1509 Krause Lane, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
1509 Krause Lane
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 1509 Krause Lane, Lake Arrowhead, California 92352 reveals a Fairly Priced Property with a current list price of $690,000 aligned with the estimated $690,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1509 Krause Lane Subject | $690,000* List Price | 3 | 3 | 2,306 | $299 | - |
A 1405 Rock Ridge Drive Sold | $795,000 | 3 | 3 | 2,432 | $327 | 0.1 mi |
B 27582 North Bay Sold | $750,000 | 3 | 2 | 1,934 | $388 | 0.7 mi |
C 832 Rhine Road Sold | $647,950 | 4 | 2 | 2,064 | $314 | 0.8 mi |
D 27380 Alpen Drive Sold | $507,000 | 3 | 2 | 1,695 | $299 | 0.8 mi |
E 1348 Manzanita Way Active | $599,000 List Price | 4 | 3 | 1,856 | $323 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property is well-maintained and move-in ready. The kitchen features functional stainless steel and black appliances, light wood cabinetry, and dark countertops, which are clean but reflect the home's original construction style rather than recent modern updates. Bathrooms also show a similar condition with light wood vanities, tile countertops, and bronze fixtures, all in good working order but not newly renovated. Flooring is a mix of wood-look laminate and clean carpet. Overall, the home is in solid condition with no immediate renovation needs, aligning with the 'Good' score criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20727, living area = 2306.
- Modern Construction & Maintenance
Built in 2006, the property is described as 'well-built and lovingly maintained,' suggesting a solid and cared-for structure.
- Desirable Location & Views
Nestled in the 'sought-after community of Deer Lodge Park' in Lake Arrowhead, offering serene 'ridge line views from the back deck' and 'Mountain(s), Trees/Woods' views, with easy access to trails and wilderness.
CONSRISKS & DEFICIENCIES
- Recent Price Reduction
The property's list price was recently reduced from $740,000 to $690,000, which could indicate initial overpricing or a need to attract more buyer interest.
- Lack of Explicit Lake Rights
While located in Lake Arrowhead and 'minutes from its heart,' the description does not explicitly mention lake rights or private lake access, which is a significant value-add for properties in this area.
- Average to Below-Average School Ratings
Local public schools show mixed ratings, with the elementary school at 4, middle school at 5, and high school at 6, which may be a consideration for families prioritizing top-tier public education.
About 1509 Krause Lane
The Edge of Wonder in Deer Lodge Park!Welcome to your Lake Arrowhead escape—where adventure meets serenity in the sought-after community of Deer Lodge Park. Nestled on a nearly level lot with room to roam, this well-built and lovingly maintained home offers space for play—grown-up and kid-style alike. The welcoming front porch gives off nostalgic charm, while the ridge line views from the back deck remind you you’re exactly where you’re meant to be. Step inside to an open floor plan, featuring a true primary suite retreat complete with a luxurious bath and an incredible walk-in closet. Upstairs, you'll find two additional bedrooms, a shared full bath, and a second living space or home office—ideal for guests, work-from-home life, or cozy movie nights. Enjoy level parking, an attached two-car garage with direct entry, and just a few easy steps to the front door. The surrounding towering trees and vibrant foliage offer a natural show of color in every season, creating a peaceful and awe-inspiring setting year-round. Whether you're a nature lover, off-road enthusiast, hiker, or hunter, this location offers easy access to trails, wilderness, and quietude, all just minutes from Lake Arrowhead's heart. This is more than a home—it's your launchpad to wonder.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 20,727 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 1.9 mi
Mary P. Henck Intermediate School
Grades 6-8 • 1.0 mi
Rim Virtual
Grades K-8 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,306 | 1,979.5 | 66% |
| Lot Size | 20,727 | 9,767 | 95% |
| Price | $690.0K | $680.0K | 52% |
| Price per sq ft | $299 | $341 | 30% |
| Built year | 2006 | 1977 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 232 | 236 | 48% |
Pricing History
Listed for Sale
Nov 29, 2025
$690,000
Initial Listing
Price Change
Jul 18, 2025
$740,000
Initial Listing