196 Hillcrest Court, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
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Lake Arrowhead, California 92352
This Spacious Tudor Residence represents a High-Potential Investment Opportunity, listed at $1,050,000—positioned well above the $931,276 Fair Market Value by 12%. While currently priced as a premium asset, the property offers significant utility through its 2,711 sqft layout, Three-Car Garage, and Lake Rights. With a Condition Rating of 4, the home requires cosmetic updates to modernize its original 1991 finishes. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a long-term value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 196 Hillcrest Court Subject | $995,000* List Price | 3 | 3 | 2,711 | $315 | - |
A 128 Brentwood Drive Sold | $850,000 | 4 | 4 | 2,253 | $377 | 0.2 mi |
B 116 Fairway Drive Sold | $734,000 | 4 | 3 | 2,598 | $283 | 0.1 mi |
C 277 Grizzly Road Sold | $895,000 | 5 | 4 | 2,824 | $317 | 0.9 mi |
D 641 Golf Course Road Sold | $845,000 | 4 | 3 | 2,828 | $299 | 0.7 mi |
E 26335 Walnut Hills Drive Sold | $855,000 | 4 | 3 | 2,775 | $308 | 0.4 mi |
F 26834 Huron Rd Sold | $734,500 | 5 | 3 | 2,464 | $298 | 0.4 mi |
G 432 Grizzly Road Sold | $875,000 | 4 | 3 | 3,365 | $260 | 0.8 mi |
H 473 Annandale Drive Active | $875,000 List Price | 3 | 3 | 2,434 | $359 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 35-year-old property is well-maintained but largely dated. While the kitchen features granite counters and a Subzero fridge, the oak cabinetry, brick flooring, red carpeting, and wallpaper reflect the original construction era or renovations older than 20 years, necessitating cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11100, living area = 2711.
Situated in the prestigious Arrowhead Woods near the golf course, this property includes coveted Lake Rights, significantly enhancing its long-term value and lifestyle appeal.
With over 2,700 sqft and two additional bonus rooms, the home functions as a five-bedroom residence, offering exceptional flexibility for a home office, gym, or large family.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property is currently occupied by long-term tenants, which may pose a challenge for buyers seeking immediate move-in or personal use.
The assigned elementary schools have relatively low ratings (3 and 4), which may be a drawback for families prioritizing high-performing educational districts.
Tremendous Tudor - Property is in one of the most appreciated areas near the Golf Course with a Three Car Garage. Impressive Three Bedroom Three Bath and a Half Bath Home with Lake Rights. Great Floorplan with plenty of room for the entire family. Property acts like a Four Bedroom with the Two Extra Bonus Rooms. The Fourth Bedroom on the Main Level is currently used as a Bedroom or could be an Office. Great Curb appeal and Large Entry with Brick Flooring. Fabulous Open Living with Open Dining with Wood Floors, Great family Room/Game Room with Wood Floors and Amazing Fireplace with Beautiful Tudor Style Windows. Extra Large Gourmet Kitchen with Subzero Refrigerator including Kitchen Nook and Walk-in Pantry. Guest Bedroom and Bath on Main Level plus another Bonus Room for Office, Study or Gym. Upstairs offer Two additional Guest Bedrooms and Full Bath. Master Bedroom and Ensuite with Romantic Fireplace and access to the backyard. Backyard patio with fenced yard. Three Garage entry on Main level including Laundry. A lot to appreciate! Property also could be an Investment Property with current Tenant's with a long term lease. Ask agent for more details.
No exterior & parking available.
Grades PK-5 • 3.0 mi
Grades K-5 • 4.6 mi
Grades K-5 • 8.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,711 | 2,126 |
| Lot Size | 11,100 | 9,850 |
| Price | $995.0K | $669.1K |
| Price per sq ft | $367 | $346 |
| Built year | 1991 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 48 | 92 |
Jul 9, 2026
$995,000
$1,050,000
-5% Price Drop
Initial Listing
Jun 4, 2026
$1,050,000
Initial Listing
Jan 25, 2022
$915,000
Public Record