544 Community Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 1 bath
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Lake Arrowhead, California 92352
This Value-Add Investment Asset is listed at $200,000, positioned well below the $202,814 Fair Market Value by 1%. This acquisition provides $2,814 in Instant Equity and exceptional upside via three adjacent lots included for future expansion. With a Condition Rating of 5, the 1928 structure requires a full-scale rehabilitation of its vintage infrastructure to meet modern standards. Boasting forested hill views and a private deck near Rim Of The World Senior High School, this project is a high-potential opportunity for Fix-and-Flip Investors and Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 544 Community Drive Subject | $200,000* List Price | 2 | 1 | 804 | $239 | - |
A 28387 Larchmont Sold | $200,000 | 2 | 2 | 898 | $223 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928, this property is positioned as an investment opportunity and exhibits significant aging. The interior features dated wood paneling, worn carpeting, and a kitchen with obsolete appliances and cabinetry that appear to be 30-50 years old. While the structure is intact, the home requires substantial rehabilitation, including likely updates to electrical and plumbing systems, to meet modern safety and comfort standards.
The inclusion of three adjacent lots provides a rare and valuable opportunity for future additions or property development, offering substantial upside for investors.
Hassle-free living is a major highlight, as the water company manages essential mountain services including water, trash collection, and critical snow removal for a monthly fee.
Priced at $200,000, this property serves as an excellent entry-level investment or starter cabin in the competitive Lake Arrowhead market.
Built in 1928, the home likely requires significant updates to its core systems and structural elements to meet modern efficiency and safety standards.
With only 804 square feet of living space and a single bathroom, the current footprint is quite compact and may require immediate expansion to accommodate larger groups or modern living needs.
Are you ready for your next great investment opportunity? We are thrilled to present this amazing property for you. This charming one-story home features a dining area and a spacious living room with a cozy fireplace, perfect for enjoying cozy evenings. The property includes three adjacent lots providing ample space for future expansions or additions, making it truly yours. Enjoy hassle-free living with water, trash collection, and snow removal all taken care of by the water company for a monthly fee. Don't miss out on this fantastic opportunity!
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades K-5 • 6.0 mi
Grades K-5 • 6.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 804 | 2,126 |
| Lot Size | 3,350 | 9,850 |
| Price | $200.0K | $669.1K |
| Price per sq ft | $249 | $346 |
| Built year | 1928 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 191 | 92 |
Jan 12, 2026
$200,000
Initial Listing
Aug 24, 2012
$73,000
Public Record
Aug 1, 2001
$69,000
Public Record