
Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $775,000—positioned well above the $707,412 Fair Market Value by -9%. Featuring a Condition Rating of 5, this 1977-built home requires a full rehab to modernize its dated interior. However, the Panoramic Lake Views, Exclusive Lake Rights, and Large 12,222 sqft Lot provide significant upside for forced appreciation. This asset is ideal for Value-Add Investors or Contractors capable of executing a comprehensive renovation to unlock the property's full mountain-living potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1239 Yosemite Subject | $775,000* List Price | 4 | 4 | 2,056 | $340 | - |
A 28245 Arbon Lane Sold | $780,000 | 3 | 3 | 2,811 | $277 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 (47+ years old) with no evidence of major renovations. Interior images show original wood paneling, popcorn ceilings, and dated carpeting throughout. Based on the criteria for properties over 30 years old without significant updates to kitchens, baths, or systems, this home requires a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12222, living area = 2056.
The property features exceptional panoramic lake views from nearly every level, a high-value asset that maximizes the mountain-living experience and enhances resale potential.
Includes coveted lake rights and the rare opportunity to purchase a dock slip, providing essential access to Lake Arrowhead's private recreational amenities and boating lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1977, the home may require significant cosmetic updates or system modernizations to meet the expectations of buyers looking for contemporary luxury finishes.
The three-level architectural design involves multiple flights of stairs, which may be a deterrent for buyers with mobility concerns or those seeking a more accessible layout.
Experience mountain lake living at its finest in this three-level Lake Arrowhead retreat, offering breathtaking panoramic lake views from nearly every level. Perfectly positioned to capture the beauty of the water year-round, this spacious 4-bedroom, 3.5-bath home blends comfort with the ultimate mountain lifestyle. The expansive deck is the perfect place to relax with your morning coffee, entertain guests, or unwind while taking in unforgettable sunsets over the lake. Inside, the thoughtfully designed floor plan provides generous living spaces across three levels, offering plenty of room for family and friends to gather while maintaining privacy. With this home you'll enjoy coveted lake rights, giving you access to one of Southern California's most exclusive private lakes. For boating enthusiasts, a dock slip is also available for purchase, creating a rare opportunity to enjoy effortless days on the water. Whether you're searching for a full-time residence, weekend escape, or investment property, this exceptional home delivers the perfect combination of spectacular views, spacious living, and the unmatched Lake Arrowhead lifestyle.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades K-5 • 6.6 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,056 | 2,015.827 |
| Lot Size | 12,222 | 10,163.827 |
| Price | $775.0K | $655.9K |
| Price per sq ft | $377 | $341 |
| Built year | 1977 | 1980 |
| HOA | $0 | $544 |
| Days on market | 50 | 78 |
Jul 21, 2026
$775,000
Initial Listing