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252 Crest Circle Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath

252 Crest Circle Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$875,000
252 Crest Circle Drive, Lake Arrowhead, California 92352
3Beds
2Baths
1,637Sqft
10,975Lot

Price Vs. Estimate

The estimated value ($422,057.245) is $452,942.755 (51%) lower than the list price ($875,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10975, living area = 1637.
Top Cons:
Significant Overpricing: The listing price of $875,000 is substantially higher than the property's estimated value of $422,057, indicating a potential overvaluation of over 100% compared to market benchmarks and recent comparable sales.

Compared to the nearby listings

Price:$875.0K vs avg $675.0K (+$200,000)72%
Size:1,637 sqft vs avg 1,933 sqft30%
Price/sqft:$535 vs avg $35186%

More Insights

Built in 1960 (65 years old).
Condition: This property has undergone a comprehensive 'stripped to the studs' renovation, as explicitly stated in the description. All major systems, including central heat and air, plumbing, and electrical, are brand new, along with a tankless water heater, dual-pane windows, and fully paid Tesla solar. The kitchen features high-end finishes, quartz countertops, premium stainless steel appliances, and stylish tile flooring, all appearing new and modern in the images. Designer flooring and custom lighting are evident throughout the interior, and the exterior boasts new decks and a fresh, modern aesthetic. Despite the original 1960 build year, the extensive and recent renovation brings the property's condition to that of a virtually new home, meeting current quality standards with no deferred maintenance.
Year Built
1960
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$535
HOA
-
Days on market
-
Sold On
-
MLS number
250032674SD
Home ConditionExcellent
Features
Good View: Mountain(s), River
Deck
Spa
ViewMountain(s), River

About this home

With full lake rights and just a five-minute walk to Lake Arrowhead Village, this fully renovated mountain retreat puts you at the heart of everything that makes Arrowhead special. Stripped to the studs and reimagined with high-end finishes throughout, the home blends modern comforts with timeless design. Designer flooring, custom lighting, and a true chef’s kitchen with quartz countertops and premium appliances elevate the interior. With three bedrooms, including a bunk room outfitted with built-in beds, USB ports, and thoughtful storage, it comfortably accommodates up to 10 guests. Ideal for entertaining or relaxing after a day on the water, two expansive decks offer partial lake views, outdoor dining space, and a private jacuzzi set among soaring evergreens on a tranquil quarter-acre lot. Additional upgrades include fully paid Tesla solar, brand-new central heat and air, a tankless water heater, upgraded plumbing and electrical, and dual-pane windows. This home is as energy-efficient as it is stylish. Whether you're boating, kayaking, or just soaking in the scenery, this property offers the best of mountain living and is already a successful short-term rental.

Condition Rating
Excellent
This property has undergone a comprehensive 'stripped to the studs' renovation, as explicitly stated in the description. All major systems, including central heat and air, plumbing, and electrical, are brand new, along with a tankless water heater, dual-pane windows, and fully paid Tesla solar. The kitchen features high-end finishes, quartz countertops, premium stainless steel appliances, and stylish tile flooring, all appearing new and modern in the images. Designer flooring and custom lighting are evident throughout the interior, and the exterior boasts new decks and a fresh, modern aesthetic. Despite the original 1960 build year, the extensive and recent renovation brings the property's condition to that of a virtually new home, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10975, living area = 1637.
Prime Location & Lake Rights: The property boasts full lake rights and is conveniently located just a five-minute walk from Lake Arrowhead Village, offering unparalleled access to amenities and recreational activities.
Extensive Modern Renovation: The home has undergone a comprehensive 'stripped to the studs' renovation, featuring high-end finishes, designer flooring, custom lighting, a chef’s kitchen with quartz countertops, and premium appliances, ensuring a modern and luxurious living experience.
Energy Efficiency & System Upgrades: Significant upgrades include fully paid Tesla solar panels, brand-new central heat and air conditioning, a tankless water heater, and updated plumbing and electrical systems, contributing to lower operating costs and enhanced comfort.
Outdoor Living & Entertainment: Two expansive decks provide ample space for outdoor dining and relaxation, complemented by a private jacuzzi set amidst soaring evergreens on a tranquil quarter-acre lot, perfect for entertaining or unwinding.
Proven Short-Term Rental Potential: The property is already a successful short-term rental, offering immediate income potential and a proven track record for investors or those seeking a vacation home with revenue opportunities.

Cons

Significant Overpricing: The listing price of $875,000 is substantially higher than the property's estimated value of $422,057, indicating a potential overvaluation of over 100% compared to market benchmarks and recent comparable sales.
Limited Lake Views: While 'partial lake views' are mentioned, the primary views listed are 'Mountain(s), River,' suggesting that prominent, expansive lake views, often highly sought after in Lake Arrowhead, are not a key feature.
Age of Original Structure: Despite extensive renovations, the home's original construction year of 1960 might raise concerns for some buyers regarding the long-term integrity of foundational elements or other aspects not explicitly covered by the renovation.

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