28662 Zion Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
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Lake Arrowhead, California 92352
This Mountain Retreat is a High-Potential Investment Opportunity, listed at $599,000—positioned well below the $582,260 Fair Market Value by -2%. Featuring a Condition Rating of 3, the home offers significant capital upgrades including a newer roof and EV charger. With Coveted Lake Rights, Panoramic Mountain Views, and a large 9,147 sq. ft. lot, this property provides both lifestyle appeal and long-term value. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, well-maintained mountain residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28662 Zion Drive Subject | $599,000* List Price | 3 | 2 | 1,749 | $339 | - |
A 1353 Golden Rule Lane Sold | $430,000 | 3 | 2 | 1,676 | $257 | 0.2 mi |
B 1315 Sequoia Drive Sold | $675,000 | 3 | 2 | 1,997 | $338 | 0.1 mi |
C 1364 Toronto Drive Sold | $615,000 | 4 | 3 | 2,094 | $294 | 0.1 mi |
D 1458 Sequoia Drive Sold | $599,000 | 3 | 2 | 1,800 | $333 | 0.3 mi |
E 1159 Yellowstone Sold | $492,500 | 3 | 3 | 1,441 | $342 | 0.5 mi |
F 28252 Bern Lane Sold | $545,000 | 4 | 3 | 1,870 | $291 | 0.6 mi |
G 28116 Lachen Road Sold | $765,000 | 3 | 2 | 1,963 | $390 | 0.8 mi |
H 1181 Voltaire Sold | $570,000 | 4 | 3 | 2,010 | $284 | 0.8 mi |
I 28935 Banff Pending | $425,000 List Price | 3 | 2 | 1,712 | $248 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986, the property is well-maintained and move-in ready with significant capital improvements including a newer roof, newer windows, and an EV charger. The kitchen and bathrooms are functional with updated stainless steel appliances, though they retain dated cabinetry and tile surfaces characteristic of the original build date.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9147, living area = 1749.
Situated in the Arrowhead Woods subdivision, this property includes highly desirable lake rights, providing exclusive access to Lake Arrowhead's private recreational amenities.
The home features high-value recent improvements including a newer roof, newer windows, and an EV charger, reducing immediate maintenance concerns and enhancing energy efficiency.
While the property offers level parking for two cars, the absence of a garage or carport is a notable drawback in a mountain climate subject to heavy winter snowfall.
The current list price of $599,000 is lower than the property's 2021 sale price of $625,000, suggesting a lack of recent appreciation or a correction in value for this specific asset.
This charming mountain retreat offers lake rights, privacy, and stunning views—making it an ideal full-time home, getaway, or successful short-term rental. Enjoy level parking for two cars and a welcoming covered porch entry leading into a spacious foyer. The main living area showcases vaulted wood ceilings, rich wood flooring, and a striking rustic stone fireplace—creating a warm and inviting atmosphere. The open-concept living and dining spaces are filled with natural light and offer direct access to a gorgeous, expansive deck where you can take in tranquil forest and mountain views, vibrant sunsets, and distant city lights. The kitchen features stainless steel appliances, a wine fridge, and a charming bay window overlooking the front of the home. A full bathroom on the main level adds convenience. Downstairs, you’ll find three bedrooms and a full bathroom, along with a functional mudroom with laundry. One bedroom includes a bonus room extension, perfect for an office, playroom, or home gym. Additional highlights include an EV charger, newer roof and windows, and great natural light throughout. The adjoining 9,554 sq. ft. lot is also available for purchase, with the buyer having first right of refusal—offering added privacy or future expansion potential. This home offers the perfect blend of comfort, character, and mountain lifestyle.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades K-5 • 6.8 mi
Grades K-5 • 7.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,749 | 2,126 |
| Lot Size | 9,147 | 9,850 |
| Price | $599.0K | $669.1K |
| Price per sq ft | $342 | $346 |
| Built year | 1986 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 96 | 92 |
Apr 17, 2026
$599,000
Initial Listing
Sep 3, 2021
$625,000
Public Record
Dec 30, 2020
$485,000
Public Record
Oct 18, 2016
$320,000
Public Record
Nov 20, 2013
$295,000
Public Record