26241 Thunderbird, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath
Loading property details...
Lake Arrowhead, California 92352
This unfinished mountain residence presents a High-Potential Investment Opportunity with a List Price of $699,000. While the current valuation reflects the unfinished state, the property offers significant upside for those capable of completing the interior. Featuring a 4-bed, 4-bath layout and a 13,100 sqft lot, the home provides a modern footprint in a high-demand market. With a Condition Rating of 5, this project is best suited for Fix-and-Flip Investors or Contractors utilizing FHA 203(k) financing to capture long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26241 Thunderbird Subject | $699,000* List Price | 4 | 4 | 2,817 | $211 | - |
A 305 Auburn Drive Active | $599,000 List Price | 5 | 4 | 2,352 | $255 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although the structure was built in 2023, it is unfinished new construction described as a shell with only the 'bones' in place. It lacks a functional kitchen, bathrooms, and completed systems, requiring a full interior rehab to be livable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13100, living area = 2817.
As an unfinished new construction with the structural 'heavy lifting' already completed, this property offers a unique opportunity to capture substantial upside and build immediate equity upon completion.
Built in 2023, the 2,817 square foot floor plan featuring 4 bedrooms and 4 bathrooms provides a modern, spacious living environment that is highly sought after compared to older area cabins.
The home is currently uninhabitable and requires significant additional capital, time, and professional management to finish the interior and exterior to a livable standard.
Sold in as-is condition, the buyer assumes all responsibility for any potential structural, permitting, or compliance issues that may have arisen during the initial phases of construction.
Unfinished new construction in the highly desirable Lake Arrowhead mountain community. The heavy lifting is already done, lot is developed, structural investment is in place, and the bones are there for someone to come in and cross the finish line. The project is being passed on to the right buyer to take it over and capture the upside. This is a 4 bed, 3.5 bath mountain home with serious resale potential in a market where finished product is limited and demand stays strong year round. Lake Arrowhead draws buyers from all over Southern California, keeping values solid for those who know how to execute. FHA 203(k) financing eligible; buyers have the option to wrap the purchase price and renovation costs into one loan, making this an accessible entry point for the right buyer looking to finish and occupy or flip for profit. Bring your contractor, run your numbers, and make an offer. Properties like this in this market do not come around often. Sold As-Is. Cash, Hard Money, or FHA 203(k) financing welcome. Proof of funds or pre-approval required with all offers.
No exterior & parking available.
Grades PK-5 • 3.5 mi
Grades K-5 • 4.3 mi
Grades K-5 • 8.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 2,817 | 1,998.5 | 76% |
| Lot Size | 13,100 | 9,897 | 82% |
| Price | $699.0K | $685.0K | 53% |
| Price per sq ft | $248 | $344 | 7% |
| Built year | 2023 | 1978 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 212 | 1% |
May 29, 2026
$699,000
Initial Listing
Dec 30, 2020
$42,500
Public Record