1198 Montreal Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath
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Lake Arrowhead, California 92352
This Spacious Mountain Retreat is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,154,183 Fair Market Value by 4%. This valuation gap offers $54,183 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Granite Kitchen, Expansive Decks, and Coveted Lake Rights. Located in the Rim of the World School District, this property balances lifestyle appeal with financial stability. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a premium mountain asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1198 Montreal Drive Subject | $1,100,000* List Price | 4 | 4 | 3,771 | $297 | - |
A 1211 Yellowstone Drive Sold | $1,345,000 | 4 | 5 | 3,614 | $372 | 0.7 mi |
B 28245 Arbon Lane Sold | $780,000 | 3 | 3 | 2,811 | $277 | 0.4 mi |
C 28834 Zion Drive Sold | $825,000 | 4 | 3 | 2,600 | $317 | 0.4 mi |
D 1254 Calgary Active | $950,000 List Price | 4 | 4 | 3,272 | $290 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1995, the property is well-maintained and move-in ready. It features partial renovations within the last 10-15 years, including granite countertops, stainless steel appliances, and a spa-inspired primary bathroom with a custom tiled walk-in shower. While some cabinetry is original, the overall condition and functional systems meet the 'Good' criteria.
The property includes highly sought-after Lake Rights, providing exclusive access to Lake Arrowhead's private amenities, beaches, and recreational activities, which significantly bolsters long-term value.
With 3,771 square feet of living area and four bedrooms, this home offers a rare scale of interior space and a functional floor plan that is ideal for large families or high-capacity vacation rentals.
Built in 1995, the residence features contemporary comforts like a spa-inspired primary suite and granite kitchen while maintaining mountain charm through soaring beamed ceilings and a striking stone fireplace.
The expansive multi-level wood decks and large 15,200 sqft lot will require significant ongoing maintenance and expense to protect against alpine weather and meet defensible space standards.
As a mountain retreat, the property may present accessibility challenges during heavy snowfall, necessitating consistent snow removal services for the driveway and outdoor living areas.
Lake Arrowhead Retreat with Lake Rights, Expansive Decks and Mountain Charm Welcome to 1198 Montreal Drive, a beautifully maintained mountain retreat located in the highly sought-after Arrowhead Woods community with coveted Lake Rights. Offering approximately 3,771 square feet of living space, this exceptional residence features 4 bedrooms, 3 bathrooms, an attached 2-car garage, and additional driveway parking. Blending mountain character with modern comfort, the home showcases soaring beamed ceilings, spacious living areas, and a striking stone fireplace that creates a warm and inviting atmosphere. Designed for both everyday living and entertaining, the floor plan includes a formal dining room, wet bar, and dedicated laundry room. The spacious kitchen features granite countertops, a center island, abundant cabinetry, stainless steel appliances, and generous workspace for preparing meals and gathering with guests. Large windows throughout the home fill the interior with natural light while framing serene views of the surrounding trees. Outdoor living is equally impressive with expansive decks that provide the perfect setting for morning coffee, outdoor dining, or simply enjoying the peaceful mountain surroundings. The primary suite serves as a private retreat and includes a spa-inspired bathroom with a separate soaking tub and walk-in shower. Located in desirable Arrowhead Woods with Lake Rights, this remarkable property offers access to the private amenities of Lake Arrowhead while being conveniently situated near shopping, dining, outdoor recreation, and year-round mountain activities. A rare opportunity to enjoy spacious mountain living in one of Lake Arrowhead's most desirable communities.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades K-5 • 6.9 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,771 | 2,126 |
| Lot Size | 15,200 | 9,850 |
| Price | $1.10M | $669.1K |
| Price per sq ft | $292 | $346 |
| Built year | 1995 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 0 | 92 |
Jun 10, 2026
$1,100,000
Initial Listing
Dec 7, 2023
$895,000
Public Record
Mar 22, 2001
$415,000
Public Record
Sep 24, 1998
$375,000
Public Record