Lake view with opportunities for multiple investments! Located in beautiful Lake Arrowhead, with LAKE RIGHTS, this pride of ownership 4 bedroom 3 bathroom home has it all! Lake view, attached oversized 2 car garage, Mother-in-law quarters with its own separate entrance, seasonal stream, fenced in play yard, lighted gazebo, and fully landscaped yard with fruit trees and rose bushes. Walk in to the main level with half bath, laundry, living room, kitchen overlooking the dining area, and lower back deck. The kitchen offers tons of storage with cupboards and a walk-in pantry. Entertain guests or have a meal with the family in the large dining area including a buffet table and bay window overlooking the play yard, with easy access to the back deck for possible BBQ events. The living room provides ample space for gathering around a cozy fire, enjoying a movie on the mounted TV, or reading a good book in the bay window facing the lake. The second floor contains 3 bedrooms, one with its own private deck, full bath, and separate entrance to the Mother-in-law quarters on the upper level! There you will find a kitchenette, bedroom with walk-in closet space and en-suite bath, plus the bonus room with wood burning stove and private deck with lake view! From here you can enjoy the Fourth of July fireworks and The Village concerts without leaving the comfort of your own home! To top it all off, the beautifully landscaped yard is gated by wrought-iron fencing and contains a custom built play yard and gazebo! Amazing curb appeal in all four seasons, with easy access on one of the first plowed roads, tons of sun, and beautiful exterior lighting to showcase the home at night! Not to mention the home has been repainted inside and out, new exterior doors and slider installed in 2024, a Generac whole house generator and permitted back decks installed in 2023, roof and hot water heater replaced in 2022, and don’t forget the new electrical box with 220 volt wiring outside of the garage for RV or EV charging! Move in full time, rent out the upper level, use as a vacation home, short term rental, or take over the current daycare business for immediate income! *Buyer to do their own due diligence on obtaining permits for Short term rental and daycare business.