1256 Grass Valley, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath

1256 Grass Valley, Lake Arrowhead, California 92352 home-pic-0

1256 Grass Valley

Lake Arrowhead, California 92352

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,530Sq Ft
7,750Lot Size

Property Price

LIST PRICE$549,000
EST. MARKET VALUE
$483,059
13% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$483,059
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1256 Grass Valley
Subject
$549,000*
List Price
321,530$316-
A
1192 Evergreen Lane
Sold
$468,000321,630$2870.2 mi
B
26669 Modoc Lane
Sold
$550,000321,760$3130.8 mi
C
1033 Nadelhorn Drive
Sold
$615,000331,700$3620.6 mi
D
884 Grass Valley Road
Sold
$660,000331,805$3660.5 mi
E
1096 Nadelhorn Drive
Sold
$685,000331,994$3440.5 mi
F
523 Pioneer
Sold
$450,000321,344$3350.9 mi
G
117 A
Active
$499,000
List Price
321,560$3200.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1979, this property is well-maintained and currently operates as a successful rental, but it retains a 'simple, functional' kitchen and interior that the listing suggests is ready for customization. It fits the 'fair' criteria as an aged home (45 years old) that is functional through regular upkeep but lacks recent major renovations to its primary systems and aesthetic features.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    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.

  • Proven Rental Income

    The property is already a successful short-term rental, offering an immediate opportunity for investors or second-home buyers to offset ownership costs.

  • Scenic Mountain Views

    Positioned to capture serene, long-distance treetop and mountain views, the home provides the quintessential alpine atmosphere that drives high guest demand.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1530, other record living area = 1125.

  • Potential for Modernization

    The kitchen and interior are described as functional and simple, suggesting that updates may be necessary to compete with higher-end modern mountain retreats.

  • Aging Infrastructure

    Built in 1979, the home may require ongoing maintenance or capital improvements to its original systems and exterior to preserve its long-term value.

About 1256 Grass Valley

Experience the quiet beauty of Lake Arrowhead mountain living in this inviting retreat, perfectly positioned to capture serene, long-distance treetop and mountain views that create a true sense of escape. Mornings begin with crisp alpine air and expansive scenery, while evenings settle into peaceful sunsets and star-filled skies an atmosphere guests return to again and again. The main living space feels warm and welcoming, designed to showcase the surrounding landscape and provide comfortable everyday living or relaxing weekend stays. The kitchen offers a simple, functional layout, ready for immediate enjoyment with the opportunity to customize over time. Downstairs, a spacious game room provides flexible recreation space ideal for entertaining, gathering with friends, or creating memorable guest experiences. Most importantly, this home is already a successful short-term rental, offering buyers a meaningful opportunity to offset ownership costs while enjoying personal mountain getaways. With strong guest appeal driven by privacy, scenery, and flexible living space, the property blends lifestyle and investment in one compelling package. Whether you’re searching for a peaceful full-time retreat, weekend escape, or income-producing mountain property, this home delivers the tranquil views, quiet setting, and proven rental potential that define the best of Lake Arrowhead living.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
7,750 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Lake Arrowhead Unified Schools

Lake Arrowhead Elementary School

Grades PK-5 • 2.0 mi

4/10

Valley Of Enchantment Elementary School

Grades K-5 • 5.5 mi

3/10

Charles Hoffman Elementary School

Grades K-5 • 8.4 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
41%
Square foot1,5301,971
24%
Lot Size7,7509,752
22%
Price$549.0K$677.5K
33%
Price per sq ft$359$342
55%
Built year19791977
57%
HOA$0$0
50%
Days on market29236
0%

Pricing History

Listed for Sale

Feb 6, 2026

$549,000

Initial Listing

Sold

Oct 24, 2022

$510,000

Public Record

Sold

Dec 24, 2007

$249,000

Public Record

Sold

Aug 31, 2006

$470,000

Public Record

Sold

Apr 12, 2006

$336,000

Public Record

Sold

Jul 25, 2001

$190,000

Public Record

Sold

Apr 27, 2001

$8,000

Public Record

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