1243 North Grass Valley Road
Lake Arrowhead, CA, 92352
$765,000
MLS: SR26031257
Beds
4
Baths
4
Sq Ft
2,134
Lot
0.18 ac
Year Built
1971
MLS #
SR26031257
Days on Market
61
Listed
Feb 11, 2026
Description
Priced to sell! Turn-Key Lake Arrowhead Airbnb with Lake Rights! Welcome to a rare mountain entertainer’s retreat where luxury and nature come together in the highly desirable Lake Arrowhead Woods community of Grass Valley. Perfectly situated between the main lake and the Country Club, this exceptional tri-level home offers coveted lake rights and a true resort-style experience.Featuring 4 bedrooms, 4 bathrooms, a spacious game room, and an upstairs loft/poker room, this home is designed for both relaxation and entertaining. Step inside to a warm, inviting interior highlighted by soaring wood-beam ceilings, rich cedar paneling, rustic mountain-style flooring, and a dramatic wood-burning fireplace that rises along a stunning stone wall, creating an atmosphere of charm and comfort. The entertainer’s kitchen is a showstopper, complete with sleek Calacatta Lux countertops, stainless steel appliances, and generous cabinet space—ideal for hosting gatherings or enjoying casual meals with family and friends. The primary suite is conveniently located on the main level, offering a private retreat, while the lower-level family suite features a separate entrance, private bathrooms, and a laundry room, making it perfect for an in-law suite or guest quarters. Outdoor living shines with a large wrap-around deck showcasing panoramic mountain views and golf course vistas. The fenced backyard, surrounded by fruit trees, provides a peaceful setting for outdoor dining, grilling, and relaxing under the stars. Dual access with two private driveways offers ample parking, plus space for a boat or jet skis.Located just minutes from Tavern Bay Beach Club, the lake, shopping, golf, tennis, pickleball, hiking trails, dining, and more, this home places you at the center of everything Lake Arrowhead has to offer. Whether used as a full-time residence, vacation home, or income-producing property, this retreat is ideal for hosting events, holidays, remote work, and weekend escapes. With transferable STR permits and current management in place, this Airbnb-ready property offers immediate income potential. Don’t miss this opportunity to own a premier mountain getaway—schedule your private showing today and experience Lake Arrowhead living at its finest.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Taylor Kellstrom · NextHome Real Estate Rockstars
Payment estimate
$5,614
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $76,500 · Loan: $688,500
- Principal & Interest
- $4,230
- Property tax (1.25%)
- $797
- Homeowners insurance
- $300
- Mortgage insurance
- $287
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Lake Arrowhead home with as little as 3.5% down using an FHA loan — roughly $26,775 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.
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