ActiveResidential · sale

248 Oak

Lake Arrowhead, CA 92352

$585,000

  • 3 beds
  • 2 baths
  • 1,275 sq ft
  • 0.11 acres
  • Built 1948

Listed by Vista Sotheby's International Realty · MLS #IG26145920

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248 Oak, Lake Arrowhead, CA 92352 · MLS #IG26145920

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1948.

Garage parking

2 garage spaces listed.

Property size

0.11 acres listed.

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

THE PROPERTY

Get to know the property.

Nestled in the desirable Palisades neighborhood of Lake Arrowhead, this quintessential vintage cabin perfectly blends timeless mountain charm with thoughtful modern updates. Ideally situated on a nearly level, paved, and county-maintained street, this inviting retreat includes coveted Lake Arrowhead lake rights and is just blocks from the lake, the shops and restaurants of Cedar Glen, Mountain Coffee Co., and nearby hiking trails. Inside, the warm and welcoming main living area is filled with natural light from expansive picture windows and showcases a classic brick fireplace, soaring wood-beamed ceilings, and the authentic character that makes Lake Arrowhead cabins so special. The remodeled kitchen and bathrooms have been tastefully updated while preserving the home's original charm and cozy mountain aesthetic. The thoughtfully designed floor plan features a very spacious main-level bedroom, offering comfortable single-level living and flexibility for guests or a primary suite. Upstairs, you'll find two charming bedrooms with pitched ceilings that evoke the classic cabin feel, along with a generous loft that provides additional space for sleeping, a home office, game room, or cozy reading retreat. Outside, the property continues to impress with an oversized, fully fenced backyard—an uncommon and highly desirable feature in Lake Arrowhead. The flat yard offers abundant space for entertaining, pets, gardening, or simply enjoying the peaceful mountain setting. A welcoming front porch overlooks the nicely sized front yard, creating the perfect place to relax with your morning coffee or unwind after a day at the lake. Whether you're searching for a full-time residence, weekend getaway, or investment opportunity, this enchanting mountain cabin offers the ideal combination of vintage character, modern comfort (like central A/C), lake rights, and an exceptional location close to all that Lake Arrowhead has to offer.

THE NEIGHBORHOOD

Explore the location.

248 Oak, Lake Arrowhead, CA 92352

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1948
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
GasRange,IceMaker,Refrigerator,RangeHood,WaterHeater
Flooring
Carpet,Wood
Utilities
CableNotAvailable,NaturalGasConnected,SewerConnected,WaterConnected
Pool
No
Pool features
None
Spa
No
Subdivision
Arrowhead Woods (AWHW)
Parcel
0331092100000
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$2,437.50
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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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.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

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

MLS #IG26145920 · California Regional MLS

Listing brokerage: Vista Sotheby's International Realty
Listing agent: Danielle Rosenthal

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.