LAKE RIGHTS + WALK TO THE VILLAGE & THE LAKE + POTENTIAL AIRBNB OPPORTUNITY! What truly sets this property apart is its private lower level. Live in the main home while potentially renting the lower level to Airbnb guests. With its own entrance, full kitchen, living and dining areas, bedroom, full bathroom, and indoor laundry, this separate living space offers exceptional flexibility for Airbnb income, guests, extended family, and multigenerational living. Set among towering pines near the lake and within walking distance of Lake Arrowhead Village, this unique 4-bedroom, 2.5-bath home combines classic mountain charm with a highly versatile floor plan, easy access with only 2 steps to the main level, and generous private flat parking for multiple cars. Both levels have their own indoor laundry, adding everyday convenience to this versatile floor plan. A broad, level front area provides additional usable outdoor space and flexibility. Inside, fresh interior paint and new flooring throughout give the home a clean, refreshed feel while preserving its warm mountain character. The main residence features three bedrooms, 1.5 bathrooms, inviting gathering spaces, and a kitchen with new stainless-steel appliances. Step outside to an expansive Trex deck spanning the length of the home, creating a wonderful extension of the living space made for morning coffee, unwinding at the end of the day, lounging outdoors, or entertaining family and friends. Recent improvements include a new 50-gallon water heater, a new water service line from the meter to the home, and replacement of the hot and cold water supply lines beneath the home with PEX. The completed plumbing work includes a transferable 10-year warranty, offering added peace of mind for the next owner. Whether you're seeking a full-time residence, weekend retreat, or a home that offers the potential for additional income, this property combines space, easy access, plentiful parking, lake rights, inviting outdoor living, and walkable proximity to Lake Arrowhead Village. Come discover a mountain home with a rare combination of flexibility, privacy, and potential.