267 Pheasant, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 6 bed, 5 bath

267 Pheasant
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 267 Pheasant, Lake Arrowhead, California 92352 is currently available with a list price of $1,595,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 2000, is well-maintained and move-in ready. The main kitchen features granite countertops, stainless steel appliances, and an open layout, which are good quality. However, the main bathrooms, while functional and clean, show signs of being stylistically outdated with tile countertops and gold-toned fixtures. The MLS analysis also notes 'Age of Systems' as a weakness, indicating major systems may be nearing the end of their lifespan, and the absence of central air conditioning is a drawback for a luxury estate. While the attached guest house appears more recently updated, the overall condition of the main residence's key areas and systems aligns with the 'Fair' category, suggesting minor updates would be beneficial for a modern aesthetic.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42253, living area = 3802.
- Exclusive Gated Community & Lake Rights
Located in an exclusive gated community of estate homes on a nearly one-acre parcel, offering unparalleled privacy, prestige, and valuable lake rights with low HOA fees.
- Attached Guest House
Features an exceptional attached guest house with a full kitchen, laundry, and private bedroom, providing significant versatility for extended family, guests, or potential income generation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3802, other record living area = 3023.
- Age of Systems
Built in 2000, while well-maintained, some major systems (e.g., roof, plumbing, electrical) may be original or nearing the end of their typical lifespan, potentially requiring future capital expenditures.
- Absence of Central Air Conditioning
The property description highlights a 'whole house fan' but does not mention central air conditioning, which could be a drawback for some buyers during warmer periods in a luxury estate.
About 267 Pheasant
Luxurious Cedar Ridge Estate With Attached Guest House — Unmatched Value in a Gated Setting Located in an exclusive gated community of estate homes, this private mountain retreat sits on a 42,253 sq ft parcel (nearly one acre) with lake rights and low HOA fees. Every home in the neighborhood rests on at least an acre, offering space, privacy, and a true sense of prestige among grand custom residences. The main residence features multiple distinct living areas designed for both entertaining and everyday comfort. A formal front living room welcomes you upon entry, while the casual living room off the kitchen and dining area is filled with natural light from oversized windows and anchored by a cozy fireplace overlooking peaceful forest scenery. A formal dining room serves as a flexible space, currently styled as an entertainer’s bar and lounge, and can easily transition back to a traditional dining room. The kitchen is both functional and stylish, offering granite countertops, stainless steel appliances, ample cabinetry, and an open layout that connects seamlessly to the dining and living spaces. The primary suite is a private retreat with generous proportions and a spa-like bathroom featuring dual vanities, a soaking tub, and a glass-enclosed shower. Guest bedrooms and bathrooms are well-sized and thoughtfully appointed throughout. Outdoor living is a standout feature. A large upper deck includes an expansive outdoor dining area surrounded by mature trees and tranquil views. Below, a lower-level patio offers additional seating and dining space. The highlight is the custom stone outdoor fireplace, creating a resort-style setting ideal for entertaining or relaxing while enjoying your private, wooded surroundings. The guest house adds exceptional versatility with a large living space, full kitchen, dedicated laundry, and a spacious private bedroom located just off the kitchen—perfect for guests, extended family, or potential income use. Additional amenities include a whole house fan, whole house generator, and ample storage. With gated privacy, estate-sized land, flexible living spaces, and exceptional indoor-outdoor areas, this home offers a rare opportunity to own a true mountain estate lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 42,253 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $280.0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 1.8 mi
Charles Hoffman Elementary School
Grades K-5 • 5.4 mi
Valley Of Enchantment Elementary School
Grades K-5 • 7.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 3,802 | 1,979.5 | 92% |
| Lot Size | 42,253 | 9,767 | 98% |
| Price | $1.59M | $680.0K | 90% |
| Price per sq ft | $420 | $342 | 73% |
| Built year | 2000 | 1977 | 86% |
| HOA | $280.0 | $0 | 90% |
| Days on market | 86 | 236 | 4% |
Pricing History
Listed for Sale
Dec 11, 2025
$1,595,000
Initial Listing
Sold
Apr 6, 2021
$1,200,000
Public Record
Sold
Jul 2, 1998
$89,000
Public Record




















































