230 Hemlock Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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Lake Arrowhead, California 92352
This Modernized Palisades Residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $849,821 Fair Market Value by 5%. This valuation gap provides $50,821 in Instant Equity for a property with an Excellent Condition Rating. The home features a Gourmet Viking Kitchen, a Whole-House Generac Generator, and a Newer Composite Deck on a rare near-level lot. Located within the Rim of the World district with full Lake Rights, this turnkey asset is ideal for Owner-Occupants seeking a mountain sanctuary or Vacation Rental Investors looking for a high-equity acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 230 Hemlock Drive Subject | $749,000* List Price | 4 | 3 | 2,412 | $316 | - |
A 362 Heliotrope Active | $649,000 List Price | 4 | 2 | 1,833 | $354 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1960, the property has undergone extensive recent renovations that bring it up to modern standards. The kitchen is fully updated with high-end Viking stainless steel appliances, soapstone countertops, and a porcelain farmhouse sink. The interior features updated hardwood flooring, recessed lighting, and exposed beams, while the exterior boasts fresh paint, a newer composite deck, and a whole-house Generac generator. These comprehensive updates to major systems and aesthetic components qualify it for an excellent rating.
Situated in the coveted Palisades area on a rare near-level lot with three parking spots, offering exceptional ease of access and convenience in a mountain setting.
The home features a gourmet kitchen with Viking appliances and soapstone counters, a whole-house Generac generator, and a newer composite deck, ensuring modern comfort and reliability.
Located within the lake rights territory and sold mostly furnished, this property provides immediate access to Lake Arrowhead's private amenities, trails, and beaches.
Built in 1960, the property may require ongoing maintenance or further updates to aging systems common in homes of this era despite recent cosmetic and functional improvements.
The 4,800-square-foot lot is relatively modest for a 2,412-square-foot home, which may limit outdoor privacy and space for significant future exterior expansions.
Pride of ownership in the Palisades on a near level lot. Arrive to your home located in the coveted Palisades with 3 parking spots, and about as level as it can get in the mountains. This property has a large fenced back yard, newer composite deck and back up whole house Generac generator. The main floor has both a living room and family room, an updated kitchen with soapstone counter tops, porcelain farm house sink, stainless steel viking appliances, bar-top counter seating and a door to the back deck which also takes you to the laundry room. There is also a large dining area, and 3/4 bathroom. The main living room boast lots of windows to allow the natural light to flood in, stone fireplace, and sliders that take you outside. Upstairs is the 4 large bedrooms, and 2 baths, and a sitting area with balcony. The homes exterior was just freshly painted, and a new water heater was installed in 2026. You are minutes from the lake, lake trails and beaches, and even close to the Cedar Glen shops and restaurants. Home comes mostly furnished and is located within the lake rights territory. This is a must see to appreciate.
No exterior & parking available.
Grades PK-5 • 1.3 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 | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,412 | 1,964 | 67% |
| Lot Size | 4,800 | 9,805 | 13% |
| Price | $749.0K | $692.5K | 58% |
| Price per sq ft | $311 | $346 | 35% |
| Built year | 1960 | 1978 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 226 | 1% |
Apr 19, 2026
$749,000
$799,000
-6% Price Drop
Initial Listing
Apr 4, 2026
$799,000
Initial Listing
Jan 22, 2015
$298,500
Public Record
Apr 29, 2009
$195,000
Public Record
Aug 24, 2004
$262,000
Public Record
Nov 25, 1998
$144,500
Public Record