7 luxury vacation home deals

Lake Arrowhead, Calif.
Lake Arrowhead, Calif.
Price: $949,000
Bedrooms: 4
Baths: 4
Square feet: 3,646

When the smog and traffic start to weigh on residents of Los Angeles and the surrounding areas, some head 80 miles east to the scenic mountain resort of Lake Arrowhead.

This recently-remodeled home, located on a quarter of an acre near the lake, offers plenty of spaces for relaxing and entertaining, including a family room, formal dining room and a game room with a wet bar.

There are also lots of custom touches throughout, including slate floors, wood-beamed ceilings, a curved staircase and natural-grained woodwork.

The price of the house has been cut by more than a third since four years ago when it was listed for $1.5 million. It has never been used as a rental property but Brady Heuser, the listing agent, said it could probably bring in $3,500 a month, or more if it were rented out on a more short-term basis.

For further information: Trulia


By Les Christie @CNNMoney - Last updated June 18 2012: 11:43 AM ET
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