722 Grass Valley Rd, Lake Arrowhead, CA 92352

Property Description

LOOK NO FURTHER, THIS HOUSE HAS IT ALL!This beautiful well maintained Lake Arrowhead home has everything you could ask for and plenty of space for entertaining. This charming 3 story home offers Lake Rights, level entry with attached 2 car garage and is being sold completely furnished. The main floor has a stunning open concept living space with tall wood paneled ceiling and a full height stone fireplace for those cozy winter evenings. There is a large balcony off the kitchen and dining area that is perfect for barbequing and taking in the serene views of Grass Valley Lake and the surrounding forest. The second floor has a huge Primary Bedroom with ensuite bath. There is a private balcony with outdoor spa from the Primary bedroom as well. There are 3 additional bedrooms, an additional full bathroom, and a true laundry room on the remainder of the second floor. From the second-floor balcony is a staircase to the unpermitted finished basement. The basement is a major highlight of the home. It boasts its own fireplace, kitchenette, full bath, 1 bedroom, and shuffleboard table. With its own separate entrance this could easily be used as a separate rentable unit.The current owners have successfully used this home as a family vacation home and part-time short-term vacation rental for the last 5 years with a historic track record of stable rental history and sound rental revenue. It earned $57K in 2021 rental revenue with the owners occupying for most holidays. It has currently active short term rental permit and a Super Host and Premier host status on Airbnb and VRBO. The seller can provide short term rental transaction history if requested.Interior sq. ft. including finished basement is approximately 4,100 sq. ft. (main house 2862 sq. ft. + basement 1300 sq. ft.). The main house and basement have a total of 4 bedrooms, 1 bunk room, 3 1/2 bathrooms with multiple living areas to be enjoyed by all. It is near Lake Arrowhead Country Club, a short drive to Arrowhead Village shopping and dining, and comes with Lake Rights! Don't miss out on this opportunity to own turnkey home with ability to earn revenue or just be used as your own personal escape.