ActiveResidential · sale

28575 Manitoba Drive

Lake Arrowhead, CA 92352

$1,285,000

  • 4 beds
  • 3 baths
  • 3,120 sq ft
  • 1.09 acres
  • Built 1998

Listed by COLDWELL BANKER SKY RIDGE REALTY · MLS #IG25147490

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28575 Manitoba Drive, Lake Arrowhead, CA 92352 · MLS #IG25147490

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

You enter into an airy living room with soaring vaulted ceiling and a center point floor to ceiling fireplace with raised hearth, made to be sat on for reading an exciting book.

Details worth a look

Have you yearned to be quiet, breathe deep...commune with your surroundings...sit on your southern-style covered porch and watch the snow fall?

Year built

Built in 1998.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Have you yearned to be quiet, breathe deep...commune with your surroundings...sit on your southern-style covered porch and watch the snow fall? Or look down at your own private forest while barbecuing your dinner on your rear deck, watching deer, bobcats, even bears meander through the forest? You can feel the hospitality of the house and neighborhood from the minute you drive up. There's ample parking with a 3 car garage and covered carport as well, with level access into the home as well. You enter into an airy living room with soaring vaulted ceiling and a center point floor to ceiling fireplace with raised hearth, made to be sat on for reading an exciting book. You can almost see the stockings hung on the mantle! Gorgeous newer hardwood floors add warmth to most of the main floor. A formal dining room is somewhat open to the living room on one side and the kitchen on the other. The kitchen is oozing with warmth. A large island holds the 5 burner Jenn-Aire gas cooktop with downdraft. There are two built-in electric Jenn-Aire ovens for those big holiday meals and a huge Jenn-Aire refrigerator. The laundry is conveniently located on the main floor as well as a charming powder bath. Upstairs is a true primary retreat with small loft area perfect for a home office or those morning yoga stretches. The bedroom has newer carpet, a romantic fireplace and spacious ensuite bath with walk-in shower and separate tub. On the lowest level you'll find a cozy den/TV room perfect for cuddling up on a sofa with your popcorn and watching movies. 3 more spacious bedrooms and another full bath take up the rest of the lower level. There are spacious decks on all three levels that look over your private 1+ acre forest. Another bonus space is on this level as well a partially finished 800 sq ft space with 2 double doors to do with whatever you can dream of...another full bath and bedroom, a granny suite? An ADU perhaps? A dream workshop, a gym? There's plumbing available, so dream away! Out one side of this bonus space is the covered parking/carport accessed by a long driveway. There's a Generac generator for a pouter outage. This house has it all, ready for graceful mountain living and entertaining.

THE NEIGHBORHOOD

Explore the location.

28575 Manitoba Drive, Lake Arrowhead, CA 92352

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1998
Full baths
2
Half baths
1
Garage spaces
3
Cooling
CentralAir,Electric
Heating
Central,ForcedAir,Fireplaces,NaturalGas
Appliances
DoubleOven,Dishwasher,ElectricOven,GasCooktop,Disposal,GasWaterHeater,IceMaker,Microwave,Refrigerator,WaterHeater
Flooring
Carpet,Tile,Wood
Utilities
CableAvailable,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerConnected,WaterConnected
Fencing
None
Accessibility
None
Pool
No
Pool features
None
Subdivision
Arrowhead Woods (AWHW)
Parcel
0329471030000
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$5,354.17
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

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  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #IG25147490 · California Regional MLS

Listing brokerage: COLDWELL BANKER SKY RIDGE REALTY
Listing agent: Sue Weaver

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

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 © 2023 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. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.