
Lake Arrowhead, California 92352
This Turnkey Mountain Sanctuary is a Strong Value Opportunity, listed at $1,295,000. While currently priced slightly above the $1,223,475 Fair Market Value, the property’s Condition Rating of 3 reflects a comprehensive, floor-to-ceiling remodel. Featuring Lake Rights, a Generac generator, and a versatile multi-unit layout with a private apartment, this home offers significant lifestyle utility. Located near the Rim of the World School District, it provides a stable, move-in ready environment. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-character retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 257 Corona Circle Subject | $1,200,000* List Price | 4 | 4 | 2,922 | $387 | - |
A 224 Crest Circle Sold | $875,000 | 5 | 3 | 2,200 | $398 | 0.1 mi |
B 242 Holiday Drive Sold | $950,000 | 3 | 4 | 2,172 | $437 | 0.0 mi |
C 234 Crest Active Under Contract | $1,100,000 List Price | 4 | 4 | 2,240 | $491 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1963, the property underwent a comprehensive floor-to-ceiling remodel over the past 10 years. The kitchen and bathrooms feature modern finishes and stainless steel appliances. Significant system upgrades include dual-pane windows, solar panels, air conditioning, and a Generac generator, placing it firmly in the well-maintained, move-in ready category.
The property features two separate apartments with private entrances and kitchens, offering exceptional flexibility for multi-generational living, guest hosting, or a home office.
Extensive renovations over the last decade include high-value additions such as solar panels, a Generac generator, and air conditioning, ensuring modern reliability in a mountain setting.
Boasting coveted Lake Rights and a short walk to Lake Arrowhead Village, the home offers premium access to shopping, dining, and recreational lake activities with beautiful views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10236, other record lot size in square feet = 8050. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2922, other record living area = 2064. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Despite comprehensive remodeling, the original 1963 construction may present underlying aged structural or utility elements compared to modern builds.
The local elementary and middle schools carry average ratings (4 and 5), which may be a consideration for families prioritizing top-tier educational districts.
LAKE VIEW, LAKE RIGHTS Lake Arrowhead retreat, lovingly held in the same family for over 40 years and thoughtfully transformed into a one-of-a-kind mountain sanctuary. Just minutes to Lake Arrowhead Village, Shops, and Restaurants. This is one of those homes you feel the love the moment you arrive, where every detail tells a story all Set against a backdrop of relaxing water sounds and lake views. Level Entry, with 5+ car parking. The main home offers 3 bedrooms, including a main-level primary suite, with two additional bedrooms and bathrooms upstairs, one reimagined as a private apartment with its own kitchen, separate access, and a hidden staircase behind a bookshelf leading to the attic for extra storage. Over the past 10 years, the home has been remodeled from floor to ceiling with care and intention to include... Almost Everything! Most windows have been upgraded to dual-pane glass, and modern comforts include solar, air conditioning, and a Generac generator. The property continues with a beautifully finished lower-level apartment, completely separate, full of charm, and with its own separate parking and access from Holiday Lane, offering flexibility for guests or extended living. Outside, the grounds are enchanting with peach, apple and pear trees. Relax to sounds of the water feature leading to a tranquil koi pond, along with lush landscaping, colorful flowering trees/plants and a darling she-shed with plumbing and electricity. So many special features to list you must see to appreciate all of them. Again, Just moments from Lake Arrowhead Village, where shopping, Yearly entertainment , dining, and the lake await. A rare opportunity rich in history, character, and possibility. FYI, the "Street View' on some sites show a Street view from Holiday and not Corona Circle.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades K-5 • 6.5 mi
Grades K-5 • 6.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,922 | 2,126 |
| Lot Size | 10,236 | 9,850 |
| Price | $1.20M | $669.1K |
| Price per sq ft | $411 | $346 |
| Built year | 1963 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 83 | 92 |
May 22, 2026
$1,200,000
$1,295,000
-7% Price Drop
Initial Listing
Apr 30, 2026
$1,295,000
Initial Listing
Aug 13, 2014
$261,500
Public Record