
Lake Arrowhead, California 92352
This Spacious Mountain Residence is a Strong Value Opportunity, listed at $863,000—positioned well below the $863,000 Fair Market Value. While currently at market, the property’s Condition Rating of 3 and recent upgrades, including new decking, ensure a move-in ready experience. The flexible floor plan, featuring a main-level primary ensuite and a lower-level guest suite with a separate entrance, offers significant versatility. With Lake Rights and potential for a private dock, this home is an ideal sanctuary for Owner-Occupants or Multigenerational Families seeking elevated mountain living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 173 Grizzly Road Subject 4 bd · 4 ba · 3,087 sqft · $280 | $863,000* List Price | 4 | 4 | 3,087 | $280 | - |
A 160 Birchwood Sold 4 bd · 4 ba · 3,109 sqft · $230 · 0.3 mi | $715,000 | 4 | 4 | 3,109 | $230 | 0.3 mi |
B 27312 Pinewood Sold 4 bd · 4 ba · 3,004 sqft · $291 · 0.2 mi | $875,000 | 4 | 4 | 3,004 | $291 | 0.2 mi |
C 277 Grizzly Road Sold 5 bd · 4 ba · 2,824 sqft · $317 · 0.2 mi | $895,000 | 5 | 4 | 2,824 | $317 | 0.2 mi |
D 641 Golf Course Road Sold 4 bd · 3 ba · 2,828 sqft · $299 · 0.7 mi | $845,000 | 4 | 3 | 2,828 | $299 | 0.7 mi |
E 892 Nadelhorn Drive Sold 3 bd · 3 ba · 2,588 sqft · $317 · 0.9 mi | $820,000 | 3 | 3 | 2,588 | $317 | 0.9 mi |
F 27376 Pinewood Drive Active 4 bd · 4 ba · 3,261 sqft · $276 · 0.3 mi | $899,000 List Price | 4 | 4 | 3,261 | $276 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), this property is exceptionally well-maintained and move-in ready. The kitchen and bathrooms feature high-quality finishes including granite countertops and a modern glass-enclosed shower, and the listing notes recent maintenance including new decking throughout.
The property includes coveted lake rights and the rare opportunity to purchase a private deepwater multi-slip dock, significantly enhancing its recreational appeal and long-term value.
With a main-level primary ensuite and a second ensuite on the lower level featuring a separate entrance, the home offers exceptional flexibility for guests, rentals, or multigenerational living.
Built in 2004 and featuring brand-new decking, this residence offers a more contemporary build and superior maintenance profile compared to many older cabins in the Arrowhead Woods area.
The property has been on the market for 194 days with multiple price reductions, which may lead to buyer hesitation or concerns regarding its initial market positioning.
The assigned elementary schools carry relatively low ratings (3 and 4), which could be a drawback for families prioritizing high-performing educational districts.
Beautifully maintained and thoughtfully designed — now with new decking throughout the entrance and main level — this spacious two-story residence in Lake Arrowhead's Arrowhead Woods neighborhood offers the space, flexibility, and setting that define elevated mountain living. With 4 bedrooms, 3 full bathrooms, and 1 half bath, the home blends comfort and functionality with a layout that lives beautifully year-round. Natural light fills the main living areas, where expansive windows frame peaceful tree views and create a seamless connection to the surrounding forest. The open flow between kitchen, dining, and living spaces makes everyday living feel effortless while providing the perfect backdrop for gathering with friends and family after a day on the lake or the trails. The kitchen anchors the home with a breakfast bar in the island, opening naturally into the main entertaining spaces. Generously sized bedrooms offer comfort and privacy, including a desirable main-level primary ensuite for ease and separation, plus a second ensuite bedroom on the lower level — ideal for guests, extended family, or multigenerational living. Additional bedrooms give family members room to spread out while keeping shared spaces easy to gather in. A charming reading nook adds warmth and architectural character, while the flexible floor plan supports a dedicated home office, creative studio, fitness space, or additional lounge — ideal for today's evolving lifestyle needs. The lower level, with its own separate entrance, offers real versatility: an enclosed room with electricity already run and durable sheet-metal interior walls, currently used for storage, with potential for future expansion (buyer to verify feasibility with the county). Set in peaceful Arrowhead Woods, the property reflects consistent pride of ownership and offers a rare combination of livability, condition, and long-term flexibility. This property carries lake rights, giving you optional access — with an ALA membership — to lakeside trails, private beach clubs, and boat dock rights, and the opportunity to fully embrace the lake lifestyle. A privately owned deepwater multi-slip dock is also available for purchase outside escrow — please inquire for details. Schedule your private tour today and experience mountain living at its best on Grizzly Rd.
No exterior & parking available.
Grades PK-5 • 2.3 mi
Grades K-5 • 5.4 mi
Grades K-5 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,087 | 1,979.061 |
| Lot Size | 8,810 | 10,277.399 |
| Price | $863.0K | $643.6K |
| Price per sq ft | $280 | $338 |
| Built year | 2004 | 1978 |
| HOA | $0 | $614 |
| Days on market | 235 | 91 |
Aug 8, 2026
$863,000
$865,000
+0% Price Increase
Initial Listing
May 4, 2026
$865,000
$899,900
-4% Price Drop
Initial Listing
Mar 3, 2026
$899,900
Initial Listing
Mar 21, 2008
$590,000
Public Record
Nov 23, 2004
$461,000
Public Record
Nov 21, 2003
$43,000
Public Record