28994 North Shore, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath
28994 North Shore
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 28994 North Shore, Lake Arrowhead, California 92352 reveals a Fairly Priced Property with a current list price of $1,900,000 aligned with the estimated $1,939,608 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28994 North Shore Subject | $1,900,000* List Price | 4 | 4 | 4,343 | $447 | - |
A 1019 Pintail Circle Sold | $1,730,000 | 4 | 4 | 3,776 | $458 | 0.1 mi |
B 407 Giant Oak Sold | $1,640,000 | 4 | 3 | 3,164 | $518 | 0.9 mi |
C 951 Osprey Active | $1,700,000 List Price | 4 | 4 | 4,050 | $420 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1984-built residence is in move-in ready condition, showing evidence of significant updates that align with modern standards. The kitchen is well-appointed with high-end stainless steel appliances, stone countertops, and a large breakfast bar. Bathrooms have been updated with custom tile work and contemporary fixtures. The home features high-quality finishes including hardwood flooring, vaulted wood-beam ceilings, and updated mechanical systems such as dual air conditioning and a backup generator. While the architectural style reflects its original era, the property has been meticulously maintained and renovated to provide a luxury experience.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Lakeside Location
Situated in a prestigious gated first-tier neighborhood, this property offers desirable lake views and rare walking proximity to the water, dock, and sandy beach area.
- Versatile Guest Accommodations
The floor plan includes a completely private guest suite with its own living area and fireplace, making it ideal for multi-generational living or high-end short-term rental use.
- Superior Infrastructure
The home is exceptionally well-equipped for year-round mountain comfort, featuring dual air conditioning systems, a backup generator, an oversized garage, and dedicated RV parking.
CONSRISKS & DEFICIENCIES
- Dock Not Included
While the property offers lake access, the private dock (NSM 2, Slip 21) is sold separately, requiring a significant additional investment beyond the $1.9M list price.
- Vintage Architectural Era
Built in 1984, the home may require aesthetic modernization or updates to its original finishes to compete with newer luxury builds in the Arrowhead Woods area.
About 28994 North Shore
Welcome to this exceptional lakeview residence located in a gated first-tier neighborhood in Lake Arrowhead. This home offers an elevated mountain-lake lifestyle with privacy, comfort, and beautiful views. The inviting living areas feature a huge fireplace with built-in cabinets and a bar area, making it the perfect space for relaxing or entertaining. The main living space is filled with natural light and opens directly to a large party deck—ideal for outdoor gatherings while enjoying scenic lake views. The spacious kitchen features a generous breakfast bar and is conveniently located adjacent to both formal and informal dining areas, creating an ideal layout for entertaining and everyday living. The home features 4 bedrooms and 3.5 bathrooms, including a spacious primary suite on the main level with a large custom bath showcasing generous space and thoughtful finishes. Two additional bedrooms are also located on the main level, providing excellent flexibility for family, guests, or a home office. In addition, the home includes a private guest suite with its own living area featuring a fireplace, a spacious bedroom, and a private bath—offering comfort and privacy for visitors. Enjoy the convenience of walking to the lake, dock, and sandy beach area for easy access to lakeside recreation. The dock is available for purchase separately. Additional amenities include an oversized two-car garage, RV parking, and ample additional parking for guests. The home is also equipped with two air conditioning systems and a backup generator for year-round comfort and reliability. This home has been a successful short-term rental (STR) and can be continued as an income-producing property by new owners. Dock NSM 2, Slip 21 is available for extra $$$.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 12,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $950.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 4,343 | 1,979.5 | 96% |
| Lot Size | 12,000 | 9,767 | 75% |
| Price | $1.90M | $680.0K | 94% |
| Price per sq ft | $437 | $342 | 76% |
| Built year | 1984 | 1977 | 68% |
| HOA | $950.0 | $0 | 95% |
| Days on market | 5 | 236 | 0% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,900,000
Initial Listing