27282 Bernina Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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Lake Arrowhead, California 92352
This Turnkey Lake Arrowhead Residence is a High-Potential Investment Opportunity, listed at $645,000—positioned above the $614,415 Fair Market Value. Despite the premium, the property offers a Mint Condition Rating with high-quality recent renovations, including a modern kitchen and new concrete access. The versatile layout, featuring a separate studio apartment, provides significant income potential. Located within the Rim of the World School District, this home balances mountain lifestyle with functional flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27282 Bernina Drive Subject | $645,000* List Price | 4 | 3 | 2,165 | $284 | - |
A 635 Grass Valley Drive Sold | $645,000 | 3 | 2 | 2,119 | $304 | 0.2 mi |
B 414 Pioneer Sold | $690,000 | 4 | 2 | 2,068 | $334 | 0.5 mi |
C 26834 Huron Rd Sold | $734,500 | 5 | 3 | 2,464 | $298 | 0.9 mi |
D 528 Brentwood Sold | $635,000 | 3 | 2 | 1,792 | $354 | 0.9 mi |
E 27445 Cedarwood Court Sold | $620,000 | 4 | 4 | 1,734 | $358 | 0.6 mi |
F 27366 Matterhorn Sold | $775,000 | 4 | 4 | 2,450 | $316 | 0.5 mi |
G 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.0 mi |
H 544 Old Toll Active | $599,000 List Price | 4 | 3 | 1,690 | $354 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1976, the property has undergone a high-quality recent renovation (likely <5 years) featuring a modern kitchen with a blue island, quartz countertops, and stainless steel appliances. The interior boasts updated flooring, a contemporary stone fireplace, and modern mini-split HVAC. The addition of a newly finished studio apartment and new concrete access road further confirms its mint, move-in-ready status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14420, living area = 2165.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2165, other record living area = 1813.
Updated Lake Arrowhead home in a great neighborhood with LAKE RIGHTS and a peek-a-boo lake view! Open concept living and kitchen, master suite on its own level, large bedrooms, and abundant storage. Main level and upper level feature 3 bedrooms and 2 baths. Downstairs offers a separate studio apartment with private entrance -- perfect for income rental potential. Could easily be converted back into one 4 bedroom/3 bath home. Attached garage, lots of parking and access road was just recently done with all new concrete. Enjoy mountain living just minutes from the lake, golf course, beautiful park and so much more! A/C mini split services main level.
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades K-5 • 5.6 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,165 | 2,126 |
| Lot Size | 14,420 | 9,850 |
| Price | $645.0K | $669.1K |
| Price per sq ft | $298 | $346 |
| Built year | 1976 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 147 | 92 |
Jun 24, 2026
$645,000
$649,000
-1% Price Drop
Initial Listing
Apr 15, 2026
$649,000
$659,000
-2% Price Drop
Initial Listing
Feb 25, 2026
$659,000
Initial Listing
Apr 27, 2018
$359,000
Public Record
Sep 30, 2015
$299,000
Public Record
Oct 1, 2004
$260,000
Public Record
Jul 1, 2003
$175,000
Public Record