ActiveResidential · sale

435 Riviera Drive

Lake Arrowhead, CA 92352

$1,395,000

  • 3 beds
  • 3 baths
  • 2,851 sq ft
  • 0.24 acres
  • Built 1975

Listed by COLDWELL BANKER SKY RIDGE REALTY · MLS #IG26142719

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The living room is anchored by a striking half-stack stone fireplace with a one-of-a-kind natural wood log mantel and shiplap detail above.

Details worth a look

The primary suite is conveniently located on the main level and opens directly onto the deck, offering tranquil golf course views from bed.

Year built

Built in 1975.

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

THE PROPERTY

Get to know the property.

Located on one of Lake Arrowhead’s most desirable streets, this exceptional home sits on a quiet and private cul-de-sac along the front nine of the golf course. A circular driveway, level-entry access, and an expansive flat front yard create a rare and welcoming arrival. Nearly the entire home has been thoughtfully remodeled with elevated finishes throughout, including the addition of a tankless water heater and whole-house generator for comfort and peace of mind. Formal entry featuring a newly remodeled powder room, opening into a stunning two-story main living space with white-painted tongue-and-groove ceilings and exposed beams. Walls of oversized sliders flood the home with natural light and showcase sweeping golf course and lake views. The living room is anchored by a striking half-stack stone fireplace with a one-of-a-kind natural wood log mantel and shiplap detail above. The open-concept dining area easily accommodates eight or more guests and flows seamlessly into the newly remodeled kitchen, complete with custom knotty alder hood and island cabinetry, custom-painted cabinets, Fantasy Grey countertops, and a designer backsplash. Just beyond the kitchen, a newly added approximately 200-square-foot mudroom provides an ideal transition from the garage and includes laundry, pantry storage, and a functional workspace. On the opposite side of the main living area, a spacious game room offers a cozy seating area with its own fireplace, bar, and an expansive space perfect for billiards, arcade games, and entertaining. The primary suite is conveniently located on the main level and opens directly onto the deck, offering tranquil golf course views from bed. Spa-like ensuite features dual vanities, a large custom walk-in shower with rain shower head, wall and handheld fixtures, body sprayers, and a built-in bench, along with a generous walk-in closet. Outdoor living is exceptional, with expansive composite decking spanning the entire length of the home and stairs leading down to a flat yard and direct golf course setting. Positioned on the 8th fairway, the property enjoys views of multiple holes and three lakes. Upstairs, guests enjoy private accommodations on each side of the home, featuring oversized bedrooms with large closets, a centrally located bathroom, and a comfortable loft sitting area. A rare combination of privacy, level entry, extensive remodeling, modern systems, and premier golf course and lake views—this is Lake Arrowhead living at its finest.

THE NEIGHBORHOOD

Explore the location.

435 Riviera Drive, Lake Arrowhead, CA 92352

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1975
Full baths
2
Half baths
1
Garage spaces
2
Cooling
None
Heating
Central
Pool
No
Pool features
None
Subdivision
Arrowhead Woods (AWHW)
Parcel
0345243040000
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$5,812.50
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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435 Riviera Drive, Lake Arrowhead, CA 92352 · MLS #IG26142719

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Listing information

MLS #IG26142719 · California Regional MLS

Listing brokerage: COLDWELL BANKER SKY RIDGE REALTY
Listing agent: MEGHAN HARDIN

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.