1232 Aleutian Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
Loading property details...
Lake Arrowhead, California 92352
This Turnkey Mountain Retreat is a High-Potential Investment Opportunity, listed at $629,000—positioned above the $560,524 Fair Market Value. While priced at a premium, the property maintains a Fair Condition Rating and offers immediate income potential as a permitted short-term rental with a proven track record. Featuring panoramic mountain views, a spacious deck, and coveted Lake Rights, this residence provides a turnkey lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a fully furnished, income-generating mountain escape in the Rim of the World district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 Aleutian Drive Subject | $629,000* List Price | 3 | 3 | 1,668 | $336 | - |
A 1096 Nadelhorn Drive Sold | $685,000 | 3 | 3 | 1,994 | $344 | 0.4 mi |
B 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.1 mi |
C 735 Bishorn Drive Sold | $589,000 | 4 | 2 | 1,300 | $453 | 0.6 mi |
D 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.7 mi |
E 975 Teakwood Drive Active | $555,000 List Price | 3 | 3 | 1,600 | $347 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old, placing it in the 'Fair' category based on age (>20y). While the home is described as turnkey and well-maintained, the kitchen features dated tile countertops and original cabinetry from the early 2000s. Major systems like HVAC and electrical are likely original and approaching the end of their typical 20-25 year functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8950, living area = 1668.
The property is sold fully furnished with a permitted short-term rental license and a proven track record of over 100 positive reviews, making it an immediate income-generating asset or ready-to-use vacation home.
Located in the Arrowhead Woods subdivision, this residence includes highly desirable Lake Rights, granting exclusive access to private lake amenities, which significantly bolsters property value and lifestyle appeal.
Situated on a privately maintained access road, the owner may face additional responsibilities or shared costs for snow removal and long-term road repairs compared to county-maintained streets.
The assigned elementary schools have relatively low ratings (3 and 4), which may be a drawback for families looking to use the property as a primary residence.
Room with a View...and Lake Rights, Too! Tucked among the towering pines, the home boasts stunning panoramic views! This turnkey home is newer 2003 construction, and the 3 bed, 2.5 bath residence features approximately 1668 sf, of thoughtfully designed living space. Complete with the Convenient 1 car garage plus parking deck, and room for all with extra parking on area below. Inside, the soaring ceilings, rich wood flooring, custom millwork, and stunning stone fireplace create a warm and welcoming atmosphere ideal for both everyday living and weekend escapes. The open concept kitchen flows seamlessly into the main living area and out to the spacious deck with a retractable awning, providing the perfect setting for morning coffee, outdoor dining or relaxing among the treetops to take in the breathtaking views of nature at its best. This stylish residence comes fully furnished with a king bed in Primary Suite, queen bed in second bedroom and double bunk beds perfect for extra guests or big families, and a fully stocked kitchen as well. This standout property is immediately ready for full time residence a weekend mountain vacation home or an established short term rental investment. Experience the best of Lake Arrowhead living at this beautifully maintained and appointed mountain retreat with coveted Lake Rights with a permitted short term rental license. Situated on a privately maintained access road, the property enjoys a tranquil setting while remaining conveniently close to Lake Arrowhead Village, hiking trails, the country club, dining, shopping and year-round recreation. With over 100 raving reviews of the vacation rental, it's easy to see why this home is a true gem.
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades K-5 • 5.7 mi
Grades K-5 • 8.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,668 | 2,126 |
| Lot Size | 8,950 | 9,850 |
| Price | $629.0K | $669.1K |
| Price per sq ft | $377 | $346 |
| Built year | 2003 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 45 | 92 |
Jun 7, 2026
$629,000
Initial Listing
Jun 9, 2023
$540,000
Public Record
Aug 6, 2021
$647,000
Public Record
Jun 16, 2016
$379,000
Public Record
Mar 5, 2010
$297,000
Public Record