
Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $719,000—positioned above the $649,449 Fair Market Value. While the property requires a strategic approach, it offers significant upside through its Panoramic Mountain Views, Lake Rights, and a roughed-in build-up area for expansion. With a Condition Rating of 4, the home is functional but ready for modernization. This asset is ideal for Value-Add Investors or Owner-Occupants looking to build equity through cosmetic updates and square footage expansion in a prime Lake Arrowhead location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1287 Sequoia Drive Subject 3 bd · 3 ba · 2,100 sqft · $309 | $719,000* List Price | 3 | 3 | 2,100 | $309 | - |
A 1023 Pintail Circle Sold 3 bd · 3 ba · 2,304 sqft · $289 · 0.5 mi | $665,000 | 3 | 3 | 2,304 | $289 | 0.5 mi |
B 1348 St Anton Sold 3 bd · 2 ba · 2,319 sqft · $332 · 0.7 mi | $770,000 | 3 | 2 | 2,319 | $332 | 0.7 mi |
C 1181 Voltaire Sold 4 bd · 3 ba · 2,010 sqft · $284 · 0.8 mi | $570,000 | 4 | 3 | 2,010 | $284 | 0.8 mi |
D 1360 Montreal Active 3 bd · 3 ba · 1,896 sqft · $382 · 0.3 mi | $725,000 List Price | 3 | 3 | 1,896 | $382 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is dated with an original kitchen featuring oak cabinetry and tile countertops. While the home is well-maintained and functional, it exceeds the 20-year threshold for original finishes and requires cosmetic updates and modernization of systems to meet current standards.
The property boasts breathtaking city light views and sunsets over the Pinnacles, paired with highly desirable lake rights to private Lake Arrowhead, significantly increasing its recreational value.
Featuring a rare level entry and an attached two-car garage with direct kitchen access, this home provides essential convenience and safety during snowy mountain winters.
With a roughed-in build-up area and more interior space than reflected in county records, the property offers a unique opportunity for buyers to add square footage and equity.
Built in 1989, the home may require cosmetic updates and modernization of its original features to meet the expectations of contemporary luxury buyers.
The discrepancy between the physical square footage and official county records, along with unfinished expansion areas, could complicate the appraisal process or traditional financing.
Welcome to the charm of mountain living in this Lake Arrowhead home, featuring an open floor plan, breathtaking city light views, from nearly every room, and spectacular sunsets over the Pinnacles. Lake rights to private Lake Arrowhead add to the appeal of this mountain retreat. The living room welcomes you with a striking rock fireplace and high wood-beam ceiling, creating the perfect setting for relaxing and gathering with family and friends. A wood-burning fireplace adds classic mountain ambiance, while the spacious layout offers plenty of room to spread out and entertain. Upstairs, enjoy a private, cozy sitting room (or additional bedroom)--an ideal escape for reading or quiet relaxation--along with a large game room, on the lower floor, ready for fun and gatherings. The oversized Primary Bedroom includes a convenient sitting area with access to the private viewing deck. Level entry provides easy access, ample parking for guests, and an attached two-car garage with direct entry into the kitchen, a welcome convenience on snowy mountain days. The home offers the convenience of a Nest thermostat, and more space than reflected in county records, an additional roughed-in build-up area provides additional potential and room to expand. Whether you're looking for a full-time residence or a mountain getaway, this property offers comfort, character, views, and exciting possibilities.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades K-5 • 6.8 mi
Grades K-5 • 7.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,100 | 1,979.061 |
| Lot Size | 11,570 | 10,277.399 |
| Price | $719.0K | $643.6K |
| Price per sq ft | $342 | $338 |
| Built year | 1989 | 1978 |
| HOA | $0 | $614 |
| Days on market | 2 | 91 |
Oct 22, 2026
$719,000
Initial Listing
Oct 1, 2004
$331,000
Public Record
Jun 11, 2003
$242,054
Public Record
Sep 15, 1999
$190,000
Public Record