$454,900
SOLD NOV 19, 2025

27941 Rainbow Dr Lake Arrowhead, CA 92352

3 Beds
2 Baths
1,088 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$418 Per Sq Ft

3% Below List Price

104 Days on Market

Highlights

  • Fishing
  • Updated Kitchen
  • Community Lake
  • Panoramic View
  • Open Floorplan
  • Multi-Level Bedroom

About This Home

As of November 2025

PRICE ADJUSTED to $438,900 to reflect the SELLLER'S MOTIVATION and the EXCELLENT OPPORTUNITY, this home presents WITH GREAT INCOME POTENTIAL. Welcome to your MOUNTAIN RETREAT with FULL LAKE RIGHTS, and an ACTIVE Airbnb LICENSE in the heart of beautiful Lake Arrowhead, with a UNBEATABLE LOCATION, just a SHORT Walk to Village Shops & Restaurants, Brewery & Lake Arrowhead Burnt Mill Beach Club. This charming and thoughtfully upgraded home offers 1,088 sq. ft. of cozy living space, situated on a 7,000 sq. ft. lot, surrounded by towering pines and crisp alpine air. Whether you’re looking for a Full-time Residence, Vacation Home, or INCOME-PRODUCING short-term rental, this property is OFFERED FULLY FURNISHED (with exclusions) and ready to enjoy from day one.
With THREE BEDROOMS and TWO FULL BATHROOMS, this home offers both comfort and flexibility.
The light-filled interior features NEWLY INSTALLED CARPET upstairs, FRESH INTERIOR PAINT, and NEW DUAL-PANE WINDOWS throughout, bringing in natural light while enhancing energy efficiency and comfort year-round.
The spacious living area is anchored by a WOOD-BURNING FIREPLACE, perfect for those cozy winter evenings in the mountains.
The recently UPDATED KITCHEN is both functional and stylish, with NEW STAINLESS STEEL APPLIANCES (stove and refrigerator), FRESHLY PAINTED CABINETRY, and NEW STONE TILE FLOORING, making it the ideal space for mountain meals and morning coffee.
Both BATHROOMS have been TASTEFULLY REMODELED approximately two years ago, offering a clean and refreshed feel.
Additional features include a TANKLESS WATER HEATER, CEILING FANS in the upstairs bedrooms (installed just two years ago), and a TREX-STYLE COMPOSITE DECK installed approximately 2.5 years ago, perfect for entertaining or relaxing with tree-top views.
Best of all, with FULL LAKE RIGHTS! ENJOY EXCLUSIVE ACCESS to Lake Arrowhead for SWIMMING, KAYAKING, PADDLEBOARDING and BOATING, access to PRIVATE BEACH CLUBS, trails, and ALL-MAINTAINED AMENITIES a major lifestyle advantage and a HUGE SELLING POINT for VACATIONERS and full-time residents alike.
Located on one of Lake Arrowhead’s most picturesque streets, and close to everything this beloved alpine community offers, this is your opportunity to own a piece of the mountain lifestyle. Whether you’re looking for adventure, tranquility, or a smart investment opportunity, this home is ready to deliver it all. Don’t miss your chance to make it yours—schedule your private showing today!

Last Agent to Sell the Property

Karin Vantuchova

Option West Realty Brokerage Phone: 951-775-0765 License #01919715 Listed on: 07/07/2025

Last Buyer's Agent

CHRISTINA GRAVES

Tower Agency License #02292542

Tower Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 7,000 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Density is up to 1 Unit/Acre
  • 0335-132-20-0000
  • Property is zoned LA/RM

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Cottage
  • Patio Home
  • Entry on the 1st floor
  • Turnkey
  • Permanent Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Data
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Private Parking
  • Driveway Up Slope From Street
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Deck
  • Wood Patio
  • Exterior Lighting
  • Rooftop Access
  • Front Porch

Utilities

  • Central Heating
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 2500
  • Assessor Parcel Number 0335132200000
  • $597 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Near a National Forest
  • Foothills
  • Mountainous Community

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All the remaining Furniture
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LA/RM
  • Architectural Style: Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0335132200000
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1088.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Furnished, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 418.11
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Multi-Level Bedroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Permanent, Slab
  • Exterior Features: Lighting
  • View: Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods
  • Fence: No
  • Patio And Porch Features: Deck, Porch, Front Porch, Rear Porch, Roof Top, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Paved, Driveway Up Slope From Street, On Site, Parking Space, Private
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Gas Oven, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Dog Park, Fishing, Foothills, Hiking, Lake, Park, Watersports, Mountainous

