If you are looking for a second home or even a new place to plant your roots, look no further than homes for sale in Lake Arrowhead, California. In Lake Arrowhead, we bring the best parts of an escape vacation town together with proximity to the big city. We know that there are many places you could choose to buy your vacation home or escape destination, but we confidently believe that Lake Arrowhead homes will provide the best bang for your buck and won’t leave you disappointed.
Lake Arrowhead is located just north of San Bernardino, California in the San Bernardino National Forest. The Lake Arrowhead community lies just northeast of Los Angeles County, which makes it a short drive to the city and the beach. With such a prime location, the real estate in Lake Arrowhead, CA feels both connected with the big city and remote enough for those looking to get away from it all. The town is mostly supported by tourism, making it a predominately a scenic mountain resort town.
Lake Arrowhead has done really well through the economic recession and we are starting to see the market grow by leaps and bounds. The prices of homes for sale in Lake Arrowhead, CA have seen a steady increase from a $346,000 median sales price in 2014 to $363,000 in 2015. The market continued to grow in 2016 and still remains a great market to invest in. Lake Arrowhead homes can function as a vacation home and an investment, or more traditionally as a permanent home.
Along with the option of a second home, the market in Lake Arrowhead lends itself really well to vacation rentals. The percent of rental properties in Lake Arrowhead is only about 10 percent, which is well below the national average. The low percentage of rental properties in a high tourism area makes for a high potential for a vacation rental. We are confident that we can keep a vacation rental booked for most of the year.
If you are looking for an escape, the Lake Arrowhead area displays nature at its finest. The natural surroundings make for a great location to escape the loud and busy nature of a city. Lake Arrowhead allows for its residents to truly escape from their everyday life and enjoy a real vacation.
If you are looking into real estate in Lake Arrowhead, CA, please contact our offices or browse the links below for more info.