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

551 Raccoon Court
Lake Arrowhead, California 92352
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 551 Raccoon Court Subject | $699,000* List Price | 3 | 3 | 1,590 | $426 | - |
A 609 Millburn Road Sold | $629,500 | 3 | 3 | 1,696 | $371 | 0.3 mi |
B 217 Crest Circle Sold | $750,000 | 3 | 3 | 1,914 | $392 | 0.4 mi |
C 580 Lakewood Road Sold | $490,000 | 3 | 2 | 1,060 | $462 | 0.8 mi |
D 224 Crest Circle Sold | $875,000 | 5 | 3 | 2,200 | $398 | 0.4 mi |
E 28545 Wabash Drive Sold | $510,000 | 3 | 2 | 1,176 | $434 | 0.9 mi |
F 338 Mittry Active | $549,000 List Price | 3 | 2 | 1,616 | $340 | 0.5 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 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
Valley Of Enchantment Elementary School
Grades K-5 • 6.3 mi
Charles Hoffman Elementary School
Grades K-5 • 6.5 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 | 1,590 | 1,971 | 27% |
| Lot Size | 14,490 | 9,767 | 89% |
| Price | $699.0K | $680.0K | 54% |
| Price per sq ft | $440 | $342 | 76% |
| Built year | 1928 | 1977 | 3% |
| HOA | $1050.0 | $0 | 95% |
| Days on market | 287 | 238 | 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










































