
Lake Arrowhead, California 92352
This Spacious Lake View Retreat is a High-Potential Investment Opportunity, listed at $950,000—positioned well below the $1,064,615 Fair Market Value by 10%. This valuation gap offers $114,615 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the 3,765 sqft interior features Granite Countertops, Hardwood Flooring, and Panoramic Lake Views through ten-foot glass doors. With Coveted Lake Rights and proximity to Rim of the World Schools, this property balances lifestyle luxury with strong financial upside. It is an ideal acquisition for Owner-Occupants seeking a mountain sanctuary or Short-Term Rental Investors targeting high-capacity vacation assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27720 St Bernard Lane Subject | $950,000* List Price | 4 | 3 | 3,765 | $283 | - |
A 27404 Alpen Sold | $682,000 | 5 | 4 | 3,466 | $197 | 0.5 mi |
B 1243 Klondike Drive Sold | $750,000 | 6 | 5 | 3,536 | $212 | 0.7 mi |
C 28277 Arbon Lane Sold | $975,000 | 5 | 4 | 3,217 | $303 | 0.7 mi |
D 27547 W Shore Road Sold | $1,159,000 | 3 | 4 | 3,586 | $323 | 0.5 mi |
E 28245 Arbon Lane Sold | $780,000 | 3 | 3 | 2,811 | $277 | 0.7 mi |
F 1161 Nadelhorn Drive Sold | $1,185,000 | 5 | 5 | 4,495 | $264 | 0.3 mi |
G 27808 Alpen Active | $799,000 List Price | 4 | 4 | 3,108 | $257 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of pride of ownership. Although built in 1981, it has been well-maintained with several key updates including granite countertops in the kitchen and bathrooms, hardwood flooring throughout, and dual-pane windows. Major systems and exterior features are high-quality, featuring a concrete tile roof, a whole-house Generac generator, and two zoned furnaces. While the kitchen cabinetry and fluorescent lighting are dated in style, the overall condition and functional upgrades elevate it above a fair rating.
The property includes highly coveted lake rights to private Lake Arrowhead and is situated in a prime location near Tavern Bay Beach Club, offering exceptional access to recreational activities and front-row views of the Fourth of July fireworks.
Boasting 3,765 square feet with three separate living areas, a wine cellar, and a game room, this home provides ample space for large families or high-capacity vacation rentals, complemented by parking for seven cars and a boat.
The interior features 10-foot glass sliding doors and transom windows that flood the home with natural light while showcasing panoramic lake and mountain views from multiple vantage points and expansive decks.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9850, other record lot size in square feet = 10050.
The current floor plan lacks a dedicated primary suite on the main level, requiring the conversion of the formal dining room for buyers seeking single-level living accessibility.
Built in 1981, the property may require ongoing maintenance or modernization of its original systems and structural components to align with contemporary energy efficiency and design standards.
Overlooking beautiful Lake Arrowhead and just a few minutes’ stroll from the National Forest with Lake Rights is this lovingly maintained Lake View home - the perfect mountain retreat! Premier location for watching the Fourth of July Fireworks! Beautifully landscaped exterior and an interior with 10 glass sliding doors and transom windows to bring in copious amounts of natural light and beautiful lake views. This spacious home has 3 separate living areas (Living Room, Family Room and Game Room) 4 or 5 Bedrooms and 3 Baths. The Slate covered front porch now has stunning new front door and sidelights. The Great Room has a beautiful floor-to-ceiling fireplace which is the home’s centerpiece showcasing the honey tongue and groove walls and providing the perfect gathering space for friends and family. Directly outside is an inviting lake view deck with areas for al fresco dining, reading, watching the wildlife or just listening to the breeze rustling through the pines. The living area flows into the open breakfast room and kitchen with pantry, beautiful granite countertops, under cabinet lighting and storage galore. There is currently a formal Dining Room with Wet Bar which can easily be converted back into the main level Primary Suite with updated attached bath with dual sinks, granite countertop, beautiful lighting fixtures, walk-in shower and closet. There is also a cozy Family Room with Fireplace and wet bar. Hardwood flooring throughout!. Upstairs is a large workout room or 5th Bedroom with Vaulted Ceiling, a spacious office with closet and incredible lake views and, for the kids, the BEST Play Room! Downstairs are three private bedrooms with a full bath and an additional ¾ Bath. There is also a spacious Lounge/Game Room with its own exterior Slate patio, Closet and access to the Wine Cellar. Furnished per Positive Inventory List! Amenities include Concrete Tile Roof, Natural Gas Whole House Generac Generator, Dual Pane windows, 2 Zoned furnaces, Battery Backed up Hot Water Heater and great storage. Parking for 8 cars and a boat on 2 plowed roads. Most importantly, the home has lake rights to private Lake Arrowhead and is just a few minutes’ drive away from Tavern Bay Beach Club! This lofty home would make the perfect primary home, extended family retreat, vacation home, rental or investment property. Come on up and enjoy the fresh mountain air and all Lake Arrowhead has to offer and make your Lake Arrowhead Dream a Reality!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-5 • 6.3 mi
Grades K-5 • 7.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,765 | 1,964 | 92% |
| Lot Size | 9,850 | 9,835 | 50% |
| Price | $950.0K | $692.5K | 77% |
| Price per sq ft | $252 | $346 | 7% |
| Built year | 1981 | 1978 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 226 | 1% |
Mar 30, 2026
$950,000
Initial Listing
Jun 4, 2004
$467,500
Public Record
Oct 30, 1998
$232,000
Public Record