363 Castle Gate, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 2 bath
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363 Castle Gate
Lake Arrowhead, California 92352
ACTIVE
CONDITION: FAIR
5Beds
2Baths
1,692Sq Ft
4,200Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$575,000
SUMMARY
This Spacious Mountain Retreat is a Strong Value Opportunity, listed at $575,000—positioned well below the $576,793 Fair Market Value by 0.31%. Featuring Lake Rights, Rare Flat Parking, and a 5-bedroom layout, the property offers significant utility for short-term rentals or large families. While the home maintains a Fair Condition Rating with dated finishes, its structural potential and proximity to the Rim of the World School District provide a stable foundation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add mountain asset.
Estimated Market Value
$575,000
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 363 Castle Gate Subject 5 bd · 2 ba · 1,692 sqft · $340 | $575,000* List Price | 5 | 2 | 1,692 | $340 | - |
A 720 Buckingham Sq Active 3 bd · 3 ba · 1,616 sqft · $303 · 0.6 mi | $490,000 List Price | 3 | 3 | 1,616 | $303 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1962, this property is functional but dated. While the flooring appears to have been updated, the kitchen cabinetry and bathroom vanities reflect older styles (likely 20+ years old). The wood-paneled ceilings and original architectural features are well-maintained, but the home lacks modern system upgrades and high-end finishes, placing it firmly in the fair category for its age and renovation status.
PROSSTRENGTHS & OPPORTUNITIES
- Lake Rights & Access
The property includes coveted Lake Arrowhead lake rights, providing exclusive access to private beaches, trails, and recreational facilities in a premier mountain community.
- Rare Flat Parking
A rare feature for the area, the property offers flat parking that ensures easy year-round access, which is a significant safety and convenience advantage during winter months.
- High Occupancy Potential
With five bedrooms, this home offers exceptional capacity for large families or short-term rental guests, maximizing its utility as a vacation retreat.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Ratio
The home features only two bathrooms to serve five bedrooms, which may create logistical challenges and congestion for large groups or full-time residents.
- Aging Infrastructure
Built in 1962, the property may require capital improvements or modernization of its original systems and finishes to meet contemporary standards.
About 363 Castle Gate
Experience the best of mountain living at 363 Castle Gate Rd, where comfort, convenience, and the coveted Lake Arrowhead lifestyle come together. This spacious 5 bedroom, 2 bathroom home offers plenty of room to gather with family and friends, making it an ideal full-time residence, weekend retreat, or vacation home. A rare feature in Lake Arrowhead, the property offers flat parking for easy year-round access and a peek-a-boo lake view. Enjoy the benefits of Lake Arrowhead lake rights, giving you access to the lake's private beaches, trails, and recreation. Just minutes from Lake Arrowhead Village, you'll be close to waterfront dining, boutique shopping, seasonal events, and everything that makes this mountain community so special. Whether you're relaxing after a day on the lake or entertaining guests, this home offers the perfect base for creating lasting memories in one of Southern California's most sought after mountain destinations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 4,200 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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 • 2.0 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 6.3 mi
3/10
Charles Hoffman Elementary School
Grades K-5 • 6.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,692 | 1,979.061 |
| Lot Size | 4,200 | 10,277.399 |
| Price | $575.0K | $643.6K |
| Price per sq ft | $340 | $338 |
| Built year | 1962 | 1978 |
| HOA | $0 | $614 |
| Days on market | 92 | 91 |
Pricing History
Listed for Sale
Sep 16, 2026
$575,000
$589,000
-2% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$589,000
Initial Listing
Sold
Dec 28, 1998
$135,000
Public Record
Sold
Jun 29, 1995
$155,000
Public Record