Lake Arrowhead Real Estate Investments - The fundamentals of investing on the mountain

Here are a few golden nuggets of knowledge about Lake Arrowhead real estate investments that you just can't do without.

Please keep in mind that it is beyond the scope of this site to address every fine detail about investing in a Lake Arrowhead home. A study of Lake Arrowhead listings and a good Lake Arrowhead Realtor will be needed if you plan on investing in the area.

Five things that will instantly add value to your Lake Arrowhead investment!

Here are five things to consider when assessing a Lake Arrowhead home's value. It is important to note that just because a house does not have some of the features discussed on this page does not mean that it is worthless or that it's value will not increase. Generally speaking, Lake Arrowhead real estate and surrounding areas as a whole have shown an impressive increase in value over the past few years.

The Arrowhead Woods and their' included lake rights are coveted!

Knowing the geography of Lake Arrowhead, Ca. property is very important when you begin to look at investment-homes in the area.

The first thing worth noting is that Lake Arrowhead real estate is divided into:

A)The Arrowhead Woods

and

B) The surrounding communities (Blue Jay, Cedar Glen, Skyforest, Twin Peaks, etc.)

There are several reasons that this will be important to you.

You see, Lake Arrowhead is a private lake. In order to be able to launch your boat, own a dock, use the beaches, or fish you must have lake rights. Lake rights are obtainable by purchasing a home in the Arrowhead Woods.

The Arrowhead Woods are essentially just a designated area around the lake that is governed by a few guidelines. An architectural committee, for instance, must okay your architectural plans before you may begin building a house in the Arrowhead Woods.

Most, if not all of the luxury homes in Lake Arrowhead are located in the Arrowhead Woods. As of 2005, it is difficult, if not impossible to find a home in the Arrowhead Woods for under $280,000.

Buliding a garage or carport instantly increases the value of your investment!

Believe it or not, having a garage in Lake Arrowhead is a luxury! Building a garage or carport onto your home can add as much as $25,000 - $50,000 to your investment! It will also protect your vehicles from excessive weather conditions, tree sap, and falling pine cones!

Roads that are paved and maintained by the county can increase the value of your home!

It snows in Lake Arrowhead. Roads that are paved and maintained by the county get plowed. Those that are not, do not get plowed. Therefore, a home that is easily accessed in severe weather conditions is worth more than a home that isn't as easily accessed. If possible try to invest in a home that is easily accessed in severe weather conditions.

A level access entry is a convenience well worth the investment!

Lake Arrowhead is located in the mountains, which possess many hills. Many houses have steep driveways and flights of stairs leading to their' front doors. So a house that has a level access entry is naturally worth more than one that has numerous flights of stairs or a steep driveway leading to the front door. "Grocery day", in particular, makes this a convenience well worth investing into!

Does it have a view of the lake?

Let's not forget why so many people want to live in Lake Arrowhead... it's beautiful! So what could be more beautiful than a house with a view of our majestic lake? Lake views can add as much as $20,000 - $50,000 to the value of your investment-home, and in some cases even more!

Investing in vacation/weekend rental properties

Part-time or weekend investment homes are quite popular in Lake Arrowhead. An investments such as this can easily fetch between $250 - $1000 per weekend. This, of course, depends on the size of the house, location, and other factors like those mentioned above.

You can safely assume that your vacation rental investment will rent out for the following occasions:

-4 days at Thanksgiving

-5 days at Christmas

-6 days at New Year's

-10 weekends per year

-4 additional various holiday weekends

-1 additional week

Some things that can improve your ROI or return on investment are:

-Billiards table/Ping Pong table

-Jacuzzi

-Pet-friendly vacation homes

-sleeping capacity

Investing in full-time rental properties

Investing in full-time rental homes is not as popular in Lake Arrowhead as investing in vacation rentals, nevertheless, there is still a modest demand for them.

A nice 3/2 house in the Arrowhead Woods can fetch anywhere from $900 - $1,100 per month, while a less-than-pleasing 2/1 can easily fetch $500 per month.