
Lake Arrowhead, California 92352
Analysis of 748 Shelter Cove, Lake Arrowhead, California 92352 is currently available with a list price of $7,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite being built in 1981, this property has undergone a comprehensive and recent luxury renovation, as explicitly stated in the description ('fully updated lakefront estate') and evident in the images. The kitchens and bathrooms feature modern, high-end finishes, new stainless steel appliances, contemporary cabinetry, and stylish fixtures. Flooring, lighting, and overall aesthetics are current and in pristine condition. The integration of a Control4 smart system and a state-of-the-art luxury dock further underscore the extensive updates, making the property virtually new in its current quality and condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 63000, living area = 5698.
This property is a rare lakefront masterpiece in exclusive Shelter Cove, perched atop Eagle Point with sweeping 180° easterly views of the lake, hills, mountains, and trees, offering unparalleled natural beauty.
The estate is fully updated, blending timeless elegance with modern luxury, featuring high-end finishes like Taj Mahal leathered stone surfaces and a sophisticated Control4 smart system for effortless living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5698, other record living area = 3144. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
Despite being fully updated, the main structure was built in 1981, which might raise questions for some luxury buyers regarding the age of underlying infrastructure not explicitly mentioned as updated.
The $7,000,000 list price positions this property in a highly exclusive segment, significantly narrowing the potential buyer pool and potentially leading to a longer market time.
A Rare Lakefront Masterpiece in Exclusive Shelter Cove Perched atop Eagle Point with sweeping 180° easterly views, this fully updated lakefront estate captures the very essence of Lake Arrowhead living. From sunrise over calm waters to eagles hunting fresh trout below, nature’s beauty becomes an extension of your home. A gated drive leads to a meticulously appointed main home and guest house, each blending timeless elegance with modern luxury. Inside, Taj Mahal leathered stone surfaces, warm brick fireplaces, and a Control4 smart system create effortless sophistication. The gourmet kitchen flows seamlessly to open living spaces, while the game room and wet bar invite joyful gatherings. The primary suite offers a private deck, steam shower, and fireplace retreat. Dual laundry rooms, a four-car garage, and landscaped grounds with in-ground trampoline ensure every comfort. At the shoreline, a luxury dock awaits—steel infrastructure, aluminum roof, composite decking, a full dock house with refrigerator, and water slide—crafted for endless summer memories. A true family treasure in Shelter Cove—tastefully appointed, remarkably rare, and smoother than a Hallmark movie in late October.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades K-5 • 6.5 mi
Grades K-5 • 7.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 5,698 | 1,964 | 99% |
| Lot Size | 63,000 | 9,857 | 98% |
| Price | $7.00M | $692.5K | 99% |
| Price per sq ft | $1.2K | $348 | 99% |
| Built year | 1981 | 1978 | 61% |
| HOA | $1025.0 | $0 | 94% |
| Days on market | 96 | 226 | 13% |
Jan 16, 2026
$7,000,000
Initial Listing