248 Squirrel, Lake Arrowhead, California 92391, Lake Arrowhead, 92352 - 4 bed, 5 bath
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Lake Arrowhead, California 92391
This High-Potential Investment Opportunity is listed at $1,075,000, positioned well above the $964,470 Fair Market Value by -11%. Featuring a 4-bedroom, 5-bath layout with a Gourmet Kitchen and expansive deck, the home maintains a Condition Rating of 4, indicating a need for cosmetic modernization. While the school district offers moderate ratings, the property’s High Available Lot Utilization and versatile floor plan provide significant upside. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, customizable mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 248 Squirrel Subject | $1,075,000* List Price | 4 | 5 | 4,170 | $231 | - |
A 183 Chipmunk Sold | $1,000,000 | 6 | 6 | 4,265 | $234 | 0.1 mi |
B 292 N Fairway Active | $798,000 List Price | 4 | 4 | 3,600 | $222 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property is well-maintained and functional but remains largely dated. While the kitchen features granite counters and stainless appliances, the overall aesthetic—including oak cabinetry, brass fixtures, wallpaper borders, and 90s-style tile—requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20900, living area = 4170.
Boasting over 4,100 sqft, the home features a dedicated wine cellar, wet bar, and a flexible separate suite ideal for multi-generational living, a guest quarters, or a large home office.
The property is equipped with high-end Marvin windows, a gourmet kitchen with top-tier appliances, and extensive parking options including a 3-car garage and dedicated space for an RV or boat.
A recent significant price reduction of over $100,000 within the first month on the market may indicate initial overvaluation or a need for increased buyer momentum.
The assigned elementary schools carry lower performance ratings (3 and 4), which could be a deterrent for families prioritizing top-tier educational districts.
Situated in the highly coveted Summit area of Lake Arrowhead Woods, this entertainers paradise includes 4 bedrooms, 4.5 baths, a separate large room that could be the the 4th bedroom or mother-in-law quarters, office area or a large family room with stairs that lead outside. There is a large family room with pool table, wine cellar, wet bar and a living area. Marvin windows and central vac are a couple of features on this beautiful home! A laundry room, sewing/craft room, office with built-in drawers. Gourmet kitchen with center island, top of the line appliances, granite island plus a double oven. Formal dining room. Living room and primary bedroom have fireplaces. The outside has a very large deck with concrete overlay and custom railings. 3 car garage, nestled on nearly 1/2 acre of landscaped grounds. Parking for RV or Boat.
No exterior & parking available.
Grades PK-5 • 3.5 mi
Grades K-5 • 4.2 mi
Grades K-5 • 8.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 4,170 | 1,998.5 | 94% |
| Lot Size | 20,900 | 9,986.5 | 91% |
| Price | $1.07M | $677.5K | 81% |
| Price per sq ft | $258 | $343 | 12% |
| Built year | 1993 | 1978 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 217 | 1% |
Jun 12, 2026
$1,075,000
Initial Listing
May 18, 2026
$1,190,000
Initial Listing
Sep 9, 2010
$725,000
Public Record