
Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $479,000—positioned well below the $457,754 Fair Market Value by -4%. While the property requires significant capital for modernization, its Condition Rating of 5 and Coveted Lake Rights provide a solid foundation for value-add projects. The large 7,750 sqft lot and Panoramic Mountain Views offer rare upside in the Arrowhead Woods area. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to unlock equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26620 Modoc Subject | $479,000* List Price | 3 | 3 | 1,775 | $258 | - |
A 26822 Huron Sold | $490,000 | 3 | 4 | 1,852 | $265 | 0.8 mi |
B 329 Grass Valley Road Sold | $487,000 | 3 | 2 | 1,891 | $258 | 0.7 mi |
C 307 Pioneer Road Sold | $475,000 | 3 | 2 | 1,406 | $338 | 0.8 mi |
D 1190 Klondike Sold | $433,000 | 3 | 2 | 1,240 | $349 | 0.9 mi |
E 472 Brentwood Active | $538,000 List Price | 3 | 3 | 1,740 | $309 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1991 (33 years old), the property is explicitly marketed to 'renovators, rehabbers and flippers,' indicating it requires more than minor cosmetic work. While there are some recent flooring updates, the kitchen and bathrooms remain largely original with dated tile and cabinetry, and the overall description suggests the need for a significant overhaul to meet modern standards.
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.
Located in the desirable Arrowhead Woods subdivision, this property includes highly sought-after Lake Rights and a prime location near the upper golf course area.
The home offers stunning, unobstructed mountain and treetop views from a peaceful setting, perfectly capturing the quintessential mountain-retreat atmosphere.
The property is explicitly marketed as a fixer-upper requiring vision and finishing touches, implying a need for significant additional capital investment for repairs and modernization.
The local elementary schools serving the area carry lower ratings (3 and 4), which may be a drawback for families prioritizing high-performing educational districts.
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 Woos - 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!
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 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,775 | 2,015.827 |
| Lot Size | 7,750 | 10,163.827 |
| Price | $479.0K | $655.9K |
| Price per sq ft | $270 | $341 |
| Built year | 1991 | 1980 |
| HOA | $0 | $544 |
| Days on market | 21 | 78 |
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