
Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $749,999—positioned well below the $749,202 Fair Market Value (effectively at market). While the home carries a Poor Condition Rating due to its 1977 vintage interior, the Panoramic Lake Views and Exclusive Lake Rights provide significant upside for modernization. The three-level layout and large lot offer a blank canvas for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project to build long-term equity in Lake Arrowhead.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1239 Yosemite Subject 4 bd · 4 ba · 2,056 sqft · $364 | $749,999* List Price | 4 | 4 | 2,056 | $364 | - |
A 1287 Sequoia Drive Active 3 bd · 3 ba · 2,100 sqft · $342 · 0.3 mi | $719,000 List Price | 3 | 3 | 2,100 | $342 | 0.3 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 significant renovations in the last 30 years. The interior is a 'time capsule' featuring original 1970s elements including popcorn ceilings, dated carpeting, and flat-panel wood closet doors. While the home appears well-kept, the age of the structure and lack of visible updates to the kitchen, baths, or systems place it in the poor category according to the age-based criteria, necessitating a full rehab for modernization.
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 offers exceptional, multi-level lake and mountain views, a premium feature that significantly enhances its value and appeal as a mountain retreat.
Situated in Arrowhead Woods, this home includes coveted lake rights and the rare opportunity to purchase a dock slip, providing elite access to private lake amenities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 93 days on the market and a recent price reduction, the property is experiencing slower momentum, which may indicate a misalignment with current buyer price expectations.
Built in 1977, the home may require capital improvements or modernization of its original systems and finishes to compete with newer or fully renovated luxury listings in the area.
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 | 3.4 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,056 | 1,979.061 |
| Lot Size | 12,222 | 10,277.399 |
| Price | $750.0K | $643.6K |
| Price per sq ft | $365 | $338 |
| Built year | 1977 | 1978 |
| HOA | $0 | $614 |
| Days on market | 95 | 91 |
Sep 29, 2026
$749,999
$775,000
-3% Price Drop
Initial Listing
Jul 21, 2026
$775,000
Initial Listing