282 Terrace Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath

282 Terrace Road, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$798,000
282 Terrace Road, Lake Arrowhead, California 92352
4Beds
3Baths
2,516Sqft
6,900Lot

Price Vs. Estimate

The estimated value ($798,000) is $0 (0%) lower than the list price ($798,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turn-Key & Fully Furnished: The property is beautifully remodeled, sold fully furnished, and turn-key, making it ready for immediate occupancy or rental without additional investment in furnishings or major renovations.
Top Cons:
Age of Original Structure: Built in 1932, despite extensive remodeling, the underlying older construction may present potential long-term maintenance considerations or hidden infrastructure issues not addressed by cosmetic updates.

Compared to the nearby listings

Price:$798.0K vs avg $675.0K (+$123,000)65%
Size:2,516 sqft vs avg 1,948 sqft75%
Price/sqft:$317 vs avg $35038%

More Insights

Built in 1932 (93 years old).
Condition: Despite being built in 1932, this property has undergone a beautiful and extensive remodel, bringing it to excellent condition. The kitchen features modern white shaker cabinetry, quartz countertops, a stylish subway tile backsplash, and contemporary stainless steel appliances, all appearing new. The bathrooms are also fully remodeled with modern vanities, updated countertops, and current fixtures. New wood-look flooring is present throughout the main living areas, complemented by tasteful lighting fixtures and recessed lighting. The property is described as 'turn-key' and 'thoughtfully updated for today’s lifestyle,' with all visible components meeting current quality standards and showing no signs of deferred maintenance.
Year Built
1932
Close
-
List price
$798K
Original List price
$815K
Price/Sqft
$317
HOA
-
Days on market
-
Sold On
-
MLS number
IG25077371
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
Patio
ViewTrees/Woods

About this home

This stunning Lake Arrowhead retreat offers the perfect blend of charm, comfort, and investment potential. Beautifully remodeled and sold fully furnished, this turn-key property is short-term rental permitted and ideally located just a short stroll from the Village, local shops, dining, the brewery, and the lake’s edge. Best of all, it comes with full lake rights. Surrounded by towering evergreens, the home welcomes you with a warm and inviting mountain aesthetic, thoughtfully updated for today’s lifestyle. The main level features a light-filled open concept with quartz countertops, upgraded cabinetry, new flooring, and tasteful lighting that strikes the perfect balance between modern and rustic. The original fireplace anchors the space with timeless character, creating a cozy spot to relax after a day outdoors. Upstairs, you’ll find knotty pine accents, two charming bedrooms, 1.5 remodeled baths, and a cozy reading nook tucked beneath classic dormer windows—perfect for quiet moments and storybook nights. The lower level is designed for both relaxation and entertainment. A spacious ensuite primary bedroom with walk-in shower, a comfortable family room, a bunk room, and a game area with pool table all flow seamlessly out to a peaceful outdoor patio—ideal for gathering with friends and family or simply enjoying the fresh mountain air. A standout feature of this property is the generous wraparound deck, offering elevated views and ample space for outdoor dining, lounging, or sunset BBQs. Additional highlights include plenty of parking, a large storage room, and thoughtful design throughout. Whether you’re searching for a full-time residence, weekend getaway, or income-producing vacation rental, this home delivers on every level. Experience Lake Arrowhead living at its finest—this is one you won’t want to miss.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-52.0mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.2mi
4/10
Charles Hoffman Elementary School
Public,K-56.7mi
/10
Rim Virtual
Public,K-80.6mi
5/10
Mary P. Henck Intermediate School
Public,6-81.4mi
6/10
Rim Of The World Senior High School
Public,9-121.3mi
Condition Rating
Excellent

Despite being built in 1932, this property has undergone a beautiful and extensive remodel, bringing it to excellent condition. The kitchen features modern white shaker cabinetry, quartz countertops, a stylish subway tile backsplash, and contemporary stainless steel appliances, all appearing new. The bathrooms are also fully remodeled with modern vanities, updated countertops, and current fixtures. New wood-look flooring is present throughout the main living areas, complemented by tasteful lighting fixtures and recessed lighting. The property is described as 'turn-key' and 'thoughtfully updated for today’s lifestyle,' with all visible components meeting current quality standards and showing no signs of deferred maintenance.
Pros & Cons

Pros

Turn-Key & Fully Furnished: The property is beautifully remodeled, sold fully furnished, and turn-key, making it ready for immediate occupancy or rental without additional investment in furnishings or major renovations.
Strong Investment Potential: Permitted for short-term rentals and fully furnished, this property offers excellent income-producing potential as a vacation rental or a lucrative weekend getaway.
Prime Location & Lake Rights: Ideally located within a short stroll to Lake Arrowhead Village, local shops, dining, and the lake's edge, coupled with full lake rights, significantly enhances its appeal and recreational value.
Modern & Thoughtful Updates: The home features a light-filled open concept, quartz countertops, upgraded cabinetry, new flooring, tasteful lighting, and remodeled baths, blending modern comfort with rustic charm.
Excellent Outdoor Living Spaces: A generous wraparound deck offers elevated views and ample space for outdoor dining and lounging, complemented by a peaceful outdoor patio and a lower-level game area, perfect for entertaining.

Cons

Age of Original Structure: Built in 1932, despite extensive remodeling, the underlying older construction may present potential long-term maintenance considerations or hidden infrastructure issues not addressed by cosmetic updates.
Limited View Type: While offering 'elevated views' and 'Trees/Woods,' the property description does not indicate direct or panoramic lake views, which can be a premium feature highly sought after in the Lake Arrowhead market.
Recent Price Adjustment & Valuation: The property has undergone a price reduction from its original listing, and the current list price is slightly above the estimated market value, which could suggest a slower market absorption or a perception of being slightly overvalued.

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