
Lake Arrowhead, California 92352
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $995,000—positioned well above the $886,131 Fair Market Value by 12%. While the property requires modernization to address its Condition Rating of 4, it offers significant upside through its Panoramic Mountain Views, Lake Rights, and a spacious 2,661 sqft floor plan. The home provides a tranquil retreat for those prioritizing lifestyle, though buyers should account for renovation costs to align with current market standards. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1251 Kodiak Drive Subject | $995,000* List Price | 3 | 3 | 2,661 | $333 | - |
A 27808 Alpen Drive Sold | $750,000 | 4 | 4 | 2,858 | $262 | 0.2 mi |
B 1034 Teakwood Sold | $883,000 | 4 | 3 | 2,754 | $321 | 0.8 mi |
C 892 Nadelhorn Drive Sold | $820,000 | 3 | 3 | 2,588 | $317 | 0.8 mi |
D 28245 Arbon Lane Sold | $780,000 | 3 | 3 | 2,811 | $277 | 0.6 mi |
E 888 Talisman Sold | $840,000 | 4 | 3 | 3,012 | $279 | 0.6 mi |
F 1027 Pintail Circle Sold | $1,014,750 | 3 | 4 | 2,635 | $385 | 0.9 mi |
G 27454 Matterhorn Drive Active | $799,500 List Price | 3 | 3 | 2,969 | $269 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (26 years old), the property is well-maintained but reflects its original era. While the kitchen has been partially updated with stainless appliances, the bathrooms feature dated gold-trimmed fixtures and carpeted flooring, and the overall aesthetic requires modernization to meet current market standards.
The property includes highly coveted Lake Rights, providing exclusive access to private lake amenities and significantly enhancing the home's recreational and resale value.
The residence offers stunning panoramic views of the mountains and surrounding woods, delivering the tranquil and scenic atmosphere sought after in the Lake Arrowhead area.
Built in 2000 with 2,661 square feet of living space, this home offers a more contemporary build and larger footprint compared to many of the older, smaller cabins in the region.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9147, other record lot size in square feet = 9350.
The assigned elementary schools carry lower performance ratings (3 and 4), which may be a concern for families prioritizing top-tier educational facilities.
The list price of $995,000 is a substantial jump from the 2019 sale price of $575,000, which may lead to buyer scrutiny regarding current market valuation and appraisal.
Discover this remarkable house located in Lake Arrowhead, CA. This inviting property promises a tranquil lifestyle surrounded by nature's beauty. Nestled amidst lush greenery, the house accords a serene retreat, appropriate for those seeking a peaceful and private living environment. The exterior boasts a charming design, complemented by the backdrop of towering trees and the serene ambiance of Lake Arrowhead. Inside, the house is designed to blend comfort with functionality, providing ample space for relaxation and entertaining. This property is a wonderful opportunity to enjoy the natural beauty and serene atmosphere of Lake Arrowhead, making it a desirable residence for those who appreciate a harmonious blend of indoor and outdoor living. Lake Rights included with this home.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades K-5 • 6.4 mi
Grades K-5 • 7.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,661 | 2,015.827 |
| Lot Size | 9,147 | 10,163.827 |
| Price | $995.0K | $655.9K |
| Price per sq ft | $374 | $341 |
| Built year | 2000 | 1980 |
| HOA | $0 | $544 |
| Days on market | 11 | 78 |
Aug 29, 2026
$995,000
Initial Listing
Feb 21, 2019
$575,000
Public Record
Jan 15, 2016
$500,000
Public Record
Oct 23, 2009
$475,000
Public Record
Jun 7, 2002
$465,000
Public Record
Dec 15, 2000
$410,000
Public Record
Jun 4, 1999
$46,000
Public Record