all your guests. Inside, you'll find a main-level bedroom and bath, perfect for easy living, with two additional bedrooms, a full bath, and a bonus area upstairs-ideal as a fourth bedroom, game room, or office. The rare, large level lot provides plenty of usable outdoor space, including expansive decks perfect for entertaining or relaxing in any season.
Located in a great commuter location, this home is just minutes from the golf course, private ALA-owned Grass Valley Park and lake, and Lake Arrowhead Village. Walk or take a golf cart to local amenities, and enjoy being within walking distance of the middle school.
Best of all, this property includes full Lake Arrowhead lake rights, making it a perfect full-time residence or weekend retreat. Don't miss this rare opportunity!
This beautifully remodeled Lake Arrowhead home checks every box! Featuring an updated kitchen and bathrooms, new flooring throughout, and a spacious open floor plan, this home offers both comfort and convenience. Enjoy level entry access on a maintained road, plus a 2-car attached garage and a circular driveway with ample parking for boats, RVs, and all your guests. Inside, you'll find a main-level bedroom and bath, perfect for easy living, with two additional bedrooms, a full bath, and a bonus area upstairs-ideal as a fourth bedroom, game room, or office. The rare, large level lot provides plenty of usable outdoor space, including expansive decks perfect for entertaining or relaxing in any season.
Located in a great commuter location, this home is just minutes from the golf course, private ALA-owned Grass Valley Park and lake, and Lake Arrowhead Village. Walk or take a golf cart to local amenities, and enjoy being within walking distance of the middle school.
Best of all, this property includes full Lake Arrowhead lake rights, making it a perfect full-time residence or weekend retreat. Don't miss this rare opportunity!
Unit Size
2,038 Ft²
Days on Market
99 days
Land Size
0.29 acres
Price per sqft
$270
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (CRMLS #IG25148448)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed by Wheeler-Steffen Sotheby's Int | $575,000 | |
| Listed by Wheeler-Steffen Sotheby's Int | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Vicky Center, Wheeler-Steffen Sotheby's Int
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25148448
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG25148448
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017