ActiveResidential · sale

27844 Greenway Drive

Lake Arrowhead, CA 92352

$2,195,000

  • 4 beds
  • 3 baths
  • 2,395 sq ft
  • 0.13 acres
  • Built 1928

Listed by Vista Sotheby's International Realty · MLS #IG26127135

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1928.

Garage parking

1 garage spaces listed.

Property size

0.13 acres listed.

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

THE PROPERTY

Get to know the property.

Vintage lakefront retreat located in desirable historic neighborhood just a short stroll to the included dock waters edge and local amenitiesSited beneath a canopy of mature Pines Cedars and Dogwoods this beautifully preserved 1928 lakefront cottage blends timeless character with thoughtful updatesoffering the ultimate yearround retreat for family and friends Ideally located in a soughtafter historic neighborhood youre just a short stroll from your own private double dock the waters edge and beloved local amenities The homes inviting exterior features classic wood shingle siding and split granite accents setting the stage for the warmth and charm found inside Step into the spacious great room where vaulted beamed ceilings a striking redrock fireplace and panoramic French doors create a cozy yet expansive living area filled with natural light These doors open to a stunning stone patio where a seasonal creek meanders byperfect for enjoying tranquil mornings or lively gatherings The open layout seamlessly connects the updated kitchen main living area and serene outdoor spaces making entertaining effortless A cozy bunkroom with an adjacent bathroom and a separate workshop complete the main level Up a small staircase is a peaceful bedroom with a charming bay window along with a full bath The upper level also offers two additional bedroomsone a bright guest retreat with vaulted ceilings and skylights the other an oversized primary suite tucked among the treetops A fully remodeled bath and a flexible bonus room ideal as an office nursery or den complete the upper floor This rare lakefront property features level pathways that lead to your private dock with a metal canopy sitting area and beachjust across from the iconic Lone Pine Island In the opposite direction the trail quickly leads to Burnt Mill Beach Club a popular local brewery and nearby resort Additional highlights include a wholehouse Generac generator central air conditioning a wellappointed singlecar garage and parking for 4 vehicles A true fourseason getaway this property is a rare opportunity to own a piece of lakefront paradiseblending historic charm with modern comfort in one of the mountains most cherished settings

THE NEIGHBORHOOD

Explore the location.

27844 Greenway Drive, Lake Arrowhead, CA 92352

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1928
Full baths
2
Half baths
1
Garage spaces
1
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,GasRange,Microwave,Refrigerator,RangeHood,WaterToRefrigerator,WaterHeater,WaterPurifier,Dryer,Washer
Flooring
Carpet,Wood
Utilities
CableConnected,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
None
Pool
No
Pool features
None
Spa
No
Subdivision
Arrowhead Woods (AWHW)
Parcel
0335061190000
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$9,145.83
Cap rate

Annual operating income:

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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

See its potential.
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.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

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

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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27844 Greenway Drive, Lake Arrowhead, CA 92352 · MLS #IG26127135

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Listing information

MLS #IG26127135 · 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.