
Lake Arrowhead, California 92352
This Stunning Renovated Mountain Retreat is a Prime Investment Opportunity, listed at $2,195,000—positioned well below the $2,244,538 Fair Market Value by 2%. This valuation gap offers $49,538 in Instant Equity. Featuring an Excellent Condition Rating following a $600K renovation, the home offers a Prow-style architecture with panoramic lake views, a wraparound redwood deck, and custom Alder cabinetry. It is an ideal sanctuary for Luxury Homebuyers or Second-Home Owners seeking a turnkey, first-tier lakefront lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 359 John Muir Road Subject | $1,995,000* List Price | 3 | 3 | 2,663 | $689 | - |
A 357 Mittry Sold | $1,675,000 | 5 | 5 | 3,017 | $555 | 0.8 mi |
B 28065 Peninsula N Sold | $1,895,000 | 4 | 4 | 3,484 | $544 | 0.8 mi |
C 197 Ca-173 Active | $1,600,000 List Price | 4 | 3 | 2,312 | $692 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive $600K renovation, with the description stating new owners will be the first to occupy the home. It features mint condition finishes, custom Alder cabinetry, and modern upgrades throughout, qualifying it as a <5-year renovation in excellent condition.
Situated just across the street from the water in a coveted first-tier position, this home includes lake rights and the rare opportunity to purchase a single-slip dock.
The property has undergone a comprehensive high-end renovation featuring custom Alder cabinetry and offers buyers the unique chance to personalize final finishes like countertops and lighting.
The dramatic Great Room with wood-lined cathedral ceilings and expansive windows captures stunning lake views from nearly every room, perfectly blending mountain character with modern luxury.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7250, other record lot size in square feet = 7800. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2663, other record living area = 2378.
While a single-slip dock is available, it is not included in the $2.195M list price and requires a separate purchase, increasing the total investment for full lake access.
The local public schools serving the property have modest ratings, ranging from 3 to 5, which may be a drawback for families prioritizing high-performing educational districts.
Experience the perfect blend of mountain warmth and lake-house living in this beautifully renovated Prow-style home, ideally situated in a coveted first-tier location just across the street from the lake (lake rights, of course). With the extensive $600K renovation, the new owners will be the first to occupy the home, enjoying fresh finishes, thoughtful upgrades, and the opportunity to add their own personal touches. A single-slip dock is also available for purchase separately, completing the epitome of living the perfect Lake Arrowhead lifestyle. Step inside to a dramatic Great Room where natural wood-lined, open-beamed cathedral ceilings create the warmth and character expected in a classic mountain-lake retreat. Expansive windows capture beautiful lake views, while a wood-burning fireplace provides an inviting gathering place year-round. The open design flows to an oversized wraparound redwood deck, extending the living and entertaining space outdoors. The home offers three bedrooms, three baths, a spacious loft/game room and a separate lower-level family room—providing plenty of room for family and guests. Most rooms enjoy lake views, reinforcing the home's wonderful connection to the water. The family room features a second wood-burning fireplace and wet bar complete with an icemaker and beverage refrigerator, creating an ideal space for entertaining. Beautiful custom Alder cabinetry adds warmth and craftsmanship throughout the kitchen and hallways. Buyers still have time to personalize select finishing details, including their choice of granite or quartzite kitchen countertop colors, shower-door finishes, and some lighting. Outside, the lower patio offers another inviting entertaining area with a new built-in BBQ and room for a future spa. Parking is unusually generous for a mountain property, with level parking for four vehicles and deep enough for boat parking. Walk directly across the street from the front side to the lake and access to the single-slip dock (available for extra). With its first-tier setting, extensive renovation, lake views, and optional dock, this is a rare opportunity to enjoy a fresh take on the quintessential Mountain-Lake lifestyle.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-5 • 6.1 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,663 | 2,015.827 |
| Lot Size | 7,250 | 10,163.827 |
| Price | $2.00M | $655.9K |
| Price per sq ft | $749 | $341 |
| Built year | 1973 | 1980 |
| HOA | $0 | $544 |
| Days on market | 18 | 78 |
Sep 7, 2026
$1,995,000
$2,195,000
-9% Price Drop
Initial Listing
Aug 22, 2026
$2,195,000
Initial Listing
Feb 7, 2023
$1,221,000
Public Record