
Lake Arrowhead, California 92385
Analysis of 28879 Sycamore Drive, Lake Arrowhead, California 92385 is currently available with a list price of $4,800,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1952, this 72-year-old cabin is significantly dated with original knotty pine interiors and older fixtures. The listing emphasizes the 45-acre land value and the opportunity to 'reimagine' the property following the destruction of previous lodge structures, indicating the cabin requires a comprehensive rehab to be modernized.
Spanning approximately 45 acres across three parcels, this rare land offering provides unparalleled scale and versatility for residential or mixed-use development in the Skyforest area.
Boasting several hundred feet of frontage along Highway 18 and proximity to SkyPark at Santa's Village, the property offers exceptional visibility and easy access for future commercial or retreat ventures.
The property includes a 2,250 sq. ft. rustic cabin with 4 bedrooms and 4 bathrooms, offering immediate living quarters or a management base while planning the site's broader redevelopment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1938420, other record lot size in square feet = 103000.
Following the destruction of previous lodge structures in the 2003 Old Fire, any major redevelopment will require extensive planning, permitting, and infrastructure investment.
At a $4.8 million list price, the property represents a high-capital entry point where the value is heavily weighted in the land rather than the existing structure, potentially limiting the buyer pool.
45 Acres of Forest + Rustic Cabin Discover a rare opportunity to own approximately 45 acres of land with a cabin conveniently located just off Highway 18 in Lake Arrowhead communities, Skyforest. Surrounded by mature trees and breathtaking mountain scenery, the expansive property offers exceptional potential. Formerly known as Wylie Woods Retreat and once home to the Old Presbyterian Church Conference Center, the land has a rich and memorable history. According to the seller, the former hotel and lodge structures were destroyed in the 2003 Old Fire, creating an opportunity to reimagine the property for a new era. The offering consists of three parcels totaling more than 44 acres, with several hundred feet of frontage along Highway 18. Known as Wonderland, the current access is on Sycamore Drive. The property borders Sycamore Drive, part of Green Briar and extends toward Cumberland Road, adjacent to SkyPark at Santa's Village. Nestled among the trees is a charming rustic cabin with four bedrooms and four bathrooms. Easy access. Come experience the magic of Skyforest and envision what you could create in this exceptional mountain setting. PLEASE NOTE: The cabins sits on 44+ acres consisted of 3 parcels, the $/sf shown is calculated with only one of the smallest parcel.
No exterior & parking available.
No sensitive facilities data found.
Sep 4, 2026
$4,800,000
Initial Listing
Aug 21, 2013
$1,000,000
Public Record