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 Retreat is a High-Potential Investment Opportunity, listed at $850,000—positioned well below the $966,876 Fair Market Value by 12%. This valuation gap offers $116,876 in Instant Equity for buyers. Maintaining a Good Condition Rating, the home features a Gourmet Kitchen with granite counters and Breathtaking Lake Views. Modern essentials like Central A/C and a Natural Gas Generator ensure year-round comfort near Rim of the World Schools. This is an exceptional find for Owner-Occupants or Vacation Home Seekers.
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 | $269 | - |
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 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.5 mi |
D 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.7 mi |
E 971 Grass Valley Active | $881,000 List Price | 3 | 4 | 3,064 | $288 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1990-built home is beautifully maintained and move-in ready. The kitchen has been updated with granite counters, hardwood floors, custom tile backsplash, and stainless steel appliances, presenting a functional and attractive space. While the bathrooms are clean and functional, their tile work and vanity styles appear somewhat dated, suggesting an earlier renovation or original features that have been well-kept. However, major systems like Central A/C and a natural gas generator are modern comforts, and the overall property shows minimal wear and tear, aligning with the 'Good' criteria for a well-maintained home with some updated components.
The property offers stunning, breathtaking views of Lake Arrowhead and the surrounding forest, enhancing its appeal as a mountain retreat.
Ideally located on Matterhorn Drive, providing a serene setting with easy access to the lake, village shops, and year-round recreation.
Features a gourmet eat-in kitchen with granite counters, hardwood floors, custom tile backsplash, and a spacious center island, perfect for entertaining.
While beautifully maintained and some areas updated (kitchen, AC), the 1990 build year suggests other systems or finishes might be original or require future modernization.
The property offers easy access to the lake but does not specify private lake rights or a dedicated dock, which are highly sought-after features in Lake Arrowhead.
The mountain setting with towering pines and multiple decks implies significant ongoing exterior maintenance, including snow removal, pine needle clearing, and deck upkeep.
Welcome to Your Lake Arrowhead RetreatNestled among towering pines this well maintained 3 bedroom, 3 bathroom mountain home offers the perfect blend of comfort, style, and functionality. Ideally located on Matterhorn Drive, you'll enjoy a serene setting with easy access to the lake, village shops, and year-round recreation.Step inside to find soaring vaulted ceilings, expansive picture windows, and abundant natural light that frames the surrounding forest. The inviting living room, complete with a cozy brick fireplace, is the perfect spot to gather on crisp mountain evenings. A second family room with its own fireplace provides additional space for relaxing or entertaining.The gourmet eat in kitchen is a chef's delight featuring granite counters, hardwood floors, custom tile backsplash, and a spacious center island all designed to make cooking and hosting effortless. Enjoy meals in the formal dining area or step outside to the deck for al fresco dining among the treetops.Retreat to the private primary suite, where vaulted ceilings, picture windows, and a spa-like bath with jetted soaking tub and separate shower create a true mountain sanctuary. Two additional bedrooms and baths ensure plenty of space for family and guests.Additional highlights include: Natural gas generator for peace of mind. Central A/C for year-round comfort. Separate laundry room. Offered furnished, making your move seamless. With multiple decks, two fireplaces, and both indoor and outdoor gathering spaces, this home is perfect for full time living or as a vacation getaway. Experience the magic of Lake Arrowhead living where mountain charm meets modern convenience.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,969 | 1,964 | 83% |
| Lot Size | 11,559 | 9,857 | 74% |
| Price | $799.5K | $692.5K | 64% |
| Price per sq ft | $269 | $346 | 15% |
| Built year | 1990 | 1978 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 226 | 14% |
Apr 5, 2026
$799,500
$850,000
-6% Price Drop
Initial Listing
Jan 15, 2026
$850,000
Initial Listing
Aug 5, 2015
$555,000
Public Record
Apr 16, 1996
$328,000
Public Record