
Lake Arrowhead, California 92352
This Classic A-Frame Mountain Asset is listed at $500,000, representing a stable acquisition aligned with its $493,248 Fair Market Value. Featuring a Condition Rating of 4, the property presents a clear value-add play; the original 1970s finishes and wraparound balcony with forested views provide a blank canvas for forced appreciation through modernization. The investment is bolstered by a high-utilization 13,464 sqft lot and coveted Lake Rights within Arrowhead Woods. Located in the Rim of the World district near Mary P. Henck Intermediate, this property is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27352 Alpen Drive Subject | $500,000* List Price | 4 | 2 | 1,470 | $336 | - |
A 27300 Bernina Sold | $435,000 | 3 | 2 | 1,422 | $306 | 0.2 mi |
B 27380 Alpen Drive Sold | $507,000 | 3 | 2 | 1,695 | $299 | 0.1 mi |
C 307 Pioneer Road Sold | $475,000 | 3 | 2 | 1,406 | $338 | 0.8 mi |
D 27581 St Bernard Sold | $485,000 | 3 | 2 | 1,344 | $361 | 0.6 mi |
E 1190 Klondike Sold | $433,000 | 3 | 2 | 1,240 | $349 | 0.5 mi |
F 414 Grass Valley Sold | $500,000 | 3 | 2 | 1,459 | $343 | 0.8 mi |
G 117 A Active | $499,000 List Price | 3 | 2 | 1,560 | $320 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1970s mountain home that retains most of its original finishes, including the kitchen cabinets, tile countertops, and bathroom fixtures. While the home appears well-maintained and functional with some minor updates like new carpet in the office, the overall style is significantly dated. It meets the 'fair' criteria as it is over 20 years old with no major renovations, showing clear signs of being outdated while remaining livable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13464, living area = 1470.
Situated in the desirable Arrowhead Woods subdivision, this property includes coveted lake rights and is conveniently located near Lake Arrowhead Village, dining, and year-round mountain recreation.
The home features a dramatic A-frame design with soaring ceilings, exposed wood beams, and a wood-burning fireplace, providing a quintessential and inviting mountain retreat atmosphere.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The kitchen, bathrooms, and flooring feature original 1970s finishes, which will likely require a significant capital investment for modern updates to meet current market standards.
As a 1970s-built mountain home being sold with original finishes, buyers should expect the need for potential system upgrades or repairs common with properties of this vintage.
Set among the serene pines of Lake Arrowhead, this three-story mountain retreat captures the essence of peaceful alpine living with the added benefit of lake rights and close proximity to Lake Arrowhead, the village, and year-round recreation. The lower level adds versatility with a dedicated office or workroom with new carpet that can easily function as a bonus bedroom or guest space, along with a laundry room and an expansive storage area—ideal for seasonal gear or long-term use. The main living level showcases a dramatic A-frame design with soaring ceilings and exposed wood beams, creating a warm and inviting atmosphere centered around a classic wood-burning fireplace. Natural light pours in, while two access points lead out to a wraparound balcony. The adjacent kitchen maintains its original charm and connects seamlessly to the living space. This level also includes a bedroom and full bathroom for added convenience. Upstairs, two generously sized bedrooms are thoughtfully positioned on opposite sides of the home, offering privacy with a spacious bathroom in between featuring ample counter space. Both rooms include large closets, providing excellent storage. With original finishes throughout the kitchen, bathrooms, and flooring, this home presents a great opportunity to enjoy as-is or update to your personal style. Surrounded by nature yet just minutes from the lake, this is a true mountain escape with all the essentials for full-time living or a weekend retreat. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades K-5 • 5.9 mi
Grades K-5 • 7.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,470 | 1,952.5 | 22% |
| Lot Size | 13,464 | 9,857 | 85% |
| Price | $500.0K | $690.0K | 27% |
| Price per sq ft | $340 | $346 | 47% |
| Built year | 1970 | 1978 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 226 | 1% |
Apr 7, 2026
$500,000
Initial Listing