28670 Shenandoah Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath
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Lake Arrowhead, California 92352
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $1,139,900—positioned well below the $1,273,229 Fair Market Value by 10%. This valuation gap offers $133,329 in Instant Equity. Featuring a new 3rd level, Full Lake Rights, and a 2-car garage, the property maintains an Excellent Condition Rating. Its location on a county-maintained road ensures year-round accessibility. This is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants seeking a fully furnished, high-end mountain lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28670 Shenandoah Drive Subject | $1,119,000* List Price | 4 | 4 | 3,196 | $357 | - |
A 124 C Lane Sold | $865,000 | 4 | 4 | 2,224 | $389 | 0.4 mi |
B 224 Crest Circle Sold | $875,000 | 5 | 3 | 2,200 | $398 | 0.8 mi |
C 400 Merrimack Drive Active | $950,000 List Price | 4 | 3 | 2,334 | $407 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1996, the property has undergone extensive recent renovations including a new roof, a newly added third level, and a complete interior overhaul. The kitchen and bathrooms feature new quartz countertops and high-end appliances, while the flooring has been updated with new luxury vinyl plank and premium carpeting throughout, meeting the criteria for a recent high-quality renovation.
Situated in the desirable Arrowhead Woods, this property includes highly coveted 'Full Lake Rights' for private beach and boating access, while remaining just five minutes from the Village and SkyPark.
The home boasts a comprehensive remodel including a new third-level guest suite, quartz countertops, LG Signature appliances, and new luxury flooring, offering a turnkey experience for owners or renters.
Featuring a rare level entry with RV parking and a location on a county-maintained plowed street, the property ensures easy year-round access and convenience during heavy winter snowfalls.
The assigned public schools in the Rim of the World district carry modest ratings (ranging from 3 to 6), which may be a drawback for families prioritizing top-tier educational performance.
Despite having lake rights, the property is not within walking distance of the water, requiring a short drive to access the lake clubs and shoreline amenities.
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. This gorgeous property is only 5 minutes from the Village/Restaurants & SkyPark and 24 minutes from Snow Valley Mtn Resort. Priced below comparable nearby homes & has NO HOA fees. Could be a turnkey rental/vacation home that is ALREADY UPDATED & NOW FURNISHED.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 3,196 | 1,998.5 | 84% |
| Lot Size | 10,614 | 9,897 | 63% |
| Price | $1.12M | $685.0K | 81% |
| Price per sq ft | $350 | $346 | 53% |
| Built year | 1996 | 1978 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 212 | 1% |
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