
Lake Arrowhead, California 92352
This Architectural Mountain Retreat is a Strong Value Opportunity, listed at $729,000—positioned well above the $664,722 Fair Market Value by -9%. Featuring a Good Condition Rating, this turnkey home offers modern upgrades like central air, tankless water heating, and new Trex decking. With coveted lake rights, a spacious 1/4 acre lot, and level entry access, it provides a rare blend of mountain lifestyle and practical convenience. This property is an ideal acquisition for Owner-Occupants seeking a primary residence or Buy-and-Hold Investors targeting the Lake Arrowhead vacation market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27322 Matterhorn Subject | $710,000* List Price | 3 | 2 | 1,983 | $335 | - |
A 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.4 mi |
B 279 Old Toll Sold | $585,000 | 3 | 2 | 1,697 | $345 | 1.0 mi |
C 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.4 mi |
D 401 Grizzly Road Sold | $603,000 | 3 | 2 | 1,612 | $374 | 0.8 mi |
E 635 Grass Valley Drive Sold | $645,000 | 3 | 2 | 2,119 | $304 | 0.6 mi |
F 929 Trinity Drive Sold | $520,000 | 3 | 2 | 1,900 | $274 | 0.6 mi |
G 28116 Lachen Road Sold | $765,000 | 3 | 2 | 1,963 | $390 | 1.0 mi |
H 677 Rhine Road Sold | $550,000 | 3 | 2 | 1,965 | $280 | 0.5 mi |
I 965 Sandalwood Drive Active | $549,000 List Price | 3 | 3 | 2,030 | $270 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982 but features significant recent updates including newer appliances, tankless water heating, and central air. The interior is well-maintained and move-in ready with updated kitchen surfaces and new Trex decking, fitting the 5-15 year renovation window for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11000, living area = 1983.
Located in the Arrowhead Woods subdivision, this property includes highly sought-after lake rights, providing exclusive access to Lake Arrowhead's private amenities and recreational activities.
This 1982 architectural home features soaring ceilings and a private primary wing, complemented by high-end updates like central air, tankless water heating, and new Trex decking.
The assigned elementary schools carry lower performance ratings (3 and 4), which may be a consideration for families prioritizing top-tier educational districts.
With 52 days on the market at its original list price, the property may be facing some market resistance relative to its current valuation or niche architectural style.
Prepare to be captivated by this architectural home that commands attention from every angle, perched on an expansive 1/4 acre canvas with the kind of style and vision that makes design enthusiasts take note. The thoughtfully curated living space where every detail tells a story of impeccable taste and artistic vision, all enhanced by those coveted lake rights that transform this property from exceptional to extraordinary. From the moment you enter, you'll understand why this 1982 architectural gem stands apart—soaring ceilings create cathedral-like grandeur while the inspired flow guides you through spaces that feel both gallery-worthy and livable, including a sunroom that frames the surrounding trees like living artwork. The uniqueness multiplies with three strategically positioned decks that blur the lines between indoor and outdoor living, two statement fireplaces that anchor gathering spaces with warmth and style, and a brilliantly conceived primary suite retreat that occupies its own private wing complete with a personal deck for those special sunrise moments. Recent updates showcase an attention to both form and function, including sleek new Trex decking, lovingly restored vintage doors that add authentic character and charm, custom millwork that speaks to true craftsmanship, newer appliances, tankless water heating, central air, and a built-in firepit that transforms your backyard into a gathering place of it's own. The property's undeniable charm extends to its practical elegance with seamless year-round access via a maintained county road and level entry through the attached two-car garage, proving that style and substance can coexist beautifully. Having successfully existed as both an exclusive family retreat and a successful Airbnb, this turnkey opportunity offers the rare chance to own a piece of architectural history that's as comfortable as it is charming, in one of California's most desirable mountain communities.
No exterior & parking available.
Grades PK-5 • 1.7 mi
Grades K-5 • 5.8 mi
Grades K-5 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,983 | 2,126 |
| Lot Size | 11,000 | 9,850 |
| Price | $710.0K | $669.1K |
| Price per sq ft | $358 | $346 |
| Built year | 1982 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 85 | 92 |
Jun 30, 2026
$710,000
$729,000
-3% Price Drop
Initial Listing
Apr 28, 2026
$729,000
Initial Listing
Mar 14, 2019
$400,000
Public Record
Feb 22, 2013
$214,500
Public Record