556 Pioneer, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 2 bath
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Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $595,000—positioned slightly above the $588,803 Fair Market Value. While the home requires cosmetic updates, its Fair Condition Rating is offset by rare Level Entry Access and Full Lake Rights in the prestigious Arrowhead Woods. The versatile floor plan and expansive deck offer significant value-add potential for those looking to modernize the 1966 infrastructure. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat with immediate equity-building potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 556 Pioneer Subject | $595,000* List Price | 4 | 2 | 2,391 | $246 | - |
A 1268 Aleutian Drive Sold | $470,000 | 4 | 2 | 2,119 | $222 | 0.9 mi |
B 195 Birchwood Drive Sold | $637,500 | 3 | 4 | 2,108 | $302 | 0.6 mi |
C 325 Brentwood Sold | $595,000 | 3 | 3 | 2,290 | $260 | 0.9 mi |
D 26822 Huron Sold | $490,000 | 3 | 4 | 1,852 | $265 | 0.8 mi |
E 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.8 mi |
F 27495 Cedarwood Sold | $510,000 | 4 | 3 | 1,926 | $265 | 0.6 mi |
G 27486 Oakwood Sold | $495,000 | 4 | 3 | 1,725 | $287 | 0.5 mi |
H 27618 W Shore Road Sold | $680,000 | 3 | 3 | 2,242 | $303 | 0.8 mi |
I 27392 Peninsula Drive Active | $684,000 List Price | 3 | 3 | 2,262 | $302 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this home is functional but significantly dated. The kitchen and bathrooms appear to have been last updated 30+ years ago with 1980s-era appliances and tile. While the listing mentions 'great bones,' the extensive wood paneling, older carpeting, and weathered deck indicate a need for cosmetic and system updates to meet modern standards.
The owner's preference to carry the note offers a rare and flexible financing advantage, making this property highly attractive in a challenging interest rate environment.
Featuring a rare level entry and extensive parking via a circular driveway plus a secondary garage drive, this home provides ease of access seldom found in mountain terrain.
Situated in the prestigious Arrowhead Woods with full Lake Rights, the property is ideally positioned between the Country Club and the lake for optimal recreation and lifestyle.
The property is noted as needing personal updates, suggesting that the interior is likely dated and will require additional capital investment for modernizing.
Built in 1966, the home may have aging mechanical or structural systems that could necessitate near-term maintenance or upgrades to meet current standards.
Amazing Opportunity. Owner prefers to carry or Lease Purchase Option! Welcome to 556 Pioneer Rd. in Lake Arrowhead! This charming Lake Rights home is ideally located between the Lake Arrowhead Country Club and the lake, offering the perfect combination of convenience, recreation, and mountain living. Designed with easy access in mind, the home features level entry into the main floor, where you'll find the kitchen, dining area, and a spacious living room with vaulted ceilings that create an open and inviting atmosphere. The main level also includes a bedroom, a ¾ bath, and a convenient laundry room. Upstairs are two generously sized bedrooms and a full bathroom, while the lower level offers a versatile fourth bedroom or den with direct access to the backyard and attached garage—ideal for guests, a home office, or additional living space. Parking is abundant with a circular driveway at the front of the home, plus a second driveway leading to the garage, providing ample room for multiple vehicles. Step outside to the expansive L-shaped deck, perfect for relaxing, entertaining, or enjoying the peaceful mountain surroundings. Offering great bones and ready for your personal updates, this well-priced home presents an excellent opportunity to create your ideal mountain retreat. Just minutes from the lake, Lake Arrowhead Village, shopping, dining, and the Country Club, this is a fantastic opportunity to enjoy the best of Lake Arrowhead living.
No exterior & parking available.
Grades PK-5 • 2.0 mi
Grades K-5 • 5.5 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,391 | 2,126 |
| Lot Size | 9,050 | 9,850 |
| Price | $595.0K | $669.1K |
| Price per sq ft | $249 | $346 |
| Built year | 1966 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 8 | 92 |
Jul 14, 2026
$595,000
Initial Listing
Sep 14, 2018
$350,000
Public Record