306 Villa Way, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 2 bath
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306 Villa Way
Lake Arrowhead, California 92352
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,424Sq Ft
986Lot Size
Property Price
LIST PRICE$849,000
SUMMARY
THIS IS LAKE ARROWHEAD LIVING WITH THE LAKE BUILT IN. Wake up and check the water. Wander to the Village for coffee. Take the boat out because the afternoon looks too good not to. Come home, start the fire and watch the lake settle into evening. Here, the best parts of Lake Arrowhead aren’t something you have to plan around. The lake, the dock, the beach and the Village are all part of the rhythm of the day. Evening light on the balcony. Trees outside the windows. Dinner within walking distance. That wonderful feeling that you’ve officially run out of reasons to leave. LESS TIME GETTING TO THE LAKE, START LIVING IT NOW...
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1998, this 28-year-old property is well-maintained and functional, but features a dated interior. The kitchen and bathrooms retain original oak cabinetry and older white appliances, indicating a need for cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Village Proximity
Ideally situated within walking distance to Lake Arrowhead Village, offering effortless access to premium dining, shopping, and entertainment.
- Desirable Lake Views
The property boasts beautiful views of the lake, water, and surrounding trees, providing the quintessential mountain-lake aesthetic that drives high demand in this market.
- Modern Construction
Built in 1998, this residence is significantly newer than many surrounding cabins, offering more modern building standards and systems for the area.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 986, living area = 1424.
- High Association Fees
The $750 association fee represents a significant monthly carrying cost that may impact buyer affordability and overall investment yield.
- Limited Outdoor Space
With a lot size of only 986 square feet, the property offers very little private land or yard space, which may deter buyers looking for traditional outdoor utility.
About 306 Villa Way
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 986 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $750.0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 1.8 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 6.4 mi
3/10
Charles Hoffman Elementary School
Grades K-5 • 6.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,424 | 1,979.061 |
| Lot Size | 986 | 10,277.399 |
| Price | $849.0K | $643.6K |
| Price per sq ft | $596 | $338 |
| Built year | 1998 | 1978 |
| HOA | $750.0 | $614 |
| Days on market | 38 | 91 |
Pricing History
Listed for Sale
Oct 8, 2026
$849,000
$889,000
-4% Price Drop
Initial Listing
Price Change
Oct 6, 2026
$889,000
$899,000
-1% Price Drop
Initial Listing
Price Change
Sep 16, 2026
$899,000
Initial Listing
Sold
Aug 8, 2024
$774,000
Public Record
Sold
Aug 21, 1998
$270,000
Public Record