329 Grass Valley Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath

329 Grass Valley Road
Lake Arrowhead, California 92352
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 329 Grass Valley Road Subject | $550,000* List Price | 3 | 2 | 1,891 | $284 | - |
A 677 Rhine Road Sold | $550,000 | 3 | 2 | 1,965 | $280 | 0.5 mi |
B 414 Grass Valley Sold | $500,000 | 3 | 2 | 1,459 | $343 | 0.1 mi |
C 27486 Oakwood Sold | $495,000 | 4 | 3 | 1,725 | $287 | 0.6 mi |
D 325 Brentwood Sold | $595,000 | 3 | 3 | 2,290 | $260 | 0.6 mi |
E 375 Grizzly Road Sold | $570,000 | 3 | 3 | 1,817 | $314 | 0.2 mi |
F 781 Nadelhorn Drive Sold | $462,000 | 4 | 2 | 1,726 | $268 | 0.7 mi |
G 27230 Peninsula Drive Active | $549,000 List Price | 3 | 2 | 1,716 | $320 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1978 and offered by the original owner, the home is well-maintained but remains largely in its original state. The kitchen features dated oak cabinetry, tile countertops with wide grout lines, and a fluorescent light box, while the living areas contain older wall-to-wall carpeting and dated wallpaper. While the property appears functional and structurally sound, it requires significant cosmetic modernization and system updates to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10450, living area = 1891.
- Lake Rights
Located in the prestigious Arrowhead Woods subdivision, this property includes coveted lake rights, providing exclusive access to private lake amenities and recreational activities.
- Ample Parking and Dual Access
The property features a 2-car garage, a dedicated parking space, and a private rear dirt driveway, offering rare and extensive space for RVs, boats, and multiple vehicles.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1978 and offered by the original owner, the home likely requires significant cosmetic updates and modernization to meet contemporary buyer expectations.
- Market Stagnation
The property has undergone multiple price reductions since June 2024, which may indicate previous difficulty in attracting buyers or underlying maintenance needs.
- Modest School Ratings
The assigned elementary schools carry lower performance ratings (3 and 4), which could be a drawback for families prioritizing top-tier educational facilities.
About 329 Grass Valley Road
Built in 1978 by the seller, this property hit the market for the first time. The home boasts a high ceiling in the living room, complete with a cozy fireplace that invites you to unwind. A large glass window in the living area provides a serene view of the surrounding trees, bringing nature into the living space. The main level features a well-appointed kitchen, a dining area perfect for family meals, and the master bedroom, ensuring convenience and comfort. Upstairs, the property includes two spacious bedrooms and a bath, offering plenty of space for family or guests. The lower level features a welcoming family room with a second fireplace, ideal for gatherings, game nights, or simply relaxing with loved ones. Outside, the property includes a dedicated parking space next to Grass Valley Road and a driveway leading to a 2-car garage, providing ample parking options. The spacious backyard is a haven for outdoor enthusiasts, featuring a patio and additional seating areas under the trees, perfect for barbecues, outdoor dining, or simply enjoying the fresh mountain air. With dual access, there is a private dirt driveway behind the property, offering extra parking for cars, RVs, or boats. Minutes from the Lake Arrowhead Country Club and Arrowhead Ridge, the home provides easy access to a range of recreational activities. It is also just a few minutes from the lake, where residents can enjoy the beautiful scenery, boating, fishing, or simply relax by the water. This property is a rare find, combining a prime location with lake rights, making it a highly desirable option for potential buyers seeking a tranquil mountain lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 10,450 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 2.4 mi
Valley Of Enchantment Elementary School
Grades K-5 • 5.3 mi
Charles Hoffman Elementary School
Grades K-5 • 7.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,891 | 1,971 | 46% |
| Lot Size | 10,450 | 9,767 | 62% |
| Price | $550.0K | $677.5K | 34% |
| Price per sq ft | $291 | $341 | 26% |
| Built year | 1978 | 1977 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 627 | 238 | 99% |
Pricing History
Listed for Sale
Jan 21, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
Price Change
Dec 11, 2025
$575,000
$595,000
-3% Price Drop
Initial Listing
Price Change
Nov 9, 2025
$595,000
$610,000
-2% Price Drop
Initial Listing
Price Change
Oct 15, 2025
$610,000
Initial Listing
Price Change
Jun 18, 2024
$725,000
Initial Listing






























