
Lake Arrowhead, California 92352
This Updated Mountain Retreat is a Strong Value Opportunity, listed at $350,000—positioned well below the $371,983 Fair Market Value by 5%. This valuation gap offers $21,983 in Instant Equity for the buyer. The property maintains a Good Condition Rating featuring New Flooring, Fresh Exterior Paint, and a rare 7,780 Sqft Double Lot for maximum privacy. Located near Lake Arrowhead Village within the Rim of the World District, it perfectly balances lifestyle perks like Forest Views with strong rental demand. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28349 Larchmont Subject | $350,000* List Price | 2 | 2 | 975 | $379 | - |
A 698 W Victoria Court Sold | $390,000 | 2 | 2 | 928 | $420 | 0.3 mi |
B 444 Shady Road Sold | $365,000 | 2 | 2 | 839 | $435 | 0.9 mi |
C 27941 Rainbow Drive Sold | $454,900 | 3 | 2 | 1,088 | $418 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent updates, including new flooring throughout and fresh exterior paint. While originally built in 1976, the interior has been refreshed to meet modern aesthetic standards, and the description indicates it is well-maintained with no immediate renovations required. It fits the 'good' category as an updated, functional mountain retreat that has undergone partial renovation within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7780, living area = 975.
The property spans two parcels totaling 7,780 sqft, offering a rare level of privacy and outdoor space in the mountains with added flexibility for future expansion.
Recent updates including new flooring throughout and fresh exterior paint ensure the home is refreshed and ready for immediate occupancy without the need for initial renovations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7780, other record lot size in square feet = 4000.
At just 975 square feet, the interior layout is quite small, which may limit its appeal for larger families or those requiring more spacious common areas.
Built in 1976, the home may feature older mechanical or structural systems that could require more maintenance compared to modern mountain constructions.
Mountain living made simple! Tucked among the pines in beautiful Lake Arrowhead, this updated 2-bedroom, 2-bath retreat sits on two parcels totaling 7,780 sqft, giving you extra space and privacy that’s hard to find with added flexibility to create your dream space. With new flooring throughout and fresh exterior paint, the home feels refreshed and move-in ready. The cozy layout is perfect for relaxing weekends, snowy winter mornings, and cool summer evenings in the mountains. No HOA restrictions just a convenient quarterly service fee covering trash, water, and snow removal for the roads. Whether you’re searching for a peaceful getaway, a full-time escape from the city, or a smart investment property, this home captures the ease and charm of mountain living. Just minutes away from entertainment, restaurants, and the lake!
No exterior & parking available.
Grades PK-5 • 2.5 mi
Grades K-5 • 5.8 mi
Grades K-5 • 6.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 975 | 1,952.5 | 7% |
| Lot Size | 7,780 | 9,805 | 22% |
| Price | $350.0K | $690.0K | 6% |
| Price per sq ft | $359 | $348 | 55% |
| Built year | 1976 | 1978 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 226 | 4% |
Feb 27, 2026
$350,000
Initial Listing
Apr 24, 2020
$220,000
Public Record
Oct 31, 2017
$202,000
Public Record
Jul 15, 2004
$157,000
Public Record
Dec 2, 1997
$80,000
Public Record