1106 Grass Valley Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 2 bath
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Lake Arrowhead, California 92352
This Renovated Mountain Retreat is a High-Potential Investment Opportunity, listed at $494,900—positioned well below the $660,000 Fair Market Value by 25%. This significant valuation gap provides $165,100 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern kitchen, remodeled bathrooms, and a new heater. With coveted Lake Rights and an expansive forest-view deck, it perfectly balances financial upside with a premium lifestyle. This is an exceptional acquisition for Owner-Occupants or Airbnb Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1106 Grass Valley Road Subject | $494,900* List Price | 4 | 2 | 1,728 | $286 | - |
A 929 Trinity Drive Sold | $520,000 | 3 | 2 | 1,900 | $274 | 0.4 mi |
B 695 Grass Valley Road Sold | $515,000 | 3 | 2 | 1,428 | $361 | 0.6 mi |
C 27300 Bernina Sold | $435,000 | 3 | 2 | 1,422 | $306 | 0.5 mi |
D 414 Grass Valley Sold | $500,000 | 3 | 2 | 1,459 | $343 | 0.9 mi |
E 1242 Evergreen Sold | $525,000 | 3 | 3 | 1,516 | $346 | 0.2 mi |
F 776 Nadelhorn Sold | $539,900 | 3 | 3 | 2,058 | $262 | 0.4 mi |
G 1113 N Grass Valley Active | $625,000 List Price | 4 | 2 | 2,064 | $303 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the property has undergone an extensive recent renovation that meets modern quality standards. The interior features a fully updated kitchen with new stainless steel appliances and quartz countertops, remodeled bathrooms, new luxury vinyl flooring, fresh paint, and updated light fixtures. Additionally, the installation of a new heater with a 10-year warranty addresses major system longevity, making the home virtually new in its interior condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12000, living area = 1728.
Priced at $494,900 with a recent appraisal of $660,000, this property offers an exceptional $165,000 in instant equity, representing a rare value proposition in the Lake Arrowhead market.
The inclusion of coveted Lake Rights through the Arrowhead Lake Association (ALA) provides exclusive access to private lake amenities, significantly boosting both lifestyle appeal and long-term resale value.
Built in 1970, the property may possess older underlying infrastructure or utility systems common to its era that were not addressed in the recent cosmetic and appliance upgrades.
The assigned elementary schools carry relatively low performance ratings (3 and 4 out of 10), which may be a deterrent for families prioritizing high-ranking educational facilities.
Immediately $165,000 in equity! WAW !Property appraised at $660,000, priced $165,000 below appraised value for a quick sale. Welcome to this beautiful, airy modern home nestled in the desirable Deer Lodge Park area of Lake Arrowhead. With Spacious 4 Bedrooms and 2 well-appointed bathrooms, this home offers the perfect blend of style, comfort, and functionality -ideal for year-round living or a luxurious Weekend Escape, or an Airbnb investment. THE PROPERTY INCLUDES LAKE RIGHTS! Please refer to the link:(https://www.ala-ca.org/ (Arrowhead lake association). Step inside to discover an open, inviting concept layout with an abundance of natural light, high ceilings, and sleek contemporary design. The highlight of this home is its expansive deck/balcony -perfect for morning coffee, evening entertaining, or simply soaking in the serene forest views. Whether you’re looking for a peaceful mountain hideaway or a modern space to gather and entertain, this Arrowhead gem is a must for you! This home has undergone lots of upgrades, such as: interior paint, molding, new appliances, new heater with 10-year warranty, new lights, remodeled bathrooms, and much more
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades K-5 • 5.6 mi
Grades K-5 • 8.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,728 | 1,952.5 | 39% |
| Lot Size | 12,000 | 9,857 | 77% |
| Price | $494.9K | $690.0K | 25% |
| Price per sq ft | $286 | $346 | 24% |
| Built year | 1970 | 1978 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 226 | 1% |
Apr 15, 2026
$494,900
$495,000
+0% Price Increase
Initial Listing
Apr 9, 2026
$495,000
Initial Listing