267 Pheasant, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 6 bed, 5 bath
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Lake Arrowhead, California 92352
This Stunning Mountain Estate is listed at $1,500,000, aligning perfectly with its $1,500,000 Fair Market Value. Featuring a modernized granite kitchen, spacious multi-level decking, and a versatile attached guest house, the property boasts a Condition Rating of 3, ensuring a move-in ready experience. Situated on a nearly one-acre parcel in a gated community, it offers rare privacy and lake rights. While local schools maintain moderate ratings, the home’s expansive layout and resort-style outdoor fireplace provide exceptional lifestyle value. This is an ideal acquisition for multi-generational families or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 Pheasant Subject | $1,500,000* List Price | 6 | 5 | 3,802 | $395 | - |
A 27487 Matterhorn Active | $1,650,000 List Price | 5 | 5 | 4,512 | $366 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant updates throughout. The kitchen has been modernized with granite countertops, a farmhouse sink, and high-end stainless steel appliances, including a Viking dishwasher. The interior features well-maintained hardwood flooring, contemporary light fixtures, and updated cabinetry. While the home was built in 2000, it has been extensively updated and well-maintained, though it lacks central cooling, utilizing a whole-house fan instead.
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.
The property includes a fully equipped guest house with a full kitchen, laundry, and private bedroom, offering exceptional utility for multi-generational living or potential rental income.
Situated on a nearly one-acre parcel within an exclusive gated community, this residence provides rare privacy, prestige, and highly coveted lake rights.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3802, other record living area = 3023.
The local public schools serving this address have modest ratings ranging from 3 to 6, which may be a drawback for education-focused families.
The home utilizes a whole-house fan rather than a central air conditioning system, which could be a concern for buyers during increasingly warm summer months.
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.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades K-5 • 5.4 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 3,802 | 1,998.5 | 91% |
| Lot Size | 42,253 | 9,897 | 98% |
| Price | $1.50M | $685.0K | 88% |
| Price per sq ft | $395 | $346 | 68% |
| Built year | 2000 | 1978 | 85% |
| HOA | $280.0 | $0 | 90% |
| Days on market | 178 | 213 | 35% |
Jun 1, 2026
$1,500,000
$1,570,000
-4% Price Drop
Initial Listing
May 15, 2026
$1,570,000
$1,595,000
-2% Price Drop
Initial Listing
Dec 11, 2025
$1,595,000
Initial Listing
Apr 6, 2021
$1,200,000
Public Record
Jul 2, 1998
$89,000
Public Record