27381 Cottonwood Lane, Lake Arrowhead, California 92317, Lake Arrowhead, 92317 - 3 bed, 3 bath
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27381 Cottonwood Lane
Lake Arrowhead, California 92317
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,613Sq Ft
9,725Lot Size
Property Price
LIST PRICE$470,000
EST. MARKET VALUE
$480,518
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $470,000—positioned well below the $480,519 Fair Market Value by 2%. This valuation gap provides $10,519 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional layout with Lake Rights and a Spacious Deck amidst a serene, wooded setting. While the interior reflects original 1992 finishes, the property is an ideal candidate for cosmetic modernization. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add mountain retreat.
Estimated Market Value
$480,518
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27381 Cottonwood Lane Subject | $470,000* List Price | 3 | 3 | 1,613 | $298 | - |
A 111 Grizzly Sold | $568,000 | 3 | 2 | 1,786 | $318 | 0.4 mi |
B 27381 Cottonwood Lane Active | $470,000 List Price | 3 | 3 | 1,613 | $291 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1992, this 32-year-old home appears to be in original condition. The kitchen features dated oak cabinetry and white tile countertops, and the bathrooms show original fixtures from the 90s. While the home is well-maintained and functional, the interior finishes, including the carpet and appliances, are over 30 years old and need modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9725, living area = 1613.
- Lake Rights & Proximity
The property includes coveted lake rights and is within walking distance to the water, providing immediate access to Lake Arrowhead's exclusive recreational amenities.
- Flexible Financing Options
The seller is highly motivated and offering seller financing, providing a significant advantage for buyers looking for creative terms in a competitive lending environment.
CONSRISKS & DEFICIENCIES
- Modest School Ratings
The assigned elementary schools have lower performance ratings (3 and 4), which may be a drawback for families prioritizing high-ranking educational districts.
- Potential for Modernization
Built in 1992, the home may require aesthetic updates or system upgrades to compete with newer or fully renovated properties in the Arrowhead Woods area.
About 27381 Cottonwood Lane
Charming Lake Arrowhead Home with Lake Rights. Welcome to your mountain escape perfect home for all seasons! This inviting 3-bedroom, 2.5-bathroom home is nestled in a peaceful Lake Arrowhead neighborhood, just a short walk to the lake. Surrounded by towering trees, the property offers a serene retreat while keeping you close to the heart of the community. Inside, you’ll find a cozy living room with a fireplace, creating the perfect space to unwind after a day outdoors. The functional floor plan includes 3 spacious bedrooms upstairs, a half bath on the main level for guests and two full bathrooms upstairs for comfort and convenience. Step outside onto the spacious deck, ideal for BBQs, entertaining, or simply enjoying the natural mountain setting. Whether you’re sipping your morning coffee or hosting family and friends, the deck is the perfect spot to embrace the beauty of Lake Arrowhead living. Very close to the Lake Arrowhead Village for dining, shopping and amazing concerts and steps away from the small town feel of Blue Jay Village. Additional highlights: Lake rights included Walking distance to the lake Peaceful neighborhood tucked away among the trees This home is perfect as a full-time residence, weekend getaway, or investment opportunity. Experience the charm of mountain living with lake access just steps away. Don’t miss this Lake Arrowhead gem—schedule your showing today! Seller Very Motivate. Seller finance is available.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 9,725 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 2.2 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 5.7 mi
3/10
Charles Hoffman Elementary School
Grades K-5 • 7.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,613 | 2,015.827 |
| Lot Size | 9,725 | 10,163.827 |
| Price | $470.0K | $655.9K |
| Price per sq ft | $291 | $341 |
| Built year | 1992 | 1980 |
| HOA | $0 | $544 |
| Days on market | 9 | 78 |
Pricing History
Listed for Sale
Aug 31, 2026
$470,000
Initial Listing