
Lake Arrowhead, California 92352
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $490,000—positioned well below the $490,770 Fair Market Value by 0.16%. Featuring a Condition Rating of 3, this property includes modern upgrades like a new furnace, EV charging, and a backup generator. With unobstructed mountain views and high short-term rental demand, it offers immediate cash flow potential. This is an ideal acquisition for Buy-and-Hold Investors seeking a turnkey asset or Owner-Occupants desiring a scenic, low-maintenance mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 720 Buckingham Sq Subject 3 bd · 3 ba · 1,616 sqft · $304 | $490,000* List Price | 3 | 3 | 1,616 | $304 | - |
A 707 Virginia Court Sold 3 bd · 2 ba · 1,320 sqft · $284 · 0.2 mi | $375,000 | 3 | 2 | 1,320 | $284 | 0.2 mi |
B 601 Sunderland Court Sold 3 bd · 3 ba · 1,300 sqft · $300 · 0.3 mi | $390,000 | 3 | 3 | 1,300 | $300 | 0.3 mi |
C 579 E Victoria Court Sold 3 bd · 2 ba · 1,331 sqft · $285 · 0.2 mi | $380,000 | 3 | 2 | 1,331 | $285 | 0.2 mi |
D 583 W Victoria Court Sold 3 bd · 2 ba · 1,134 sqft · $375 · 0.2 mi | $425,000 | 3 | 2 | 1,134 | $375 | 0.2 mi |
E 681 Virginia Court Sold 3 bd · 3 ba · 1,158 sqft · $341 · 0.2 mi | $395,000 | 3 | 3 | 1,158 | $341 | 0.2 mi |
F 555 Dover Court Sold 5 bd · 3 ba · 2,158 sqft · $285 · 0.5 mi | $615,000 | 5 | 3 | 2,158 | $285 | 0.5 mi |
G 531 W Victoria Court Active 4 bd · 3 ba · 1,548 sqft · $226 · 0.2 mi | $350,000 List Price | 4 | 3 | 1,548 | $226 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1968, the property is in turnkey condition with significant recent updates. It features a new furnace, new electric panel with EV charging, and a backup generator. The kitchen and bathrooms have been professionally refreshed with modern appliances, stone countertops, and contemporary fixtures, making it move-in ready despite the age of the structure.
The property is fully furnished and professionally designed, offering an immediate 'turnkey' opportunity for investors with a high projected gross short-term rental income of $10,000 during peak months.
Rare for a 1968 build, the home features significant technical upgrades including a new furnace, updated electric panel with EV charging, and a backup generator, reducing immediate maintenance concerns.
The home boasts unobstructed, breathtaking mountain and pine tree views from two separate decks, providing the quintessential Lake Arrowhead aesthetic that commands premium interest.
The reliance on portable air conditioning units rather than a built-in central HVAC cooling system may be a drawback for some buyers during increasingly warm summer months.
At 3,675 square feet, the lot is relatively small for the area, which limits outdoor yard space and may result in closer proximity to neighboring properties.
Fully-furnished, turnkey Lake Arrowhead home in the highly sought-after Arrowhead Villas. Perfect for an investor looking to cash flow immediately, as well as a great weekend getaway. Potential to generate $10,000/in gross short-term rents during peak months! Professionally designed home featuring a New furnace, electric panel + EV charging, portable air conditioning units, and a backup generator! Entering the home, you are immediately greeted with an amazing, seemingly endless, mountain view full of beautiful pine trees and no obstruction. Two decks face out to the majestic scenery, where sunrises and sunsets are absolutely breathtaking! 5 Minutes from Lake Arrowhead Village, SkyPark at Santa’s Village, and a short drive to Snow Valley Ski Resort! Don’t miss out on this incredible opportunity! You must see this property to truly appreciate its beauty!
No exterior & parking available.
Grades PK-5 • 2.4 mi
Grades K-5 • 6.1 mi
Grades K-5 • 6.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,616 | 1,979.061 |
| Lot Size | 3,675 | 10,277.399 |
| Price | $490.0K | $643.6K |
| Price per sq ft | $303 | $338 |
| Built year | 1968 | 1978 |
| HOA | $61.25 | $614 |
| Days on market | 16 | 91 |
Oct 9, 2026
$490,000
Initial Listing
Oct 25, 2022
$630,000
Public Record
May 27, 2022
$470,000
Public Record
Jan 29, 2018
$286,500
Public Record
Dec 13, 2007
$298,000
Public Record
Apr 12, 2000
$122,000
Public Record
May 24, 1996
$98,500
Public Record