349 Castle Gate, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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Lake Arrowhead, California 92352
This Turn-Key Mountain Retreat is a High-Potential Investment Opportunity, listed at $985,000—positioned above the $877,189 Fair Market Value by 12%. While priced for its premium condition, the property offers significant value through its Lake Rights, expanded Trex decking, and modernized A-Frame design. With a Mint Condition Rating, this home is ready for immediate use as a high-performing short-term rental or a private sanctuary. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a fully furnished, high-utility mountain escape.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 349 Castle Gate Subject | $985,000* List Price | 4 | 3 | 1,998 | $439 | - |
A 224 Crest Circle Sold | $875,000 | 5 | 3 | 2,200 | $398 | 0.3 mi |
B 27522 Cedarwood Sold | $817,500 | 3 | 3 | 1,942 | $421 | 0.6 mi |
C 252 Crest Circle Sold | $815,000 | 3 | 2 | 1,637 | $498 | 0.3 mi |
D 124 C Lane Sold | $865,000 | 4 | 4 | 2,224 | $389 | 0.9 mi |
E 242 Holiday Drive Sold | $950,000 | 3 | 4 | 2,172 | $437 | 0.3 mi |
F 309 Castle Gate Road Active | $745,000 List Price | 4 | 3 | 2,019 | $369 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1968, the property has undergone a comprehensive recent renovation within the last 5 years. It features a modern kitchen with high-end stainless steel appliances and stone countertops, updated hardwood flooring, and significant system upgrades including a newer roof, A/C, dual-pane windows, and Trex decking. The home is in mint, turn-key condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9610, living area = 1998.
The property includes coveted Lake Rights and offers peaceful lake and forest views from expanded Trex decks, significantly increasing its desirability as a premium mountain retreat.
This beautifully remodeled home features a newer roof, dual-pane windows, and A/C, blending classic rustic charm with modern comforts and high-speed internet for immediate occupancy.
Originally built in 1968, the property may require the specialized ongoing maintenance typical of older A-frame designs despite the extensive recent renovations.
The local elementary schools carry lower ratings (3 and 4), which may be a drawback for full-time residents with young children prioritizing academic performance.
Expanded & beautifully remodeled A-Frame retreat with lake views, incredible mountain charm, and Lake Rights! Surrounded by towering pines and blooming dogwoods, this turn-key 4 bedroom, 3 bath home offers the perfect blend of rustic character and modern comfort. ~ The expanded A-Frame design features soaring open wood-beamed ceilings, a dramatic wall of windows, and a cozy wood-burning fireplace that creates the ultimate mountain ambiance. Wonderfully furnished and tastefully decorated throughout, this home is ready to enjoy from day one. ~ Recent upgrades include a newer roof, Trex decking, dual-pane windows, A/C, updated finishes, and public utilities with high-speed internet — ideal for full-time living, vacation use, or a successful STR investment. ~ Enjoy outdoor living on two spacious decks, including an expanded entertaining deck overlooking peaceful lake views and forest surroundings. The fenced yard is perfect for pets, gatherings, or relaxing beneath the pines. ~ The lower level offers a full private suite with excellent flexibility for guests, a game room, or separate rental potential. Additional features include plenty of parking, a custom-built storage shed, and a plowed & maintained road for year-round easy access. ~ Located close to the lake and Village, with coveted Lake Rights granting access to the private, pristine blue waters of the lake. ~ A rare opportunity to own a true mountain getaway with character, comfort, and income potential.
No exterior & parking available.
Grades PK-5 • 2.0 mi
Grades K-5 • 6.3 mi
Grades K-5 • 6.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,998 | 1,997.5 | 50% |
| Lot Size | 9,610 | 9,936.5 | 45% |
| Price | $985.0K | $677.5K | 79% |
| Price per sq ft | $493 | $344 | 83% |
| Built year | 1968 | 1978 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 217 | 1% |
May 23, 2026
$985,000
Initial Listing
Apr 15, 2022
$1,000,000
Public Record
Jun 10, 2019
$493,500
Public Record
Dec 20, 2013
$430,000
Public Record
Nov 29, 2007
$490,000
Public Record
Mar 28, 2007
$399,000
Public Record
Mar 15, 2005
$399,000
Public Record
Mar 14, 1996
$168,000
Public Record