
Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $529,000—positioned well above the $466,680 Fair Market Value by 13%. While the price reflects a premium, the property offers significant value through its 4-bedroom layout, attached two-car garage, and expansive desert views. With a Condition Rating of 4, the home is move-in ready but offers substantial upside for cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1284 Cortina Subject 4 bd · 3 ba · 1,527 sqft · $306 | $529,000* List Price | 4 | 3 | 1,527 | $306 | - |
A 1285 Yukon Drive Sold 3 bd · 3 ba · 1,397 sqft · $336 · 0.7 mi | $470,000 | 3 | 3 | 1,397 | $336 | 0.7 mi |
B 1341 Calgary Drive Sold 3 bd · 2 ba · 1,204 sqft · $328 · 0.5 mi | $395,000 | 3 | 2 | 1,204 | $328 | 0.5 mi |
C 27376 Alpen Sold 4 bd · 2 ba · 1,784 sqft · $247 · 0.9 mi | $440,000 | 4 | 2 | 1,784 | $247 | 0.9 mi |
D 1353 Golden Rule Lane Sold 3 bd · 2 ba · 1,676 sqft · $257 · 0.7 mi | $430,000 | 3 | 2 | 1,676 | $257 | 0.7 mi |
E 28223 North Bay Active 3 bd · 3 ba · 1,527 sqft · $409 · 0.4 mi | $625,000 List Price | 3 | 3 | 1,527 | $409 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the home is over 40 years old and features a highly dated interior that is functional but needs cosmetic updates. The kitchen has been basic-refreshed with painted cabinets and a stainless steel refrigerator, but retains older appliances. The bathrooms and living areas feature original 1980s wood-clad paneling and vintage fixtures, though the property appears well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8420, living area = 1527.
The property features a rare attached two-car garage and a secondary driveway for boat parking, providing exceptional convenience and utility for the mountain terrain.
Includes coveted Lake Arrowhead rights and offers expansive, long-range desert and mountain views from the 'sunny side' of the lake.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 1980s construction and extensive wood-clad walls may feel dated to modern buyers, likely requiring cosmetic updates to brighten the living spaces.
Local elementary schools carry lower performance ratings (3-4), which may be a consideration for families with school-aged children.
Lake rights, sweeping desert views, and a rare attached two-car garage give 1284 Cortina Drive a combination that is especially hard to find in Lake Arrowhead. Set on the "sunny side" of the lake, this unique property captures expansive long-range views that stretch beyond the pines and out toward the desert, creating a dramatic backdrop sunrise through sunset. Inside, classic wood-clad walls bring warmth and character to the living room, while four bedrooms, including two primary suites, offer generous space for family, guests, and relaxed mountain living. One of the primary suites continues the home’s signature mountain aesthetic with its own rich wood-clad walls. The other, a spacious walk in closet and those views! The attached two-car garage adds a level of everyday ease that is invaluable in the mountains, with protected parking, direct access, and practical year-round functionality. Beneath the home, a substantial unfinished bonus area offers excellent storage now and exciting potential for future expansion. Just below, a secondary driveway offers parking for guests or your boat. An outdoor bathtub adds an unexpected, romantic touch, creating a private place to soak beneath the trees and stars. With lake rights and a location close to Tavern Bay Beach Club, this is a home that connects you to the best of Lake Arrowhead while still feeling private, peaceful, and distinctly its own.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades K-5 • 6.7 mi
Grades K-5 • 7.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,527 | 1,979.061 |
| Lot Size | 8,420 | 10,277.399 |
| Price | $529.0K | $643.6K |
| Price per sq ft | $346 | $338 |
| Built year | 1980 | 1978 |
| HOA | $0 | $614 |
| Days on market | 32 | 91 |
Sep 22, 2026
$529,000
Initial Listing
Jun 22, 2022
$537,500
Public Record
Aug 30, 1999
$145,000
Public Record