
Lake Arrowhead, California 92352
This Spacious Tri-Level Retreat is a Strong Value Opportunity, listed at $639,000—positioned well below the $652,575 Fair Market Value by 2%. This valuation gap offers $13,575 in Instant Equity. Featuring a 3-Car Garage, Lake Rights, and an Upgraded Kitchen, the property maintains a Condition Rating of 3. Its versatile layout and proximity to the lake make it an ideal mountain sanctuary. This is a prime acquisition for Owner-Occupants seeking lifestyle benefits or Buy-and-Hold Investors targeting the Lake Arrowhead rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 251 Oak Subject 4 bd · 3 ba · 2,384 sqft · $274 | $639,000* List Price | 4 | 3 | 2,384 | $274 | - |
A 230 Hemlock Drive Sold 4 bd · 3 ba · 2,412 sqft · $267 · 0.1 mi | $645,000 | 4 | 3 | 2,412 | $267 | 0.1 mi |
B 400 N State Highway 173 Sold 4 bd · 3 ba · 1,901 sqft · $316 · 0.4 mi | $600,000 | 4 | 3 | 1,901 | $316 | 0.4 mi |
C 352 Maple Drive Sold 4 bd · 2 ba · 1,850 sqft · $341 · 0.1 mi | $630,000 | 4 | 2 | 1,850 | $341 | 0.1 mi |
D 422 Klamath Sold 4 bd · 3 ba · 3,060 sqft · $229 · 0.7 mi | $700,000 | 4 | 3 | 3,060 | $229 | 0.7 mi |
E 180 Joaquin Miller Active 3 bd · 3 ba · 2,265 sqft · $347 · 0.2 mi | $785,000 List Price | 3 | 3 | 2,265 | $347 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but features a well-maintained 5-15 year old renovation. The interior showcases an upgraded kitchen with stone countertops, modernized bathrooms with a vessel sink, newer laminate flooring, and an updated deck with modern cable railings. The home is functional and move-in ready.
The property includes highly coveted Lake Rights and is situated within walking distance to the lake, providing premium access to Lake Arrowhead's most desirable amenities.
Features a rare attached 3-car garage plus an extended driveway for RV or boat parking, offering significant utility that is difficult to find in mountain communities.
The floor plan offers single-level living on the main floor combined with a massive lower-level bonus room, making it ideal for a game room, home theater, or multi-generational retreat.
Built in 1979, the property may require ongoing maintenance or further modernization of systems and finishes to compete with newer luxury builds in the area.
The assigned elementary schools have lower ratings (3 and 4), which may be a drawback for full-time residents prioritizing high-performing educational facilities.
**A RARE LAKE-RIGHTS RETREAT IN THE PALISADES — WALK TO THE LAKE!** Welcome to a truly special Lake Arrowhead opportunity where space, privacy, convenience, and the mountain lifestyle come together. Nestled in the desirable Palisades neighborhood, this spacious tri-level home offers the rare combination of LAKE RIGHTS, walkability to the lake, and a private 3-car garage—all features that make mountain living just a little more enjoyable. You'll appreciate the property's exceptional versatility. Street-level parking provides two dedicated spaces plus an additional off-street space, while a private driveway off Hwy 173 leads to the impressive attached 3-car garage. The extended driveway offers valuable additional space for an RV, boat, or recreational vehicle. Step inside and discover a thoughtfully designed home with plenty of room for family and guests. The main level offers the convenience of single-level living, featuring two comfortable bedrooms and a full bathroom, along with an upgraded kitchen, inviting living room, dining area, and a half bath. Step outside onto the deck and take in the peaceful mountain setting—a wonderful place to enjoy your morning coffee, unwind after a day at the lake, or gather with friends and family. Downstairs, 2 additional bedrooms, a full bathroom, and a massive bonus room provide an abundance of flexible living space. Imagine a private game room, creative studio, home theater, hobby space, office, or the ultimate mountain "man cave." With direct access toward the spacious garage, this level offers both flexibility and functionality. The best feature is the lifestyle this property provides. LAKE RIGHTS and within walking distance to the lake mean you'll have the opportunity to enjoy one of Lake Arrowhead's most coveted amenities right outside your door. Spend summer days on the water, explore the surrounding mountain trails, or simply escape the pace of everyday life and settle into the tranquility of the San Bernardino Mountains. Whether you're searching for a full-time mountain residence, weekend getaway, or spacious family retreat, this rare property offers room to live, entertain, store your mountain toys, and create lasting memories. Come experience the possibilities for yourself. Schedule your private showing today—this special Lake Arrowhead retreat may be the one you've been waiting for.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades K-5 • 5.8 mi
Grades K-5 • 7.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,384 | 1,979.061 |
| Lot Size | 6,500 | 10,277.399 |
| Price | $639.0K | $643.6K |
| Price per sq ft | $268 | $338 |
| Built year | 1979 | 1978 |
| HOA | $0 | $614 |
| Days on market | 30 | 91 |
Sep 24, 2026
$639,000
Initial Listing
Mar 23, 2018
$350,000
Public Record
Sep 20, 2013
$330,000
Public Record
Nov 9, 2009
$112,000
Public Record
Apr 27, 2001
$186,000
Public Record