
Lake Arrowhead, California 92352
This High-Potential Investment Opportunity is listed at $549,000, positioned above the $504,720 Fair Market Value. While the price reflects a premium, the property features Coveted Lake Rights and Extensive Recent Upgrades, including a new roof and energy-efficient systems. With a Condition Rating of 3, this mountain retreat offers a turnkey lifestyle in the Palisades neighborhood. Its versatile loft and proximity to Rim of the World schools make it a compelling choice for Buy-and-Hold Investors or Owner-Occupants seeking a scenic, low-maintenance getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 Hemlock Subject | $549,000* List Price | 1 | 1 | 624 | $809 | - |
A 230 Fremont Road Sold | $405,000 | 3 | 2 | 552 | $734 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1932, the property is well-maintained and move-in ready with significant recent upgrades to major systems including a new roof, updated plumbing, new water heater, and energy-efficient windows. The interior features a modern mini-split HVAC system and functional living spaces.
Situated in the prestigious Palisades neighborhood of Arrowhead Woods, this property includes highly desirable Lake Rights, granting exclusive access to private lake amenities and recreational activities.
The home features significant capital improvements including a new roof, updated plumbing, a new water heater, and energy-efficient windows and French doors, reducing immediate move-in costs.
The inclusion of a functional loft and 1.5 bathrooms—a rarity for a one-bedroom footprint—maximizes the home's utility for guests and increases its potential as a vacation rental.
At just 624 square feet, the compact interior may be too restrictive for full-time residents or families requiring more storage and living space.
Originally built in 1932, the nearly century-old structure may present ongoing maintenance challenges or insulation limitations inherent to historic mountain cabins.
Welcome to this charming mountain retreat located in the highly sought-after Palisades neighborhood of Lake Arrowhead, complete with coveted Lake Rights! This inviting home features 1 bedroom, a loft, and 1.5 bathrooms, offering the perfect blend of comfort and mountain charm. Recent upgrades provide peace of mind and modern convenience, including a new roof, updated plumbing, new water heater, and energy-efficient windows and French doors. The open and airy floor plan is filled with natural light, creating a warm and welcoming atmosphere throughout. The versatile loft provides additional sleeping space or a cozy retreat for guests. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this property offers the ideal mountain lifestyle. Conveniently located near Lake Arrowhead Village, hiking trails, dining, and outdoor recreation, this Palisades gem is ready for you to enjoy all that Lake Arrowhead has to offer.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-5 • 5.9 mi
Grades K-5 • 7.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 624 | 2,126 |
| Lot Size | 4,800 | 9,850 |
| Price | $549.0K | $669.1K |
| Price per sq ft | $880 | $346 |
| Built year | 1932 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 12 | 92 |
Jul 10, 2026
$549,000
Initial Listing
Jul 19, 2022
$415,000
Public Record
Nov 24, 1998
$95,000
Public Record