
Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $479,000—positioned well below the $469,035 Fair Market Value by -2%. While the home currently holds a Condition Rating of 5, the significant Panoramic Mountain Views and Lake Rights provide a strong foundation for value-add renovations. The large 7,750 sqft lot offers excellent utility for a mountain retreat. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the desirable Arrowhead Woods location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26620 Modoc Subject 3 bd · 3 ba · 1,775 sqft · $247 | $449,900* List Price | 3 | 3 | 1,775 | $247 | - |
A 983 Teakwood Sold 3 bd · 2 ba · 1,676 sqft · $227 · 0.7 mi | $380,000 | 3 | 2 | 1,676 | $227 | 0.7 mi |
B 27376 Alpen Sold 4 bd · 2 ba · 1,784 sqft · $247 · 1.0 mi | $440,000 | 4 | 2 | 1,784 | $247 | 1.0 mi |
C 329 Grass Valley Road Sold 3 bd · 2 ba · 1,891 sqft · $258 · 0.7 mi | $487,000 | 3 | 2 | 1,891 | $258 | 0.7 mi |
D 26211 Spyglass Sold 3 bd · 2 ba · 1,497 sqft · $327 · 0.8 mi | $490,000 | 3 | 2 | 1,497 | $327 | 0.8 mi |
E 26822 Huron Sold 3 bd · 4 ba · 1,852 sqft · $265 · 0.8 mi | $490,000 | 3 | 4 | 1,852 | $265 | 0.8 mi |
F 472 Brentwood Active 3 bd · 3 ba · 1,740 sqft · $278 · 0.4 mi | $484,000 List Price | 3 | 3 | 1,740 | $278 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1991 (33 years old) and explicitly marketed as a rehab/flipper project. The kitchen is missing all appliances and has dated tile, bedrooms are missing finished flooring (exposed subfloor), and bathrooms retain original 1990s fixtures. The property requires significant renovation and finishing touches to be move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7750, living area = 1775.
Situated in the desirable Arrowhead Woods upper golf course area, this property includes coveted Lake Rights, providing exclusive access to private lake amenities and enhancing long-term value.
The home offers stunning, unobstructed panoramic views of the mountains and surrounding treetops, perfectly capturing the quintessential mountain-retreat atmosphere.
The property is marketed specifically for rehabbers and flippers, indicating that substantial investment, time, and labor are necessary to bring the home to move-in condition.
The significant price drop compared to its previous sale history suggests the home may have underlying condition issues or neglected maintenance that could complicate financing or increase total costs.
SAY HELLO TO A GOOD BUY! Great location. Great views. Lake Rights. Great potential. Calling all renovators, rehabbers and flippers—your opportunity is knocking! Located in desirable Arrowhead Woods - Upper golf course area, this mountain retreat is just minutes from the Lake Arrowhead Golf Course and, best of all, offers coveted Lake rights! Bring your vision and a few finishing touches to unlock the potential of this property. From the moment you walk through the door, you're greeted by panoramic, scenic mountain views and a peaceful treetop setting that perfectly captures the essence of mountain living. Surrounded by beautiful, mature oak trees, the property offers a true connection to nature and plenty of that quintessential mountain-retreat feeling. The home features 3 bedrooms, including a primary suite with its own ensuite bathroom, plus 2 additional bathrooms. An additional living room/family room provides extra space for entertaining, relaxing, or accommodating guests. Whether you're looking for a project to make your own, an investment opportunity, or a mountain getaway with room to add your personal touches, this one is worth a look! This property may qualify for a 203(k) FHA loan and make the improvements while getting into your mountain dream home!
No exterior & parking available.
Grades PK-5 • 2.6 mi
Grades K-5 • 4.8 mi
Grades K-5 • 8.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,775 | 1,979.061 |
| Lot Size | 7,750 | 10,277.399 |
| Price | $449.9K | $643.6K |
| Price per sq ft | $253 | $338 |
| Built year | 1991 | 1978 |
| HOA | $0 | $614 |
| Days on market | 66 | 91 |
Oct 8, 2026
$449,900
$479,000
-6% Price Drop
Initial Listing
Aug 19, 2026
$479,000
Initial Listing
Oct 25, 2022
$542,000
Public Record
Nov 18, 2019
$340,000
Public Record
Jul 22, 2003
$278,000
Public Record
Aug 29, 2000
$205,000
Public Record