
Lake Arrowhead, California 92352
This Vintage Mountain Retreat represents a Strong Value Opportunity, listed at $375,000—positioned well below the $370,389 Fair Market Value (Note: Market is currently stable). Featuring 3 combined lots, vaulted beamed ceilings, and a new parking deck, the property offers significant privacy and character. While the home maintains a Condition Rating of 4, recent electrical upgrades provide a solid foundation for modernization. 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 unique, customizable mountain escape.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 563 E Victoria Court Subject 3 bd · 2 ba · 1,663 sqft · $223 | $375,000* List Price | 3 | 2 | 1,663 | $223 | - |
A 717 Oakmont Sold 4 bd · 3 ba · 1,680 sqft · $249 · 0.4 mi | $419,000 | 4 | 3 | 1,680 | $249 | 0.4 mi |
B 27961 Rainbow Dr. Sold 4 bd · 4 ba · 2,160 sqft · $197 · 0.3 mi | $425,000 | 4 | 4 | 2,160 | $197 | 0.3 mi |
C 320 Flower Drive Active 3 bd · 2 ba · 1,420 sqft · $282 · 0.3 mi | $400,000 List Price | 3 | 2 | 1,420 | $282 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this property is well-maintained but significantly dated. While the electrical systems and parking deck were upgraded within the last 3 years and the roof is mid-life (2006), the kitchen and bathrooms feature vintage finishes and appliances that are likely over 30 years old, requiring modernization to meet current standards.
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, providing a significant buffer from neighboring homes in the Arrowhead Villas.
Built in 1928, the home retains its original lodge-style charm with vaulted beamed ceilings, a floor-to-ceiling rock fireplace, and a classic Wedgewood range, all complemented by recent electrical upgrades and a new parking deck.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
While the roof is a 40-year model, it was installed in 2006, and the 1920s construction coupled with an unfinished workshop may require ongoing maintenance or modernization to meet contemporary standards.
The property has been on the market for nearly 90 days with multiple price adjustments, suggesting that the initial pricing did not align with market expectations or that the specific vintage layout has limited its buyer pool.
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! Exterior Paint, upgraded electrical and new parking deck with in the past 3 years. Roof is a 40 year roof installed in 2006. 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 | 3.4 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,663 | 1,979.061 |
| Lot Size | 9,022 | 10,277.399 |
| Price | $375.0K | $643.6K |
| Price per sq ft | $225 | $338 |
| Built year | 1928 | 1978 |
| HOA | $0 | $614 |
| Days on market | 103 | 91 |
Oct 10, 2026
$375,000
$415,000
-10% Price Drop
Initial Listing
Aug 8, 2026
$415,000
$425,000
-2% Price Drop
Initial Listing
Aug 5, 2026
$425,000
$450,000
-6% Price Drop
Initial Listing
Jul 13, 2026
$450,000
Initial Listing