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

551 Raccoon Court, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$729,000
551 Raccoon Court, Lake Arrowhead, California 92352
3Beds
3Baths
1,590Sqft
14,490Lot

Price Vs. Estimate

The estimated value ($692,029.2) is $36,970.8 (5%) lower than the list price ($729,000). This property may be overpriced.

Key pros and cons

Top Pros:
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.
Top Cons:
Absence of Lake Rights: The property does not currently hold lake rights, which is a significant amenity for Lake Arrowhead properties and would require additional investment to acquire.

Compared to the nearby listings

Price:$729.0K vs avg $675.0K (+$54,000)57%
Size:1,590 sqft vs avg 1,933 sqft26%
Price/sqft:$458 vs avg $35177%

More Insights

Built in 1928 (97 years old).
Condition: Despite being built in 1928, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description highlights 'refined modern upgrades,' a 'chef’s kitchen with brand-new, never-used appliances' and 'custom cabinetry,' which is confirmed by the images showing a stylish, modern kitchen with high-end finishes. Bathrooms also appear recently updated with contemporary fixtures and tiling. Key system updates include a new septic system, electrical panel, FAU, and tankless water heater. The detached guest house is also 'fully renovated.' While retaining its historic charm, the property functions as a virtually new home with no deferred maintenance.
Year Built
1928
Close
-
List price
$729K
Original List price
$749K
Price/Sqft
$458
HOA
$1,050
Days on market
-
Sold On
-
MLS number
IG25114482
Home ConditionExcellent
Features
Excellent View: Lake, Panoramic, Trees/Woods
Deck
ViewLake, Panoramic, Trees/Woods

About this home

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.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-52.3mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.3mi
4/10
Charles Hoffman Elementary School
Public,K-56.5mi
/10
Rim Virtual
Public,K-80.7mi
5/10
Mary P. Henck Intermediate School
Public,6-81.7mi
6/10
Rim Of The World Senior High School
Public,9-121.1mi
Condition Rating
Excellent

Despite being built in 1928, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description highlights 'refined modern upgrades,' a 'chef’s kitchen with brand-new, never-used appliances' and 'custom cabinetry,' which is confirmed by the images showing a stylish, modern kitchen with high-end finishes. Bathrooms also appear recently updated with contemporary fixtures and tiling. Key system updates include a new septic system, electrical panel, FAU, and tankless water heater. The detached guest house is also 'fully renovated.' While retaining its historic charm, the property functions as a virtually new home with no deferred maintenance.
Pros & Cons

Pros

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.
Exclusive & Rare Location: Nestled in the coveted Crest Estates, a private neighborhood where listings rarely surface, offering a unique and desirable setting.
Sweeping Panoramic Lake Views: Nearly every room boasts breathtaking panoramic views of Lake Arrowhead, enhancing the property's aesthetic and value.
Extensive Modern Upgrades: Features a chef’s kitchen with brand-new appliances, custom cabinetry, updated FAU, tankless water heater, new septic system, and electrical panel.
Historic Charm & Architectural Details: A timeless 1928 mountain lodge boasting rich historic character, soaring two-story trestle-beamed ceilings, and a floor-to-ceiling granite fireplace.
Detached Guest House: Includes a fully renovated detached studio-style guest house with its own lake views, offering versatility and additional living space.

Cons

Absence of Lake Rights: The property does not currently hold lake rights, which is a significant amenity for Lake Arrowhead properties and would require additional investment to acquire.
No Central Air Conditioning: The description mentions FAU (heating) but no cooling system, which could be a comfort concern during warmer months.
Unfinished Bathroom Potential: While there's 'space to add a bathroom' downstairs, this implies an additional project and cost for the buyer to fully utilize that area.

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