28223 North Bay, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
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28223 North Bay
Lake Arrowhead, California 92352
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,527Sq Ft
8,280Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$543,708
10% AboveMARKET VALUE
SUMMARY
FULL_VERSION
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $655,000—positioned above the $620,192 Fair Market Value by 5%. While currently priced above market, the property features a Condition Rating of 3, boasting a freshly painted interior/exterior, new carpet, and an updated granite kitchen. With a level entry, 30-foot RV pad, and central AC, this home offers a premium mountain lifestyle. Located in the Rim of the World School District, it is an ideal sanctuary for Owner-Occupants or lifestyle-focused buyers.
SEO VERSION
Turnkey 3BR Lake Arrowhead home with level entry, RV parking, and central AC. Recently updated with new paint and granite kitchen. Near Rim of the World schools.
Estimated Market Value
$543,708
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 |
|---|---|---|---|---|---|---|
★ 28223 North Bay Subject 3 bd · 3 ba · 1,527 sqft · $356 | $599,000* List Price | 3 | 3 | 1,527 | $356 | - |
A 1465 Golden Rule Lane Sold 3 bd · 2 ba · 1,162 sqft · $508 · 0.7 mi | $590,000 | 3 | 2 | 1,162 | $508 | 0.7 mi |
B 1403 Yosemite Sold 3 bd · 3 ba · 2,080 sqft · $298 · 0.8 mi | $620,000 | 3 | 3 | 2,080 | $298 | 0.8 mi |
C 27786 Matterhorn Drive Sold 4 bd · 2 ba · 2,106 sqft · $278 · 0.6 mi | $585,000 | 4 | 2 | 2,106 | $278 | 0.6 mi |
D 28244 Arbon Lane Active 4 bd · 3 ba · 1,610 sqft · $450 · 0.2 mi | $724,900 List Price | 4 | 3 | 1,610 | $450 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained and move-in ready. Built in 1992, it features several recent updates including a freshly painted interior and exterior, new carpet, and an updated kitchen with granite counters and stainless steel appliances. While the bathroom finishes show some age, the home is highly functional and includes central AC.
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 = 8280, living area = 1527.
- Accessibility and Parking
The property features a highly desirable level entry and a rare 30-foot level pad for RV or boat parking, offering exceptional convenience for mountain living.
- Turn-Key Condition
Move-in ready with a freshly painted interior and exterior, new carpeting, an updated kitchen with granite counters, and the significant addition of air conditioning.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 196 days on the market and multiple price reductions, the property has struggled to secure a buyer, which may impact its perceived market value.
- Compact Living Space
At 1,527 square feet for a three-bedroom home, the interior layout may feel somewhat constrained compared to other residential offerings in the area.
About 28223 North Bay
Freshly painted interior & new carpet! Home is now vacant & ready to go! Just a quick hop to the lake, UCLA conference center or out hwy 173 for some hiking or off-roading, this home offers the perfect location for all your needs. Situated just above North Bay, (always plowed first in winter) this well cared for property has plenty of parking, even a 30 foot level pad for RV or a boat & is level entry! The main level features a spacious living room with a rock fireplace, good size dining area & an updated kitchen with granite counters & stainless appliances. Roomy kitchen with lots of natural light & just adjacent to the laundry room & access to the garage. Once upstairs you will be greeted with vaulted ceilings & lots of natural light. One guest room has a spacious walk-in closet, the other that is being used as an office has a beautiful little alcove surrounded by windows to enjoy the views. The 3rd is the primary suite with its own little deck, a walk-in closet, a gas fireplace & another full bathroom! This home has been well maintained & recently had a full exterior paint job including the decks & railings. There is a fenced dog run behind the house & access into the 2 car insulated garage from that area. Surrounded by lots of beautiful oak trees which will offer lots of shade in the summer but to keep you extra cool this home also has AC! A great home for all seasons & ready to enjoy!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 8,280 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 • 6.9 mi
3/10
Charles Hoffman Elementary School
Grades K-5 • 7.1 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 | 1,527 | 1,979.061 |
| Lot Size | 8,280 | 10,277.399 |
| Price | $599.0K | $643.6K |
| Price per sq ft | $392 | $338 |
| Built year | 1992 | 1978 |
| HOA | $0 | $614 |
| Days on market | 237 | 91 |
Pricing History
Listed for Sale
Oct 10, 2026
$599,000
$625,000
-4% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$625,000
$655,000
-5% Price Drop
Initial Listing
Price Change
Aug 27, 2026
$655,000
$670,000
-2% Price Drop
Initial Listing
Price Change
Jun 7, 2026
$670,000
$680,000
-1% Price Drop
Initial Listing
Price Change
May 17, 2026
$680,000
$700,000
-3% Price Drop
Initial Listing
Price Change
Mar 1, 2026
$700,000
Initial Listing
Sold
May 13, 2016
$355,000
Public Record
Sold
Jul 14, 2006
$495,000
Public Record
Sold
Jul 28, 2004
$349,000
Public Record
Sold
Mar 24, 2003
$240,000
Public Record
Sold
Apr 19, 2000
$202,500
Public Record