$650,000
UNDER CONTRACT $70K PRICE DROP

27942 Rainbow Dr Lake Arrowhead, CA 92352

Estimated payment $4,265/month

Total Views 16,015
3 Beds
3.5 Baths
1,454 Sq Ft
$447 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Lake Privileges
  • Cathedral Ceiling
  • Updated Kitchen
  • Dual Staircase
  • Main Floor Primary Bedroom

About This Home

Welcome to Edelweiss Chalet — a beautifully remodeled 3-bedroom, 3.5-bath home where mountain comfort meets refined elegance. Thoughtfully upgraded with high-end fixtures and tasteful finishes, this home offers a seamless blend of rustic charm and modern luxury. Surrounded by nature, the indoor and outdoor living spaces are designed to let you fully embrace the serene mountain lifestyle. Ideally located just moments from the lake and village and comes with full lake rights. Enter through the front door adorned with a charming Edelweiss stained glass window, you're welcomed by soaring vaulted ceilings and a dramatic wall of windows that flood the space with natural light. The main level features a warm and inviting living room with a stunning stone fireplace and updated flooring throughout. The dining area opens to an expansive deck through double sliding glass doors, perfect for indoor-outdoor entertaining. The chef’s kitchen is a true showpiece, fully renovated with custom cabinetry, quartz countertops, designer tile backsplash, a copper sink, premium appliances, a central island, and stylish new lighting. The primary en suite bedroom is a luxurious retreat. Upstairs, you’ll find another private en suite bedroom, offering comfort and seclusion. The lower level hosts a third en suite bedroom that opens to a shaded deck, providing a peaceful retreat. This space also presents the potential to be converted into a guest suite with its own entrance—perfect for hosting friends and family or creating a future ADU. The property offers generous level parking, potentially accommodating a boat trailer, with the added convenience of just three steps leading into the home. Don’t miss the charming detached shed—perfect as a craft room, a he/she shed, or simply for additional storage. Equipped with modern amenities including a generator, tankless water heater, full security system with viewing station/integrated sound system, and so much more. The best of mountain living awaits you
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Listing Agent

Vicky Center

WHEELER STEFFEN SOTHEBY'S INT Brokerage Phone: 909-754-9444 License #01025785 Listed on: 06/02/2025

WHEELER STEFFEN SOTHEBY'S INT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,966

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 8,420 Sq Ft Lot
  • Rural Setting
  • Corner Lot
  • Lot Sloped Down
  • Property is zoned LA/RS-14M

Property Views

  • Woods
  • Neighborhood

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,454 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Dual Staircase
  • Beamed Ceilings
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Low Flow Toliet
  • Walk-in Shower

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Lake Privileges
  • Patio

Schools

  • Lake Arrowhead Elementary School
  • Mary Putnam Middle School
  • Rim Of The World High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Arrowhead Woods Subdivision

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 2500
  • Assessor Parcel Number 0335092010000
  • $733 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,966

Year Built

Built in 1968 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security Lights, Security System, Smoke Detector(s)
  • Subdivision Name Other: Arrowhead Woods (AWHW)
  • View: Yes
  • Zoning: LA/RS-14M
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0335092010000
  • Year Built: 1968
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Living Area: 1454.00 Square Feet
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Cathedral Ceiling(s), Furnished, Living Room Deck Attached, Quartz Counters
  • Stories: 2
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 447.04
  • Room Type: Kitchen, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Low Flow Toilet(s), Quartz Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood, Trees/Woods
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Microwave, Range Hood, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Rim of the World
  • Elementary School: Lake Arrowhead
  • Middle School: Mary Putnam
  • High School: Rim Of The World
  • Elementary School: Lake Arrowhead
  • High School: Rim Of The World
  • Middle Or Junior School: Mary Putnam
  • Elementary School #2: LAKARR
  • High School2: ROTW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sloped Down, Gentle Sloping, Lot 6500-9999
  • Lot Size Sq Ft: 8420.00
  • Lot Size Acres: 0.1933

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8420.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Lake Privileges

Tax Info

  • Tax Census Tract: 110.03
  • Tax Lot: 92
  • Tax Tract Number: 2500
  • TaxOtherAnnualAssessmentAmount: 733.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,966 $737,752 $147,550 $590,202
2024 $7,966 $723,286 $144,657 $578,629
2023 $7,888 $709,104 $141,821 $567,283
2022 $4,183 $360,699 $72,140 $288,559
2021 $4,137 $353,626 $70,725 $282,901
2020 $4,136 $350,000 $70,000 $280,000
2019 $2,789 $234,251 $52,973 $181,278
2018 $2,813 $229,658 $51,934 $177,724
2017 $2,766 $225,155 $50,916 $174,239
2016 $2,716 $220,741 $49,918 $170,823
2015 $2,738 $217,425 $49,168 $168,257
2014 $2,648 $213,166 $48,205 $164,961
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $650,000 -9.7% $447 / Sq Ft
06/02/2025 06/02/25 Price Changed $720,000 -7.1% $495 / Sq Ft
05/06/2025 05/06/25 For Sale $775,000 +11.5% $533 / Sq Ft
04/04/2022 04/04/22 Sold $695,200 +3.0% $602 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/22/2022 03/22/22 Price Changed $675,000 +3.8% $585 / Sq Ft
03/07/2022 03/07/22 For Sale $650,000 +85.7% $563 / Sq Ft
09/13/2019 09/13/19 Sold $350,000 -4.1% $303 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $365,000 -- $316 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $695,500 Stewart Title
Grant Deed $350,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- First American Title
Grant Deed $160,000 First American Title
Grant Deed $150,000 Fidelity National Title Ins
Grant Deed -- First American Title
Grant Deed $115,000 First American Title
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $131,000 New Conventional
Previous Owner $175,000 Unknown
Previous Owner $74,600 Credit Line Revolving
Previous Owner $144,000 Seller Take Back
Source: Public Records

About the Listing Agent

Vicky Center

WHEELER STEFFEN SOTHEBY'S INT

(909) 498-7942

Section Image

Vicky has been a Realtor since 1987, full-time resident of Lake Arrowhead since 1990 and a top-producing mountain Realtor since 1994. Always putting her clients' needs first, Vicky is dependable, high energy, and possesses intimate local knowledge that few can match. She will guide you through the entire buying or selling process with immense care, integrity, and dedication. Her exceptional understanding of client service dynamics on both sides of transactions means even the most difficult ones

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    Welcome to Edelweiss Chalet — a beautifully remodeled 3-bedroom, 3.5-bath home where mountain comfort meets refined elegance. Thoughtfully upgraded with high-end fixtures and tasteful finishes, this home offers a seamless blend of rustic charm and modern luxury. Surrounded by nature, the indoor and outdoor living spaces are designed to let you fully embrace the serene mountain lifestyle. Ideally

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  • 187 Cedar Cir, Lake Arrowhead, CA 92352

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  • 27423 N Bay Rd, Lake Arrowhead, CA 92352

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  • 28978 Palisades Dr, Lake Arrowhead, CA 92321

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    Lake side cottage that lives like a lake front without the price tag! ALA steps next to the driveway. Fantastic lake views from all rooms (except half bath on main level) in this Bavarian style home featuring a floor plan with two bedrooms up and two bedrooms down with a bathroom on all levels. Also, two levels of decking to enjoy your views. Updated kitchen with new appliances, granite counters

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25123369

California Regional Multiple Listing Service (CRMLS)

APN: 0335-092-01