28879 Sycamore, Lake Arrowhead, California 92385, Lake Arrowhead, 92385 - 3 bed, 3 bath
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Lake Arrowhead, California 92385
Analysis of 28879 Sycamore, Lake Arrowhead, California 92385 is currently available with a list price of $5,800,000. 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 'rustic cabin' shows no evidence of significant renovations in the past 50 years. The interior images reveal very dated features, including original-looking wood flooring, log beams, and traditional light fixtures. Crucially, there are no images of the kitchen or bathrooms, strongly suggesting these areas are in very poor, outdated condition and would require complete gut renovations. While the description mentions 'potential utility,' the property's primary value is clearly in its 44 acres of land and redevelopment potential. The cabin's age implies that major systems (electrical, plumbing, HVAC) are likely original or very old, requiring substantial repairs and rehabilitation to meet modern safety and comfort standards, fitting the 'Poor' condition criteria.
Over 44 acres across three parcels, including commercial zoning, offering immense scope for diverse projects from private estates to large-scale commercial ventures.
Prime positioning adjacent to SkyPark at Santa’s Village, with direct Highway 18 frontage and multiple road access points, ensuring high visibility and convenient access.
Includes water rights, mineral rights, and logging rights, providing significant added value and potential for future resource utilization or income generation.
Previous main structures were destroyed by fire, necessitating significant capital investment and comprehensive planning for any substantial new construction.
The current rustic cabin is small (1120 sqft) relative to the expansive land, meaning buyers seeking immediate large-scale utility will need to build from scratch.
The $5.8 million price point targets a very specific, high-end buyer or developer, which could lead to a longer marketing period and a smaller pool of interested parties.
Over 44 Acres of Prime Land in Magical Sky Forest Nestled among the trees is a rustic cabin featuring five bedrooms and two bathrooms, adding charm and potential utility to the property. Water rights are included, enhancing its development appeal. The parcel borders Sycamore Road, Green Briar, and stretches toward Cumberland Road, and is adjacent to SkyPark at Santa’s Village. With a location this unique and accessible, the possibilities are as vast as the forest itself. A Rare Opportunity to own over 44 acres of pristine mountain land in the heart of Sky Forest, ideally situated just off Highway 18 for convenient access. Surrounded by a variety of trees and breathtaking natural beauty, this expansive property offers incredible potential to build something truly special in a magical setting. Whether you're seeking a private mountain retreat or looking to develop a unique project, this property offers the perfect blend of seclusion and accessibility. Formerly known as the Wylie Woods Retreat and once home to the Old Presbyterian Church Conference Center, the land holds a rich history. Although the hotel and lodge structures were destroyed in the Old Fire (per seller), the opportunity to reimagine this space is wide open. The land includes three parcels totaling over 44 acres, with frontage along Highway 18. It’s also accessible via Sycamore Drive through the recognizable 'Wonderland' gate. Come explore Sky Forest and envision what you could create in this one-of-a-kind setting. The cabin is one of the parcels (2.36 acres) and the other 2 parcels are commercial/vacant land. Per seller, it has mineral rights and logging rights.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,120 | 1,191.5 | 50% |
| Lot Size | 102,801.602 | 17,810 | 75% |
| Price | $5.80M | $715.0K | 75% |
| Price per sq ft | $5.2K | $369 | 75% |
| Built year | 1952 | 1949 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 305 | 314 | 25% |
Aug 5, 2025
$5,800,000
Initial Listing