
Lake Arrowhead, California 92352
This Proven Income-Generating Mountain Asset is listed at $525,000, with a valuation anchored by its successful short-term rental history and $457,565 Fair Market Value. Holding a Condition Rating of 4, the property presents clear value-add potential through the modernization of dated kitchen and bathroom finishes. Key features include sweeping treetop and mountain views, a wrap-around deck, and coveted Lake Rights in Arrowhead Woods. Situated in the Rim of the World district near Mary P. Henck Intermediate, this strategic acquisition is ideal for Vacation Rental Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1256 Grass Valley Subject 3 bd · 3 ba · 1,530 sqft · $299 | $499,000* List Price | 3 | 3 | 1,530 | $299 | - |
A 1285 Yukon Drive Sold 3 bd · 3 ba · 1,397 sqft · $336 · 0.5 mi | $470,000 | 3 | 3 | 1,397 | $336 | 0.5 mi |
B 807 Grass Valley Sold 2 bd · 2 ba · 1,328 sqft · $327 · 0.6 mi | $434,000 | 2 | 2 | 1,328 | $327 | 0.6 mi |
C 27376 Alpen Sold 4 bd · 2 ba · 1,784 sqft · $247 · 0.6 mi | $440,000 | 4 | 2 | 1,784 | $247 | 0.6 mi |
D 460 Pioneer Road Sold 3 bd · 3 ba · 1,856 sqft · $256 · 1.0 mi | $475,000 | 3 | 3 | 1,856 | $256 | 1.0 mi |
E 965 Sandalwood Drive Sold 3 bd · 3 ba · 2,030 sqft · $253 · 0.4 mi | $514,500 | 3 | 3 | 2,030 | $253 | 0.4 mi |
F 975 Teakwood Drive Active 3 bd · 3 ba · 1,600 sqft · $343 · 0.4 mi | $549,000 List Price | 3 | 3 | 1,600 | $343 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is over 45 years old and shows dated interior finishes, particularly in the bathrooms which feature older slate tile countertops and cabinetry. While the home is functional and currently used as a successful short-term rental, the listing description acknowledges the kitchen needs 'refinement over time,' and exterior elements like the deck and driveway show visible wear and aging consistent with a 'Fair' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7750, living area = 1530.
Located in the prestigious Arrowhead Woods subdivision, this property includes coveted Lake Rights, providing exclusive access to private lake amenities and enhancing long-term value.
The home features a strong short-term rental history, making it an attractive turn-key opportunity for investors or owners looking to offset costs through vacation rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1530, other record living area = 1125.
Built in 1979, the kitchen and living spaces are described as functional but likely require cosmetic updates and modernization to maximize the home's full aesthetic potential.
A recent reduction from the original list price of $549,000 to $525,000 may indicate initial overpricing or a need to stimulate buyer interest in a competitive segment.
Picture your mornings here: coffee in hand, looking out past the treetops toward the mountains, with nothing on the schedule but deciding how to spend the day. That's the rhythm this Lake Arrowhead home—with lake rights—sets. Upstairs, the living space centers around those views—treetops and mountain peaks framing the room like a living painting. It's the kind of spot that works just as well for a quiet Sunday as it does for a house full of guests. The kitchen sits right where you want it, and the main-level suite means no stairs when you're ready to call it a night. With three bathrooms spread throughout, there's never a lineup, even when the place is full. But the real surprise is downstairs. The oversized game room practically begs for a purpose—is it game night? A movie room? A second hangout space where kids and adults can split off? After a day on the water, it's the kind of room where everyone naturally ends up, shoes off, laughing about who fell off the tube. Whether this becomes your full-time home or your escape from everything below the mountain line, the layout bends to fit your life. And priced to move? That's the part worth acting on. Some opportunities don't wait for a second look.
No exterior & parking available.
Grades PK-5 • 2.0 mi
Grades K-5 • 5.5 mi
Grades K-5 • 8.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,530 | 1,979.061 |
| Lot Size | 7,750 | 10,277.399 |
| Price | $499.0K | $643.6K |
| Price per sq ft | $326 | $338 |
| Built year | 1979 | 1978 |
| HOA | $0 | $614 |
| Days on market | 260 | 91 |
Jul 16, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
Mar 20, 2026
$525,000
$549,000
-4% Price Drop
Initial Listing
Feb 6, 2026
$549,000
Initial Listing
Oct 24, 2022
$510,000
Public Record
Dec 24, 2007
$249,000
Public Record
Aug 31, 2006
$470,000
Public Record
Apr 12, 2006
$336,000
Public Record
Jul 25, 2001
$190,000
Public Record
Apr 27, 2001
$8,000
Public Record