
Lake Arrowhead, California 92352
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $1,109,000, which aligns perfectly with its $1,109,000 Fair Market Value. Featuring a newly added 3rd-level guest suite, chef’s kitchen with quartz counters, and Full Lake Rights, the property boasts a Mint Condition Rating requiring no immediate capital expenditure. Situated on a county-maintained road in the prestigious Arrowhead Woods, this home offers both lifestyle luxury and rental potential. It is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants seeking a premium, move-in-ready mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28670 Shenandoah Drive Subject | $1,109,000* List Price | 4 | 4 | 3,196 | $347 | - |
A 28641 Shenandoah Drive Sold | $795,000 | 3 | 3 | 2,416 | $329 | 0.1 mi |
B 28730 Potomac Sold | $885,000 | 3 | 2 | 2,077 | $426 | 0.1 mi |
C 400 Merrimack Drive Pending | $925,000 List Price | 4 | 3 | 2,334 | $396 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1996, the property has undergone a comprehensive recent renovation (within <5 years) including a new roof, a new 3rd-level addition, and a fully remodeled chef's kitchen featuring quartz countertops and high-end LG Signature appliances. The interior features new luxury vinyl plank flooring, updated bathrooms with quartz counters, and LED lighting, placing it in mint, move-in-ready condition.
Located in the prestigious Arrowhead Woods, this property includes 'Full Lake Rights,' providing exclusive access to private beaches, boating, and fishing, which is a premium asset for both lifestyle and property value.
The home is in turnkey condition following significant upgrades, including a newly added third-level guest suite, a new roof, quartz countertops, and high-end flooring, making it ideal for an immediate short-term rental or vacation home.
The property features a rare level entry with ample RV parking and is situated on a San Bernardino County-maintained and plowed street, ensuring reliable access and safety during heavy snow months compared to homes on private access roads.
With 109 days on the market and multiple price reductions from the original listing price, the property may face a 'stale' listing perception, potentially impacting its perceived market value among savvy buyers.
The local schools serving this area have relatively average ratings (ranging from 3 to 5), which may be a deterrent for families seeking a primary residence in a top-tier school district.
Enjoy all four seasons in this beautifully remodeled custom mountain home that can be your "getaway retreat”, full-time living, or lucrative short term rental. Located within the highly desirable Lake Arrowhead Woods you will have “FULL LAKE RIGHTS” to boat, fish, or join ALA Beach Clubs. Membership provides special access to private beaches & playgrounds to swim, kayak, or just relax. This property’s level entry includes tons of parking to host, friends, and even park an RV if needed. The inviting entryway opens to a spacious living room, dining area, and kitchen. The living room shows off a wall of windows to admire the beautiful colors of fall and watch snow fall in the winter as you enjoy the warmth of a wood burning fireplace. The kitchen features a chef’s stainless kitchen sink, an island that boasts a new LG Signature dual fuel double oven range, and a new quartz counter. Each level of this beautifully updated home includes a fireplace, new waterproof luxury vinyl plank flooring, and higher end Shaw carpet for both style & durability. The main level has a bedroom w/ walk-in closet and a bath w/ vintage clawfoot tub. The master bedroom suite is STUNNING and includes a sitting area and deck to embrace views of the forest. The dual sided gas fireplace will set the mood to unwind in your new 6 foot jacuzzi bathtub. This suite also has a separate walk-in double shower, private toilet rm, and cabinets that show off another new quartz counter. The laundry room is conveniently located outside the master BR suite and down the hall from the office/game room. The owners have invested much to recently add a NEW 3rd level, with private entry, that includes an entertainment room & 4th BR/full bath as a potential "guest quarters". A new roof, large 2-car garage, small playground, LED lighting, & High-Speed internet are EXTRA bonuses. The office/game room could be easily converted to a 5th BR to sleep even more than 10. The convenience of being on a SB County maintained/plowed street (vs an “access road”) during winter is huge. You will truly appreciate this location on the Mtn since you are shaded by majestic dogwood, cedar, and oak trees. Only a short distance to the lake, 5 min. drive to the Village/Restaurants & SkyPark and 24 minutes from Snow Valley Mtn Resort. Price reduced & has NO HOA fees. Could be a turnkey rental/vacation home that is ALREADY UPDATED & NOW FURNISHED. A MUST SEE to appreciate!
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades K-5 • 5.7 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,196 | 2,015.827 |
| Lot Size | 10,614 | 10,163.827 |
| Price | $1.11M | $655.9K |
| Price per sq ft | $347 | $341 |
| Built year | 1996 | 1980 |
| HOA | $0 | $544 |
| Days on market | 126 | 78 |
Jul 3, 2026
$1,109,000
$1,119,000
-1% Price Drop
Initial Listing
May 25, 2026
$1,119,000
$1,139,900
-2% Price Drop
Initial Listing
May 6, 2026
$1,139,900
Initial Listing
Mar 14, 1996
$160,000
Public Record
Aug 9, 1995
$1,500
Public Record