1 Village Bay 2, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 3 bath
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Lake Arrowhead, California 92352
This Lakefront Condominium represents a Strong Value Opportunity, listed at $1,299,000—positioned above the $1,184,655 Fair Market Value. While priced at a premium, the property offers a rare Level Entry layout, a Chef's Kitchen with Granite Island, and a private End-Slip Boat Dock. With a Condition Rating of 4, the residence is move-in ready but invites cosmetic modernization to maximize its potential. Located in the Rim of the World School District, this is an ideal acquisition for Luxury Vacation Home Buyers or Owner-Occupants seeking a premier, walkable lakefront lifestyle.
Property is moderate renovation needed.
Built in 1982, the property is well-maintained but dated. The kitchen features older oak cabinetry and white appliances, while the bathrooms show 20+ year old finishes including gold-framed shower doors and wallpaper. While move-in ready, it requires cosmetic updates to systems and interiors to meet modern standards.
This rare end-unit offers level entry from the garage and includes a coveted end-slip boat dock, providing immediate and convenient access to lake activities.
The residence features stunning water views from every room and a spacious chef's kitchen with vaulted ceilings, creating an airy and luxurious atmosphere.
Situated in the heart of Lake Arrowhead Village, the property offers unparalleled walkability to premium dining, shopping, and seasonal entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1914, other record living area = 1714. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The monthly association fee of $700, combined with the premium list price, results in significant ongoing carrying costs for the owner.
With only two official en-suite bedrooms, the property may not accommodate larger families as effectively as other multi-bedroom mountain residences.
Don't miss the Best condo buy of the Season! Level entry in to this "park and walk" Lake Front Condo at the sought after Lake Arrowhead Village! This end unit offers absolutely flat entry from the single car garage directly in to a custom appointed residence with amazing water views from every room! The generously sized chef's kitchen boast custom cabinetry and a beautiful large polished granite island open to a vaulted ceiling living room providing spacious entertaining comfort. Both en-suite bedrooms, one on main level, offer water views from even the bed! The lower level family room has even more water views and the ability to have more guest or even a third bedroom suite. Additionally this unit has an improved build up area that can function as a flexible bonus for game room, office, or whatever floats your boat- though we have that covered too! Included in this opportunity is an end slip boat dock just below unit (one of of five) providing a turn key package for summer fun. Bring your toothbrush and you are SET to enjoy the many amenities this condo and location has to offer. Dining, shopping, summer concerts and entertainment are just steps away! Purchase, Park, and ENJOY Lake Arrowhead Today!
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades K-5 • 6.5 mi
Grades K-5 • 6.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,914 | 1,404 | 89% |
| Lot Size | 857 | 857 | 50% |
| Price | $1.30M | $390.0K | 89% |
| Price per sq ft | $679 | $326 | 89% |
| Built year | 1982 | 1981 | 78% |
| HOA | $700.0 | $615 | 89% |
| Days on market | 27 | 189 | 11% |
May 19, 2026
$1,299,000
Initial Listing
May 31, 1990
$48,863
Public Record