535 Pioneer Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
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Lake Arrowhead, California 92352
This Value-Add Mountain Retreat is listed at $535,000, offering a strategic entry into the prestigious Arrowhead Woods community. While priced near the $502,006 Fair Market Value, the valuation is bolstered by highly coveted Full Lake Rights, a new electrical panel, and a whole-house Generac generator. Currently holding a Fair Condition Rating, the residence features vaulted ceilings and serene forest views that provide a strong foundation for forced appreciation through cosmetic updates. Located steps from Mary P. Henck Intermediate, this is a premier opportunity for Fix-and-Flip Investors or Owner-Occupants looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 535 Pioneer Road Subject | $535,000* List Price | 3 | 2 | 1,752 | $287 | - |
A 307 Pioneer Road Sold | $475,000 | 3 | 2 | 1,406 | $338 | 0.4 mi |
B 27300 Bernina Sold | $435,000 | 3 | 2 | 1,422 | $306 | 0.3 mi |
C 27121 Peninsula Drive Sold | $380,000 | 3 | 2 | 1,452 | $262 | 0.1 mi |
D 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.2 mi |
E 677 Rhine Road Sold | $550,000 | 3 | 2 | 1,965 | $280 | 0.1 mi |
F 27486 Oakwood Sold | $495,000 | 4 | 3 | 1,725 | $287 | 0.5 mi |
G 27230 Peninsula Drive Active | $549,000 List Price | 3 | 2 | 1,716 | $320 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this property is aged and requires cosmetic updates as explicitly stated in the description. The kitchen features dated two-tone cabinets, older countertops, and a mix of newer (range, dishwasher, fridge) and older (microwave) appliances, with laundry units in the kitchen. Bathrooms are functional but significantly outdated with small square and hexagonal tiles, older vanities, and dated light fixtures. While key functional upgrades like a new electrical panel and whole-house generator have been completed, and the property appears maintained, the overall aesthetic and major components like kitchen and bathroom styles are outdated, aligning with the 'fair' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9900, living area = 1752.
The property includes highly coveted full Lake Arrowhead lake rights, significantly enhancing recreational opportunities and property value in the area.
Recent upgrades such as a new electrical panel and a whole-house Generac generator provide modern reliability and peace of mind for potential buyers.
The description explicitly states the home is 'ready for your cosmetic touches,' indicating potential buyers will need to budget for aesthetic renovations.
Built in 1966, the home's age suggests that while some systems are updated, other components or aesthetics may be dated and require future investment.
Multiple price reductions from the original listing price may suggest a perceived overvaluation or slower market interest, potentially impacting negotiation.
Great Value on this Lake Arrowhead Home with Lake Rights & Peaceful Setting Welcome to your mountain retreat in beautiful Lake Arrowhead! This 3-bedroom, 2-bathroom home offers approximately 1,700 sq ft of living space on a spacious 9,000 sq ft lot. Enjoy level entry into a light-filled great room featuring vaulted ceilings & large picture window framing serene forest views. Also enjoy the cozy wood burning brick fireplace The functional layout includes one bedroom on the main level, two additional bedrooms upstairs, and a generous family room on the lower level — perfect for entertaining or relaxing. While the home is ready for your cosmetic touches, some upgrades have already been completed including a new electrical panel, a whole-house Generac generator, and a fully fenced yard with chain-link fencing. A large one-car garage adds convenience and storage. Nestled on a private road in Arrowhead Woods, this property includes full Lake Arrowhead lake rights — an ideal getaway or full-time residence offering both tranquility and potential. A very good value here .
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades K-5 • 5.5 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,752 | 1,952.5 | 40% |
| Lot Size | 9,900 | 9,857 | 51% |
| Price | $535.0K | $690.0K | 32% |
| Price per sq ft | $305 | $346 | 32% |
| Built year | 1966 | 1978 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 326 | 229 | 76% |
Dec 6, 2025
$535,000
$549,000
-3% Price Drop
Initial Listing
Aug 11, 2025
$549,000
Initial Listing
May 31, 2025
$599,000
Initial Listing