
Lake Arrowhead, California 92352
This Spacious Mountain Retreat is listed at $599,000, representing a stable acquisition at its $599,000 Fair Market Value. Boasting a Functional Condition Rating, the 2,384 sqft residence features a Cathedral-Style Great Room, Panoramic Mountain Views, and essential Lake Rights. While move-in ready, the dated 1980s finishes provide a significant value-add opportunity through cosmetic modernization. Situated within the Rim of the World District near Lake Arrowhead Elementary, the property balances lifestyle appeal with high rental potential. This is an ideal match for Owner-Occupants or Vacation Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28992 Banff Dr Subject 3 bd · 3 ba · 2,384 sqft · $240 | $574,000* List Price | 3 | 3 | 2,384 | $240 | - |
A 1023 Pintail Circle Sold 3 bd · 3 ba · 2,304 sqft · $289 · 0.9 mi | $665,000 | 3 | 3 | 2,304 | $289 | 0.9 mi |
B 1353 Golden Rule Lane Sold 3 bd · 2 ba · 1,676 sqft · $257 · 0.5 mi | $430,000 | 3 | 2 | 1,676 | $257 | 0.5 mi |
C 1405 Sequoia Active 4 bd · 3 ba · 2,393 sqft · $226 · 0.3 mi | $540,000 List Price | 4 | 3 | 2,393 | $226 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the home is functional and move-in ready but significantly dated. While the kitchen has had a mid-life update with stone countertops, the white appliances, floral wallpaper, and 4x4 tile in the bathrooms reflect finishes that are over 20 years old. The property requires cosmetic modernization and likely system inspections due to its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11600, living area = 2384.
Situated in the desirable Arrowhead Woods with coveted lake rights, this property is within walking distance to the lake, offering a premium mountain lifestyle and high rental potential.
The home features a stunning cathedral-style great room with a prow front design and massive windows that frame panoramic views of the mountains, desert, and city lights.
Built in 1980, the home is noted as a 'canvas for remodeling,' suggesting that buyers may need to budget for cosmetic or functional upgrades to meet contemporary aesthetic standards.
The property has undergone multiple price reductions and a 'back on market' status, which can sometimes create a negative perception regarding its value or condition among prospective buyers.
Welcome home to this timeless Tudor residence, where classic European charm meets modern open concept living. From the moment you arrive, the storybook façade—rich in architectural character— hints at the exceptional lifestyle waiting inside. Step through the front door and discover the heart of the home: a magnificent, light-filled great room that seamlessly connects the living area, dining space, and kitchen into one grand, flowing entertaining space. Whether hosting holiday gatherings, weekend dinners, or quiet evenings at home, this impressive central living area offers flexibility and scale wrapped in warm, welcoming detail. The showstopper? As dusk settles in, the great room transforms. Floor-to-ceiling windows frame a truly breathtaking panorama of twinkling city lights stretching to the horizon—an evening view that never gets old. From intimate dinners to lively gatherings with friends, every moment here feels elevated. Thoughtfully designed across three separate levels, this home offers rare privacy and flexibility— perfect for multigenerational living, a home office suite, guest quarters, or dedicated recreation space. Each level flows with intention, offering generous room sizes, versatile living spaces, and room for everyone to spread out. Additional highlights include a distinctive exterior with classic Tudor detailing, a functional floor plan that balances open-concept living with private retreats, and outstanding overall square footage throughout. Homes combining this scale, character, and view rarely hit the market. Schedule your private showing today.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades K-5 • 6.7 mi
Grades K-5 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,384 | 1,979.061 |
| Lot Size | 11,600 | 10,277.399 |
| Price | $574.0K | $643.6K |
| Price per sq ft | $241 | $338 |
| Built year | 1980 | 1978 |
| HOA | $0 | $614 |
| Days on market | 479 | 91 |
Sep 25, 2026
$574,000
$594,000
-3% Price Drop
Initial Listing
Sep 5, 2026
$594,000
$599,000
-1% Price Drop
Initial Listing
Nov 13, 2025
$599,000
$620,000
-3% Price Drop
Initial Listing
Oct 29, 2025
$620,000
$625,000
-1% Price Drop
Initial Listing
Oct 9, 2025
$625,000
$639,000
-2% Price Drop
Initial Listing
Jul 2, 2025
$639,000
Initial Listing
Sep 24, 2020
$535,000
Public Record