315 Canyon Crest, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
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Lake Arrowhead, California 92352
This Mountain Chalet Condominium represents a Strong Value Opportunity, listed at $295,000—positioned well below the $316,293 Fair Market Value by 6%. This valuation gap provides $21,293 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the interior features Updated Flooring and a signature Stone Fireplace, complemented by a Private Balcony with Mountain Views. Located within the Rim of the World School District near Lake Arrowhead Village, this turnkey asset balances lifestyle appeal with investment stability. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 Canyon Crest Subject | $280,000* List Price | 3 | 2 | 1,404 | $210 | - |
A 313 Canyon Crest Sold | $319,000 | 3 | 2 | 1,404 | $227 | 0.0 mi |
B 305 Canyon Crest Pending | $360,000 List Price | 3 | 2 | 1,404 | $256 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features key updates such as modern laminate flooring and a well-maintained stone fireplace. Although built in 1981, the interior presents as clean and functional with a bright, open layout. It meets the 'good' criteria as it requires no immediate renovations for occupancy, though it does not qualify as 'excellent' due to the lack of a comprehensive, full-home renovation within the last five years.
Priced under $300,000 for a three-bedroom unit, this property offers an exceptional entry-level price point for the Lake Arrowhead area, making it highly attractive to first-time buyers and investors.
The condo features desirable updates including new flooring and a signature stone fireplace, providing a move-in-ready mountain chalet atmosphere that appeals to contemporary tastes.
Located just minutes from Lake Arrowhead Village, the property ensures convenient access to the area's primary shopping, dining, and recreational hubs, maximizing its potential as a vacation rental.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =832, other record lot size in square feet = 1230.
The $615 monthly association fee is relatively high compared to the listing price, which may impact overall affordability and reduce the net ROI for investment-focused buyers.
Built in 1981, the property may require more frequent maintenance of older mechanical systems and common area components compared to newer developments in the region.
** PRICE IMPROVED ** Mountain Living at Its Best in Lake Arrowhead! Beautiful chalet-style condo in the desirable Lake Arrowhead Chalets community featuring 3 bedrooms, 2 bathrooms, and 1,404 sq ft of inviting living space. Enjoy updated flooring, a stunning stone fireplace, and a bright open layout perfect for relaxing or entertaining. Step out onto your private balcony and take in the peaceful mountain setting. Ideal as a full-time home, vacation getaway, or investment property. Conveniently located just minutes from Lake Arrowhead Village, shopping, dining, and outdoor recreation. Do you want to know more about this beautiful condo? Call me today!
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades K-5 • 6.0 mi
Grades K-5 • 6.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 58% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,404 | 1,404 | 50% |
| Lot Size | 832 | 841 | 50% |
| Price | $280.0K | $329.2K | 25% |
| Price per sq ft | $199 | $217 | 42% |
| Built year | 1981 | 1981 | 50% |
| HOA | $615.0 | $570 | 50% |
| Days on market | 30 | 235 | 8% |
Apr 17, 2026
$280,000
$295,000
-5% Price Drop
Initial Listing
Mar 23, 2026
$295,000
Initial Listing
Sep 29, 2003
$1,000
Public Record