
Lake Arrowhead, California 92352
This Spacious Mountain Retreat represents a Strong Value Opportunity, listed at a List Price of $999,000, which aligns with its $999,000 Fair Market Value. Featuring Full Lake Rights, a 4-car garage with boat storage, and a level-entry floor plan, the home offers significant lifestyle utility. While the property maintains a Fair Condition Rating due to dated kitchen finishes, its 1999 construction provides a solid foundation for cosmetic updates. This is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants seeking a legacy mountain home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28637 Shenandoah Subject | $999,000* List Price | 4 | 3 | 2,652 | $377 | - |
A 384 Primrose Circle Sold | $705,000 | 4 | 3 | 2,585 | $273 | 0.4 mi |
B 242 Holiday Drive Sold | $950,000 | 3 | 4 | 2,172 | $437 | 0.8 mi |
C 400 Merrimack Drive Active | $950,000 List Price | 4 | 3 | 2,334 | $407 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1999 (25 years old), which exceeds the 20-year threshold for 'Good' condition. While the home is exceptionally well-maintained with updated hardwood flooring and newer stainless steel appliances, the kitchen features dated tile countertops and original cabinetry. Per the criteria, its age and dated kitchen elements place it in the 'Fair' category, as it would benefit from cosmetic updates despite being move-in ready.
The property includes coveted full lake rights, providing exclusive access to Lake Arrowhead's private recreational amenities, which is a premier value driver in this alpine community.
Features an expansive 4-car garage with a double-deep bay specifically designed to accommodate a boat and trailer, a rare and highly functional asset for lake-oriented lifestyles.
Built in 1999, the home offers a desirable level entry and a main-floor primary suite, combining modern construction standards with a floor plan that maximizes accessibility and convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2652, other record living area = 2497.
With 76 days on the market and a recent price reduction, the property is experiencing slower-than-average absorption, suggesting it may still be searching for its market-clearing price point.
The local elementary and middle schools carry modest ratings (3 to 5), which may be a drawback for families looking to establish the property as a primary residence.
Tucked away on the desirable south side of Lake Arrowhead, this beautiful mountain retreat offers a combination of FULL LAKE RIGHTS, privacy, & exceptional convenience. Set back from the road on a generously sized parcel with a covered front porch, the home enjoys a peaceful, secluded feel & provides dual access & level entry through a landscaped, fenced yard & the attached garages. Inside, the home welcomes you with abundant natural light & an inviting mountain ambiance. The thoughtfully designed floor plan features 4 spacious bedrooms + 2.5 baths, with 2 of the bedrooms offering oversized proportions. The main level primary suite creates a private sanctuary, complete with a spa-like bathroom designed for relaxation after a day at the lake or on the trails. The layout is ideal for both everyday living and entertaining, with multiple gathering spaces that allow everyone to spread out comfortably. At the heart of the home, you'll find both a separate family room & a dedicated den, connected by a striking two-sided fireplace that adds warmth & character to each space. Whether hosting friends for a cozy evening or enjoying a quiet mountain morning with coffee by the fire, these rooms offer a welcoming atmosphere that defines the Lake Arrowhead lifestyle. The home's layout & positioning allow for excellent natural light throughout, enhancing the open feel and highlighting the beautiful surroundings. Large windows bring the outdoors in, creating a bright and uplifting environment in every season. Car enthusiasts, boat owners, & outdoor adventurers will appreciate the attached 4-car garage configuration, including a double-deep bay designed to accommodate a boat & trailer. Located just minutes from Lake Arrowhead Village, this home places you close to everything that makes the area so special—lakefront dining, boutique shopping, & entertainment. Whether you're searching for a full-time residence, luxury weekend retreat, or legacy mountain home, this exceptional Lake Arrowhead property offers space, comfort, and the coveted privilege of full lake rights—allowing you to fully experience the beauty and recreation of one of Southern California’s most treasured alpine communities. The floor plan is an outstanding feature for STR guests with the three fireplaces, separate entertaining areas, the main floor primary suite, and level parking and entry. Could come partially furnished.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades K-5 • 5.8 mi
Grades K-5 • 7.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,652 | 1,998.5 | 72% |
| Lot Size | 9,420 | 9,857 | 43% |
| Price | $999.0K | $685.0K | 79% |
| Price per sq ft | $377 | $346 | 62% |
| Built year | 1999 | 1978 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 212 | 10% |
May 4, 2026
$999,000
$1,025,000
-3% Price Drop
Initial Listing
Mar 7, 2026
$1,025,000
Initial Listing
Dec 13, 2022
$999,000
Public Record
Apr 27, 2022
$925,000
Public Record
Jul 29, 2014
$539,000
Public Record
Feb 20, 2004
$468,000
Public Record
Oct 26, 2001
$399,000
Public Record
Mar 15, 2000
$367,500
Public Record
Nov 12, 1998
$31,500
Public Record