27381 Cottonwood Lane, Lake Arrowhead, California 92317, Lake Arrowhead, 92317 - 3 bed, 3 bath
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Lake Arrowhead, California 92317
This Value-Add Mountain Retreat is listed at $590,000, currently positioned slightly above its $554,791 Fair Market Value. The "Motivated Seller" status and recent price reduction provide a strategic opening to secure a property with highly coveted Lake Rights. Carrying a Condition Rating of 4, the 1992 interior—featuring original oak cabinetry and dated finishes—presents a significant opportunity for forced appreciation through cosmetic updates. Set on a generous 9,725 SqFt Lot within the Rim of the World district, this home is ideal for Value-Add Investors or Owner-Occupants seeking to build equity near Lake Arrowhead Village.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27381 Cottonwood Lane Subject | $590,000* List Price | 3 | 3 | 1,613 | $344 | - |
A 267 Pioneer Road Sold | $440,000 | 3 | 2 | 1,536 | $286 | 0.5 mi |
B 465 Blue Jay Canyon Road Sold | $442,500 | 3 | 2 | 1,115 | $397 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this property is 32 years old and shows signs of its original construction without significant modern updates. The kitchen features dated oak cabinets, tile countertops, and older appliances. Bathrooms also have dated tile countertops and fixtures. While the home appears well-maintained and functional, the interior finishes, particularly the kitchen, bathrooms, and green carpeting throughout, are outdated and would require substantial cosmetic renovations to meet current aesthetic standards. It is aged but maintained, with major components functional but showing signs of being outdated.
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.
The property includes highly desirable Lake Rights and is just a short walk to the lake, offering premium access to Lake Arrowhead's recreational opportunities.
Nestled in a peaceful Lake Arrowhead neighborhood, the home is very close to Lake Arrowhead Village for dining, shopping, and entertainment, and steps away from Blue Jay Village.
The listing explicitly states 'Motivated Seller' and has undergone a recent price reduction from $625,000 to $590,000, which may suggest urgency or initial overpricing.
While a fireplace is mentioned for warmth, there is no indication of a cooling system (e.g., air conditioning), which could be a significant comfort drawback during warmer months.
Built in 1992, and without specific mention of recent major renovations (e.g., kitchen, bathrooms, flooring), the property may feature original or dated finishes and systems that could require future updates or maintenance.
Motivated Seller: 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.
No exterior & parking available.
Grades PK-5 • 2.2 mi
Grades K-5 • 5.7 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 1,613 | 1,613 | 50% |
| Lot Size | 9,725 | 9,563 | 71% |
| Price | $590.0K | $450.0K | 86% |
| Price per sq ft | $366 | $246 | 71% |
| Built year | 1992 | 1971 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 227 | 287 | 29% |
Oct 24, 2025
$590,000
$625,000
-6% Price Drop
Initial Listing
Sep 7, 2025
$625,000
Initial Listing