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143 State Highway 173, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 6 bed, 3 bath

143 State Highway 173, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$647,333
143 State Highway 173, Lake Arrowhead, California 92352
6Beds
3Baths
2,451Sqft
5,898Lot

Price Vs. Estimate

The estimated value ($582,846.4) is $64,486.6 (9%) lower than the list price ($647,333). This property may be overpriced.

Key pros and cons

Top Pros:
Income/Multi-Generational Potential: The property features two fully independent living spaces, including a 2-bedroom ADU with its own kitchen, laundry, and entrance, offering significant flexibility for rental income or multi-generational living.
Top Cons:
Historic Property Age: Built in 1932, the property is nearly a century old, which may suggest potential for deferred maintenance, outdated systems, or the need for significant renovations to meet contemporary standards.

Compared to the nearby listings

Price:$647.3K vs avg $675.0K ($-27,667)43%
Size:2,451 sqft vs avg 1,948 sqft73%
Price/sqft:$264 vs avg $35015%

More Insights

Built in 1932 (93 years old).
Condition: Despite being built in 1932, this property has undergone extensive and modern renovations, making it move-in ready. The kitchens feature contemporary white shaker cabinets, stainless steel appliances, and updated countertops, while the bathrooms boast modern vanities, black fixtures, and updated lighting. New wood-look flooring is consistent throughout the living areas. The overall aesthetic is fresh and current, suggesting a renovation within the last 5-15 years. While the cosmetic updates are excellent, without a specific renovation date for major systems (plumbing, electrical, HVAC) in a property of this age, a 'Good' rating is appropriate, indicating well-maintained systems and minimal wear and tear.
Year Built
1932
Close
-
List price
$647K
Original List price
$647K
Price/Sqft
$264
HOA
-
Days on market
-
Sold On
-
MLS number
CV25140206
Home ConditionGood
Features
Good View: Lake, Peek-A-Boo, Trees/Woods
Deck
Patio
ViewLake, Peek-A-Boo, Trees/Woods

About this home

Two Homes in One with Prestigious Lake Rights! Perfect for families or savvy investors, this unique Lake Arrowhead property offers incredible versatility with two fully independent living spaces under one roof. The main home features 4 generously sized bedrooms, ideal for full-time living or weekend getaways. Attached is a private 2-bedroom ADU (Accessory Dwelling Unit) complete with its own full kitchen, private laundry, and entrance—great for extended family, guests, or rental income. Both units have fully equipped kitchens and indoor laundry, offering the ease of completely separate living—ideal for multi-generational households or live-in-one, rent-the-other scenarios. Best of all, this home comes with exclusive Lake Arrowhead lake rights, giving you and your family access to one of Southern California’s most prestigious and private lakes. Enjoy boating, beach access, fishing, and family-friendly recreation all year round. Whether you're looking to invest, create rental income, or make lasting memories with your loved ones, this home offers comfort, flexibility, and a lifestyle that's hard to beat.

Condition Rating
Good
Despite being built in 1932, this property has undergone extensive and modern renovations, making it move-in ready. The kitchens feature contemporary white shaker cabinets, stainless steel appliances, and updated countertops, while the bathrooms boast modern vanities, black fixtures, and updated lighting. New wood-look flooring is consistent throughout the living areas. The overall aesthetic is fresh and current, suggesting a renovation within the last 5-15 years. While the cosmetic updates are excellent, without a specific renovation date for major systems (plumbing, electrical, HVAC) in a property of this age, a 'Good' rating is appropriate, indicating well-maintained systems and minimal wear and tear.
Pros & Cons

Pros

Income/Multi-Generational Potential: The property features two fully independent living spaces, including a 2-bedroom ADU with its own kitchen, laundry, and entrance, offering significant flexibility for rental income or multi-generational living.
Exclusive Lake Rights: The home comes with exclusive Lake Arrowhead lake rights, providing access to a private lake for boating, beach access, fishing, and family-friendly recreation, a highly desirable amenity.
Spacious Accommodation: With a total of 6 bedrooms and 3 bathrooms across the main home and ADU, the property offers generous living space suitable for large families or multiple occupants.
Scenic Views: The property boasts appealing 'Lake, Peek-A-Boo, Trees/Woods' views, enhancing its aesthetic value and mountain retreat ambiance.
Versatile Investment Opportunity: Its unique configuration and lake rights make it an attractive option for various uses, including a primary residence, vacation home, or a robust investment property for rental income.

Cons

Historic Property Age: Built in 1932, the property is nearly a century old, which may suggest potential for deferred maintenance, outdated systems, or the need for significant renovations to meet contemporary standards.
Above Estimated Market Value: The current listing price is 9% higher than the property's estimated value, which could potentially impact marketability and lead to a longer time on market or a required price adjustment.
Location on State Highway: Situated directly on State Highway 173, the property may experience higher traffic noise and potentially reduced privacy compared to homes on quieter residential streets.

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