707 Virginia Court, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
707 Virginia Court
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 707 Virginia Court, Lake Arrowhead, California 92352 reveals a Prime Investment Opportunity with a current list price of $425,000—significantly undercutting the $439,281 Fair Market Value by 3%. This valuation gap indicates a +$14,281 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 707 Virginia Court Subject | $425,000* List Price | 3 | 2 | 1,320 | $333 | - |
A 675 Pinnacle Sold | $434,000 | 3 | 2 | 1,104 | $393 | 0.1 mi |
B 501 Wellsley Drive Sold | $453,000 | 3 | 2 | 1,824 | $248 | 0.3 mi |
C 804 Oakmont Sold | $335,000 | 2 | 2 | 1,310 | $256 | 0.3 mi |
D 533 W Victoria Court Sold | $380,000 | 3 | 2 | 1,584 | $240 | 0.3 mi |
E 699 Pinnacle Drive Sold | $400,000 | 3 | 2 | 1,256 | $318 | 0.1 mi |
F 323 Mittry Lane Sold | $489,000 | 3 | 2 | 1,254 | $390 | 0.5 mi |
G 761 W Victoria Court Active | $465,000 List Price | 3 | 2 | 1,568 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant recent mechanical and aesthetic updates. Key improvements include a brand-new A/C, heater, and water heater, along with new interior/exterior paint and flooring. The kitchen has been modernized with stainless steel appliances and stone countertops, and the bathrooms feature updated vanities. While the structure dates to 1991, the high level of maintenance and recent system replacements exceed the standards for its age.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Accessibility & Parking
The property features a rare level entry and off-street parking for 3-4 cars on a paved, snow-plowed road, providing significant convenience and safety during winter months.
- Modern Mechanical Upgrades
Equipped with a brand-new A/C unit, heater, and water heater, this home offers immediate peace of mind and reduced maintenance costs for the incoming owner.
- Prime Commuter Location
Ideally situated near Highway 18, the home offers easy mountain access and egress, making it an excellent choice for full-time commuters or weekend visitors.
CONSRISKS & DEFICIENCIES
- Modest Interior Scale
At 1,320 square feet for a three-bedroom layout, the individual room sizes and common areas may feel somewhat compact for larger families or entertaining.
- Ongoing Association Costs
The $300 association fee adds to the monthly carrying costs, which may be a consideration for buyers comparing this to non-HOA mountain properties.
About 707 Virginia Court
Pristine and charming Lake Arrowhead home featuring: level entry, one bedroom and a full bath on the main level, new A/C, heater and water heater, large corner lot on two lots, off-street parking for 3-4 cars, open floorplan, beautiful stone fireplace in the living room, vaulted-beamed ceilings, large laundry room with tons of storage, gated front deck and back deck with tree and mountain views great for entertaining, many updates throughout including flooring, exterior and interior paint, and so much more! A great commuter location, super close to Hwy 18, for ease of heading down the mountain or on up to the ski resorts. Plus, it is on a paved and maintained (snow plowed) road. With many lakes and hiking trails nearby and just minutes to restaurants and shopping and the many fun things that the area has to offer, this wonderful home is the perfect mountain retreat!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 4,400 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,320 | 1,971 | 18% |
| Lot Size | 4,400 | 9,752 | 9% |
| Price | $425.0K | $677.5K | 12% |
| Price per sq ft | $322 | $341 | 42% |
| Built year | 1991 | 1977 | 76% |
| HOA | $300.0 | $0 | 92% |
| Days on market | 52 | 236 | 1% |
Pricing History
Listed for Sale
Feb 7, 2026
$425,000
$455,000
-7% Price Drop
Initial Listing
Price Change
Jan 14, 2026
$455,000
Initial Listing