1170 Klondike, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
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1170 Klondike
Lake Arrowhead, California 92352
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,225Sq Ft
7,800Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$485,202
13% AboveMARKET VALUE
SUMMARY
This Turnkey Mountain Chalet represents a High-Potential Investment Opportunity, currently listed at $549,000. While the list price exceeds the estimated market value, the property offers unique utility through Short-Term Rental Zoning and Deeded Lake Rights. With a Condition Rating of 3, the home is move-in ready, featuring a functional layout and a rare flat, paved driveway. This asset is perfectly positioned for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants desiring a mountain retreat with established recreational access.
Estimated Market Value
$485,202
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1170 Klondike Subject 3 bd · 2 ba · 1,225 sqft · $396 | $549,000* List Price | 3 | 2 | 1,225 | $396 | - |
A 27356 Matterhorn Drive Sold 2 bd · 2 ba · 1,200 sqft · $358 · 0.3 mi | $430,000 | 2 | 2 | 1,200 | $358 | 0.3 mi |
B 807 Grass Valley Sold 2 bd · 2 ba · 1,328 sqft · $327 · 0.5 mi | $434,000 | 2 | 2 | 1,328 | $327 | 0.5 mi |
C 422 Pyramid Sold 3 bd · 2 ba · 1,344 sqft · $408 · 0.9 mi | $549,000 | 3 | 2 | 1,344 | $408 | 0.9 mi |
D 1076 Grass Valley Road Sold 3 bd · 2 ba · 1,656 sqft · $326 · 0.1 mi | $540,000 | 3 | 2 | 1,656 | $326 | 0.1 mi |
E 1285 Yukon Drive Sold 3 bd · 3 ba · 1,397 sqft · $336 · 0.3 mi | $470,000 | 3 | 3 | 1,397 | $336 | 0.3 mi |
F 1164 Klondike Sold 3 bd · 4 ba · 1,666 sqft · $339 · 0.0 mi | $565,000 | 3 | 4 | 1,666 | $339 | 0.0 mi |
G 831 Nadelhorn Active Under Contract 3 bd · 2 ba · 1,296 sqft · $340 · 0.5 mi | $440,000 List Price | 3 | 2 | 1,296 | $340 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1974, the property is well-maintained and move-in ready. The kitchen features a mid-range renovation (approx. 5-15 years old) with stainless steel appliances, stone countertops, and updated backsplash. The home is functional and marketed for immediate short-term rental use.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1225.
- Deeded Lake Rights
Situated within the exclusive Arrowhead Woods boundary, the property includes coveted deeded lake rights, granting owners private access to Lake Arrowhead, trails, and beach club amenities.
- Investment Potential
The home is zoned for short-term rentals and comes fully furnished, offering a turnkey solution for investors or vacation home buyers looking for immediate income-generating opportunities.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 134 days on the market and multiple price reductions, the property may be perceived as stale, requiring a more aggressive strategy to overcome current buyer hesitation.
- Lack of Covered Parking
The conversion of the garage into a finished flex space/game room eliminates protected vehicle storage, which is a significant disadvantage in a high-elevation area prone to heavy snowfall.
About 1170 Klondike
Welcome to your peaceful Lake Arrowhead chalet! Nestled in the San Bernardino National Forest, this fully furnished, move-in-ready 3-bed, 2-bath home (1,225 sq ft on a 7,800 sq ft lot) features coveted lake rights, short-term rental zoning, and seller is open to discussing a 1031 Exchange. This property is also simultaneously available for an 8 to 10-month residential lease at $3,100/month under MLS #OC26218568. Inside, soaring open-beam ceilings, a stone fireplace, and floor-to-ceiling glass windows and doors frame stunning nature views. The smart layout includes a welcoming loft, open kitchen, and an attached finished flex space/game room (formerly the garage). Outside, enjoy the back patio and private, tree-lined yard with custom rock pathways, a storage shed, and a rare, flat paved driveway with ample parking. The Highlights: Now Available for Lease: Open to an 8 to 10-month lease term. Fully furnished and move-in ready. See MLS #OC26218568 for rental details. Deeded Lake Rights: Property sits within the strict Arrowhead Woods boundary, granting legal, deeded privileges to access the private lake, trails, and boating. Homeowners can also opt to join the exclusive Arrowhead Lake Association Beach Club! Zoned for Short-Term Rentals. Seller is open to discussing a 1031 Exchange. Prime Location: Minutes from Lake Arrowhead Village shopping, dining, alpine hiking, and local ski resorts. Don't wait, schedule your tour today! Notes: Digitally rendered twilight photo for illustrative purposes only. Floor plan layout is approximate and for illustrative purposes only. Boundary lines are approximate and for illustrative purposes only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 7,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 1.9 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 5.6 mi
3/10
Charles Hoffman Elementary School
Grades K-5 • 8.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,225 | 1,979.061 |
| Lot Size | 7,800 | 10,277.399 |
| Price | $549.0K | $643.6K |
| Price per sq ft | $448 | $338 |
| Built year | 1974 | 1978 |
| HOA | $0 | $614 |
| Days on market | 150 | 91 |
Pricing History
Listed for Sale
Aug 27, 2026
$549,000
$569,000
-4% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$569,000
$589,000
-3% Price Drop
Initial Listing
Price Change
May 27, 2026
$589,000
Initial Listing
Sold
Aug 12, 2024
$525,000
Public Record
Sold
Aug 28, 2002
$164,000
Public Record
Sold
Nov 2, 2000
$122,000
Public Record