Located so close & an easy walk to the beautiful Lake & Lake Arrowhead village. Listen to those wonderful Summer concerts from your Gazebo or one of many decks. Ditch the car & walk to dinner, get groceries or your mail. This home has old Lake Arrowhead charm while featuring modern updates. Currently a successful vacation rental (sold completely furnished) with 5 br & 5 ba (3 are suites). Zoned general commercial residential with Lake Rights, making this property an investors dream. Separate ADU with vaulted ceilings for your own space or sunny artists retreat? Finish the wine cellar and make a tasting room? Additional bright "A frame" attic space to add to the existing charm of this 1932 home. Tall green pines surround this vintage charmer with the most amazing rock fireplace, oh the stories it could tell. Added features include A/C, granite counters, outdoor BBQ on the entertaining patio, newer exterior paint, newer exterior stairs & railing to the balcony, 2 zone heating and A/C, 2 zoned tankless water heaters, updated plumbing, smart lock, Nest thermostat, newer roof, original wood floors yet to be unveiled, EXTRA LOT, loads of parking & an exceptional opportunity to get away and experience & enjoy Lake Arrowhead!