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386 Rainier Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath

386 Rainier Road, Lake Arrowhead, California 92352 home-pic-0
ACTIVE UNDER CONTRACT$799,000
386 Rainier Road, Lake Arrowhead, California 92352
4Beds
4Baths
2,803Sqft
8,900Lot

Price Vs. Estimate

The estimated value ($799,000) is $0 (0%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Renovations: The property boasts significant recent upgrades including dual-pane windows, updated kitchen with granite countertops, renovated bathrooms, fresh exterior paint, and newly rebuilt composite decks and a new roof in 2024, indicating excellent maintenance and modernization.
Top Cons:
Multiple Price Reductions: The listing has undergone several price reductions from its original list price of $850,000 to $799,000, which could suggest initial overpricing or a slower market response.

Compared to the nearby listings

Price:$799.0K vs avg $675.0K (+$124,000)65%
Size:2,803 sqft vs avg 1,948 sqft81%
Price/sqft:$285 vs avg $35020%

More Insights

Built in 1988 (37 years old).
Condition: Despite being built in 1988, this property has undergone extensive and very recent renovations, including a new roof and rebuilt composite decks in 2024. The kitchen features updated granite countertops and stainless steel appliances, while the primary bathroom is newly renovated with modern fixtures and finishes. Dual-pane windows and fresh exterior paint further contribute to its virtually new condition, meeting current quality standards with minimal depreciation. The overall quality, especially in key areas like the kitchen and bathrooms, aligns with an 'excellent' rating due to these comprehensive updates within the last year and recent past.
Year Built
1988
Close
-
List price
$799K
Original List price
$850K
Price/Sqft
$285
HOA
-
Days on market
-
Sold On
-
MLS number
IG25188885
Home ConditionExcellent
Features
Good View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods

About this home

Level entry, gorgeous views from the back deck and 2 en-suites. This home boasts pride of ownership. Arrive to your level entry home with attached garage, EV electric car charger and ample space with 4 bedrooms. There have been renovations throughout including dual pane windows, updated kitchen with granite counter tops, updated bathrooms, fresh exterior paint and more. There is a large main floor with living room, dining room, large kitchen, and half bath. In 2024 the entire back decks were re-built using composite decking, along with a new roof. The decks offer a great space to take in the ridgeline views or entertain your guests. The middle floor has 3 bedrooms, one of which is the first primary suite, offering a newly renovated bathroom and private deck. Moving on through the laundry area and you'll find the family room/game room. The bottom floor has it's own private space with large bedroom, on-suite, and soaking tub. Home comes fully furnished, minus sellers personals, is located within lake rights, and is waiting for you to call it home.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.2mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•5.4mi
4/10
Charles Hoffman Elementary School
Public,•K-5•7.8mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•0.4mi
/10
Rim Virtual
Public,•K-8•0.7mi
6/10
Rim Of The World Senior High School
Public,•9-12•1.8mi
Condition Rating
Excellent
Despite being built in 1988, this property has undergone extensive and very recent renovations, including a new roof and rebuilt composite decks in 2024. The kitchen features updated granite countertops and stainless steel appliances, while the primary bathroom is newly renovated with modern fixtures and finishes. Dual-pane windows and fresh exterior paint further contribute to its virtually new condition, meeting current quality standards with minimal depreciation. The overall quality, especially in key areas like the kitchen and bathrooms, aligns with an 'excellent' rating due to these comprehensive updates within the last year and recent past.
Pros & Cons

Pros

Extensive Recent Renovations: The property boasts significant recent upgrades including dual-pane windows, updated kitchen with granite countertops, renovated bathrooms, fresh exterior paint, and newly rebuilt composite decks and a new roof in 2024, indicating excellent maintenance and modernization.
Desirable Location & Lake Rights: Located in the sought-after 'Arrowhead Woods' subdivision and includes valuable lake rights, granting access to exclusive Lake Arrowhead amenities and enhancing property appeal.
Panoramic Views & Outdoor Living: Offers gorgeous ridgeline, mountain, and tree views from the back decks, which are newly rebuilt and provide ample space for entertaining and enjoying the natural surroundings.
Turnkey & Furnished: The home comes fully furnished (minus seller's personal items), making it an ideal turnkey solution for immediate occupancy, a vacation rental, or a second home.
Functional Layout & Modern Amenities: Features a convenient level entry, attached garage with an EV charger, 4 bedrooms including 2 en-suites for privacy, and a dedicated family/game room, catering to diverse living needs.

Cons

Multiple Price Reductions: The listing has undergone several price reductions from its original list price of $850,000 to $799,000, which could suggest initial overpricing or a slower market response.
Lack of Central Cooling System: Despite extensive renovations, the property description does not mention a central air conditioning or cooling system, which could be a comfort concern during warmer months.
No Direct Lake View: While offering mountain and tree views and lake rights, the property does not explicitly state a direct lake view, which is often a premium feature highly sought after in the Lake Arrowhead area.

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