1213 Montreal Drive, Lake Arrowhead, CA 92352
List Price: $990K
Listing Status: Active
Original List Price: $1.05M
0Days on Market: 57
5 Bedrooms · 5 Bathrooms · 3,185 sq ft
Property Type: Residential
Year Built: 1979
Lot Size: 18,000 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: CV26146364
About This Property
PRICE IMPROVED — Now $990,000. Beautifully updated 3,200 sq ft, 5-bedroom, 5-bath luxury retreat on a generous 0.41-acre lot in prestigious Arrowhead Woods. Modern comfort, expansive living spaces, and strong income potential as a fully permitted Short-Term Rental (STR). Standout Features • Deeded Lake Rights: private access to Lake Arrowhead, Tavern Bay Beach, beach clubs, boating, and waterfront recreation • Expansive wrap-around balcony and deck with dramatic pine tree and mountain views • Game room/den ideal for entertaining, movie nights, or a home office • Private access road with spacious grounds including park benches, picnic table, and shed (sauna conversion potential) • Three driveways, 3-car garage with showroom epoxy flooring, plus ample RV parking • Direct backyard path to elementary school, 2-minute drive to the lake, and 3-minute drive to hospital and fire station • Easily plowable road with delivery truck access; fully furnished option available. Interior: Gourmet kitchen with custom built-ins opens to a great room with fireplace — equally suited to quiet evenings and large gatherings. Primary suite with luxurious bath, jetted tub, and large walk-in closet. Upper level: three additional bedrooms and two full baths. Lower level: bedroom, full bath, and large bonus room (game room, office, theater, or private retreat). Separate laundry for full-size appliances. Recent Upgrades: New electrical panel, water heater, central A/C, all major appliances (refrigerator, freezer, stove, dishwasher, wine fridge, washer/dryer), commercial-grade toilets, faucets, sinks, countertops, hot tub, garage epoxy floor, advanced ventilation, basement flooring, ceiling fans, and designer lighting. Works as a primary residence, multigenerational home, or high-yield vacation rental. Active STR permit plus deeded lake rights deliver both lifestyle and investment value. Just 15 minutes from Lake Arrowhead Village, with world-class hiking, boating, skiing, biking, and off-roading nearby. Spectacular stargazing and mountain serenity. A rare turnkey opportunity — now priced under $1 million.