175 Mill Pond, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 5 bath
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175 Mill Pond
Lake Arrowhead, California 92352
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,879Sq Ft
28,451Lot Size
Property Price
LIST PRICE$2,275,000
EST. MARKET VALUE
$2,429,200
6% BelowMARKET VALUE
SUMMARY
This Custom New Construction is a Strong Value Opportunity, listed at $2,275,000—positioned well below the $2,429,200 Fair Market Value by 6%. This valuation gap offers $154,200 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this 3,879 sqft residence offers a turnkey lifestyle with high-end finishes, soaring ceilings, and expansive covered decks. Located in the gated Mill Pond community with lake rights, this property is an ideal sanctuary for Luxury Homeowners or Executive Buyers seeking modern, move-in ready mountain living.
Estimated Market Value
$2,429,200+$154,200 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This is a brand-new 2025 construction built by a general contractor for personal use. As a new build, all systems (HVAC, electric, plumbing) are modern and under warranty, and the custom kitchen and five bathrooms feature high-end, mint-condition finishes.
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 = 28451, living area = 3879.
- Custom New Construction
Completed in 2025 as a General Contractor’s personal residence, the home features superior craftsmanship, soaring ceilings, and high-end custom finishes throughout the 3,879 square foot interior.
- Premier Location & Lake Rights
Situated within the exclusive gated community of Mill Pond, this property includes coveted Lake Arrowhead lake rights and offers a rare, easy-access level entry from the garage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3879, other record living area = 2392.
- Limited Bedroom Count
Despite the generous square footage and five bathrooms, the home only offers three bedrooms, which may be a limitation for larger families or buyers seeking more dedicated sleeping quarters.
- Modest School Ratings
The property is served by the Rim of the World district, where several local schools currently hold average to below-average ratings, potentially impacting appeal for education-focused families.
About 175 Mill Pond
It is not often a stunning Family Residence becomes available that was recently completed by the General Contractor as his Own Residence. Styled for California Living, the interior and exterior entertaining custom covered deck combines for your year-round Indoor/Outdoor Living. There is Easy Level Entry from attached Garage, leading to the Interior with Soaring Ceilings, Custom Tile and Textures that pervade throughout the entire 3,879 sqft. Residence. There are 4 Gorgeous Bedrooms with 5 Custom Bathrooms! There is a Separate Lounge which is ideal as a Media Room for Executives or Gym Enthusiasts or Hobby/Children’s Room. The Family Room with a gigantic, attached TV Screen which opens to a Second Large Deck. Too much to describe!! Lake Rights! Situated within Lake Arrowhead's Premiere Gated Community called “Mill Pond”.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 28,451 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $141.08 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 1.6 mi
4/10
Charles Hoffman Elementary School
Grades K-5 • 5.7 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 7.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,879 | 1,979.061 |
| Lot Size | 28,451 | 10,277.399 |
| Price | $2.27M | $643.6K |
| Price per sq ft | $586 | $338 |
| Built year | 2025 | 1978 |
| HOA | $141.08 | $614 |
| Days on market | 10 | 91 |
Pricing History
Listed for Sale
Oct 14, 2026
$2,275,000
Initial Listing
Sold
Mar 19, 2025
$566,000
Public Record
Sold
May 18, 2023
$150,000
Public Record
Sold
Dec 13, 2019
$160,000
Public Record
Sold
Jan 17, 2019
$4,120,000
Public Record