
Lake Arrowhead, California 92352
This Classic Thunderbird Mountain Lodge is a High-Potential Investment Opportunity, listed at $749,000—positioned above the $647,139 Fair Market Value. While currently priced for the market, the property offers significant long-term value through its 1/3-acre lot, coveted lake rights, and iconic architectural style. Featuring a Condition Rating of 3, the home is move-in ready with well-maintained vintage charm. Its proximity to Rim of the World High School and local recreational amenities makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a serene mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26974 Tunnel Subject | $749,000* List Price | 3 | 2 | 1,600 | $404 | - |
A 544 Old Toll Sold | $595,000 | 4 | 3 | 1,690 | $352 | 0.4 mi |
B 528 Brentwood Sold | $635,000 | 3 | 2 | 1,792 | $354 | 0.5 mi |
C 279 Old Toll Sold | $585,000 | 3 | 2 | 1,697 | $345 | 0.7 mi |
D 401 Grizzly Road Sold | $603,000 | 3 | 2 | 1,612 | $374 | 0.4 mi |
E 27255 Bernina Sold | $545,000 | 3 | 3 | 1,638 | $333 | 0.4 mi |
F 209 Massive Sold | $760,000 | 3 | 2 | 1,424 | $534 | 0.5 mi |
G 27364 Pinewood Sold | $699,000 | 3 | 2 | 2,000 | $350 | 0.9 mi |
H 863 Grass Valley Active | $600,000 List Price | 3 | 3 | 1,581 | $380 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1971, the property is exceptionally well-maintained and move-in ready. The bathroom shows signs of a mid-range renovation (vanity and fixtures) likely within the last 10-15 years, and the exterior decks appear recently stained. The interior finishes, including the knotty pine and flooring, are in functional, clean condition, meeting the criteria for a well-maintained home of its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13100, living area = 1600.
This classic 'Thunderbird' style home features soaring ceilings, exposed beams, and a dramatic wall of glass, offering the quintessential Lake Arrowhead lodge aesthetic that remains highly sought after.
Situated just steps from Grass Valley Lake and the golf course, the property includes coveted lake rights, providing exclusive access to private recreational amenities and enhancing long-term value.
Built in 1971, the home may require significant updates to its original systems, insulation, or windows to meet modern energy efficiency standards and comfort levels.
With 65 days on the market at its current price point, the property may be experiencing pricing resistance relative to its 1,600 square foot size and older interior finishes.
Just steps from Grass Valley Lake, this classic Thunderbird is a standout example of one of Lake Arrowhead's most beloved architectural styles. Soaring ceilings, exposed beams, knotty pine, a dramatic wall of glass, and a striking antler chandelier create an unforgettable first impression. Natural light pours into the living spaces, highlighting the home's architectural character and connection to its surroundings. The main living area centers around a beautiful fireplace, offering a warm and inviting space to gather after a day on the lake, the golf course, or nearby trails. Rich wood accents and timeless mountain details evoke the feeling of a private lodge, while the thoughtful floor plan offers comfort and flexibility for everyday living or weekend escapes. The kitchen and dining area are well positioned for both casual meals and entertaining, creating a natural flow between the home's gathering spaces. A bedroom and full bath on the main level add convenience and flexibility, while downstairs, two additional bedrooms, a second full bath, and a secondary living area create an ideal setup for guests, extended family, or multi-generational living. Outside, two spacious decks extend the living space outdoors, offering front row seats to crisp mountain mornings, golden hour sunsets, and star filled evenings. Whether hosting friends for a summer barbecue or enjoying a quiet cup of coffee, these generous outdoor spaces provide the perfect place to slow down and take in the surroundings. Below, a seasonal creek winds through the property, adding a peaceful natural element and the soothing sound of running water during the wetter months. Set on approximately one third of an acre, the property offers a rare sense of space with room to further enhance the grounds or explore future possibilities. Desirable level parking and coveted lake rights add everyday convenience. Ideally located just steps from Grass Valley Lake and moments from the golf course and country club, the home places some of the area's most sought after recreational amenities within easy reach. Whether you're gathered around the fire on a snowy winter evening, enjoying the fresh mountain air from the deck, or spending the day on the lake with family and friends, this Thunderbird offers the kind of authentic mountain experience that never goes out of style.
No exterior & parking available.
Grades PK-5 • 2.3 mi
Grades K-5 • 5.2 mi
Grades K-5 • 8.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,600 | 2,015.827 |
| Lot Size | 13,100 | 10,163.827 |
| Price | $749.0K | $655.9K |
| Price per sq ft | $468 | $341 |
| Built year | 1971 | 1980 |
| HOA | $0 | $544 |
| Days on market | 85 | 78 |
Jun 17, 2026
$749,000
Initial Listing
Dec 19, 2024
$705,000
Public Record
Feb 28, 2020
$415,000
Public Record
Aug 2, 1999
$199,000
Public Record
Jun 26, 1998
$172,500
Public Record