Rare Opportunity in Arrowhead Villas - Two Homes on One Lot with Additional Private Living Space. This unique, fully updated property offers two separate residences on a single APN, each with its own entrance, and separate electric, gas, and water meters - creating a rare opportunity for strong income, multi-generational living, or flexible use. The primary residence features 3 bedrooms and 2.5 baths with vaulted beamed ceilings, a classic rock fireplace, and an open-concept layout. The lower level includes a separate-entry mother-in-law suite with kitchenette, providing additional private living space ideal for extended family or supplemental income. The second residence is a well-appointed 2-bedroom, 2-bath home with its own distinct feel, updated finishes, and peaceful mountain and forest surroundings. Additional features include multiple decks with ridgeline and forest views, updated systems including A/C and smart thermostat, and ample off-street parking. Situated in Arrowhead Villas just minutes from Lake Arrowhead Village, SkyPark, and year-round mountain recreation. Tenant-occupied; interior showings scheduled after accepted offer. Buyer to verify all information including use, zoning, and potential for future separation.