26333 Walnut Hills Dr, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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Lake Arrowhead, California 92352
This Mountain Value-Add Residence is listed at $645,000, offering a strategic entry into the exclusive Arrowhead Woods community. Currently maintaining a Functional Condition Rating, the home features original 1985 finishes but provides immense upside via a Build-ready Basement with utilities already in place. The $564,411 Fair Market Value reflects the current dated interior, yet the inclusion of Full Lake Rights and High Available Lot Utilization ensures long-term asset stability. This is a high-potential acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to force appreciation through modern renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26333 Walnut Hills Dr Subject | $645,000* List Price | 4 | 3 | 1,901 | $297 | - |
A 166 Brentwood Sold | $460,000 | 4 | 3 | 1,648 | $279 | 0.5 mi |
B 174 Hillcrest Court Sold | $712,500 | 4 | 3 | 2,168 | $329 | 0.3 mi |
C 325 Brentwood Sold | $595,000 | 3 | 3 | 2,290 | $260 | 0.5 mi |
D 116 Fairway Drive Sold | $734,000 | 4 | 3 | 2,598 | $283 | 0.3 mi |
E 305 Auburn Drive Active | $599,000 List Price | 5 | 4 | 2,352 | $255 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in functional condition but is significantly dated, largely reflecting its 1985 construction. The kitchen retains original oak cabinetry, white tile countertops, and fluorescent box lighting, though it has been partially updated with some stainless steel appliances. Throughout the home, finishes such as the green carpeting, wallpaper, and wood trim show their age. While the home appears well-maintained, it lacks modern renovations and requires cosmetic updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11161, living area = 1901.
Located in the prestigious Arrowhead Woods, this property includes highly coveted full lake rights, providing exclusive access to private lake amenities and recreational activities.
The home features a build-ready basement with utilities already in place, offering a significant opportunity to increase square footage and property value through future finishing.
The assigned elementary schools carry lower performance ratings, which may be a consideration for families prioritizing top-tier educational districts.
Built in 1985, the property may require more frequent maintenance of its wood exterior and decks compared to newer constructions in the mountain environment.
Welcome to Walnut Hills Drive, one of the desirable streets in Arrowhead Woods! Sunshine and warmer days have arrived! This charming Mountain Cottage offers full lake rights and is ideal as a full-time home, vacation getaway, or income-generating Airbnb. Built in 1985 the home features a warm fireside living room, gleaming hardwood floors, and a unique octagon-themed dining room layout. The cathedral-ceiling dining room and spacious kitchen with island bar make entertaining easy, while the wraparound decks provide great outdoor living space with peaceful forest views. Close to Golf course for more enjoyment and entertainment. With 4 large size bedrooms, 3 baths, and a fireplace in the primary, there's room for everyone to relax in comfort. A bonus potential with a build-ready basement (utilities in place). Wonderful parking in driveway that fits up to 4 vehicles. Close to Blue Jay’s shops, Lake Arrowhead Village for dining, grocery, and cafes. Whether you're hosting guests or enjoying it yourself, this home is a ready for its next owners.
No exterior & parking available.
Grades PK-5 • 3.3 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 | 3.0 | 3.0 | 50% |
| Square foot | 1,901 | 1,952.5 | 48% |
| Lot Size | 11,161 | 9,857 | 70% |
| Price | $645.0K | $690.0K | 44% |
| Price per sq ft | $339 | $346 | 47% |
| Built year | 1985 | 1978 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 185 | 226 | 35% |
Oct 19, 2025
$645,000
Initial Listing