
27721 Caribou Drive, Lake Arrowhead, CA 92352
27721 Caribou Drive, Lake Arrowhead, CA 92352
Property Description
REMARKABLE LAKE VIEW PROPERTY. REMARKABLE VALUE. Unobstructed lake views, turnkey condition, A-frame/prow mountain motif, lake rights, proven 5-star vacation rental history, and priced well below recent comparable sales. This beautifully updated mountain retreat offers 2,704 square feet, 3 bedrooms, 3 baths, multiple entertaining decks, central air conditioning, and a flexible main level game room that could easily become a fourth bedroom. Experience mountain relaxation in this "cabin feel," near level entry home with nearly 1,500 SF of lake view deck space to enjoy invigorating sunrises, dreamy sunsets, and star gazing while cooking smores over the firepit. Be sure to also enjoy the game room with a two in one game table with billiards, and table tennis—and don’t forget the relaxing Jacuzzi spa! THIS IS IT: Your Dream Mountain Escape! Arrive to a tree-covered, paved driveway and head inside. The kitchen features hickory cabinets, recently updated stainless steel appliances, and a new LG refrigerator ... a great place for those family gatherings. Relax in the spacious A-frame/prow great room, with terrific endless lake and mountain views, and enjoy a cozy fire in your Regency airtight wood burning stove. Downstairs, 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 dual sinks, 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 for your family and guests. 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/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. The home comes furnished as is. Pride of ownership is evident throughout the house, as demonstrated by a recent strong home inspection report. This turnkey, unobstructed lake view house at this price point is a very rare find on the mountain. Come see this gem now, and start enjoying your dream lake lifestyle!
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Arrowhead · Single Family Residence
Listed 7.0% above the median closed sale of $840,000. Price per sqft ($332) is a 15% discount to closed comps ($390). Closed comps sold at 100% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 28992 Banff Dr | Lake Arrowhead | 1980 | 3 | 3 | 2,384 | 11,600 | $241 | $574,000 | 465 | 80 |
| 692 Zurich Drive | Lake Arrowhead | 1988 | 3 | 3 | 2,463 | 9,680 | $324 | $799,000 | 465 | 79 |
| 197 Ca-173 | Lake Arrowhead | 1957 | 4 | 3 | 2,312 | 6,230 | $541 | $1.25M | 45 | 77 |
| 28971 North Shore Road | Lake Arrowhead | 1963 | 3 | 3 | 2,402 | 9,900 | $728 | $1.75M | 147 | 73 |
| 473 Annandale Drive | Lake Arrowhead | 1997 | 3 | 3 | 2,434 | 10,024 | $327 | $795,000 | 130 | 73 |
| Total: 5 · Average | 3.2 | 3.0 | 2,399 | 9,486.8 | $432.2 | $1.03M | 250.4 | |||
| Median | 2,402 | $799,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 653 Brentwood Drive | Lake Arrowhead | 1978 | 10/08/2026 | 3 | 3 | 2,738 | 10,160 | $1.25M | $1.20M | $438 | 0.96 | 128 | 79 |
| 27921 West Shore | Lake Arrowhead | 1977 | 08/12/2026 | 4 | 3 | 2,380 | 11,300 | $1.45M | $1.75M | $735 | 1.21 | 209 | 74 |
| 27535 St Bernard Lane | Lake Arrowhead | 1979 | 09/11/2026 | 4 | 3 | 2,834 | 9,000 | $785,000 | $760,000 | $268 | 0.97 | 20 | 74 |
| 888 Talisman | Lake Arrowhead | 1977 | 08/04/2026 | 4 | 3 | 3,012 | 9,600 | $850,000 | $840,000 | $279 | 0.99 | 33 | 74 |
| 615 San Benito | Lake Arrowhead | 1991 | 09/04/2026 | 3 | 3 | 2,487 | 7,800 | $637,500 | $570,000 | $229 | 0.89 | 96 | 73 |
| Total: 5 · Average | 3.6 | 3.0 | 2,690.2 | 9,572 | $1.02M | $1.02M | $389.8 | — | 97.2 | ||||
| Median | 2,738 | $840,000 | $840,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.