27398 Matterhorn Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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27398 Matterhorn Drive
Lake Arrowhead, California 92352
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,881Sq Ft
11,140Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$663,428
5% AboveMARKET VALUE
SUMMARY
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $699,000—positioned well above the $654,604 Fair Market Value by 6%. While priced slightly above market, the property offers a Condition Rating of 3, featuring a fully furnished interior, Air Conditioning, and a Whole-House Water Filtration System. With Lake Privileges, a spacious deck, and Level Parking, this home provides a seamless lifestyle transition. It is an ideal acquisition for Buy-and-Hold Investors seeking income-producing potential or Owner-Occupants desiring a serene, move-in-ready mountain sanctuary.
Estimated Market Value
$663,428
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 |
|---|---|---|---|---|---|---|
★ 27398 Matterhorn Drive Subject | $699,000* List Price | 4 | 3 | 1,881 | $353 | - |
A 846 Golf Course Sold | $767,000 | 3 | 3 | 1,989 | $386 | 0.7 mi |
B 795 Bishorn Sold | $655,000 | 3 | 3 | 2,064 | $317 | 0.6 mi |
C 1078 Sandalwood Sold | $630,000 | 3 | 3 | 2,192 | $287 | 0.3 mi |
D 544 Old Toll Sold | $595,000 | 4 | 3 | 1,690 | $352 | 0.9 mi |
E 1348 Manzanita Sold | $540,000 | 4 | 3 | 1,856 | $291 | 0.4 mi |
F 1164 Klondike Sold | $565,000 | 3 | 4 | 1,666 | $339 | 0.3 mi |
G 1201 Voltaire Sold | $795,000 | 3 | 3 | 2,035 | $391 | 0.9 mi |
H 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.4 mi |
I 27322 Matterhorn Pending | $710,000 List Price | 3 | 2 | 1,983 | $358 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1990 (36 years old), the property is well-maintained and move-in ready with several 'thoughtful upgrades.' The kitchen features newer stainless steel appliances and updated flooring, though the oak cabinetry and tile counters remain dated. The addition of air conditioning and a whole-house water filtration system indicates well-maintained systems that elevate it above the 'Fair' category.
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 = 11140, living area = 1881.
- Turnkey Mountain Retreat
The property is offered fully furnished with a stylish 'Mountain BOHO' aesthetic and modern upgrades like air conditioning and a whole-house water filtration system, making it an ideal move-in-ready vacation home or rental.
- Lake Privileges & Accessibility
Located in the desirable Arrowhead Woods, this home includes coveted lake privileges and rare mountain features such as level parking, boat parking, and an attached garage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Average School Ratings
The local schools, particularly the elementary and middle schools, have average ratings (ranging from 3 to 5), which may be a consideration for buyers looking for a primary residence with top-tier educational facilities.
- Compact Bedroom Sizing
With four bedrooms distributed across approximately 1,881 square feet, individual room sizes may feel somewhat constrained compared to more modern, larger-scale mountain estates.
About 27398 Matterhorn Drive
Connect with nature in this level entry, move-in-ready fully furnished mountain retreat with a touch of Mountain BOHO. This inviting Lake Arrowhead home blends rustic charm, relaxed style, and thoughtful upgrades. From the moment you step inside, you'll feel right at home. The warm, welcoming atmosphere invites you to settle in and enjoy the relaxed mountain lifestyle. Vaulted cathedral ceilings create an airy sense of space, while a beautiful fireplace framed by custom bookcases serves as the heart of the living area. Remote-controlled ceiling fans in every bedroom and air conditioning provide year-round comfort. Offering level parking, fully furnished interiors, a whole-house water filtration system, and approximately 1,881 square feet of living space. This 4-bedroom, 2.5-bath home features two fireplaces. Just off the dining area, a spacious deck extends your living space outdoors—perfect for morning coffee, gathering with family and friends, or simply taking in the peaceful mountain setting. Large windows showcase tranquil views of the surrounding trees, mountains, and distant desert, bringing nature indoors throughout every season. The fully fenced, two-tiered backyard offers space to garden, relax on starry nights, or enjoy time with pets, embracing the easygoing Mountain inspired BOHO lifestyle. Adventure is always close by with LAKE PRIVILEGES!! Enjoy nearby Lake Arrowhead for boating, fishing, and lakeside recreation, or spend the day at the nearby golf course and country club. Hiking trails, off-road adventures, and local ski resorts are all within easy reach, making every season an opportunity to explore. Additional highlights include boat parking, an attached garage, and generous guest parking. Whether you're searching for a full-time residence, a weekend getaway, a vacation home, or an investment opportunity, this one-of-a-kind mountain escape offers the perfect blend of character, comfort, and the relaxed spirit of Lake Arrowhead living. Ideal for buyers seeking a serene, stylish, nature-inspired lifestyle with excellent potential as an income-producing mountain property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 11,140 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 • 1.6 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 5.9 mi
3/10
Charles Hoffman Elementary School
Grades K-5 • 8.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,881 | 2,015.827 |
| Lot Size | 11,140 | 10,163.827 |
| Price | $699.0K | $655.9K |
| Price per sq ft | $372 | $341 |
| Built year | 1990 | 1980 |
| HOA | $0 | $544 |
| Days on market | 35 | 78 |
Pricing History
Listed for Sale
Aug 5, 2026
$699,000
Initial Listing
Sold
Aug 23, 2023
$650,000
Public Record
Sold
Mar 16, 2010
$325,000
Public Record
Sold
Nov 15, 2000
$243,500
Public Record