
Lake Arrowhead, California 92352
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $685,000—positioned well below the $717,932 Fair Market Value by 4%. This valuation gap offers $32,932 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this fully remodeled home includes a modern kitchen, vaulted wood-beamed ceilings, and a spacious deck. With Lake Arrowhead privileges and a large 10,000 sq. ft. lot, it is an ideal sanctuary for Owner-Occupants or vacation rental investors seeking a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 Cumberland Subject 4 bd · 3 ba · 2,267 sqft · $317 | $685,000* List Price | 4 | 3 | 2,267 | $317 | - |
A 28577 Shenandoah Sold 3 bd · 2 ba · 1,820 sqft · $302 · 0.5 mi | $550,000 | 3 | 2 | 1,820 | $302 | 0.5 mi |
B 28589 Shenandoah Drive Sold 3 bd · 3 ba · 2,129 sqft · $305 · 0.5 mi | $649,000 | 3 | 3 | 2,129 | $305 | 0.5 mi |
C 434 Klamath Drive Sold 4 bd · 3 ba · 2,440 sqft · $258 · 0.5 mi | $630,380 | 4 | 3 | 2,440 | $258 | 0.5 mi |
D 395 Primrose Sold 4 bd · 3 ba · 1,830 sqft · $382 · 0.8 mi | $699,000 | 4 | 3 | 1,830 | $382 | 0.8 mi |
E 28641 Shenandoah Drive Sold 3 bd · 3 ba · 2,416 sqft · $329 · 0.4 mi | $795,000 | 3 | 3 | 2,416 | $329 | 0.4 mi |
F 422 Klamath Sold 4 bd · 3 ba · 3,060 sqft · $229 · 0.5 mi | $700,000 | 4 | 3 | 3,060 | $229 | 0.5 mi |
G 28940 Potomac Active 3 bd · 3 ba · 2,262 sqft · $298 · 0.1 mi | $675,000 List Price | 3 | 3 | 2,262 | $298 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, this property has undergone a comprehensive recent renovation and is marketed as turnkey. The interior features a newer kitchen with stainless steel appliances, modern bathrooms with glass-enclosed tile showers and stone vanities, and updated flooring, windows, and plumbing fixtures throughout, meeting the criteria for a high-quality recent renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 2267.
The property is fully remodeled and offered professionally decorated and furnished, providing an immediate move-in or short-term rental opportunity without the need for additional capital improvements.
Situated in the Arrowhead Woods subdivision, this home includes exclusive lake privileges, granting access to the private lake, parks, and trails, which significantly bolsters long-term property value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The assigned elementary and middle schools have lower to moderate ratings (3-5), which may be a deterrent for families looking to use the property as a primary residence.
Despite its proximity to the water and lake privileges, the property offers only wooded views rather than the premium lake views that typically command the highest price points in this market.
TURNKEY MOUNTAIN CABIN WITH LAKE PRIVILEGES + EXTRA LOT AVAILABLE! ~ Beautifully remodeled, wonderfully furnished, and ready to enjoy! This 2,267 sq. ft. prow-style mountain retreat offers 4 bedrooms, 3 baths, and a separate family room on a gorgeous, usable 10,000 sq. ft. forested lot. Dramatic vaulted wood-beamed ceilings and a spectacular two-story wall of windows create that quintessential mountain-cabin ambiance, while the open-concept Great Room is perfect for entertaining family and friends. ~ Remodeled and updated throughout with a newer kitchen, baths, windows, flooring, paint, deck, stonework, lighting, and plumbing fixtures. ~ Offered furnished and decorated — everything is ready for your arrival! Additional features include nearly level off-street parking, interior laundry, public utilities, high-speed internet, and a plowed and maintained road. ~ BONUS OPPORTUNITY: The adjacent vacant lot is also available! Build an additional home, create a huge garage with an ADU, or simply enjoy your own private forested park with extra space and privacy. ~ Enjoy Lake Arrowhead lake privileges, including access to the private and pristine lake, parks, and trails. Just 1 mile to the lake, marina, and Cedar Glen Village, and 2 miles to Lake Arrowhead Village! ~ The perfect mountain escape — beautifully updated, turnkey furnished, lake privileges, and room to dream. You're going to want to see this one.
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades K-5 • 5.4 mi
Grades K-5 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,267 | 1,979.061 |
| Lot Size | 10,000 | 10,277.399 |
| Price | $685.0K | $643.6K |
| Price per sq ft | $302 | $338 |
| Built year | 1977 | 1978 |
| HOA | $0 | $614 |
| Days on market | 7 | 91 |
Oct 17, 2026
$685,000
Initial Listing
Mar 8, 2012
$167,500
Public Record
Jul 6, 2005
$403,000
Public Record
Aug 10, 2001
$230,000
Public Record
Apr 13, 1995
$135,000
Public Record