459 Pioneer, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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Lake Arrowhead, California 92352
This Dual-Residence Compound represents a High-Potential Investment Opportunity, listed at $789,000—positioned well above the $687,835 Fair Market Value by -14%. Featuring Mid-Century Architecture, an Indoor Hot Tub, and Lake Rights, the property offers significant versatility for rental income or multi-generational living. While the Condition Rating of 3 reflects modern infrastructure upgrades, the layout is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a unique mountain retreat with proven Airbnb income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 459 Pioneer Subject | $789,000* List Price | 4 | 3 | 1,892 | $364 | - |
A 635 Grass Valley Drive Sold | $645,000 | 3 | 2 | 2,119 | $304 | 0.3 mi |
B 528 Brentwood Sold | $635,000 | 3 | 2 | 1,792 | $354 | 0.7 mi |
C 279 Old Toll Sold | $585,000 | 3 | 2 | 1,697 | $345 | 0.4 mi |
D 128 Brentwood Drive Sold | $850,000 | 4 | 4 | 2,253 | $377 | 0.7 mi |
E 27445 Cedarwood Court Sold | $620,000 | 4 | 4 | 1,734 | $358 | 0.6 mi |
F 401 Grizzly Road Sold | $603,000 | 3 | 2 | 1,612 | $374 | 0.2 mi |
G 414 Pioneer Sold | $690,000 | 4 | 2 | 2,068 | $334 | 0.1 mi |
H 26695 Thunderbird Sold | $665,000 | 4 | 4 | 1,888 | $352 | 0.9 mi |
I 316 Pioneer Road Active | $644,000 List Price | 3 | 3 | 1,989 | $324 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1970, the property has been significantly updated and well-maintained. Key improvements include a modernized kitchen with stainless steel appliances, updated flooring (hardwood laminate and LVP), and rebuilt decks. Most importantly, the systems have been modernized with an upgraded electrical panel, central air conditioning, mini-split systems, and a 10kW backup generator, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18150, living area = 1892.
The property features two distinct Mid-Century residences on a double lot, including a detached guest house currently operating as a successful Airbnb, offering exceptional versatility for rental income or multi-generational living.
Boasting classic 1970s design elements like vaulted ceilings, a sunken conversation pit, and an indoor hot tub, the home also includes coveted Lake Arrowhead rights, providing exclusive access to private lake amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1892, other record living area = 896.
With 1,892 total square feet divided between two separate buildings, the individual living areas and four bedrooms may feel compact, potentially challenging for buyers seeking large, open-concept indoor spaces.
The property is served by elementary schools with lower performance ratings (3 and 4), which may be a drawback for families prioritizing high-ranking primary education within the Rim of the World district.
Set among the pines on two expansive lots, this remarkable 1970s Mid-Century mountain retreat offers a rare opportunity to own a private Lake Arrowhead compound where timeless architecture, nature, and versatility come together. Two distinct residences are connected by generous entertaining decks and abundant outdoor living space, creating a seamless setting for quiet escapes, lively gatherings, and effortless indoor-outdoor living, framed by sweeping mountain views and a serene forest backdrop. The 4-bedroom, 2-bath main residence showcases classic Mid-Century design with soaring vaulted ceilings, exposed beams, knotty pine throughout, walls of windows, and an iconic freestanding wood-burning fireplace. The flexible floor plan includes a main-level bedroom and full bath, currently serving as a media room, a lofted bedroom, and two lower-level bedrooms, including a primary suite with an en-suite bath. Both lower-level bedrooms enjoy direct outdoor access. Multiple decks extend the living spaces outdoors, while updates include a rebuilt deck, hardwood laminate flooring throughout the main level, an upgraded electrical panel and outlets, central air conditioning, a mini-split system, a 10kW backup generator, and abundant storage. The detached spacious guest house embraces its own distinctive Mid-Century character with a dramatic stone fireplace, iconic sunken conversation pit, and spectacular indoor hot tub. Surrounded by towering pines, this private retreat features a rebuilt deck, mini-split heating and cooling, luxury vinyl plank flooring, and a paved asphalt driveway. Currently operating as an active Airbnb, it offers exceptional flexibility as an income-producing rental, guest accommodations, or a private escape. Centrally located in a well-established Lake Arrowhead neighborhood, this property is minutes from Lake Arrowhead Village, the Country Club, and the lake. Ownership includes coveted Lake Rights, while nearby forest trails, shopping, and dining are just moments away. With abundant parking, including space for a boat, exceptional privacy, multiple living opportunities, and iconic Mid-Century architecture, this is a truly rare offering where mountain living and timeless design come together. Best access to the property is via 394 Rainer Road.
No exterior & parking available.
Grades PK-5 • 2.3 mi
Grades K-5 • 5.3 mi
Grades K-5 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,892 | 2,126 |
| Lot Size | 18,150 | 9,850 |
| Price | $789.0K | $669.1K |
| Price per sq ft | $417 | $346 |
| Built year | 1970 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 2 | 92 |
Jul 20, 2026
$789,000
Initial Listing
Oct 17, 2019
$429,000
Public Record
May 1, 2002
$180,000
Public Record