388 Primrose Circle, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 6 bed, 5 bath

388 Primrose Circle
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 388 Primrose Circle, Lake Arrowhead, California 92352 reveals a Prime Investment Opportunity with a current list price of $1,495,000—significantly undercutting the $1,546,139 Fair Market Value by 3%. This valuation gap indicates a +$51,139 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 388 Primrose Circle Subject | $1,495,000* List Price | 6 | 5 | 2,764 | $559 | - |
A 357 Mittry Active | $1,750,000 List Price | 5 | 5 | 3,017 | $580 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2022, making it virtually brand new. The description highlights high-end finishes, including quartz countertops, European-style cabinetry, stainless steel appliances in the kitchen, and ceramic flooring, quartz countertops, and high-end fixtures in the bathrooms. Images confirm a modern, pristine condition with contemporary design, new appliances, stylish light fixtures, and new flooring throughout. All major systems, including dual A/C units and an EV charger, are new and meet current quality standards, indicating no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Modern Design
Built in 2022, this property boasts contemporary design with high-end finishes, including quartz countertops, European cabinetry, and stainless steel appliances, offering a turn-key luxury experience.
- Prime Lake Arrowhead Location
Situated just two minutes from Lake Arrowhead Village and a short walk to the lake, coupled with valuable lake rights, enhancing recreational access and desirability.
- Strong Income-Generating Potential
Explicitly noted for its strong rental history and being sold fully furnished, making it an attractive, ready-to-operate investment property.
CONSRISKS & DEFICIENCIES
- Modest Lot Size
The 6,012 sqft lot is relatively small for a 6-bedroom luxury home, potentially limiting expansive outdoor private space beyond the decks.
- Potential for High Operating Costs
As a large, luxury mountain home with extensive amenities and designed for frequent use/rentals, it likely incurs higher utility, maintenance, and insurance expenses.
- Limited Enclosed Parking
While there's parking for four vehicles, only a one-car garage is available, which may be insufficient for protecting multiple vehicles from mountain weather or for extensive storage needs.
About 388 Primrose Circle
Meet Primrose Lodge! A luxury mountain getaway built in 2022 and designed with hosting in mind. Just two minutes from Lake Arrowhead Village and a short walk to the lake, this 6 bedroom, 5 bath home blends elevated comfort with laid back mountain living. One of the best parts? A level driveway, one car garage, and easy level entry straight into the main living space (no stairs needed). Inside, you’re welcomed by a spacious open layout with high end finishes throughout: quartz countertops, European style cabinetry, stainless steel appliances, a large kitchen island, and curated mountain inspired decor. The main level features a fully stocked gourmet kitchen, cozy living room with views of the pines, fireplace, dining area, expansive deck, and a primary suite. Downstairs offers just the right amount of extra space with a bonus living room, two guest bedrooms connected by a full bath, and another spacious deck with a fire pit, perfect for chilly mountain evenings. The bottom level includes an additional primary suite plus two more bedrooms with a shared full bath. All six bedrooms are thoughtfully furnished with comfort and ample closet space in mind. The bathrooms feature ceramic flooring, quartz countertops, high end fixtures, hardwood cabinetry, and luxury quality towels and toiletries. Primrose was made for entertaining, indoors and out. With two large decks, lounge seating, outdoor dining, fire pits, and a BBQ, it’s the ultimate mountain getaway. Other key highlights include two A/C units covering all three levels, dual laundry rooms, an EV charger, and parking for up to four vehicles. With lake rights, a strong rental history, an easy walk to the Village and lake, and being sold fully furnished, Primrose is ready for its next chapter. Whether that's a weekend getaway, full time escape, or income producing investment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 6,012 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 5 (5 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 • 1.8 mi
Charles Hoffman Elementary School
Grades K-5 • 6.1 mi
Valley Of Enchantment Elementary School
Grades K-5 • 6.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 2,764 | 1,979.5 | 79% |
| Lot Size | 6,012 | 9,752 | 16% |
| Price | $1.50M | $680.0K | 89% |
| Price per sq ft | $541 | $342 | 88% |
| Built year | 2022 | 1977 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 236 | 4% |
Pricing History
Listed for Sale
Dec 15, 2025
$1,495,000
Initial Listing
Sold
Dec 28, 2018
$23,000
Public Record
Sold
Jul 24, 2008
$34,500
Public Record






























