
Lake Arrowhead, California 92352
This Turnkey German-style Cottage is a Strong Value Opportunity, listed at $575,000—positioned well below the $580,919 Fair Market Value by 1%. This valuation gap offers $5,919 in Instant Equity. Featuring an updated kitchen, spacious front deck, and full lake privileges, the property maintains a Condition Rating of 3. Located near the Lake Arrowhead Country Club and the Rim of the World school district, this home is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready alpine retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 349 Golf Course Road Subject | $575,000* List Price | 3 | 2 | 1,664 | $349 | - |
A 279 Old Toll Sold | $585,000 | 3 | 2 | 1,697 | $345 | 0.6 mi |
B 414 Grass Valley Sold | $500,000 | 3 | 2 | 1,459 | $343 | 0.1 mi |
C 401 Grizzly Road Sold | $603,000 | 3 | 2 | 1,612 | $374 | 0.3 mi |
D 296 Massive Road Sold | $520,000 | 3 | 2 | 1,370 | $380 | 0.2 mi |
E 27445 Cedarwood Court Sold | $620,000 | 4 | 4 | 1,734 | $358 | 0.7 mi |
F 414 Pioneer Sold | $690,000 | 4 | 2 | 2,068 | $334 | 0.1 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.
Property is move-in ready.
Although built in 1979, the property is well-maintained and move-in ready with an updated kitchen and modern appliances. Recent cosmetic updates like freshly stained wood and newer flooring elevate it from 'Fair' despite some dated bathroom fixtures.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13000, living area = 1664.
Located in the Arrowhead Woods subdivision, this property includes full lake privileges, offering the owner exclusive access to private beach clubs, boating, and fishing on Lake Arrowhead.
The home is move-in ready with an updated kitchen, freshly stained wood accents, and all appliances included, minimizing immediate post-purchase expenses for the buyer.
At 55 days on the market, the property is seeing a slower absorption rate than typical high-demand mountain listings, which may impact its perceived market momentum.
Built in 1979, the home may possess older structural or mechanical systems that could require more frequent maintenance compared to newer builds in the area.
Nestled beneath towering pine trees, this charming 3-bedroom, 2-bath German-style cottage in Lake Arrowhead offers character at every turn—complete with full lake privileges. Inside, a bright, open floor plan features vaulted ceilings, a cozy loft, and freshly stained wood accents throughout. Expansive windows frame peaceful forest views, filling the home with natural light and a warm, storybook feel. The updated kitchen is fully equipped, and the upstairs laundry adds everyday convenience. Step outside to the spacious front deck and take in sweeping treetop and golf course views and crisp mountain air—your own private alpine retreat. With all appliances included, this home is truly move-in ready. The backyard features a fully fenced area along with a level space ready for your future plans. Ideally situated within a short walking distance to the Lake Arrowhead Country Club. **Seller is willing to provide concessions**
No exterior & parking available.
Grades PK-5 • 2.5 mi
Grades K-5 • 5.1 mi
Grades K-5 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,664 | 1,995.5 | 30% |
| Lot Size | 13,000 | 9,897 | 82% |
| Price | $575.0K | $683.5K | 35% |
| Price per sq ft | $346 | $345 | 50% |
| Built year | 1979 | 1978 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 212 | 7% |
Mar 23, 2026
$575,000
Initial Listing
Jul 28, 2023
$597,000
Public Record
Apr 24, 2018
$350,000
Public Record
Nov 21, 2003
$249,000
Public Record
Mar 5, 1998
$153,000
Public Record
May 1, 1996
$125,000
Public Record