
Lake Arrowhead, California 92352
This Strong Value Opportunity is a turnkey mountain retreat listed at $669,900, positioned well below the $716,781 Fair Market Value by 6%. This valuation gap provides $46,881 in Instant Equity. Featuring a 2026 roof, smart-home integration, and a remodeled studio, the property maintains a Condition Rating of 2. With established Airbnb operations and grade-level parking, this asset is perfectly suited for Buy-and-Hold Investors seeking immediate revenue or Owner-Occupants desiring a move-in ready mountain lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 Community Subject | $614,900* List Price | 4 | 3 | 1,798 | $342 | - |
A 27820 Rainbow Drive Sold | $630,000 | 3 | 2 | 1,523 | $414 | 0.7 mi |
B 305 Summit Road Sold | $535,000 | 3 | 2 | 1,389 | $385 | 0.8 mi |
C 582 Kuffel Canyon Road Active | $550,000 List Price | 3 | 2 | 1,484 | $371 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1935 home has undergone a complete high-end renovation within the last few years, making it a turnkey property. It features a brand new roof (2026), a fully updated kitchen with stainless steel appliances and butcher block countertops, remodeled bathrooms, and modern systems including dual-pane Milgard windows and smart-home integration.
The property is a fully furnished, renovated, and successful Airbnb with established management and cleaning services in place, offering an immediate revenue stream for investors.
Boasts significant high-end improvements including a brand-new roof with a 10-year warranty, a detached remodeled studio with bi-fold doors, and full smart-home integration.
Features rare grade-level parking for four vehicles and benefits from the Arrowhead Villas mutual system, which provides priority snow removal and comprehensive road maintenance.
Originally built in 1935, the home may present the structural quirks, smaller secondary spaces, or ongoing maintenance needs inherent to a century-old mountain property.
The assigned elementary schools have relatively low ratings (3 and 4), which could be a drawback for families looking to use the property as a primary residence.
Nestled in the historic Arrowhead Villas area of Lake Arrowhead, this 1,789-square-foot, fully furnished and renovated mountain home is the ultimate turnkey family retreat. Designed for peaceful mountain living and multi-generational comfort, the residence features 4 bedrooms and 2.5 baths across three thoughtfully laid out levels, plus a detached, fully remodeled Studio/Loft with a modern bi-fold door—ideal for a private home office, creative space, or guest suite. Situated across 2 spacious lots, the property boasts grade-level parking for up to 4 vehicles and plenty of room to explore, complete with fresh apples and blackberries growing right on the lot. The main level welcomes you with an inviting living and dining area, a main-floor bedroom, a full bath, and an updated kitchen complete with butcher block countertops and stainless-steel appliances. Upstairs offers two additional cozy bedrooms and a remodeled half bath, while the lower level features a large bedroom, full bath, laundry room, and generous storage. High-end upgrades and peace of mind flow throughout, including a BRAND-NEW ROOF (June 2026) with a 10-year transferable warranty, a 1300W portable power generator, dual-pane Milgard windows, solid-core doors, a spacious redwood deck, and full smart-home integration (Nest cameras, video doorbell, smart thermostat, and surround sound). While perfectly suited as a move-in ready personal sanctuary, the home comes fully equipped with optional established management and cleaning services in place if you wish to host short-term guests. Arrowhead Villas features its own mutual water system (approx. $80/month paid quarterly), which covers water, snow removal (one of the first streets plowed), trash, and road maintenance. Located just minutes from the lake, shops, and local dining—don't miss this Lake Arrowhead gem!
No exterior & parking available.
Grades PK-5 • 2.3 mi
Grades K-5 • 5.9 mi
Grades K-5 • 6.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,798 | 2,015.827 |
| Lot Size | 6,000 | 10,163.827 |
| Price | $614.9K | $655.9K |
| Price per sq ft | $342 | $341 |
| Built year | 1935 | 1980 |
| HOA | $0 | $544 |
| Days on market | 75 | 78 |
Sep 4, 2026
$614,900
$629,900
-2% Price Drop
Initial Listing
Aug 15, 2026
$629,900
$649,900
-3% Price Drop
Initial Listing
Jul 25, 2026
$649,900
$669,900
-3% Price Drop
Initial Listing
Jun 26, 2026
$669,900
Initial Listing
Sep 7, 2022
$674,000
Public Record
Feb 26, 2021
$345,000
Public Record
Jan 3, 2007
$215,000
Public Record
May 21, 1999
$82,000
Public Record