
Lake Arrowhead, California 92352
This Turnkey Waterfront Townhouse is a Strong Value Opportunity, listed at $1,299,000—positioned slightly above the $1,251,651 Fair Market Value. Featuring a Condition Rating of 3, the home offers a refreshed interior with new flooring and fixtures, complemented by a Prime Dock Slip and panoramic lake views. Located within the Rim of the World School District, this property provides a premium mountain-resort lifestyle. It is an ideal acquisition for vacation home buyers or lifestyle-focused owner-occupants seeking immediate, move-in ready access to Lake Arrowhead.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 184 State Hwy 173 22 Subject | $1,299,000* List Price | 4 | 4 | 1,757 | $712 | - |
A 27821 Peninsula Dr. #416 Active | $1,299,000 List Price | 4 | 4 | 2,000 | $650 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972 but features a very recent cosmetic refresh including brand new flooring, fresh paint, and new slider doors. While the kitchen and bathrooms have been updated with new countertops and fixtures, the kitchen retains older cabinetry. The presence of a newer furnace and water heater ensures the home is move-in ready and well-maintained.
The inclusion of a prime, private dock slip (EWS Slip 38) is a rare and high-value asset in Lake Arrowhead, providing immediate waterfront access and significant investment appeal.
The property features extensive recent updates, including new flooring, remodeled bathrooms, and fresh paint, offering a move-in-ready experience that meets modern aesthetic standards.
Situated in the gated Edgewater Shores community with full lake rights, the home offers stunning lake views from the primary suite and main level, ensuring a premium mountain-resort lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =608, other record lot size in square feet = 726. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1757, other record living area = 1452.
The association fee of $725 per month is substantial, which may be a deterrent for budget-conscious buyers or those looking to maximize rental yield.
With a lot size of only 608 square feet, the property offers virtually no private yard or land, making it less suitable for buyers seeking personal outdoor gardening or play areas.
LAKEVIEW LOCATION! Welcome to Edgewater Shores Unit 22 - Your Lake Arrowhead Dream Home Awaits! Discover the perfect blend of lakeside living and modern comfort in this beautifully updated 4-bedroom, 3.5 bath end unit townhome nestled within the gated waterfront Edgewater Shores community. Step inside to find a fully refreshed interior featuring brand new vinyl plank flooring, updated bathrooms, new fixtures, fresh paint, and sleek new slider doors -- all bathed in stunning lake views from the primary bedroom and main floor! Cozy up by the wood burning fireplace on crisp mountain evenings, and enjoy year round comfort with a newer furnace and hot water heater. With two ensuite bedrooms, this home offers exceptional privacy and comfort for family guests and multi-generational living. The remaining bedrooms are well-appointed, making this layout as functional as it is inviting. What truly sets this home apart is your very own PRIME DOCK SLIP - EWS Slip 38 - a rare luxury that most homes in the area simply don't offer! Cast a line right off your dock, listen to lake concerts from the water's edge, or hop in your boat and cruise to the LAKE ARROWHEAD VILLAGE for dining & shopping. Kayak, paddleboard, wakeboard, swim or sail - the lake is your backyard. Situated within Arrowhead Woods, granting full lake rights, you'll enjoy a private beach, new docks, and access to the ALA lake trails. Come winter, world-class ski slopes are just minutes away. The community's HOA has exciting upcoming upgrades on the horizon, including new exterior paint, a repaved driveway, and rain gutters. Enjoy convenience of snow plow, trash services & two dedicated parking spots. Close to ski resorts, hiking, fine dining, boutique shopping, spas and more. Whether you're seeking a full-time residence, weekend retreat, vacation getaway, or income-generating rental, this property with unbeatable location delivers on every front. Come see all that it has to offer!
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades K-5 • 6.2 mi
Grades K-5 • 7.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 50% |
| Square foot | 1,757 | 1,501 | 50% |
| Lot Size | 608 | 763 | 50% |
| Price | $1.30M | $1.40M | 50% |
| Price per sq ft | $739 | $972 | 50% |
| Built year | 1972 | 1973 | 50% |
| HOA | $725.0 | $704 | 50% |
| Days on market | 26 | 107 | 50% |
May 21, 2026
$1,299,000
Initial Listing