1360 Montreal, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
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Lake Arrowhead, California 92352
This Turnkey Mountain Residence represents a High-Potential Investment Opportunity, listed at $749,000—positioned above the $675,233 Fair Market Value. While priced for its established status, the property offers immediate income potential as an active short-term rental. Featuring a Condition Rating of 3, the home includes modern kitchen cabinetry, central HVAC, and expansive viewing decks overlooking the forest. With a level entrance and massive bonus room, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1360 Montreal Subject | $749,000* List Price | 3 | 3 | 1,896 | $356 | - |
A 1315 Sequoia Drive Sold | $675,000 | 3 | 2 | 1,997 | $338 | 0.3 mi |
B 1181 Voltaire Sold | $570,000 | 4 | 3 | 2,010 | $284 | 0.6 mi |
C 1364 Toronto Drive Sold | $615,000 | 4 | 3 | 2,094 | $294 | 0.2 mi |
D 28116 Lachen Road Sold | $765,000 | 3 | 2 | 1,963 | $390 | 0.7 mi |
E 28833 Manitoba Drive Active | $665,000 List Price | 3 | 3 | 1,612 | $413 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the property has undergone significant renovations likely within the 5-15 year range. The kitchen features modern dark wood cabinetry, stone countertops, and stainless steel appliances. Bathrooms have been updated with contemporary tile work and fixtures. The inclusion of central HVAC and its status as an active, high-end short-term rental indicates it is 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 = 11360, living area = 1896.
The property is an established, active short-term rental in the desirable Arrowhead Woods community, offering immediate income potential and a turnkey opportunity for investors.
Featuring a rare level entrance and a primary suite on the main floor, the home provides effortless 'main-level living' that is highly sought after and provides long-term utility in mountain terrain.
Built in 1978, the residence may require more frequent maintenance or updates to its original infrastructure and systems compared to newer mountain constructions.
The local elementary and middle schools carry average ratings (3-5), which may be a drawback for families specifically seeking top-tier educational performance.
Experience an elevated Lake Arrowhead lifestyle in this refined 3-bedroom residence, located in the desirable Arrowhead Woods community just moments from Tavern Bay. Generate immediate income with this established, active short-term rental. The home begins with an effortless, level entrance that transitions into an expansive open floor plan, where soaring vaulted ceilings and large windows frame spectacular views of the surrounding forest and mountain ridges. Designed for effortless main-level living, the spacious primary suite serves as a private retreat, complete with a walk-in closet and soaking tub. Year-round comfort is guaranteed with central heating and A/C. The outdoor living spaces are a standout feature, boasting two expansive viewing decks perfectly positioned to capture Lake Arrowhead's signature sunsets. From the deck, custom steps lead down to a beautiful flagstone seating area, creating an exceptional space for outdoor relaxation and taking in the twilight views. The lower level also features a massive bonus room, offering incredible flexibility for a media room, game lounge, or guest quarters. Impeccable attention to detail is evident throughout, including a finished 2-car garage and two dedicated laundry areas (one in the garage and one on the lower level). This property perfectly blends premium mountain design with ultimate convenience. Ideal as a move-in-ready mountain getaway or an established rental, this property is completely prepared for its next chapter.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades K-5 • 7.1 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,896 | 2,126 |
| Lot Size | 11,360 | 9,850 |
| Price | $749.0K | $669.1K |
| Price per sq ft | $395 | $346 |
| Built year | 1978 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 27 | 92 |
Jun 25, 2026
$749,000
Initial Listing
Apr 29, 2022
$800,000
Public Record
Jul 8, 2019
$475,000
Public Record
Mar 15, 2013
$315,000
Public Record
Nov 21, 2002
$205,000
Public Record