
Lake Arrowhead, California 92321
Analysis of 28986 Alder Terrace, Lake Arrowhead, California 92321 is currently available with a list price of $695,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new 2026 construction in mint condition. The property features a modern kitchen with high-end finishes, contemporary bathrooms with new tile work, and brand-new energy-efficient systems and smart-home wiring, requiring zero maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2438.
As a 2026 build, this 'Mountain Modern' retreat offers contemporary aesthetics, energy-efficient Andersen windows, and smart-home wiring, ensuring a turnkey experience with no immediate capital expenditures.
The property features highly desirable level-entry access and a primary suite on the main floor for single-level living, complemented by en-suite bathrooms for all guest bedrooms to maximize privacy.
The property was recently sold within the past year on 2025-09-19. The sold price is $175,000.00.
While the property offers a serene wooded setting, it lacks the premium lake views that typically command the highest appreciation and demand in this resort market.
Situated in the Cedar Glen area, the home is slightly more removed from the central Lake Arrowhead Village amenities and main lake access points than more centrally located tracts.
Brand-New Mountain Modern Retreat! Modern luxury meets the timeless beauty of the mountains! ~ Brand new and beautifully designed, this stunning mountain-modern home offers over 2,400 sq. ft. of sophisticated living space on a generous 10,000+ sq. ft. lot, surrounded by towering pines, firs and cedars... And what an incredible value! ~ The dramatic two-story vaulted ceilings, huge windows and open-concept floor plan create an incredible sense of space and bring the outdoors in. A spectacular wall of windows and sliders opens directly to the expansive main-level deck, creating an effortless connection between indoor and outdoor living. ~ Designed for both comfort and convenience, the home features level-entry access and a luxurious primary suite retreat on the main level, making single-level living possible. Both guest bedrooms are en-suite, providing privacy and comfort for family and guests. ~ Downstairs, the spacious family room with a second fireplace offers the perfect gathering space, while another expansive deck extends the living area outdoors—ideal for relaxing among the trees, entertaining, or simply enjoying the peaceful mountain setting. ~ Built with energy efficiency and modern technology in mind, this exceptional home features Andersen doors, windows and sliders, energy-conscious construction, and is wired for smart-home systems. Public utilities, high-speed internet, and a plowed and maintained road provide year-round convenience. ~ Brand new. Mountain modern. Thoughtfully designed. Surrounded by nature. This is the mountain lifestyle you've been waiting for—where contemporary design and the beauty of the forest come together in perfect harmony.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,438 | 2,015.827 |
| Lot Size | 10,454 | 10,163.827 |
| Price | $695.0K | $655.9K |
| Price per sq ft | $285 | $341 |
| Built year | 2026 | 1980 |
| HOA | $0 | $544 |
| Days on market | 25 | 78 |
Sep 4, 2026
$695,000
$700,000
-1% Price Drop
Initial Listing
Aug 15, 2026
$700,000
Initial Listing
Sep 19, 2025
$175,000
Public Record
Sep 9, 2022
$29,500
Public Record