
Lake Arrowhead, California 92352
This Turnkey Craftsman Cottage is a Strong Value Opportunity, listed at $799,000—positioned above the $742,279 Fair Market Value. While priced slightly above market, the property’s Mint Condition Rating and recent comprehensive renovations—including a Granite Kitchen and modern baths—ensure a move-in-ready experience. Located in the desirable Palisades area with exclusive lake access, this home offers a unique lifestyle sanctuary. With five bedrooms and a scenic Trees/Woods View, it is an ideal acquisition for vacation rental investors or owner-occupants seeking a charming, historically relevant retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 177 Joaquin Miller Subject | $799,000* List Price | 5 | 3 | 1,525 | $487 | - |
A 230 Maple Sold | $840,000 | 3 | 3 | 1,635 | $514 | 0.1 mi |
B 28886 Cedar Sold | $650,000 | 3 | 3 | 1,512 | $430 | 0.3 mi |
C 110 Highway 173 Sold | $575,000 | 3 | 3 | 1,260 | $456 | 0.2 mi |
D 104 Highway 173 Active | $560,000 List Price | 3 | 3 | 1,480 | $378 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1951, the property has undergone a comprehensive recent renovation (likely within the last 5 years) that places it in mint condition. The kitchen features new cabinetry, granite countertops, and stainless steel appliances, while the bathrooms have been modernized with new tile and frameless glass showers. With fresh interior/exterior paint and updated systems like the sprinkler and leaf gutter systems, the home requires no maintenance and is in move-in-ready condition.
Situated in the desirable Palisades area of Orchard Bay, the property offers exceptional lake access via ALA gate #10 and is minutes from Lake Arrowhead Village's dining and entertainment.
This 1951 Craftsman cottage perfectly balances authentic historical character, such as original Douglas fir flooring and beamed ceilings, with modern updates to the kitchen and bathrooms.
Featuring five bedrooms, this home provides significant versatility for large families or high-capacity vacation rental potential in a sought-after resort market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1525, other record living area = 1426. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property was recently sold within the past year on 2025-07-18. The sold price is $501,000.00.
With five bedrooms squeezed into 1,525 square feet, the individual room sizes and common areas may feel cramped for larger groups.
Welcome to this magical quintessential fairy tale cottage! Located lakeside in the Palisades area at Orchard Bay and only a short walk to the water’s edge via #10 ALA gate & trail. Enjoy Lake Arrowhead Village’s seasonal entertainment, dining, and shopping all within minutes of arrival! This one of a kind vintage Craftsman (circa 1951) has been updated while maintaining it’s authentic charm and integrity. The words “Once Upon a Time” come to mind when you visit this historically relevant home. Old world cobblestone stairs and a meandering pathway lead you right to front door and your fairytale journey begins! Step inside to a open airy floor plan accented with nostalgic character and careful restoration. The main level living room has beamed ceilings, Pickford tongue and groove wall paneling, a Craftsman brick fireplace, refinished and original Douglas fir wood flooring, 2 large wood paned windows that over look the huge patio areas front and rear both nodding to the majestic pine, cedar and dog wood trees that abound. A generously sized master suite on main level has board and batten walls, new tile and a new frameless shower door. The kitchen and dining rooms are updated with new cabinetry, granite, and stainless appliances. Additionally on main level a guest bedroom that currently functions as an artist studio/laundry area with brand new stackable washer and dryer. Moving up the winder stairs enjoy light and bright sunlight from the dual paned windows, wooden bead board walls, a study/den area with built in desk and 3 additional guest bedrooms, one being perfect for a cozy kid get away. Other improvements include new interior wood treatments, paint inside and out, new floor coverings, curated furnishings professionally appointed, multiple outside areas with new sprinkler system and leaf gutter system. Opportunity knocks at this sought after location offering a taste of classic Lake Arrowhead lifestyles at the lake!
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades K-5 • 5.9 mi
Grades K-5 • 7.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,525 | 1,995.5 | 25% |
| Lot Size | 4,670 | 9,857 | 13% |
| Price | $799.0K | $685.0K | 64% |
| Price per sq ft | $524 | $346 | 87% |
| Built year | 1951 | 1978 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 215 | 1% |
Jun 4, 2026
$799,000
Initial Listing
Jul 18, 2025
$501,000
Public Record
Sep 13, 2005
$480,000
Public Record
Jul 14, 1994
$205,000
Public Record