101 Village Bay 1, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 1 bath

101 Village Bay 1
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 101 Village Bay 1, Lake Arrowhead, California 92352 is currently available with a list price of $555,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1981, presents as a well-maintained condominium with several appealing features. The interior showcases updated flooring and a cozy living area with a fireplace and exposed beams, suggesting recent cosmetic improvements. The kitchen, while not brand new, appears functional with wooden cabinetry and standard appliances. The bathroom is clean and appears updated with a modern vanity and fixtures. The property is described as 'turnkey furnished' with high-end furniture, indicating it's move-in ready. The presence of a gated community with a pool and jacuzzi, along with lake rights, adds significant value. However, the absence of central air conditioning and the age of the building (over 40 years) prevent it from reaching 'excellent' status. Overall, it's a solid 'good' condition property that requires no immediate major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Village Location
Exceptional positioning within the heart of the Village, offering unparalleled walkability to restaurants, shops, and the lake, enhancing lifestyle and convenience.
- Lake Rights Included
Ownership includes valuable lake rights, providing access to Lake Arrowhead amenities and recreational opportunities.
- Gated Community Amenities
Access to a community pool and jacuzzi within a secure, gated environment, adding to the property's appeal and value.
CONSRISKS & DEFICIENCIES
- Limited Bedrooms/Baths
With only 2 bedrooms and 1 bathroom, the property may be less suitable for larger families or those requiring more private space.
- Association Fees
The monthly association fee of $520.86 adds to the ongoing cost of ownership and should be factored into the buyer's budget.
- No Central Air Conditioning
The absence of a central cooling system could be a significant drawback for buyers accustomed to air conditioning, especially during warmer months.
About 101 Village Bay 1
BEST LOCATION EVER!!!! ADORABLE LEVEL ENTRY 2 Bedroom Condo IN THE PERFECT LOCATION - Right in the Middle of the Village!! So Close to Restaurants, Stores & THE LAKE!! Corner Unit Has Such a Cute Patio Just a Few Steps Away from the Center Stage for Concerts! Best Spot to Barbecue and Listen the Music! Split Plan Has 2 Generously-Sized Bedrooms and a Full Bath with Tub. Kitchen is Fully Equipped with Everything that You Need to Come up & Start Enjoying! Gated Community Offers a Pool & Jacuzzi too and this Condo Even Has a Garage!! Comes with LAKE RIGHTS too! Furnished with Only the Best High-End Furniture From Timberline in the Glen - Just Bring Your Toothbrush! THIS IS A REALLY GOOD ONE with Easy Living Here. Come and See!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 923 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $520.86 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 923 | 1,353.5 | 8% |
| Lot Size | 923 | 850 | 75% |
| Price | $555.0K | $359.8K | 67% |
| Price per sq ft | $601 | $221 | 75% |
| Built year | 1981 | 1981 | 50% |
| HOA | $520.86 | $570 | 42% |
| Days on market | 110 | 269 | 8% |
Pricing History
Listed for Sale
Jan 8, 2026
$555,000
$565,000
-2% Price Drop
Initial Listing
Price Change
Nov 17, 2025
$565,000
Initial Listing






















