303 Lake Knoll Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 4 bath

303 Lake Knoll Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$3,860,000
303 Lake Knoll Drive, Lake Arrowhead, California 92352
3Beds
4Baths
3,906Sqft
14,650Lot

Price Vs. Estimate

The estimated value ($3,122,506.01) is $737,493.99 (19%) lower than the list price ($3,860,000). This property may be overpriced.

Key pros and cons

Top Pros:
Luxury Design & Finishes: This 'Showplace' property boasts impeccable design, high ceilings, and a sense of grandeur, featuring rich wood, beveled glass, and artful fixtures throughout, creating a unique and stately ambiance.
Top Cons:
Niche Architectural Style: The highly specific 'Cotswolds of England' aesthetic with ornate details, while grand, may appeal to a more niche buyer pool, potentially limiting market breadth.

Compared to the nearby listings

Price:$3.86M vs avg $675.0K (+$3,185,000)99%
Size:3,906 sqft vs avg 1,948 sqft93%
Price/sqft:$988 vs avg $35198%

More Insights

Built in 1987 (38 years old).
Condition: The property was built in 1987, making it 38 years old. While the description highlights 'Impeccably designed' with 'Rich Wood, Beveled Glass, Artful Fixtures and Appointments throughout,' suggesting high-quality original construction, there is no explicit mention of recent major renovations to the kitchen, bathrooms, or major systems (HVAC, electrical). The provided image is only of the exterior, which appears well-maintained but offers no insight into the interior condition, particularly the critical kitchen and bathroom areas. Without evidence of recent updates to these key components, it's likely that while functional and well-kept, some elements may be outdated in style or nearing the end of their expected lifespan, aligning with the 'fair' condition criteria for properties built over 20 years ago with no major renovations since construction or renovated 15-30 years ago.
Year Built
1987
Close
-
List price
$3.86M
Original List price
$3.86M
Price/Sqft
$988
HOA
$214
Days on market
-
Sold On
-
MLS number
IV25096723
Home ConditionFair
Features
Good View: Lake, Peek-A-Boo, Trees/Woods
Patio
ViewLake, Peek-A-Boo, Trees/Woods

About this home

Showplace! Not another like this one! Impeccably designed with High Ceilings and a sense of Grandeur, one would think you were in the Cotswolds of England. Stately yet comfortable. Rich Wood, Beveled Glass, Artful Fixtures and Appointments throughout. The Morning Room off the Kitchen is a focal point for Breakfast and to start the day before strolling to the Lake. There is a sweeping outdoor terrace for entertaining. An Authentic Pub Bar and Formal Dining Area will seat 10 comfortably. The Master Suite is stunning with Fireplace and Bath Salon. A Second Family Bedroom is Ensuite and a Split level Bedroom Lounge was designed as a Mini Apartment for additional Family, Guests or Staff! Too many extraordinary details to describe! Located in Gated 'Rainbow Point' Community. INCLUDES 1/2 DOUBLE DOCK. Picturesque Setting. Sense of privacy. Excellent Location with Easy Access to Shopping. Double Deep Garage. Tile Roof.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.7mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.1mi
4/10
Charles Hoffman Elementary School
Public,K-57.0mi
/10
Rim Virtual
Public,K-80.7mi
5/10
Mary P. Henck Intermediate School
Public,6-80.9mi
6/10
Rim Of The World Senior High School
Public,9-121.7mi
Condition Rating
Fair

The property was built in 1987, making it 38 years old. While the description highlights 'Impeccably designed' with 'Rich Wood, Beveled Glass, Artful Fixtures and Appointments throughout,' suggesting high-quality original construction, there is no explicit mention of recent major renovations to the kitchen, bathrooms, or major systems (HVAC, electrical). The provided image is only of the exterior, which appears well-maintained but offers no insight into the interior condition, particularly the critical kitchen and bathroom areas. Without evidence of recent updates to these key components, it's likely that while functional and well-kept, some elements may be outdated in style or nearing the end of their expected lifespan, aligning with the 'fair' condition criteria for properties built over 20 years ago with no major renovations since construction or renovated 15-30 years ago.
Pros & Cons

Pros

Luxury Design & Finishes: This 'Showplace' property boasts impeccable design, high ceilings, and a sense of grandeur, featuring rich wood, beveled glass, and artful fixtures throughout, creating a unique and stately ambiance.
Exclusive Lake Amenities: A significant premium feature, the property includes 1/2 of a double dock, offering direct and convenient lake access for recreational activities.
Gated Community & Privacy: Located within the exclusive, gated 'Rainbow Point' community, the property offers enhanced security and a strong sense of privacy.
Versatile Living & Entertaining Spaces: The home features a sweeping outdoor terrace, an authentic pub bar, a formal dining area for 10, and a split-level bedroom lounge designed as a mini-apartment, providing ample space for entertaining and accommodating guests or staff.
Prime Location & Accessibility: Situated in an excellent location within Arrowhead Woods, the property offers easy access to shopping and local amenities.

Cons

Niche Architectural Style: The highly specific 'Cotswolds of England' aesthetic with ornate details, while grand, may appeal to a more niche buyer pool, potentially limiting market breadth.
Limited Lake View: While offering a lake view, it is described as 'Peek-A-Boo,' indicating it may not be a full, unobstructed panoramic view, which is often a top desire for lakefront properties.
Recurring Association Fees: The property is subject to an ongoing association fee of $214.0, representing an additional recurring cost for the homeowner.

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