
Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $449,000—positioned well above the $396,094 Fair Market Value by -13%. Featuring a Condition Rating of 4, the home requires modernization to address dated infrastructure and weathered decks. However, the inclusion of two lots, Lake Rights, and Panoramic Mountain Views provides significant value-add potential. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a strategic renovation to maximize the property's inherent mountain character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1327 Evergreen Lane Subject | $448,000* List Price | 4 | 2 | 1,296 | $311 | - |
A 664 Circle Sold | $455,000 | 3 | 2 | 1,718 | $265 | 0.3 mi |
B 615 Wellesley Active | $399,900 List Price | 3 | 2 | 1,400 | $286 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old property shows signs of age with only partial cosmetic updates. While it features some newer laminate flooring and a partial bathroom tile refresh, the kitchen remains dated with basic cabinetry, and the exterior wood decks show significant weathering. The listing's mention of 'potential' and the age of the primary systems suggest it needs modernization to meet current standards.
The property includes coveted Lake Rights, granting exclusive access to private beach clubs, boating, fishing, and recreational activities on Lake Arrowhead.
The sale includes two separate lots totaling 4,320 square feet, providing an exceptional sense of privacy and a spacious, wooded buffer rarely found at this price point.
Featuring vaulted beamed ceilings, a cozy fireplace, and multiple expansive decks, the home perfectly captures the rustic mountain aesthetic with panoramic views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4320, other record lot size in square feet = 2160. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With four bedrooms configured within only 1,296 square feet, the individual room sizes and common areas may feel cramped for larger groups.
Built in 1974 and marketed with 'potential,' the property likely requires significant cosmetic updates and modernization to meet current buyer expectations.
Charming multi-level mountain retreat nestled in the desirable Deer Lodge Park area of Lake Arrowhead. Offering the perfect blend of comfort, character, and natural beauty, this inviting home is an ideal opportunity for those looking for a mountain getaway, full-time residence, or weekend escape. The property consists of two separate lots, each measuring approximately 2,160 square feet, providing a combined 4,320 square feet of land and an exceptional sense of space and privacy. The additional lot adds flexibility and creates a beautifully wooded setting that enhances the property's mountain ambiance.Inside, the home's thoughtfully designed multi-level floor plan creates distinct spaces for relaxing, entertaining, and enjoying the surrounding scenery. The living area features a cozy fireplace and opens toward a deck where you can take in the peaceful mountain setting and expansive distant views. Large windows bring in natural light while connecting the interior to the surrounding trees and landscape.The home offers multiple bedrooms and two bathrooms, providing plenty of room for family and guests. One bedroom has been upgraded with new ceramic flooring, adding a fresh, modern touch to the interior.Upstairs, vaulted and beamed ceilings add warmth and character, while select bedrooms offer access to private or elevated outdoor spaces. Multiple decks provide wonderful places to enjoy morning coffee, an afternoon barbecue, or an evening surrounded by the tranquility of the mountains.Located in the Deer Lodge Park community, the property offers convenient access to mountain roads, nearby National Forest areas, and local hiking trails. Whether you're looking for a peaceful mountain escape or a home where you can create lasting memories, 1327 Evergreen Way offers the combination of views, privacy, outdoor space, and mountain character that makes Lake Arrowhead living so special. Two lots. Mountain views. Multiple decks. Spacious multi-level living. And plenty of potential to make this Lake Arrowhead retreat your own.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 0.7 mi
Grades K-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,296 | 2,015.827 |
| Lot Size | 4,320 | 10,163.827 |
| Price | $448.0K | $655.9K |
| Price per sq ft | $346 | $341 |
| Built year | 1974 | 1980 |
| HOA | $0 | $544 |
| Days on market | 26 | 78 |
Sep 5, 2026
$448,000
$449,000
+0% Price Increase
Initial Listing
Aug 14, 2026
$449,000
Initial Listing
May 8, 2019
$220,000
Public Record
Sep 15, 2009
$140,000
Public Record
Apr 16, 2007
$175,000
Public Record