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$689,227Estimated home value

Beds
3
Baths
2.5
sq ft
1,154

27942 Rainbow Dr, Lake Arrowhead, CA 92352

27942 Rainbow Dr

Lake Arrowhead, CA 92352

  • Sold On 5/13/2022
There's Gold at the end of this Rainbow! Formerly owned by a famed Ice Skating coach who just saw his Star athlete win Olympic gold- this delightful Mountain Cabin on a lovely Forested lot is walking distance to Lake Arrowhead village. The main house features new A Frame windows, 2 beds, 2 baths & a Wood Burning stove. The guest quarters on the lower level was originally built to house the former owner's star skaters as they trained at a local skating facility. There are over 1000Sq feet of decks surrounded by Pines to enjoy the fresh mountain air. The current owner has made many upgrades since it was last on the market including a generator, tankless water heater & new luxury flooring. The property also features an insulated shed w/electricity- full of possibilities as a workshop/storage, She Shed or Man Cave. Easy access from the main roads with an almost level driveway featuring a glass carport with plenty of parking. And, of course, full Lake rights included!

Details

Property type

Single Family Residence

Est. home value

$689,227

Lot size

8,420 sq ft

Price per sq ft

$585

Year built

1968

Price History

01/31/2025
CRMLS

CRMLS #RW24207029

Removed
$780,000
10/07/2024
CRMLS

CRMLS #RW24207029

Listed
$780,000
+12.2%
04/04/2022
CRMLS

CRMLS #EV22045100

Sold
$695,200
+98.63%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Rim of the World

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Robert C Tarr

Loan start date

February 2002

Original loan amount

$144,000

Est. remaining balance

Not provided

Interest rate

7.17%

Loan type

Seller take-back

Seller

Rafael Arutyunyan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 02/05/2025 at 2:40 AM

Listing updated: 07/19/2024 at 3:27 PM

Listed by: WILL RAHILL, KELLER WILLIAMS BIG BEAR Phone #: (909) 866-4949

MLS: CRMLS #EV22045100

CRMLS logo

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