27874 Matterhorn Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath

27874 Matterhorn Drive
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 27874 Matterhorn Drive, Lake Arrowhead, California 92352 is currently available with a list price of $755,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1966, this triplex property is functional and maintained but shows clear signs of age. The kitchens feature dated white appliances, laminate countertops, and fluorescent lighting. While some flooring has been updated to laminate/LVP, the overall aesthetic, including the cabinetry and fixtures, is outdated and requires modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
Configured as a triplex with a main house, a separate one-bedroom apartment, and a detached studio, this property offers three distinct income streams for investors.
- Coveted Lake Rights
Located in the Arrowhead Woods subdivision, the property includes highly desirable Lake Rights, granting exclusive access to Lake Arrowhead's private recreational facilities.
- Exceptional Parking Capacity
Rare for mountain properties, this home features a two-car garage and two separate driveways that can accommodate up to seven additional vehicles.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1966, the property likely requires modernization of its core systems and interior finishes to compete with newer luxury rentals.
- Incomplete Visual Presentation
The listing notes that more photos are pending, which may indicate the property is currently in a transitional state or not yet fully prepared for market-ready viewing.
- Modest Local School Ratings
The assigned elementary schools have relatively low ratings (3 and 4), which may be a drawback for families looking for a primary residence.
About 27874 Matterhorn Drive
Welcome to 27874 Matterhorn Drive in beautiful Lake Arrowhead—a property brimming with possibilities. Whether you’re dreaming of a mountain retreat, seeking an investment opportunity, or both, this versatile A-frame home offers three potential income streams and the coveted Lake Rights of Arrowhead Woods. The main house features a spacious two-car garage and a private back deck surrounded by towering pines. Inside are three bedrooms plus a loft office, 1.5 baths. An extra-large driveway leads to the garage and can accommodate three to four additional vehicles on the driveway. In addition to the main residence, the property includes a separate one-bedroom apartment complete with its own kitchen, bath, living room, and laundry. A detached studio apartment is also located beneath the garage, featuring its own kitchen, bath, and laundry—perfect for an office, guest space, or another rental unit. With multiple parking areas, including a private driveway that fits up to three more cars, this home offers convenience for both residents and guests. Located in a sun-filled neighborhood and just minutes from Tavern Bay, this property blends comfort, flexibility, and income potential in one exceptional package. **NOTE: Please read photo caption. More photos will be available**
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1966
- Lot Size
- 9,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 • 1.0 mi
Valley Of Enchantment Elementary School
Grades K-5 • 6.5 mi
Charles Hoffman Elementary School
Grades K-5 • 7.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1966 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Nov 18, 2025
$755,000
Initial Listing
Sold
Jun 14, 2005
$389,000
Public Record









