
Lake Arrowhead, California 92317
This Single Family Residence is a High-Potential Investment Opportunity, listed at $929,000—positioned well above the $880,381 Fair Market Value by -5%. While currently priced above market, the property offers Full Lake Rights and a Gourmet Chef's Kitchen in a Fair Condition Rating (2004 build). With modern infrastructure like a Generator-Ready System and Temperature-Controlled Wine Cellar, it provides a unique mountain lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium Lake Arrowhead retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 197 Massive Road Subject | $929,000* List Price | 4 | 4 | 2,550 | $345 | - |
A 221 Grizzly Road Active | $749,000 List Price | 5 | 4 | 2,749 | $272 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'fair' category based on age. While the home is described as meticulously maintained and move-in ready, the kitchen's cherry cabinetry and the bathroom fixtures are original to the build date and appear dated by modern standards. Systems are functional with A/C and a generator-ready setup, but the overall aesthetic requires updates to reach a higher condition rating.
Located in the prestigious Arrowhead Woods, this property includes highly coveted full lake rights, granting exclusive access to private lake amenities and recreational activities.
The kitchen is a standout feature with premium White Maple hardwood floors, custom cherry cabinetry, and luxury upgrades including a built-in espresso maker and wine fridge.
Built in 2004, the home is equipped with modern essentials often missing in mountain retreats, such as air conditioning, a temperature-controlled wine cellar, and a generator-ready system.
The property has been on the market for over 100 days and has undergone three price reductions, which may indicate initial overpricing or a disconnect with current buyer demand.
Despite its proximity to the water and luxury price point, the property offers only forest and tree views rather than the high-value lake views frequently sought in this area.
Lake Arrowhead Luxury and Lake Rights! Step into elevated mountain living in this stunning Lake Arrowhead retreat, offering full lake rights, elegance, and comfort in equal measure. This meticulously maintained home features 4 spacious bedrooms and 3.5 baths, designed for both entertaining and everyday life. The living room captivates with soaring ceilings, a dramatic stone fireplace with etched arrowhead detail, and expansive windows framing tranquil forest views. The gourmet kitchen is exceptional, featuring White Maple hardwood floors, custom cherry cabinetry, stainless appliances, built-in espresso maker, wine fridge, warming shelf, and a walk-in pantry—perfect for hosting gatherings or daily life. Main-level highlights include a formal dining room, private office, sitting room, and a guest en-suite. Upstairs, the primary suite is a true retreat with its own fireplace, oversized walk-in closet, and spa-inspired bath with clawfoot tub and separate shower. Two additional bedrooms, a full bath, and laundry complete this level. The lower level adds incredible versatility with a temperature-controlled wine cellar, two bonus additional storage spaces, and an oversized heated two-car garage. Generator-ready for peace of mind. Enjoy the ultimate mountain escape on a thoughtfully designed patio with a built-in fire pit and spa hookups, surrounded by cherry trees and beautiful landscaping—an ideal setting for both lively entertaining and serene relaxation among the pines. With A/C, ample parking, and pride of ownership throughout, this rare offering is moments from the lake and trails—where luxury, nature, and lifestyle meet. Your Lake Arrowhead escape awaits—don’t miss it!
No exterior & parking available.
Grades PK-5 • 2.4 mi
Grades K-5 • 5.3 mi
Grades K-5 • 7.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,550 | 2,126 |
| Lot Size | 9,010 | 9,850 |
| Price | $929.0K | $669.1K |
| Price per sq ft | $364 | $346 |
| Built year | 2004 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 111 | 92 |
Jul 11, 2026
$929,000
$937,000
-1% Price Drop
Initial Listing
Jun 23, 2026
$937,000
$949,000
-1% Price Drop
Initial Listing
May 21, 2026
$949,000
$975,000
-3% Price Drop
Initial Listing
Apr 2, 2026
$975,000
Initial Listing
Nov 2, 2015
$426,000
Public Record
Dec 5, 2002
$35,500
Public Record
Oct 16, 2000
$26,000
Public Record
May 13, 1998
$30,000
Public Record