481 Heliotrope Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
481 Heliotrope Drive
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 481 Heliotrope Drive, Lake Arrowhead, California 92352 reveals a property with a current list price of $1,790,000, which is 4% above the estimated $1,703,869 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 481 Heliotrope Drive Subject | $1,790,000* List Price | 3 | 3 | 1,835 | $929 | - |
A 28923 Palisades Drive Sold | $1,750,000 | 3 | 3 | 1,977 | $885 | 0.2 mi |
B 28793 Palisades Sold | $1,525,000 | 4 | 3 | 1,652 | $923 | 0.1 mi |
C 28616 Shenandoah Drive Sold | $1,495,000 | 4 | 4 | 2,000 | $748 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1948, this property has undergone an extensive and recent designer remodel, as explicitly stated in the description ('newly remodeled designer home'). The listing details and images showcase a chef's kitchen with premium stainless steel Smart Samsung appliances, shaker-style cabinetry, and butcher block countertops, all appearing new and modern. Bathrooms are described as 'modern tile bathrooms.' The home features engineered hardwood floors, vaulted wood ceilings, central A/C and heating, an automatic generator, and smart home integrations like Sonos and Alexa speakers. All components appear new or virtually new, reflecting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a property extensively renovated within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7750, living area = 1835.
- Stunning Lake Views & Outdoor Living
The property offers sparkling lake views from every window and a 30-ft deck with Restoration Hardware furniture, fire pit, and private beach membership access, creating an exceptional outdoor living experience.
- Extensive Recent Remodel & Designer Finishes
This newly remodeled designer home features modern elegance with high-end finishes including a chef's kitchen, shaker-style cabinetry, engineered hardwood floors, vaulted wood ceilings, and Restoration Hardware furnishings.
CONSRISKS & DEFICIENCIES
- Age of Original Structure
Despite extensive remodeling, the home was originally built in 1948, which could raise concerns for some buyers regarding the condition of underlying systems or structural elements not explicitly mentioned as updated.
- Discrepancy in Property Details
There is an inconsistency between the MLS data (3 beds, 3 baths) and the detailed description (4 beds, 2.5 baths), which may cause confusion and require clarification for potential buyers.
- High-End Maintenance & Operating Costs
The numerous luxury amenities and smart home features, while desirable, may entail higher ongoing maintenance requirements, potential for specialized repairs, and increased utility costs compared to a standard property.
About 481 Heliotrope Drive
Welcome to Diamond Peak Chalet. Escape to a hidden gem in Lake Arrowhead. This charming Martha’s Vineyard-style home blends modern elegance with timeless character. Thoughtfully designed for a peaceful upscale retreat, it offers sparkling lake views from every window. Experience luxury mountain living with features such as a chef's kitchen, open concept living, shaker-style cabinetry, Restoration Hardware furnishings, custom wood-burning fireplace, premier landscaping with ambient lighting, modern tile bathrooms, engineered hardwood floors, and vaulted wood ceilings. Upgraded with amenities that include: central A/C and heating, entire home automatic generator, Samsung Frame TV, Sonos sound system, Alexa speakers in every room, primary bedroom on first floor, driveway parking for 5 cars, custom motorized blackout shades, lightning-fast internet, 2 private workspaces and plush king beds with new Slumber Solutions memory foam mattresses with hotel style Bedsure linens. This newly remodeled designer home features 4 bedrooms, 2.5 baths, and comfortably sleeps 8. With two driveways, including a half-moon entrance, there’s ample parking. Enjoy the resort lifestyle while being just minutes from the lake, trails, shops, restaurants.. A historic oak tree graces the property, offering a serene canopy. Nearby trails showcase seasonal colors! In the winter, the property becomes a snowy paradise. The front yard with new artificial turf is perfect for snow play, and a nearby sledding hill adds to the fun. Snow Valley Mountain Resort, just 30 minutes away, offers ski and snowboard adventures. The home enjoys beautiful natural light year-round. The 30-ft deck has stunning lake views, Restoration Hardware furniture, and large umbrellas. Enjoy stargazing, birdwatching, wildflowers, al fresco dining by the fire pit, and swims at the nearby private beach through private membership. With an open concept and seamless flow, this new home is truly perfect for families, groups of friends and couples who are looking for a luxurious and peaceful escape. The home features soft dimmable lighting throughout, custom live edge pass through kitchen window for ideal indoor/outdoor dining, luxury outdoor living, 6-burner gas grill, premium stainless steel Smart Samsung appliances and front load washer/dryer, butcher block countertops. This well equipped kitchen has every essential, cookware and gadget imaginable. This lake view mountain chalet will capture your senses and leave you in awe!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 7,750 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 1.0 mi
Charles Hoffman Elementary School
Grades K-5 • 6.1 mi
Valley Of Enchantment Elementary School
Grades K-5 • 7.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,835 | 1,971 | 44% |
| Lot Size | 7,750 | 9,752 | 22% |
| Price | $1.79M | $680.0K | 93% |
| Price per sq ft | $975 | $342 | 99% |
| Built year | 1948 | 1977 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 236 | 5% |
Pricing History
Listed for Sale
Dec 3, 2025
$1,790,000
Initial Listing
Sold
May 9, 2022
$1,440,000
Public Record
Sold
Mar 19, 2021
$575,000
Public Record
Sold
Dec 3, 1998
$155,500
Public Record