27786 Matterhorn Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 2 bath
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Lake Arrowhead, California 92352
This Remodeled Mountain Retreat is a Strong Value Opportunity, with a List Price of $690,000—positioned well below the $721,401 Fair Market Value by 4%. This valuation gap provides $31,401 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern kitchen, mountain views, and an expansive deck. Located in the Rim of the World district with lake rights, it offers a turnkey lifestyle near the Village. This is an exceptional find for Owner-Occupants or Vacation Rental Investors seeking a polished, high-utilization asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27786 Matterhorn Drive Subject | $675,000* List Price | 4 | 2 | 2,106 | $328 | - |
A 27382 Peninsula Sold | $685,000 | 4 | 3 | 2,056 | $333 | 0.8 mi |
B 1158 Klondike Sold | $600,000 | 4 | 2 | 2,475 | $242 | 0.8 mi |
C 776 Nadelhorn Sold | $539,900 | 3 | 3 | 2,058 | $262 | 0.8 mi |
D 788 Crown Drive Sold | $680,000 | 4 | 3 | 1,692 | $402 | 0.8 mi |
E 27723 Alpen Active | $815,000 List Price | 3 | 3 | 2,135 | $382 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive and recently completed remodel that includes updated flooring, a refreshed kitchen with modern cabinetry and finishes, updated bathrooms, and contemporary light fixtures. Although originally built in 1973, the extensive interior renovation within the last year brings all components up to modern quality standards, making it a turnkey mountain retreat with no apparent deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10625, living area = 2106.
The property has undergone a complete interior renovation featuring updated flooring, contemporary fixtures, and refreshed kitchen and bathrooms, providing a turnkey experience for buyers.
Situated in a highly desirable subdivision near Lake Arrowhead Village, the home offers excellent proximity to premium dining, shopping, and outdoor recreation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2106, other record living area = 1686.
The property was recently sold within the past year on 2025-09-26. The sold price is $387,500.00. The property was recently sold within the past year on 2025-09-25. The sold price is $375,000.00.
While the interior is beautifully updated, the 1973 construction date suggests that core structural or mechanical systems may be nearing the end of their typical lifespan.
Welcome to this beautifully remodeled mountain retreat located in the highly desirable Lake Arrowhead community. Situated at 27786 Matterhorn Dr, this stunning home has been thoughtfully updated throughout, offering the perfect blend of modern comfort and classic mountain charm. This property includes highly desirable lake rights as part of the Arrowhead Woods community, offering owners the opportunity to enjoy exclusive access to Lake Arrowhead. With the purchase of a membership, residents can take full advantage of private lake privileges, including boating, fishing, and access to lakeside amenities. This added benefit enhances both lifestyle and long-term value, making the property especially appealing to prospective buyers seeking a true mountain lake experience. Step inside to discover a bright and inviting interior featuring stylish upgrades, fresh finishes, and a layout designed for both everyday living and entertaining. The recently completed remodel showcases updated flooring, refreshed kitchen and bathrooms, contemporary fixtures, and tasteful design elements that create a warm yet modern atmosphere. The spacious living area provides the ideal place to relax and unwind, while large windows invite in natural light and capture the peaceful mountain surroundings. The updated kitchen offers ample cabinetry, modern finishes, and plenty of space for preparing meals and gathering with friends and family. Outside, enjoy the tranquility and privacy that Lake Arrowhead living is known for. Whether you're sipping your morning coffee on the deck, enjoying the fresh mountain air, or hosting weekend get-togethers, this property offers a true escape from the hustle and bustle of city life. Conveniently located near Lake Arrowhead Village, hiking trails, dining, and shopping, this home makes an ideal full-time residence, weekend getaway, or investment opportunity. Don't miss the opportunity to own a beautifully renovated home in one of Southern California's most sought-after mountain communities.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades K-5 • 6.4 mi
Grades K-5 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 2,106 | 1,964 | 59% |
| Lot Size | 10,625 | 9,857 | 65% |
| Price | $675.0K | $690.0K | 47% |
| Price per sq ft | $321 | $346 | 39% |
| Built year | 1973 | 1978 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 226 | 1% |
Apr 1, 2026
$675,000
$690,000
-2% Price Drop
Initial Listing
Mar 10, 2026
$690,000
Initial Listing
Sep 26, 2025
$387,500
Public Record
Sep 25, 2025
$375,000
Public Record
May 23, 2002
$194,500
Public Record
Feb 27, 1998
$138,000
Public Record