
Cedar Glen, California 92321
This Entry-Level Mountain Retreat is listed at $221,500, positioned as a stable acquisition near its $216,075 Fair Market Value. Boasting a Condition Rating of 4, the residence features Recent Interior Upgrades such as new vinyl plank flooring, fresh carpet, and a new gas water heater. The property offers a serene Forested Woods View and exceptional Year-Round Accessibility within the Rim of the World district. This Value-Add Asset provides a low-cost entry into the Lake Arrowhead market, making it an ideal choice for Short-Term Rental Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 197 Western Drive Subject | $221,500* List Price | 2 | 1 | 651 | $332 | - |
A 29251 Lake Brook Avenue Active | $284,000 List Price | 3 | 1 | 900 | $316 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property has received some recent cosmetic updates including new vinyl plank flooring, fresh carpet, and new interior doors. However, the kitchen and bathroom remain significantly outdated, featuring older tile countertops, painted original cabinetry with visible wear, and an aged metal shower stall. Built in 1958, the home retains older systems like wall-mounted heaters and visible electrical conduit on the ceilings, fitting the criteria for a well-maintained but aged property requiring further modernization.
The home features several key improvements, including new flooring, fresh carpeting, new doors, and a new gas water heater, providing a refreshed and move-in-ready interior.
Located just two lots from the snow-plowed Hook Creek Road, the property offers easy and reliable access during the winter months, a significant advantage in mountain communities.
With a recent price reduction to $221,500, this property serves as an affordable entry point into the Lake Arrowhead real estate market for first-time buyers or investors.
At only 651 square feet, the home's compact footprint may be restrictive for families or those requiring additional storage and living area.
Built in 1958, the property may require further investment into older structural or mechanical systems that have not been modernized alongside the cosmetic updates.
HAVE YOU EVER DREAMED OF HAVING YOUR OWN PRIVATE HOME IN THE LAKE ARROWHEAD AREA? A place to for clean air, sparking views, artistic shops to explore, fine restaurants, up to the ski lifts in Snow Valley or over to SkyPark at Santa's Village, a year-round outdoor adventure park with activities like mountain biking, zip lines, and themed entertainment. Perhaps a ride on the Lake Arrowhead Paddle Wheeler River Boat, or a trip to Arrowhead Village to watch free, live entertainment. Or just grab a walking stick and take a hike into the woods to watch the creatures, large and small. Or perhaps you're working in the area and tired of renting. Here's a chance to grab your own piece of land and establish a home. This house will never be this inexpensive again. PRICE has been DROPPED, THE OWNER NEEDS TO SELL. Beautiful, well-loved two bedroom home in Cedar Glen area of Lake Arrowhead. Beautiful fireplace, new floors, all new doors, fresh carpet, new gas water heater. In one of the nicest areas in Lake Arrowhead. Great for kids, big mostly fenced backyard, a stone’s throw from the Cedar Glen Malt Shop, a short walk to views of the Lake, private/no crowds/ easy access… What could be better? A great fun home at a modest price. Two lots up from snow-plowed Hook Creek Road makes access easy year around. and all those wonderful Pines. Buy this beauty and keep it in your family forever, leave it to your grandkids.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 651 | 1,330 | 17% |
| Lot Size | 4,190 | 7,917.5 | 33% |
| Price | $221.5K | $380.1K | 33% |
| Price per sq ft | $340 | $274 | 83% |
| Built year | 1958 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 297 | 293 | 67% |
Mar 24, 2026
$221,500
$224,000
-1% Price Drop
Initial Listing
Dec 25, 2025
$224,000
$232,800
-4% Price Drop
Initial Listing
Nov 25, 2025
$232,800
$235,800
-1% Price Drop
Initial Listing
Oct 5, 2025
$235,800
$238,800
-1% Price Drop
Initial Listing
Aug 11, 2025
$238,800
Initial Listing
Jun 29, 2025
$248,800
Initial Listing