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

329 Grass Valley Road, Lake Arrowhead, California 92352 home-pic-0

329 Grass Valley Road

Lake Arrowhead, California 92352

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,891Sq Ft
10,450Lot Size

Property Price

LIST PRICE$550,000
EST. MARKET VALUE
$536,561

SUMMARY

Estimated Market Value

$536,561
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
329 Grass Valley Road
Subject
$550,000*
List Price
321,891$284-
A
677 Rhine Road
Sold
$550,000321,965$2800.5 mi
B
414 Grass Valley
Sold
$500,000321,459$3430.1 mi
C
27486 Oakwood
Sold
$495,000431,725$2870.6 mi
D
325 Brentwood
Sold
$595,000332,290$2600.6 mi
E
375 Grizzly Road
Sold
$570,000331,817$3140.2 mi
F
781 Nadelhorn Drive
Sold
$462,000421,726$2680.7 mi
G
27230 Peninsula Drive
Active
$549,000
List Price
321,716$3200.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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

4/10

Valley Of Enchantment Elementary School

Grades K-5 • 5.3 mi

3/10

Charles Hoffman Elementary School

Grades K-5 • 7.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
41%
Square foot1,8911,971
46%
Lot Size10,4509,767
62%
Price$550.0K$677.5K
34%
Price per sq ft$291$341
26%
Built year19781977
53%
HOA$0$0
50%
Days on market627238
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

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