473 Annandale Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
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Lake Arrowhead, California 92352
This Spacious Mountain Retreat represents a High-Potential Investment Opportunity, listed at $875,000—positioned well above the $725,736 Fair Market Value by -20%. While currently priced above market, the property offers significant upside through cosmetic modernization of its Fair Condition Rating interiors. Featuring level entry, lake rights, and a versatile floor plan with an expansive bonus room, this asset provides long-term value. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 473 Annandale Drive Subject | $875,000* List Price | 3 | 3 | 2,434 | $298 | - |
A 116 Fairway Drive Sold | $734,000 | 4 | 3 | 2,598 | $283 | 0.5 mi |
B 641 Golf Course Road Sold | $845,000 | 4 | 3 | 2,828 | $299 | 0.4 mi |
C 277 Grizzly Road Sold | $895,000 | 5 | 4 | 2,824 | $317 | 0.9 mi |
D 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.9 mi |
E 158 Golf Course Road Sold | $750,000 | 3 | 3 | 2,006 | $374 | 0.8 mi |
F 615 San Benito Active | $637,500 List Price | 3 | 3 | 2,487 | $256 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this 27-year-old property falls into the 'Fair' category as it exceeds the 20-year threshold without evidence of a major recent renovation. While the home is well-maintained and functional, the kitchen and bathrooms feature original dated elements such as tile countertops and 90s-style cabinetry. It is move-in ready but requires cosmetic updates and potential system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10024, living area = 2434.
The home features a rare and highly desirable level entry from the street directly into the main living area, which includes the primary suite, kitchen, and laundry for convenient single-floor living.
With 2,434 square feet of space, including a secondary family room and a large expansive bonus room, the property offers significant flexibility to easily add a fourth bedroom or a dedicated home office.
The local elementary schools serving the area have lower performance ratings (3 and 4), which may be a drawback for families prioritizing high-ranking educational districts.
Built in 1997 and featuring original tile countertops, the home may require cosmetic updates and modernizations to meet the aesthetic expectations of contemporary luxury buyers in this price bracket.
Welcome home to this beautifully designed mountain retreat, offering convenient level entry from Annandale Drive directly into the main living area. The thoughtfully designed main floor features a spacious living room, dining area, kitchen, and an impressive primary suite, creating comfortable single-level living. Just outside the front entrance, a large deck provides additional outdoor living space—perfect for morning coffee, entertaining guests, or simply enjoying the peaceful mountain surroundings. Inside, abundant windows and skylights fill the home with natural light, creating a bright and inviting atmosphere throughout. The spacious living room showcases a charming brick fireplace and seamlessly flows into the dining area, making it ideal for gatherings with family and friends. The kitchen is both functional and welcoming, featuring beautiful tile countertops, a center island, generous pantry storage, and easy access to the adjacent powder room and laundry area. The oversized two-car garage offers ample parking and storage, with windows that bring in additional natural light. Privately situated off the living room, the primary suite is a true sanctuary. Surrounded by windows that capture the forest views, the suite features a luxurious bathroom complete with dual vanities, a large soaking tub, separate shower, and an additional oversized walk-in closet. The lower level offers exceptional flexibility with a spacious family room anchored by a second fireplace, creating the perfect space for movie nights, game days, or relaxing after a day on the lake. Two additional bedrooms and a full bath provide comfortable accommodations for family and guests. Also located downstairs is an expansive bonus room with endless possibilities. Whether envisioned as a fourth bedroom, game room, home office, fitness studio, hobby room, or media room, this versatile space can easily adapt to your lifestyle needs. Step outside from the family room onto another private deck nestled among towering trees, providing a tranquil setting to enjoy the fresh mountain air and natural beauty. Ideally located just minutes from the Lake Arrowhead Country Club and offering coveted lake rights, this exceptional property combines comfort, versatility, and the best of mountain living.
No exterior & parking available.
Grades PK-5 • 2.8 mi
Grades K-5 • 4.7 mi
Grades K-5 • 8.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,434 | 1,998.5 | 66% |
| Lot Size | 10,024 | 9,897 | 54% |
| Price | $875.0K | $685.0K | 72% |
| Price per sq ft | $359 | $346 | 55% |
| Built year | 1997 | 1978 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 212 | 1% |
Jun 3, 2026
$875,000
Initial Listing
Dec 19, 2001
$389,000
Public Record
Oct 15, 1997
$316,590
Public Record
Nov 6, 1996
$31,500
Public Record