292 Ponderosa Peak Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 5 bath

292 Ponderosa Peak Road, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$2,650,000$4,747/sqft
292 Ponderosa Peak Road, Lake Arrowhead, California 92352
4Beds
5Baths
4,747Sqft
13,480Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unparalleled Panoramic Views: The property boasts breathtaking 360-degree views of the lake, snow-capped mountains, mature trees, and dramatic ridgelines, offering a unique and highly desirable setting.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4747, other record living area = 2363. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$2.65M vs avg $672.5K (+$1,977,500)97%
Size:4,747 sqft vs avg 1,979.5 sqft98%
Price/sqft:$558 vs avg $34488%

More Insights

Built in 2023 (3 years old).
Condition: This property was built in 2023, making it a brand new construction. The images confirm a consistently modern and high-end aesthetic throughout, featuring a sleek kitchen with new stainless steel appliances, quartz countertops, and contemporary cabinetry. Bathrooms are spa-inspired with freestanding tubs, large walk-in showers, and modern vanities. All components, including flooring, lighting, and fixtures, are new and meet current quality standards, showing no signs of wear or deferred maintenance. The detached ADU also presents new, modern finishes.
Year Built
2023
Close
-
List price
$2.65M
Original List price
$2.65M
Price/Sqft
$558
HOA
$115
Days on market
-
Sold On
-
MLS number
IG26001218
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s), Panoramic, Trees/Woods
Deck
ViewLake, Mountain(s), Panoramic, Trees/Woods

About this home

Welcome to your Aspen inspired mountain contemporary residence in Mill Pond, a prestigious gated community in Lake Arrowhead. Imagine waking up each day in this recently built residence, perched at the top of a quiet, private cul-de-sac offering privacy, level entry, and a rare two car garage. Offering panoramic 360 degree views, this one of a kind setting captures sweeping lake vistas, snow capped mountains, mature trees, and dramatic ridgelines rarely found in Lake Arrowhead. The architecture blends refined mountain modern design with natural materials including stone, wood, stucco, and Hardie board siding, creating a timeless yet contemporary presence. The property includes a detached casita ADU with its own kitchenette, bedroom, and bathroom. The ADU has an active short term rental permit and has been a successful income producing rental, ideal for guests or additional income. The main level is designed as an open concept entertainment space connecting the kitchen, dining, and living areas. Expansive sliding glass doors open to large decks with panoramic lake views, creating effortless indoor outdoor living. A sleek fireplace anchors the living room. A two person elevator provides easy access between levels or can function as a dumbwaiter. The upper level features the primary suite with fireplace, private deck, spa inspired bath with soaking tub and view window, plus laundry and office space. The lower level offers a second living area with fireplace, a third expansive deck, two ensuite bedrooms, and a spacious game room. Mill Pond offers a refined mountain lifestyle within a secure gated setting, close to hiking, dining, village amenities, and lake rights. This home delivers modern mountain architecture, panoramic views, and built in income potential in one of Lake Arrowhead’s most desirable communities.

C
Christine Williams
Listing Agent

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.7mi
4/10
Charles Hoffman Elementary School
Public,K-55.6mi
3/10
Valley Of Enchantment Elementary School
Public,K-57.5mi
/10
Rim Virtual
Public,K-81.9mi
5/10
Mary P. Henck Intermediate School
Public,6-82.4mi
6/10
Rim Of The World Senior High School
Public,9-122.3mi

Price History

Date
Event
Price
07/16/19
Sold
$400,000
01/17/19
Sold
$4,120,000
Condition Rating
Excellent

This property was built in 2023, making it a brand new construction. The images confirm a consistently modern and high-end aesthetic throughout, featuring a sleek kitchen with new stainless steel appliances, quartz countertops, and contemporary cabinetry. Bathrooms are spa-inspired with freestanding tubs, large walk-in showers, and modern vanities. All components, including flooring, lighting, and fixtures, are new and meet current quality standards, showing no signs of wear or deferred maintenance. The detached ADU also presents new, modern finishes.
Pros & Cons

Pros

Unparalleled Panoramic Views: The property boasts breathtaking 360-degree views of the lake, snow-capped mountains, mature trees, and dramatic ridgelines, offering a unique and highly desirable setting.
Income-Generating Detached ADU: Includes a detached casita ADU with an active short-term rental permit, providing significant income potential or flexible accommodation for guests.
Modern Luxury New Construction: Built in 2023, this residence features refined mountain modern architecture, high-quality natural materials, and contemporary design throughout.
Exclusive Gated Community & Privacy: Located in the prestigious Mill Pond gated community, at the top of a private cul-de-sac, ensuring enhanced security, tranquility, and convenient level entry.
Exceptional Accessibility & Layout: Equipped with a two-person elevator for easy multi-level access and an open-concept main level with expansive decks, facilitating seamless indoor-outdoor living.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4747, other record living area = 2363. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Premium Price Point: The $2.65 million list price places this property in a very high-end luxury market, which may narrow the pool of prospective buyers.
Ongoing Association Fees: The monthly $115 association fee represents an additional recurring cost of ownership that buyers must factor into their budget.
Lack of Explicit Cooling System: While a mountain home, the description does not explicitly mention a cooling system, which could be a consideration for buyers accustomed to air conditioning during warmer periods.
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