
Lake Arrowhead, California 92352
This Spacious Mountain Residence is a Strong Value Opportunity, listed at $999,000—positioned well below the $1,055,911 Fair Market Value by 5%. This valuation gap offers $56,911 in Instant Equity for the buyer. With a Fair Condition Rating, the home features a whole-house generator, level driveway, and three-car garage. While the interior offers room for cosmetic updates, the functional layout and proximity to Lake Arrowhead make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28462 North Bay Road Subject 4 bd · 3 ba · 2,820 sqft · $365 | $975,000* List Price | 4 | 3 | 2,820 | $365 | - |
A 1027 Pintail Circle Sold 3 bd · 4 ba · 2,635 sqft · $385 · 0.2 mi | $1,014,750 | 3 | 4 | 2,635 | $385 | 0.2 mi |
B 929 Lucerne Lane Sold 4 bd · 4 ba · 2,894 sqft · $415 · 0.2 mi | $1,200,000 | 4 | 4 | 2,894 | $415 | 0.2 mi |
C 1212 Portillo Active 4 bd · 3 ba · 2,356 sqft · $295 · 0.2 mi | $695,000 List Price | 4 | 3 | 2,356 | $295 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is over 20 years old and retains many original features. While exceptionally well-maintained and move-in ready with a house generator, the kitchen and bathrooms are dated, featuring late-90s style tiled countertops and cabinetry that align with the 'Fair' criteria for needing cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18431, living area = 2820.
The property features a rare level driveway and level entry with an attached three-car garage, providing effortless access and convenience that is highly sought after in mountain terrain.
Equipped with a whole-house generator and multiple fireplaces, the home is perfectly prepared for year-round mountain living and potential utility interruptions.
The property has experienced multiple price reductions and has been on the market for 49 days, which may indicate a disconnect between the initial asking price and current market demand.
While the home offers a pleasant wooded setting, it lacks the premium lake views often expected by buyers at this price point in the Lake Arrowhead market.
If your idea of relaxation is sipping your morning coffee while watching local birds and wildlife from the comfort of your own backyard, you've just found your happy place. The beautifully landscaped yard invites you to enjoy everything from a leisurely morning tea to brunch, lunch, or an unforgettable al fresco dinner under the stars. End the evening cuddled up beside the outdoor fireplace—because it doesn't get much more romantic than that. And getting home couldn't be easier. The level driveway, level entry, and attached three-car garage make parking and unloading effortless, whether you're arriving with groceries, guests, or weekend adventure gear. Inside, the spacious great room is ready to host the whole crew. Prefer a little separation? No problem. With two generous living areas—one upstairs and one down—everyone has room to spread out, relax, or retreat for a little quiet time. Three comfortable guest bedrooms ensure family and friends feel right at home, while the primary suite is your own private retreat. A wall of windows welcomes natural light, and the ensuite bath features a large walk-in shower, oversized soaking tub, and an impressive walk-in closet with plenty of room for cozy robes, slippers, and all the little extras. If indoor fires are more your style, you're covered there, too. With fireplaces on both levels, you'll enjoy mountain ambiance year-round. To boot - we can leave the lights on for you. No, really, a house generator is an essential for mountain living and we have got that too! Best of all, you're just a hop, skip, and a jump from your favorite day at the lake. Tavern Bay Beach Club, the UCLA Conference Center, and National Forest access are all just minutes away, making this the perfect mountain escape for relaxing, entertaining, and enjoying everything Lake Arrowhead has to offer.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades K-5 • 7.0 mi
Grades K-5 • 7.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,820 | 1,979.061 |
| Lot Size | 18,431 | 10,277.399 |
| Price | $975.0K | $643.6K |
| Price per sq ft | $346 | $338 |
| Built year | 1999 | 1978 |
| HOA | $0 | $614 |
| Days on market | 85 | 91 |
Sep 29, 2026
$975,000
$999,000
-2% Price Drop
Initial Listing
Sep 18, 2026
$999,000
$1,050,000
-5% Price Drop
Initial Listing
Aug 8, 2026
$1,050,000
$1,099,000
-4% Price Drop
Initial Listing
Jul 31, 2026
$1,099,000
Initial Listing
Jul 20, 2022
$920,000
Public Record
Jul 29, 2020
$683,000
Public Record
Jul 8, 2015
$646,000
Public Record
Jul 6, 2012
$535,000
Public Record
May 6, 2008
$700,000
Public Record
Jun 6, 2001
$539,000
Public Record