
Lake Arrowhead, California 92352
This Vintage Mountain Lodge presents a High-Potential Investment Opportunity, listed at $450,000—positioned slightly above the $442,216 Fair Market Value. While the property requires modernization, its Fair Condition Rating is balanced by a rare triple-lot footprint and superior parking capacity. The home features authentic 1928 character, including vaulted beamed ceilings and a rock fireplace, offering significant potential for value-add renovations. Located within the Rim of the World School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 563 E Victoria Court Subject | $450,000* List Price | 3 | 2 | 1,663 | $266 | - |
A 717 Oakmont Sold | $419,000 | 4 | 3 | 1,680 | $249 | 0.4 mi |
B 156 Fremont Road Sold | $450,000 | 3 | 3 | 1,780 | $253 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this property is a well-preserved 'vintage' home but is significantly dated. The kitchen and bathrooms feature finishes and appliances, such as the Wedgewood range and plywood cabinetry, that are likely 30-50 years old. While the home is functional and move-in ready with a newer parking deck, the overall interior and systems require modernization to meet current standards, fitting the criteria for a property over 20 years old needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9022, living area = 1663.
Situated on three combined lots totaling over 9,000 sqft, this property offers rare usable yard space and exceptional privacy compared to typical high-density mountain cabins.
The 1928 vintage charm is meticulously preserved through original wood paneling, vaulted beamed ceilings, and a floor-to-ceiling rock fireplace, providing an authentic and character-rich mountain retreat.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1928, the home may require ongoing maintenance or modernization of older systems, and includes an unfinished workshop that requires further investment to be fully utilized.
While the property offers beautiful forest scenery, the lake views are only 'peek-a-boo,' which may not satisfy buyers specifically seeking a primary water-oriented vista.
Glance back to a simpler time with an uncommon sense of privacy in the Arrowhead Villas! Situated on 3 combined lots, there is a generous amount of usable yard space & distance between homes! A vintage, yet bright, lodge style charm with original wood paneling, vaulted beamed ceilings, floor to ceiling rock fireplace with a custom live edge mantel & powerful insert, Wedgewood range in excellent condition, providing for a rich in character mountain retreat. Enter from the lower courtyard into main level large entry, step into the spacious living room hosting picture window views into the forest. Also on this level is the kitchen, dining area, & the shaded back deck. Adjacent to the kitchen is a pantry/storage with access to unfinished workshop (which also has an exterior entrance). Upstairs are 3 bedrooms - a huge bedroom with access to the shared full bath. This level is also accessible from the upper courtyard. There is approximately 3-4 car parking between the fairly new parking deck & a parallel parking space on the street. There are 2 lovely courtyard areas with plenty of room to entertain & relax in the cool of the surrounding cedars, oaks, & dogwoods. The backyard is beautifully landscaped and very lush. There are various peeks of the lake from the property. And... Furniture included! Arrowhead Villas Mutual Services Company is a mutual utility company providing trash & snow removal, road repairs/maintenance, & 200 gallons/day water usage - Annual dues are appx $1200.
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades K-5 • 6.1 mi
Grades K-5 • 6.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,663 | 2,126 |
| Lot Size | 9,022 | 9,850 |
| Price | $450.0K | $669.1K |
| Price per sq ft | $271 | $346 |
| Built year | 1928 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 9 | 92 |
Jul 13, 2026
$450,000
Initial Listing