
Lake Arrowhead, California 92352
This Mountain Retreat represents a Strong Value Opportunity, listed at $800,000—positioned well above the $748,777 Fair Market Value by -6%. While priced at a premium, the property features Coveted Lake Rights, Panoramic Mountain Views, and a massive 18,103 sqft lot. With a Fair Condition Rating, the basement offers significant ADU Conversion Potential to drive future appreciation. This home is an ideal acquisition for Owner-Occupants seeking a lifestyle property or Buy-and-Hold Investors targeting the Lake Arrowhead vacation rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 264 El Dorado Drive Subject 3 bd · 3 ba · 2,148 sqft · $349 | $800,000* List Price | 3 | 3 | 2,148 | $349 | - |
A 274 N Fairway Sold 3 bd · 4 ba · 1,730 sqft · $376 · 0.1 mi | $650,000 | 3 | 4 | 1,730 | $376 | 0.1 mi |
B 128 Brentwood Drive Sold 4 bd · 4 ba · 2,253 sqft · $377 · 0.5 mi | $850,000 | 4 | 4 | 2,253 | $377 | 0.5 mi |
C 348 Brentwood Active 3 bd · 3 ba · 1,936 sqft · $349 · 0.4 mi | $675,000 List Price | 3 | 3 | 1,936 | $349 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (36 years old), the property is well-maintained but fundamentally dated. While it features some updates like stone countertops and wood flooring, the kitchen cabinetry and tile appear original to the build date. The home is functional and move-in ready, but the age of the core finishes and systems places it in the fair category, requiring modernization to meet current market trends.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18103, living area = 2148.
Located in Arrowhead Woods, this property includes highly desirable Lake Rights, granting exclusive access to private beaches, boating, and fishing on Lake Arrowhead.
The expansive 18,103 sqft lot features a beautifully terraced backyard and a full outdoor kitchen, providing a premium space for mountain entertaining and relaxation.
The assigned elementary schools in the district carry relatively low performance ratings (3-4/10), which may be a concern for families prioritizing top-tier education.
The terraced backyard and mountain location indicate sloped terrain, which can lead to higher landscaping maintenance costs and limited flat usable yard space.
Beautiful Mountain Home with Lake Rights, Views & Exceptional Outdoor Living Welcome to your mountain retreat! Beautifully situated with mountain views and coveted Lake Rights, this spacious 3-bedroom, 2.5-bath home offers the perfect blend of comfort, functionality, and the Lake Arrowhead lifestyle. Whether a full-time residence, weekend escape, or vacation home, this property is ready to welcome you. The inviting floor plan features a spacious living room with soaring ceilings and a fireplace, creating a warm gathering space. The adjoining family room/media room offers another fireplace and is perfect for movie nights, entertaining, or relaxing with family and friends. The kitchen features a breakfast nook overlooking the beautifully terraced backyard. A separate sunroom with a sofa bed provides a wonderful space for overnight guests or enjoying the natural surroundings. The spacious primary suite features double-door entry, a sitting area, and a high ceiling, creating a private retreat. Two additional bedrooms provide plenty of room for family and guests. A convenient laundry room is located on the main level. Lake Rights provide access to recreational opportunities including fishing, beaches, boating, kayaking, paddleboarding, and more. The home is also close to the forest, scenic hiking trails, golf, and the country club. Additional features include wood flooring throughout, central air conditioning and heating, two fireplaces, two separate driveways, and a two-car attached garage. Enjoy the large backyard with an outdoor kitchen, perfect for entertaining and enjoying the fresh mountain air. The basement offers additional space with potential for a variety of uses, including the possibility of an ADU, subject to applicable permits and local requirements. This is more than a home—it is an opportunity to enjoy the beauty and tranquility of mountain living. Come experience your own Lake Arrowhead getaway!
No exterior & parking available.
Grades PK-5 • 3.3 mi
Grades K-5 • 4.3 mi
Grades K-5 • 8.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,148 | 1,979.061 |
| Lot Size | 18,103 | 10,277.399 |
| Price | $800.0K | $643.6K |
| Price per sq ft | $372 | $338 |
| Built year | 1990 | 1978 |
| HOA | $0 | $614 |
| Days on market | 40 | 91 |
Sep 14, 2026
$800,000
Initial Listing
Nov 30, 2018
$370,000
Public Record
May 5, 2014
$346,000
Public Record
Oct 13, 2005
$535,000
Public Record
Sep 15, 1999
$267,500
Public Record