ActiveSingleFamilyResidence

27721 Caribou

Lake Arrowhead, CA, 92352

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$995,000

MLS: IG26041658

Beds

3

Baths

3

Sq Ft

2,704

Lot

0.23 ac

Year Built

1978

MLS #

IG26041658

Days on Market

32

Listed

Feb 27, 2026

Description

LAKEVIEW, check. BELOW MARKET PRICE, check. SUCCESSFUL STR/AirBnB History, check. Look no further -- THIS IS IT and the seller is MOTIVATED (recent MAJOR price reduction). Wow! ...will be your jaw dropping reaction when you enter this wonderful turnkey A-frame/prow mountain motif home - with LAKE RIGHTS - and see your unobstructed lake view and panoramic ridgetop views, including nearby Snow Valley and San Gorgonio, all from your deck chairs and firepit. This lovely home, with a great "cabin feel" and near level entry, exudes relaxation and fun, from the nearly 1,500 SF of lake view deck space, to the game room with a two in one game table with billiards, and table tennis. Don’t forget the relaxing Jacuzzi spa! The kitchen features hickory cabinets, recently updated stainless steel appliances, and a new LG refrigerator. Relax in the spacious A-frame/prow great room, with terrific lake and mountain views, and enjoy a cozy fire in your Regency airtight wood burning stove. The large primary bedroom offers breathtaking views, deck and spa access, a gas insert fireplace for easy fires late at night, and plenty of built-in dresser space, along with a spacious walk-in closet. The primary bath boasts a dual sink, a separate walk-in shower and jetted tub, as well as heated floor tiles and a heated towel rack! The additional two large bedrooms upstairs offer more lake views and quiet sitting areas. The main level game room could easily be converted to a fourth bedroom. All three bathrooms have charming, designer touches including mountain themed backsplashes and painted sinks. Be comfortable year-round with central heat and air conditioning. The home also has a laundry and work room, and a concrete and insulated basement for plentiful storage. This home is a successful, high demand STR - producing a strong income flow - with all 5 star guest reviews and a highly rated AirBnB host. This turnkey, unobstructed lake view house at this price point is a rare find on the mountain. Seller is motivated, as evident by the below market pricing. Come see this gem now, and start enjoying the lake lifestyle at its finest!

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Joseph Cady · RE/MAX LAKESIDE

Payment estimate

$7,212

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $99,500 · Loan: $895,500

%
Principal & Interest
$5,502
Property tax (1.25%)
$1,036
Homeowners insurance
$300
Mortgage insurance
$373
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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 $34,825 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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