Lake views, vaulted ceilings and an active short term rental permit. Where modern mountain luxury meets timeless rustic charm, welcome to 294 Grizzly Drive—a beautifully remodeled Lake Arrowhead retreat that captures everything there is to love about mountain living. Nestled among towering, historic pine and cedar trees, this inviting home offers soaring vaulted ceilings, picturesque lake views, thoughtfully designed living spaces, and the perfect blend of elevated style and cabin character. The main level welcomes you with a stunning modern mountain aesthetic, featuring warm natural textures, beautiful finishes, an inviting fireplace, and an abundance of natural light. The luxurious kitchen remodel pairs crisp cabinetry, stone surfaces, and sophisticated details with effortless functionality. A convenient main-level bedroom and full bathroom offer flexibility for guests and everyday living, with direct access to the one of a kind backyard. Upstairs, two additional bedrooms and a light-filled loft create a peaceful retreat, where dramatic vaulted ceilings and beautiful lake views provide the perfect backdrop for morning coffee or unwinding after a day on the lake. Downstairs, discover an entirely different kind of mountain magic. The spacious bar and bonus room embrace the warmth and character of a true mountain lodge, with rich wood interiors, exposed beams, a cozy fireplace, and plenty of room to gather, entertain, or settle in for a movie night. Step outside to your own private mountain escape, where the beautifully designed backyard is made for entertaining and enjoying the outdoors. Soak beneath the stars in the hot tub, gather around the fire pit with integrated concrete bench seating, enjoy al fresco meals in the dedicated dining area, or simply relax and take in the peaceful surroundings. With room to spread out beneath majestic pines and cedars, this outdoor sanctuary is equally suited for lively gatherings and quiet mountain evenings. Beyond its undeniable charm, the home offers exceptional practicality with two large laundry rooms, ample parking, 3 zone central air conditioning, a Generac generator, and coveted Lake Arrowhead lake rights. With an established short-term rental history and active permit, this property offers exciting possibilities as a full-time residence, personal getaway, or income-producing mountain retreat.