717 Oakmont, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath
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Lake Arrowhead, California 92352
This Versatile Mountain Retreat is a Strong Value Opportunity, listed at $419,000—positioned well below the $456,519 Fair Market Value by 8%. This valuation gap provides $37,519 in Instant Equity. Maintaining a Move-in Ready Condition Rating, the home features a newer roof (2020), updated windows, and a separate lower-level guest suite with a private entrance. Situated on a double lot with rare 4-car parking and peek-a-boo lake views, it offers significant rental upside in the Rim of the World district. This is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 717 Oakmont Subject | $419,000* List Price | 4 | 3 | 1,680 | $272 | - |
A 156 Fremont Road Sold | $450,000 | 3 | 3 | 1,780 | $253 | 0.8 mi |
B 533 W Victoria Court Sold | $380,000 | 3 | 2 | 1,584 | $240 | 0.5 mi |
C 761 W Victoria Court Active | $465,000 List Price | 3 | 2 | 1,568 | $297 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant recent capital improvements, including a newer roof (2020), updated windows, and hardwood flooring (2017). While the kitchen and interior styling (mirrored walls, tile countertops) are dated and reflect the 1970s build, the home shows no signs of deferred maintenance and has been functional as a successful short-term rental.
The home features a flexible 4-bedroom layout, including a separate lower-level guest suite with a private entrance and laundry, making it ideal for multi-generational living or maximizing short-term rental income.
Recent improvements including a newer roof (2020), updated windows, and hardwood flooring (2017) provide immediate value and reduce the need for near-term maintenance expenditures.
Situated on a spacious 0.15-acre double lot, the property offers rare parking for up to 4 vehicles and enhanced privacy, which are highly sought-after features in the Arrowhead Villas area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The property does not include lake rights, which prevents owners from accessing private Lake Arrowhead amenities such as beaches and boat slips, potentially limiting its appeal to certain buyers.
The lake views are characterized as 'peek-a-boo,' suggesting that the water vista is obstructed or minimal rather than a clear, panoramic view of the lake.
Hot New Lake View Retreat – Priced to Sell & Won’t Last Long! Nestled in the desirable Arrowhead Villas, this charming mountain retreat offers peek-a-boo lake views, towering pine trees, and unforgettable sunset skies. While the property does not include lake rights, the tranquil setting and breathtaking natural surroundings more than make up for it. Enjoy mountain living at its finest from three decks, perfect for relaxing or entertaining while immersed in the peaceful forest atmosphere. A rare find in the area, the home also features ample parking for 2–4 vehicles with convenient access—an incredible bonus for mountain properties. Situated on a large double lot totaling approximately 6,399 sq ft (0.15 acres), this property provides added privacy and space. Inside, the home offers 4 bedrooms and 3 bathrooms with a flexible layout ideal for full-time living, vacation use, or income potential. Recent upgrades include hardwood flooring installed in 2017, a newer roof completed in 2020, updated windows, and proactive deck maintenance. Step through the front door into an inviting open-concept living room anchored by a grand stone fireplace—perfect for cozy mountain evenings. Mirrored accent walls enhance the space by reflecting natural light and creating a bright, more expansive feel. The dining area and kitchen are filled with natural light and surrounded by windows that frame beautiful forest views. The main level includes a bedroom and bathroom, ideal for guests or easy accessibility. Downstairs, you’ll find the primary suite with a shared large bath and 3rd bedroom, plus a separate lower-level space designed as a private guest or mother-in-law suite. This area includes a large bedroom, bathroom, laundry closet, and its own private entrance—perfect for multi-generational living or rental flexibility. Outside, the home is surrounded by dogwood trees and serene forest landscape, creating a true mountain escape. Previously a successful Airbnb, this property offers excellent potential for short-term rental income or continued use as a private getaway. Don’t miss your chance to own this hidden gem in the mountains—schedule your showing today!
No exterior & parking available.
Grades PK-5 • 2.3 mi
Grades K-5 • 5.7 mi
Grades K-5 • 7.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,680 | 1,952.5 | 33% |
| Lot Size | 6,399 | 9,785 | 17% |
| Price | $419.0K | $687.5K | 10% |
| Price per sq ft | $249 | $346 | 7% |
| Built year | 1976 | 1978 | 45% |
| HOA | $63.0 | $0 | 84% |
| Days on market | 7 | 228 | 1% |
Apr 15, 2026
$419,000
Initial Listing
Apr 17, 2008
$274,000
Public Record
May 29, 2003
$190,000
Public Record