1227 Portillo Lane, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
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Lake Arrowhead, California 92352
This Arrowhead Woods Builder-Owned Cabin is a strategic Value-Add Asset featuring highly coveted Lake Rights. Listed at $585,000, the property sits above the $444,565 Fair Market Value, reflecting the rare expansion opportunity and pristine single-family history. With a Condition Rating of 5, the original 1985 finishes and wooded views provide a clean architectural canvas for a high-ROI renovation. The expansive 11,700 sqft lot and proximity to Lake Arrowhead Elementary offer significant long-term appreciation potential. This is an ideal project for Value-Add Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1227 Portillo Lane Subject | $585,000* List Price | 3 | 3 | 1,760 | $253 | - |
A 28252 Bern Lane Sold | $545,000 | 4 | 3 | 1,870 | $291 | 0.2 mi |
B 1310 Montreal Drive Sold | $530,000 | 3 | 2 | 1,728 | $307 | 0.2 mi |
C 1159 Yellowstone Sold | $492,500 | 3 | 3 | 1,441 | $342 | 0.9 mi |
D 28691 Quebec Sold | $585,000 | 3 | 3 | 1,911 | $306 | 0.5 mi |
E 27581 St Bernard Sold | $485,000 | 3 | 2 | 1,344 | $361 | 1.0 mi |
F 1419 Calgary Active | $610,000 List Price | 3 | 3 | 1,592 | $383 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 and described as being in 'original condition,' the property is 39 years old without interior updates. While well-maintained, the kitchen and bathrooms are nearly four decades old and require full modernization/rehab to meet current standards, placing it in the poor category based on age and lack of renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11700, living area = 1760.
Located in the desirable Arrowhead Woods, this property includes highly sought-after Lake Rights, providing exclusive access to private lake amenities and significantly enhancing long-term value.
As a builder-owned retreat never used as a rental, the home has been meticulously maintained by a single family since 1985, ensuring a level of care and structural integrity rarely found in mountain cabins.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1760, other record living area = 1280.
The home is preserved in its original 1985 state, which will require a significant budget for cosmetic modernization and upgrades to meet contemporary luxury standards.
Local elementary and middle schools carry average to below-average ratings, which may be a drawback for buyers looking to establish a primary residence for school-aged children.
Offered for the first time since its construction in 1985, this privately held builder-owned cabin presents a rare opportunity in Arrowhead Woods possessing those coveted Lake Rights. Built and lovingly maintained by its original owners and never operated as a rental property, the home has served exclusively as a family mountain retreat for nearly four decades, a distinction that is increasingly uncommon in today’s market. Situated on just over a quarter acre with easy year-round access, the 1,760-square-foot home features 3 bedrooms and 2.5 bathrooms within a classic custom cabin-style design. Preserved in its original condition, the home offers authentic mountain character and a clean architectural canvas for thoughtful modernization, while the 2-car parking deck and stairs have just undergone full renovation. The lot provides privacy and usable space, while its Arrowhead Woods location grants access to Lake Arrowhead’s private amenities, a significant advantage for both lifestyle and long-term value. Fully furnished and waiting for the next chapter, welcome home! But wait... Transform this retreat into a true family legacy; with two additional vacant lots available on the same street, a unique opportunity exists to build out the ultimate multi-generational escape. *Professional photos coming soon*
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades K-5 • 7.1 mi
Grades K-5 • 7.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,760 | 1,952.5 | 42% |
| Lot Size | 11,700 | 9,857 | 74% |
| Price | $585.0K | $690.0K | 36% |
| Price per sq ft | $332 | $346 | 43% |
| Built year | 1985 | 1978 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 226 | 4% |
Feb 26, 2026
$585,000
Initial Listing