
Lake Arrowhead, California 92352
This Thunderbird-style Single Family Residence represents a High-Potential Investment Opportunity, listed at $749,000—positioned above the $663,554 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 3, ensuring a move-in ready experience. Featuring soaring ceilings, dual spacious decks, and coveted lake rights, this home provides a rare mountain lifestyle. With its 1/3-acre lot and seasonal creek, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a classic, well-maintained retreat near Grass Valley Lake.
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 | $409 | - |
A 528 Brentwood Sold | $635,000 | 3 | 2 | 1,792 | $354 | 0.5 mi |
B 279 Old Toll Sold | $585,000 | 3 | 2 | 1,697 | $345 | 0.7 mi |
C 27255 Bernina Sold | $545,000 | 3 | 3 | 1,638 | $333 | 0.4 mi |
D 401 Grizzly Road Sold | $603,000 | 3 | 2 | 1,612 | $374 | 0.4 mi |
E 539 Rainier Sold | $695,000 | 3 | 2 | 1,552 | $448 | 0.3 mi |
F 209 Massive Sold | $760,000 | 3 | 2 | 1,424 | $534 | 0.5 mi |
G 27445 Cedarwood Court Sold | $620,000 | 4 | 4 | 1,734 | $358 | 0.8 mi |
H 544 Old Toll Pending | $599,000 List Price | 4 | 3 | 1,690 | $354 | 0.4 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 interior shows clean finishes, updated paint, and functional living spaces that suggest a refresh or partial renovation within the last 5-15 years. It lacks the visible deterioration of a 'fair' or 'poor' property and appears to have been curated for immediate occupancy.
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 authentic knotty pine accents, offering a timeless lodge aesthetic that is highly sought after in the Lake Arrowhead market.
Situated just steps from Grass Valley Lake and the golf course, the property includes coveted lake rights, providing residents with exclusive access to private recreational amenities and high investment potential.
Built in 1971, the home may require updates to its mechanical systems or energy efficiency to meet modern standards, which could necessitate additional capital improvement after purchase.
The assigned elementary schools carry lower performance ratings (3 and 4), which may be a drawback for families prioritizing high-ranking educational districts.
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 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,600 | 2,126 |
| Lot Size | 13,100 | 9,850 |
| Price | $749.0K | $669.1K |
| Price per sq ft | $468 | $346 |
| Built year | 1971 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 35 | 92 |
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