***FEDERAL BANKRUPTCY COURT SALE - NO BANK INVOLVED - APPROXIMATELY 60-DAYS FROM DEPOSIT TO CLOSE ESCROW***Welcome to 27547 Alpen Drive, a classic Lake Arrowhead mountain retreat offering panoramic lake and mountain views and full lake rights! This distinctive tri-level home features approximately 2,838 square feet of living space on a spacious 0.37-acre lot in the desirable Arrowhead Woods area. The main residence offers two ensuite bedrooms, a primary suite with a jetted tub overlooking the lake, a versatile den that can serve as a third bedroom, a full guest bathroom, and a cozy loft with built-in sleeping space. The well-equipped kitchen, inviting living areas, and two expansive lake-view balconies create the perfect setting for relaxing or entertaining while enjoying the mountain scenery. An additional lower-level unit features a private entrance, one bedroom, one bathroom, a full kitchen, and its own lake-view deck, offering flexible accommodations for guests or potential rental income. Separate meters and water heaters provide added convenience for the two living spaces. The generous, usable lot offers exciting possibilities for additional parking or future improvements, subject to applicable approvals. Whether you're seeking a full-time mountain residence, a weekend getaway, or an investment opportunity, this Lake Arrowhead property combines scenic views, flexible living arrangements, and coveted lake rights in a beautiful mountain setting.