27454 Matterhorn Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
27454 Matterhorn Drive
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 27454 Matterhorn Drive, Lake Arrowhead, California 92352 reveals a Prime Investment Opportunity with a current list price of $850,000—significantly undercutting the $936,328 Fair Market Value by 10%. This valuation gap indicates a +$86,328 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27454 Matterhorn Drive Subject | $850,000* List Price | 3 | 3 | 2,969 | $315 | - |
A 795 Zurich Drive Sold | $690,000 | 4 | 3 | 2,450 | $282 | 0.6 mi |
B 27618 W Shore Road Sold | $680,000 | 3 | 3 | 2,242 | $303 | 0.3 mi |
C 675 Grass Valley Road Sold | $949,900 | 5 | 3 | 3,000 | $317 | 0.9 mi |
D 27440 Alpen Drive Sold | $905,000 | 3 | 3 | 2,783 | $325 | 0.3 mi |
E 27513 St Bernard Lane Sold | $778,000 | 5 | 3 | 2,709 | $287 | 0.1 mi |
F 1290 St Anton Drive Sold | $789,000 | 3 | 3 | 2,282 | $346 | 0.8 mi |
G 892 Nadelhorn Drive Active | $850,000 List Price | 3 | 3 | 2,588 | $328 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Breathtaking Lake & Mountain Views
The property offers stunning, breathtaking views of Lake Arrowhead and the surrounding forest, enhancing its appeal as a mountain retreat.
- Prime Location & Accessibility
Ideally located on Matterhorn Drive, providing a serene setting with easy access to the lake, village shops, and year-round recreation.
- Gourmet & Updated Kitchen
Features a gourmet eat-in kitchen with granite counters, hardwood floors, custom tile backsplash, and a spacious center island, perfect for entertaining.
CONSRISKS & DEFICIENCIES
- Potential for Dated Elements
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.
- Absence of Private Lake Amenities
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.
- High Exterior Maintenance
The mountain setting with towering pines and multiple decks implies significant ongoing exterior maintenance, including snow removal, pine needle clearing, and deck upkeep.
About 27454 Matterhorn Drive
Welcome to Your Lake Arrowhead RetreatNestled among towering pines with breathtaking views of Lake Arrowhead, this beautifully 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 11,559 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 • 1.5 mi
Valley Of Enchantment Elementary School
Grades K-5 • 6.0 mi
Charles Hoffman Elementary School
Grades K-5 • 8.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,969 | 1,979.5 | 83% |
| Lot Size | 11,559 | 9,767 | 72% |
| Price | $850.0K | $680.0K | 70% |
| Price per sq ft | $286 | $341 | 25% |
| Built year | 1990 | 1977 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 236 | 1% |
Pricing History
Listed for Sale
Jan 15, 2026
$850,000
Initial Listing
Sold
Aug 5, 2015
$555,000
Public Record
Sold
Apr 16, 1996
$328,000
Public Record