27454 Matterhorn Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
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Lake Arrowhead, California 92352
This Spacious Mountain Residence represents a High-Potential Investment Opportunity, listed at $799,500—positioned well below the $824,059 Fair Market Value by 2%. This valuation gap provides $24,559 in Instant Equity. While the home maintains a Condition Rating of 4, its 3,000 square feet, spacious deck, and mountain views offer significant upside for cosmetic modernization. Located near Rim of the World High School, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27454 Matterhorn Drive Subject | $799,500* List Price | 3 | 3 | 2,969 | $278 | - |
A 27685 St Bernard Sold | $890,000 | 3 | 3 | 2,612 | $341 | 0.3 mi |
B 27618 W Shore Road Sold | $680,000 | 3 | 3 | 2,242 | $303 | 0.3 mi |
C 1096 Nadelhorn Drive Sold | $685,000 | 3 | 3 | 1,994 | $344 | 0.2 mi |
D 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.5 mi |
E 27454 Matterhorn Drive Active | $799,500 List Price | 3 | 3 | 2,969 | $269 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this 34-year-old home is well-maintained but largely dated. The kitchen features original oak cabinetry and older lighting fixtures, though counters have been updated. Interior finishes like the carpet, trim, and ceiling fans reflect the original construction era and require cosmetic modernization.
With nearly 3,000 square feet of thoughtfully designed space and multiple gathering areas, this home is perfectly suited for hosting large families or weekend guests.
Situated in the sought-after Arrowhead Woods subdivision, the property offers close proximity to Lake Arrowhead Village, dining, and outdoor recreation, likely including coveted lake rights.
The home features large windows and a spacious deck that showcase peaceful forest and mountain views, providing a true mountain escape atmosphere.
Built in 1990, the property may require cosmetic updates or interior renovations to meet the aesthetic preferences of modern luxury buyers.
The assigned elementary and middle schools have average to below-average ratings (3-5), which may be a consideration for families prioritizing top-tier educational facilities.
Welcome to your mountain escape in the heart of Lake Arrowhead. Nestled among towering pines and surrounded by the natural beauty that makes Lake Arrowhead one of Southern California's most sought-after mountain destinations. Inside, you'll find nearly 3,000 square feet of thoughtfully designed living space featuring multiple gathering areas, generous bedrooms, and an inviting floor plan ideal for hosting family and friends. Large windows bring the outdoors in, filling the home with natural light and showcasing the peaceful forest setting. Whether you're enjoying a quiet morning with coffee on the deck, gathering around the fireplace after a day on the lake, or entertaining guests for a weekend getaway, this home was designed to create lasting memories. Located within close proximity to Lake Arrowhead Village, dining, shopping, hiking trails, and outdoor recreation, the property offers convenient access to everything that makes mountain living so special. From boating and fishing in the summer to cozy winter weekends by the fire, every season brings a new opportunity to enjoy the lifestyle that draws people to Lake Arrowhead year after year. Whether you're searching for a full-time residence, a weekend retreat, or a place where friends and family naturally gather, 27454 Matterhorn Drive offers the space, setting, and mountain charm to make it your own.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades K-5 • 6.0 mi
Grades K-5 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,969 | 2,126 |
| Lot Size | 11,559 | 9,850 |
| Price | $799.5K | $669.1K |
| Price per sq ft | $269 | $346 |
| Built year | 1990 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 35 | 92 |
Jun 17, 2026
$799,500
Initial Listing
Aug 5, 2015
$555,000
Public Record
Apr 16, 1996
$328,000
Public Record