
Lake Arrowhead, California 92352
This Spacious Lake Arrowhead Residence is a High-Potential Investment Opportunity, listed at $1,420,000—positioned well above the $1,332,902 Fair Market Value by 6%. While the list price exceeds the current valuation, the property offers significant upside through its 3,364 sqft layout, panoramic lake views, and ADU potential via the existing workshop. With a Condition Rating of 3, the home requires exterior TLC but features modern interior upgrades. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27914 West Shore Rd Subject | $1,420,000* List Price | 4 | 5 | 3,364 | $396 | - |
A 27710 West Shore Road Sold | $1,350,000 | 4 | 3 | 2,900 | $466 | 0.3 mi |
B 27431 Alpen Sold | $1,289,000 | 4 | 4 | 3,594 | $359 | 0.6 mi |
C 929 Lucerne Lane Sold | $1,200,000 | 4 | 4 | 2,894 | $415 | 0.6 mi |
D 1027 Pintail Circle Sold | $1,014,750 | 3 | 4 | 2,635 | $385 | 0.6 mi |
E 28125 Geneva Lane Active | $1,195,000 List Price | 5 | 4 | 4,000 | $299 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property, built in 1974, has undergone extensive renovations in 2014 and again in 2020, bringing many interior components up to modern standards. The kitchen features dark cabinets, granite countertops, stainless steel appliances, and a center island, all in good condition. Bathrooms are largely updated with modern vanities and tiling, though one bathroom exhibits a slightly more rustic, dated style. Flooring includes beautiful hardwood, clean tile, and well-maintained carpet. The property benefits from modern central air and heating units. While the interior is move-in ready with no immediate renovations required, the listing explicitly states that the 'outside needs some TLC,' which prevents it from achieving an 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 718739968, living area = 3364.
The property boasts beautiful lake, panoramic, hills, and woods views, coupled with easy walkability to the lake, offering a highly desirable lifestyle.
Significant remodels in 2014 and 2020, including beautiful thin wood flooring, a newer master bath, and a modern kitchen with a center island, provide contemporary comfort and appeal.
The property description explicitly notes that the 'outside needs some TLC,' indicating potential immediate costs for exterior repairs or cosmetic upgrades.
A single-car garage may be insufficient for a home of this size and bedroom count, potentially impacting vehicle storage or additional utility space needs.
The property has undergone significant and volatile price changes in its recent listing history, which may raise questions about its market valuation or previous buyer interest.
Lovely very spacious Four Bedroom plus Four full bath home with half bath. Beautiful Lake Views. The home has been remodeled in 2014 and again in 2020. Beautiful thin wood flooring. Newer master bath. There are four decks. Property needs some TLC on the outside. The fire Place is in the living area. Kitchen has a lovely center Island. Easily walk to the Lake from this location as it is very close to the Lake. A long driveway with much privacy leads to the pad above with plenty of parking where you will find a work shop that can be an ADU. There are apple trees all around the property. A one car garage sits in front of the home. Go upstairs and find a lovely living room with wood flooring and a fire place. Above that floor find two bed rooms and two baths. 2nd floor provide washer and dryer plus two more bedrooms and another full bath. First floor has a full bath and studio living space. Two Central Air and Heating units.
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades K-5 • 6.5 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,364 | 2,126 |
| Lot Size | 16,500 | 9,850 |
| Price | $1.42M | $669.1K |
| Price per sq ft | $422 | $346 |
| Built year | 1974 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 316 | 92 |
Jul 17, 2026
$1,420,000
$1,050,000
+35% Price Increase
Initial Listing
Jun 25, 2026
$1,050,000
$1,400,000
-25% Price Drop
Initial Listing
Jun 14, 2026
$1,400,000
$1,250,000
+12% Price Increase
Initial Listing
Jan 6, 2026
$1,250,000
$990,000
+26% Price Increase
Initial Listing
Nov 15, 2025
$990,000
$1,820,000
-46% Price Drop
Initial Listing
Sep 25, 2025
$1,820,000
$990,000
+84% Price Increase
Initial Listing
Sep 9, 2025
$990,000
Initial Listing