
Lake Arrowhead, California 92352
This Turnkey Mountain Sanctuary is listed at $649,000, representing a stable investment at its $649,000 Fair Market Value. Boasting a Condition Rating of 2, the home features a comprehensive modern remodel with a designer kitchen, mountain views, and STR potential. The property includes coveted lake rights and a spacious patio in the desirable Palisades neighborhood. Located within the Rim of the World district near Lake Arrowhead Elementary, this residence offers a seamless transition for lifestyle-oriented buyers or vacation home seekers prioritizing high-end finishes and immediate occupancy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 362 Heliotrope Subject | $649,000* List Price | 4 | 2 | 1,833 | $354 | - |
A 28886 Cedar Sold | $650,000 | 3 | 3 | 1,512 | $430 | 0.2 mi |
B 381 Maple Drive Sold | $507,500 | 2 | 2 | 1,168 | $435 | 0.1 mi |
C 110 Highway 173 Sold | $575,000 | 3 | 3 | 1,260 | $456 | 0.4 mi |
D 230 Hemlock Drive Active | $749,000 List Price | 4 | 3 | 2,412 | $311 | 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 remodel (likely <5 years) featuring a modern kitchen with shaker cabinets and farmhouse sink, updated bathrooms with contemporary tile work, new flooring, and updated systems including plumbing and air conditioning.
The property has been extensively updated with new windows, flooring, kitchen, and bathrooms, offering a move-in-ready experience that blends modern comfort with mountain charm.
Located in the prestigious Palisades neighborhood with coveted lake rights, the home is within walking distance to Lake Arrowhead Village and recreational forest trails.
With four spacious bedrooms, air conditioning, and stylish furniture included, the property is ideally configured for immediate use as a high-potential short-term rental or vacation home.
The 4,800-square-foot lot is relatively small for the area, which may limit outdoor privacy and space for significant yard activities or future expansions.
The assigned elementary and middle schools have lower performance ratings (3 and 4), which may be a drawback for full-time residents with school-aged children.
Welcome to 362 Heliotrope Drive, a beautifully remodeled lake home in the highly sought-after Palisades neighborhood of Lake Arrowhead. Thoughtfully updated with new windows, flooring, kitchen, and baths, this home blends modern comfort with mountain charm. The spacious living room, anchored by a cozy fireplace, flows seamlessly into the generous, updated kitchen, creating an ideal space for relaxing and entertaining. An indoor laundry area adds everyday convenience. With four well-sized bedrooms with huge closets, there is ample flexibility for a spacious living space, guests, or a home office. There is STR potential too. The main level primary suite features an en-suite bathroom for added privacy and comfort. Warm wood accents and stylish furniture—included with the property—enhance the home’s inviting character. Outside, the patio is perfect for al fresco dining, barbecues, or simply enjoying the serene surroundings. Practical features include plentiful off-street parking, a carport, additional storage, air conditioning, and updated plumbing. Just a short stroll away, Lake Arrowhead Village offers restaurants, shops, and live music. Outdoor enthusiasts will appreciate nearby Lake Arrowhead, as well as the San Bernardino National Forest with its extensive hiking and recreational opportunities. All this and lake rights!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-5 • 6.0 mi
Grades K-5 • 7.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,833 | 1,952.5 | 45% |
| Lot Size | 4,800 | 9,805 | 13% |
| Price | $649.0K | $690.0K | 44% |
| Price per sq ft | $354 | $348 | 53% |
| Built year | 1968 | 1978 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 226 | 13% |
Jan 24, 2026
$649,000
Initial Listing
Apr 10, 2025
$600,000
Public Record
Dec 29, 2021
$644,500
Public Record
Dec 16, 2020
$525,000
Public Record
Jun 17, 2020
$360,000
Public Record
Jun 21, 2013
$215,000
Public Record
Feb 22, 2013
$142,000
Public Record