173 Grizzly Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath

173 Grizzly Road, Lake Arrowhead, California 92352 home-pic-0

173 Grizzly Road

Lake Arrowhead, California 92352

ACTIVE
CONDITION: GOOD
4Beds
4Baths
3,087Sq Ft
8,810Lot Size

Property Price

LIST PRICE$899,900
EST. MARKET VALUE
$847,584
6% AboveMARKET VALUE

SUMMARY

Analysis of 173 Grizzly Road, Lake Arrowhead, California 92352 reveals a property with a current list price of $899,900, which is 6% above the estimated $847,584 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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

$847,584
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
173 Grizzly Road
Subject
$899,900*
List Price
443,087$275-
A
386 Rainier Road
Sold
$777,500442,803$2770.3 mi
B
26668 Thunderbird Drive
Sold
$879,000432,825$3110.8 mi
C
26715 Modoc Lane
Sold
$1,100,000432,960$3720.9 mi
D
432 Grizzly Road
Sold
$875,000433,365$2600.3 mi
E
430 Rainier Rd.
Sold
$800,000433,167$2530.4 mi
F
27376 Pinewood Drive
Active
$979,500
List Price
443,261$3000.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2004, this property is exceptionally well-maintained and move-in ready. The kitchen is well-appointed with stainless steel appliances and granite countertops, while the living areas feature high-quality hardwood flooring and large windows. Although the cabinetry and some fixtures reflect the original construction era, the home shows minimal wear and tear, functional major systems, and a modern open-concept layout that meets current standards without requiring immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Lake Rights & Amenities

    Located in the desirable Arrowhead Woods, the property includes coveted lake rights and optional access to private beach clubs and scenic lakeside trails.

  • Modern Functional Design

    Built in 2004, the home features a sought-after main-level primary suite and an open-concept layout that maximizes natural light and forest views.

  • Versatile Expansion Potential

    A substantial lower-level area with an existing powered workshop provides a unique opportunity for future customization or additional living square footage.

CONSRISKS & DEFICIENCIES

  • Separate Dock Purchase

    Although a deepwater multi-slip dock is available, it is not included in the list price and must be negotiated separately outside of escrow.

  • Modest School Ratings

    The assigned elementary schools carry lower performance ratings, which may be a consideration for families prioritizing top-tier educational districts.

About 173 Grizzly Road

Beautifully maintained and thoughtfully designed, this spacious two-story Lake Arrowhead residence 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 also providing the perfect backdrop for gathering with friends and family after a day on the lake or the trails. The kitchen is well-appointed and positioned as the heart of the home, opening naturally into the main entertaining spaces. Generously sized bedrooms offer comfort and privacy, including a desirable main-level primary suite that provides ease and separation. The thoughtful two-story design allows guests or family members to spread out while maintaining inviting shared spaces. A charming reading nook or piano alcove adds warmth and architectural character, while the flexible floor plan supports a dedicated home office, creative studio, fitness space, or additional lounge area — ideal for today’s evolving lifestyle needs. Adding to the home’s versatility is a substantial separate area offering intriguing potential for future expansion (buyer to verify feasibility). Within this lower level is an existing enclosed room with electricity already in place and durable sheet-metal interior walls — a space that could serve as a workshop, studio, storage solution, or the foundation for a more customized third-level vision. Set in a peaceful Lake Arrowhead Woods location, the property reflects consistent pride of ownership and offers the rare combination of livability, condition, and long-term flexibility. This property has lake rights and optional access to Lake Arrowhead’s private beach clubs, scenic lakeside trails, and boat dock rights may be available for purchase separately, providing the opportunity to fully embrace the lake lifestyle. A privately owned deepwater multi-slip dock is available for purchase outside escrow. Please inquire for additional details.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2004
Lot Size
8,810 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 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 • 2.3 mi

4/10

Valley Of Enchantment Elementary School

Grades K-5 • 5.4 mi

3/10

Charles Hoffman Elementary School

Grades K-5 • 7.6 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths4.03.0
80%
Square foot3,0871,979.5
84%
Lot Size8,8109,752
34%
Price$899.9K$680.0K
76%
Price per sq ft$292$341
27%
Built year20041977
91%
HOA$0$0
50%
Days on market4236
0%

Pricing History

Listed for Sale

Mar 3, 2026

$899,900

Initial Listing

Sold

Mar 21, 2008

$590,000

Public Record

Sold

Nov 23, 2004

$461,000

Public Record

Sold

Nov 21, 2003

$43,000

Public Record

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