1369 Yellowstone, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 3 bath
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Lake Arrowhead, California 92352
This Prime Investment Opportunity is listed at $1,435,000, positioned well below the $1,476,577 Fair Market Value by 2%. This valuation gap provides $41,577 in Instant Equity. Featuring a Condition Rating of 3, this 4,443 sqft retreat offers Panoramic Lake Views, a 3-car garage, and a proven track record as a short-term rental. With its expansive entertainment layout and optional dock access, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end mountain lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1369 Yellowstone Subject | $1,435,000* List Price | 5 | 3 | 4,443 | $332 | - |
A 929 Lucerne Lane Sold | $1,200,000 | 4 | 4 | 2,894 | $415 | 0.7 mi |
B 1184 Acadia Active | $1,450,000 List Price | 6 | 5 | 4,397 | $330 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1971, the property has undergone significant renovations likely within the last 10-15 years. The bathrooms feature updated stone tile, granite countertops, and vessel sinks, while the living areas show well-maintained hardwood floors and vaulted wood ceilings. The home is move-in ready and functional, consistent with its recent history as a successful short-term rental.
The property features breathtaking, unobstructed views of Lake Arrowhead and the surrounding mountains from nearly every room, significantly increasing its desirability and market value.
With over 4,400 square feet of living space, the home includes a full bar, game room, exercise studio, and multiple decks, making it an ideal retreat for large-scale hosting.
Previously operated as a successful short-term rental, this property offers a turnkey opportunity for investors, further enhanced by the rare availability of a dock for lake access.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4443, other record living area = 3391.
Built in 1971, the home may require updates to its original systems or aesthetic finishes to meet the expectations of modern luxury buyers.
The local school district ratings range from 3 to 6, which may be a consideration for families prioritizing high-performing academic environments for a primary residence.
Introducing Deer Crossing, a spectacular lake-view mountain retreat showcasing panoramic views of the lake, surrounding mountains, and towering trees from nearly every room. A gated front courtyard welcomes you and provides direct access to the spacious 3-car garage. Inside, the main level is filled with mountain charm, featuring soaring vaulted ceilings, a dramatic wall of glass, and an open-concept living area centered around a stunning stone fireplace. Step onto the expansive deck to relax and take in the breathtaking scenery. The kitchen is a true cook’s delight, flooded with natural light and offering abundant cabinetry, generous counter space, and a cozy eat-in dining area. Two bedrooms are conveniently located on the main level as well. Upstairs, the private primary suite serves as a tranquil retreat, complete with an ensuite bath featuring a jetted soaking tub. An adjoining bonus space is ideal for a home office, sitting area, or potential additional bedroom. The lower level is designed for entertaining and gathering, with another beautiful stone fireplace, a full bar area, pool table space, and access to additional decking where the views continue to impress. This level also includes a mirrored dance/exercise studio, an additional bunk room, bath, and a dedicated space ready for a future sauna. To complete the package, a dock is also available for additional consideration. Previously operated as a successful short-term rental, this exceptional property offers both lifestyle and investment potential. Start enjoying the very best of mountain and lake living at Deer Crossing.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades K-5 • 6.8 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 4,443 | 1,998.5 | 96% |
| Lot Size | 11,135 | 9,986.5 | 67% |
| Price | $1.44M | $677.5K | 88% |
| Price per sq ft | $323 | $343 | 41% |
| Built year | 1971 | 1978 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 217 | 1% |
May 23, 2026
$1,435,000
Initial Listing
Jul 28, 2000
$360,000
Public Record
Apr 1, 1994
$265,000
Public Record