28165 Grenoble, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
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28165 Grenoble
Lake Arrowhead, California 92352
ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,060Sq Ft
10,700Lot Size
Property Price
LIST PRICE$649,000
EST. MARKET VALUE
$579,267
12% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $649,000—positioned well above the $579,268 Fair Market Value by 12%. While the property requires cosmetic updates to its dated kitchen and bathrooms, its Condition Rating of 4 and expansive 10,700 sqft lot offer significant value-add potential. Featuring Lake Rights, an oversized back deck, and a versatile game room, this home provides a unique lifestyle layout. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Estimated Market Value
$579,267
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28165 Grenoble Subject 3 bd · 3 ba · 2,060 sqft · $281 | $649,000* List Price | 3 | 3 | 2,060 | $281 | - |
A 1023 Pintail Circle Sold 3 bd · 3 ba · 2,304 sqft · $289 · 0.4 mi | $665,000 | 3 | 3 | 2,304 | $289 | 0.4 mi |
B 27721 St Bernard Lane Sold 3 bd · 3 ba · 2,390 sqft · $228 · 0.6 mi | $545,000 | 3 | 3 | 2,390 | $228 | 0.6 mi |
C 1181 Voltaire Sold 4 bd · 3 ba · 2,010 sqft · $284 · 0.1 mi | $570,000 | 4 | 3 | 2,010 | $284 | 0.1 mi |
D 1364 Toronto Drive Sold 4 bd · 3 ba · 2,094 sqft · $294 · 0.7 mi | $615,000 | 4 | 3 | 2,094 | $294 | 0.7 mi |
E 27808 Alpen Drive Sold 4 bd · 4 ba · 2,858 sqft · $262 · 0.4 mi | $750,000 | 4 | 4 | 2,858 | $262 | 0.4 mi |
F 1294 Kodiak Drive Sold 3 bd · 3 ba · 2,222 sqft · $242 · 0.7 mi | $537,500 | 3 | 3 | 2,222 | $242 | 0.7 mi |
G 1360 Montreal Active 3 bd · 3 ba · 1,896 sqft · $382 · 0.5 mi | $725,000 List Price | 3 | 3 | 1,896 | $382 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977, the property is well-maintained and features new luxury vinyl plank flooring; however, the kitchen and bathrooms are dated with older tile countertops and cabinetry likely exceeding 20 years in age. While move-in ready, the home requires cosmetic updates to the primary wet areas to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10700, living area = 2060.
- Prime Location & Lake Rights
Situated in the desirable Arrowhead Woods with coveted Lake Rights, this home is just moments from the popular Tavern Bay Beach Club, a major draw for mountain living.
- Versatile Entertaining Layout
The open floor plan features high ceilings, a main-level master suite for single-level living potential, and a dedicated lower-level game room with a bar and oversized deck.
CONSRISKS & DEFICIENCIES
- Dated Construction Era
Built in 1977, the home may require ongoing maintenance or upgrades to older mechanical systems and insulation to meet modern energy efficiency expectations.
- Modest School Ratings
The assigned elementary and middle schools have lower performance ratings (ranging from 3 to 5), which may be a consideration for families prioritizing top-tier education.
About 28165 Grenoble
YOU WILL LOVE this Amazing Mountain Home Not Far From Tavern Bay with SOOOO MUCH NATURAL LIGHT, HIGH CEILINGS and an AMAZING OPEN FLOOR PLAN Perfect for Entertaining! The Living Room is SOOO COZY withe Woodburning Stone Fireplace, High Windows Everywhere and Gorgeous New Luxury Vinyl Planking Throughout! NEW FURNACE AND AC TOO! The Master Bedroom is on the Main Level with Slider to the Deck & So Much Closet Space! A Couple Could Live on Just One Level if they Wanted to? Upstairs are the 2 Secondary Rooms, a Full Bath and a Cute Loft with an Abundance of Storage. Downstairs is a Fabulous Game Room with 1/2 Bath, Bar for Cocktails and Access to the Oversized Back Deck with Firepit and Multiple Places to Lounge! Home has Dual Access and Has a Wonderful 2-Car Garage on the Backside, Easily Reached by Access Road. Lots of Usable Outdoor Space! Get Creative and Do Something Fun! Sooo Much Elbow Room Here, Which is Hard to Find in the Mountains! LAKE RIGHTS TOO & Just Down the Street from Tavern Bay Beach Club, Everyone's Favorite Hot Spot to Enjoy the Lake! Comes Mostly Furnished with a Few Exceptions!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 10,700 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 • 0.6 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 6.8 mi
3/10
Charles Hoffman Elementary School
Grades K-5 • 7.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,060 | 1,979.061 |
| Lot Size | 10,700 | 10,277.399 |
| Price | $649.0K | $643.6K |
| Price per sq ft | $315 | $338 |
| Built year | 1977 | 1978 |
| HOA | $0 | $614 |
| Days on market | 38 | 91 |
Pricing History
Listed for Sale
Sep 16, 2026
$649,000
Initial Listing
Sold
Sep 16, 2020
$470,000
Public Record
Sold
May 31, 2002
$252,000
Public Record
Sold
Aug 15, 1997
$164,500
Public Record
Sold
Oct 13, 1994
$150,000
Public Record