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 0335-132-20-0000
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999, Patio Home, Paved, Rolling Slope
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 110.03
  • Tax Lot: 81
  • Tax Tract Number: 2500
  • TaxOtherAnnualAssessmentAmount: 597.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Nov 17, 2025
Sold by
Souza Dias Iii George
Bought by
Dias Joanna Moira
Seller's Agent
Karin Vantuchova
Option West Realty
Buyer's Agent
CHRISTINA GRAVES
Tower Agency
List Price
$470,000
Sold Price
$454,900
Premium/Discount to List
-$15,100
-3.21%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.49%
Original Mortgage
$363,920
Outstanding Balance
$363,920
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$88,810

Purchase Details

Listed on
Jul 7, 2025
Closed on
Nov 7, 2025
Sold by
Ponce James A
Bought by
Dias Joanna Moira
Seller's Agent
Karin Vantuchova
Option West Realty
Buyer's Agent
CHRISTINA GRAVES
Tower Agency
List Price
$470,000
Sold Price
$454,900
Premium/Discount to List
-$15,100
-3.21%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,920
Outstanding Balance
$363,920
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$88,810

Purchase Details

Listed on
May 19, 2023
Closed on
Sep 27, 2023
Sold by
Chang Wayne C and Chang Elizabeth
Bought by
Ponce James A
Seller's Agent
Elizabeth Welchman
Core Real Estate Group
Buyer's Agent
Elizabeth Welchman
Core Real Estate Group
List Price
$538,000
Sold Price
$450,000
Premium/Discount to List
-$88,000
-16.36%
Views
191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$427,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 9, 2021
Sold by
Smythe Randall Kent
Bought by
Chang Wayne C and Hoel Chang Elizabeth
Seller's Agent
Richard Teachout
MOUNTAIN COUNTRY REALTY, INC.
Buyer's Agent
Out Of Area Agent
Out Of Area Office
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2017
Sold by
Smythe Kristin A and The Kristin Smythe Trust
Bought by
Smythe Randall Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2012
Sold by
Smythe Kristin A
Bought by
Smythe Kristin A and The Kristin Smythe Trust

Purchase Details

Closed on
Oct 31, 2002
Sold by
Buss Norman D and Buss Mary R
Bought by
Smythe Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.28%

Purchase Details

Closed on
Jul 9, 1993
Sold by
Buss Norman and Buss Mary
Bought by
Buss Norman D and Buss Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Stewart Title Of California
Grant Deed $455,000 Stewart Title Of California
Grant Deed $450,000 Equity Title Company
Quit Claim Deed -- Equity Title Company
Grant Deed $375,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer $260,000 Title 365 Company
Interfamily Deed Transfer -- None Available
Grant Deed $165,000 Commonwealth Land Title Co
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $363,920 New Conventional
Previous Owner $427,500 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $132,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2025 11/19/25 Sold $454,900 +3.6% $418 / Sq Ft
10/19/2025 10/19/25 Pending -- -- --
10/12/2025 10/12/25 Price Changed $438,900 -2.2% $403 / Sq Ft
07/14/2025 07/14/25 Price Changed $448,900 -4.5% $413 / Sq Ft
07/07/2025 07/07/25 For Sale $470,000 +4.4% $432 / Sq Ft
09/28/2023 09/28/23 Sold $450,000 -7.2% $409 / Sq Ft View Prior Sale
09/22/2023 09/22/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $485,000 -3.0% $441 / Sq Ft
08/15/2023 08/15/23 Price Changed $499,900 -1.6% $454 / Sq Ft
07/25/2023 07/25/23 Price Changed $508,000 -3.2% $462 / Sq Ft
06/14/2023 06/14/23 Price Changed $525,000 -2.4% $477 / Sq Ft
05/19/2023 05/19/23 For Sale $538,000 +43.5% $489 / Sq Ft
06/30/2021 06/30/21 Sold $375,000 -5.1% $345 / Sq Ft View Prior Sale
06/02/2021 06/02/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $395,000 -- $363 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,085 $432,000 $86,400 $345,600
2024 $5,097 $450,000 $90,000 $360,000
2023 $4,505 $390,150 $78,030 $312,120
2022 $4,414 $382,500 $76,500 $306,000
2021 $3,337 $278,773 $55,755 $223,018
2020 $3,336 $275,914 $55,183 $220,731
2019 $3,253 $270,504 $54,101 $216,403
2018 $3,262 $265,200 $53,040 $212,160
2017 $2,637 $205,910 $51,477 $154,433
2016 $2,591 $201,873 $50,468 $151,405
2015 $2,612 $198,841 $49,710 $149,131
2014 $2,530 $194,946 $48,736 $146,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25149064

California Regional Multiple Listing Service (CRMLS)

APN: 0335-132-20