33064 Arrowbear, Running Springs, CA 92382 | MLS #OC26114383 | Willis Allen Real Estate
 
  • 33 days on site
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INCREDIBLE INVESTMENT OPPORTUNITY – FULLY TURNKEY SHORT-TERM RENTAL. Stop looking for potential and start collecting cash flow. This beautifully renovated mountain escape in Arrowbear, CA, isn’t just a home; it’s a high-performing asset. Currently operating as a successful short-term rental, this property averages over $44,000 in annual revenue, offering an exceptional return in a high-demand vacation market. This property shows proven performance; Consistently net-positive year-over-year with earnings report available in the supplements. A seamless transition for any buyer; Sold fully furnished with all appliances, furniture and spa included. It even has Permit Advantage; Currently holding an active STR permit easily transferable to new owners. Additionally, its modern updates renovated with a contemporary design aesthetic help maximize appeal directly to renters. Step inside to a bright, open layout featuring stylish finishes and functional cabin charm that guests love. The private outdoor spa is the ultimate selling point for guests after a day of hiking or skiing. Whether you are looking for a high-performing investment or a personal retreat, this property checks every box. To ensure a seamless transition, the seller can provide a full contact list of their local team, including: A Professional Cleaning Crew, Dedicated Spa/Hot Tub Maintenance, Pest Control Services, Maintenance & Utilities Contacts. In addition, this property includes three lots. The house itself is on lot 29. Lots 27 and 28 makeup the backyard space. Giving the new owner the opportunity and potential to use each lot however they desire. Seller Note: This property is only being offered due to a professional relocation out of state. Don’t miss this rare chance to own a design-forward, income-generating mountain home in the heart of Arrowbear.

Source: CRMLS, MLS#: OC26114383

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  • Property Type
    Residential
  • Lot
    0.15 acres

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  • Median Age
    40
  • Population Density
    319
  • College Educated
    39%
  • Estimated Median Income
    $66,011
  • Estimated Total Home Owners
    1,232
  • Estimated Total Renters
    517
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    4,816
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 33064 Arrowbear


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: CRMLS Price Reduction
$264,800 -0.0%
5/27/2026Source: CRMLS Added to Database
May 27, 2026
Listing provided courtesy of Balboa Real Estate, IncBrooke Wheat- MLS# OC26114383MLS ProviderContact Information: [email protected] - 949-247-8811