551 Raccoon Court, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath

551 Raccoon Court, Lake Arrowhead, California 92352 home-pic-0

551 Raccoon Court

Lake Arrowhead, California 92352

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,590Sq Ft
14,490Lot Size

Property Price

LIST PRICE$699,000
EST. MARKET VALUE
$677,853
3% AboveMARKET VALUE

SUMMARY

Analysis of 551 Raccoon Court, Lake Arrowhead, California 92352 reveals a property with a current list price of $699,000, which is 3% above the estimated $677,853 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

$677,853
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
551 Raccoon Court
Subject
$699,000*
List Price
331,590$426-
A
609 Millburn Road
Sold
$629,500331,696$3710.3 mi
B
217 Crest Circle
Sold
$750,000331,914$3920.4 mi
C
580 Lakewood Road
Sold
$490,000321,060$4620.8 mi
D
224 Crest Circle
Sold
$875,000532,200$3980.4 mi
E
28545 Wabash Drive
Sold
$510,000321,176$4340.9 mi
F
338 Mittry
Active
$549,000
List Price
321,616$3400.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1928, this property has undergone extensive and very recent renovations. The description highlights a 'chef’s kitchen with brand-new, never-used appliances (still in protective wrap) and custom cabinetry,' along with 'updated systems including FAU and a tankless water heater,' a 'new septic system and electrical panel,' and a 'fully renovated detached guest house.' The images confirm these upgrades, showing modern kitchens and bathrooms with new fixtures, appliances, countertops, and flooring. The overall condition, including flooring, paint, and major systems, appears virtually new and meets current quality standards, indicating a full recent renovation.

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 = 14490, living area = 1590.

  • Panoramic Lake Views

    Nearly every room offers sweeping panoramic views of Lake Arrowhead, stretching almost to the marina, significantly enhancing the property's appeal and value.

  • Exclusive Location & Historic Charm

    Nestled in the coveted Crest Estates, a private and rarely available neighborhood, this timeless 1928 mountain lodge blends rich historic character with refined modern upgrades.

CONSRISKS & DEFICIENCIES

  • Lack of Lake Rights

    The property does not currently hold lake rights, which is a significant consideration for buyers seeking direct lake access or privileges in Lake Arrowhead.

  • Price Reductions

    The listing has undergone multiple price reductions from its original list price, which may indicate market resistance or an initial overestimation of value.

  • Modest Primary Living Space

    At 1590 sqft for the main residence, the interior living space might be considered modest by some buyers seeking a larger 'legacy opportunity' in a high-demand, exclusive neighborhood.

About 551 Raccoon Court

Offered for the first time in years, this timeless 1928 mountain lodge is nestled in the coveted enclave of Crest Estates—a private, storybook neighborhood where listings rarely surface. Tucked among towering pines, this home blends rich historic character with refined modern upgrades. The moment you enter, you're greeted by soaring two-story trestle-beamed ceilings and a floor-to-ceiling rough-hewn granite fireplace that anchors the sun-drenched great room. Nearly every room—save the bathrooms—boasts sweeping panoramic views of Lake Arrowhead, stretching almost to the marina. The main level features a chef’s kitchen with brand-new, never-used appliances (still in protective wrap), custom cabinetry, and a statement powder room. A charming mid-stair window seat offers a moment of retreat with breathtaking views of both lake and forest. Upstairs, the primary suite reigns supreme with its own private balcony and open loft-style landing, creating a secluded sanctuary above it all. Downstairs, find a secondary bedroom and utility room with direct access to updated systems including FAU and a tankless water heater—plus space to add a bathroom. To keep things low maintenance, a new septic system and electrical panel round out the system updates. Outside, a fully renovated detached guest house provides studio-style luxury with its own lake views. While this property does not currently hold lake rights, consider pursuing them via an Arrowhead Woods lot purchase. In the meantime, you'll enjoy a setting so private, serene, and visually commanding it barely seems real. This is not just a home—it’s a legacy opportunity. Properties like this whisper through the market. By the time you hear them, they’re already gone.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1928
Lot Size
14,490 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1050.0 / Month

Neighborhood Insights

Lake Arrowhead Unified Schools

Lake Arrowhead Elementary School

Grades PK-5 • 2.3 mi

4/10

Valley Of Enchantment Elementary School

Grades K-5 • 6.3 mi

3/10

Charles Hoffman Elementary School

Grades K-5 • 6.5 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot1,5901,971
27%
Lot Size14,4909,767
89%
Price$699.0K$680.0K
54%
Price per sq ft$440$342
76%
Built year19281977
3%
HOA$1050.0$0
95%
Days on market287238
68%

Pricing History

Listed for Sale

Dec 24, 2025

$699,000

$729,000

-4% Price Drop

Initial Listing

Price Change

Aug 31, 2025

$729,000

Initial Listing

Price Change

May 24, 2025

$749,000

Initial Listing

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