1047 Lakeview
Azusa, CA, 91702
$635,000
MLS: CV26117264
Beds
2
Baths
2
Sq Ft
1,347
Lot
7.94 ac
Year Built
1981
MLS #
CV26117264
Days on Market
6
Listed
Jun 4, 2026
Description
Welcome to your peaceful hillside retreat in North Azusa’s highly sought-after Rainbow Lake Community—a private, gated enclave unlike any other. Surrounded by lush landscaping, cascading waterfalls, natural stone accents, and a picturesque private angling lake, this unique neighborhood offers a tranquil, resort-style setting you'll love coming home to. This desirable ground-level, stair-free condominium features 2 bedrooms, 2 full bathrooms, and approximately 1,347 square feet of comfortable living space. Perfectly positioned on the hillside, the home captures spectacular panoramic city and valley views that can be enjoyed from the living room, kitchen, primary bedroom, and spacious private balcony. Abundant natural light fills the interior, creating a bright and welcoming atmosphere throughout. The thoughtfully designed floor plan offers a seamless flow between the living and dining areas, highlighted by a cozy fireplace and large windows that showcase the stunning views. The kitchen provides ample cabinetry, generous counter space, and room for casual dining, making it both functional and inviting. The primary suite serves as a relaxing retreat, featuring a large walk-in closet, direct balcony access, and an ensuite bathroom complete with a soaking tub. The second bedroom and full bath offer flexibility for guests, family, or a home office. Lovingly maintained, this home is clean, comfortable, and move-in ready, offering an excellent opportunity for its next owner to enjoy as-is or personalize over time. Additional conveniences include a semi-attached one-car garage, a second detached one-car garage, central heating and air conditioning, and access to recently installed fiber-optic internet service within the community. Residents of Rainbow Lake enjoy a truly special lifestyle with private fishing, scenic walking paths, picnic areas, and beautifully maintained grounds that create a peaceful escape from the everyday. Conveniently located near Azusa Pacific University, Citrus College, Metro A Line access, the San Gabriel River Trail, and the Angeles National Forest, this exceptional home offers the perfect balance of serenity and accessibility. Rarely do opportunities arise to own in one of Azusa’s most distinctive and charming communities. Come experience the beauty, views, and lifestyle that make Rainbow Lake such a hidden gem.
Location
Azusa, Los Angeles County, CA 91702
Open on Google Maps ↗Listed by: Dennis Beckwith · SOUTHLAND PROPERTIES
Payment estimate
$5,404
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $63,500 · Loan: $571,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,620
- Property tax (1.25%)
- $661
- Homeowners insurance
- $300
- Mortgage insurance
- $238
- HOA dues
- $585
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Azusa home with as little as 3.5% down using an FHA loan — roughly $22,225 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 91702 (Azusa)within ±10% of this home's price and size.
$575,000
543 E Arrow Highway 43
Azusa, 91702
$579,000
614 N Lemon Avenue
Azusa, 91702
$588,000
326 Monroe Court
Azusa, 91702
$588,000
1641 Dimas Ct
Azusa, 91702
$599,995
242 Spruce Court
Azusa, 91702
$600,000
422 S Virginia
Azusa, 91702
Local Market Stats
See Azusa, CA 91702 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.