615 Wellesley, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
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Lake Arrowhead, California 92352
Analysis of 615 Wellesley, Lake Arrowhead, California 92352 is currently available with a list price of $449,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Property is move-in ready.
While built in 1983, the property has undergone significant interior renovations within the last 5-15 years. The kitchen is upgraded with modern stainless steel appliances and stone countertops, and the bathrooms feature updated vanities and fixtures. The home is well-maintained, functional, and move-in ready.
The property offers breathtaking lake and mountain vistas and includes an adjoining vacant lot, providing a rare level of privacy and protected views in the Arrowhead Villas area.
The interior features a desirable blend of mountain charm and modern updates, highlighted by magnificent open beam ceilings and a fully upgraded kitchen with stainless steel appliances.
A dedicated lower-level buildout serves as a versatile workshop or expansive storage area, adding significant utility and value for full-time residents or hobbyists.
The property has undergone multiple price reductions since its initial listing, which may suggest a disconnect between the original asking price and current market demand.
Despite the inclusion of an extra lot, the primary parcel is relatively small at 2,625 sqft, which may limit flat, usable outdoor space typical of the steep topography in this subdivision.
Stunning Mountain Cabin Retreat! Escape to your dream home in the heart of the mountains. This beautiful home comes with the adjoining vacant lot to ensure your privacy. This beautifully decorated cabin offers a perfect blend of rustic charm and modern amenities, making it an ideal getaway or permanent residence. This spacious home offers 1400 sq ft of cozy living space designed for comfort and relaxation. **Breathtaking Views** Enjoy miles of stunning vistas and a lake view right from your very own patio, surrounded by nature's beauty. Experience the warmth of wood throughout the cabin, featuring a magnificent open beam ceiling that adds character and charm. Cook and entertain with ease in your upgraded kitchen with stainless steel appliances and ample storage space. Stay comfortable year round with ceiling fans throughout. **Nature Lover's Paradise** Perfect for bird watching and enjoying the serene surroundings, with plenty of trees and wildlife. The lowest level has a wonderful buildout that can be used as a workshop or for additional storage. Private parking to be enjoyed by you and your guests. Don't miss this opportunity to own a slice of paradise. Whether you're looking for a personal retreat or a rental investment this cabin has it all.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,400 | 1,952.5 | 18% |
| Lot Size | 2,625 | 9,805 | 2% |
| Price | $449.9K | $690.0K | 15% |
| Price per sq ft | $321 | $346 | 39% |
| Built year | 1983 | 1978 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 226 | 46% |
Apr 21, 2026
$449,900
$474,900
-5% Price Drop
Initial Listing
Jan 27, 2026
$474,900
$495,000
-4% Price Drop
Initial Listing
Sep 19, 2025
$495,000
Initial Listing