
Lake Arrowhead, California 92352
This Versatile Mountain Residence represents a High-Potential Investment Opportunity, listed at $409,998—positioned well above the $401,879 Fair Market Value by -2%. While priced slightly above market, the property’s Dual-Level Layout and Separate Entrance provide significant income-generating potential. With a Condition Rating of 4, the home is move-in ready but offers room for cosmetic modernization. Featuring Forest and Mountain Views and a Spacious Deck, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 761 W Victoria Court Subject 3 bd · 2 ba · 1,568 sqft · $256 | $409,998* List Price | 3 | 2 | 1,568 | $256 | - |
A 707 Virginia Court Sold 3 bd · 2 ba · 1,320 sqft · $284 · 0.1 mi | $375,000 | 3 | 2 | 1,320 | $284 | 0.1 mi |
B 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 |
C 535 Sunderland Court Sold 3 bd · 2 ba · 1,024 sqft · $328 · 0.4 mi | $336,000 | 3 | 2 | 1,024 | $328 | 0.4 mi |
D 717 Oakmont Sold 4 bd · 3 ba · 1,680 sqft · $249 · 0.4 mi | $419,000 | 4 | 3 | 1,680 | $249 | 0.4 mi |
E 848 Oakmont Active 3 bd · 2 ba · 1,212 sqft · $305 · 0.2 mi | $369,500 List Price | 3 | 2 | 1,212 | $305 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this 48-year-old mountain home is well-maintained and move-in ready, but remains structurally and aesthetically dated. The living areas feature original wood paneling, and the bathroom retains older tile countertops and a vintage tub setup, despite receiving minor cosmetic updates like a modern mirror and light fixtures.
The dual-level layout with a separate lower entrance offers excellent potential for multi-generational living, guest privacy, or an income-generating vacation rental.
Situated just minutes from Lake Arrowhead Village and SkyPark, the property provides easy access to local attractions while maintaining a peaceful forest setting.
A plexiglass-enclosed main entry ensures convenient access during snowy months, providing a significant practical advantage for high-altitude mountain living.
Built in 1978, the home may require modern updates or specialized maintenance common to older mountain properties to improve energy efficiency and aesthetics.
Local elementary schools carry lower ratings (3-4), which could be a consideration for buyers prioritizing top-tier educational districts for a primary residence.
Mountain Retreat in a Prime Location! Just minutes from Lake Arrowhead Village and SkyPark at Santa’s Village, and only 90 minutes from Los Angeles and Orange County, this 3-bedroom, 2-bath home puts you close to everything while still giving you that peaceful mountain feel. The layout is especially practical, with two bedrooms and one full bath upstairs, plus one bedroom and one full bath downstairs. The lower level has its own entrance, making it ideal for guests, multi-generational living, or potential duplex use. There are fireplaces on both levels, adding to the mountain atmosphere year-round. Upstairs, large sliding doors open to a spacious deck where you can take in the forest views, mountain air, and distant city lights. After a day of hiking, skiing, or lake activities, this is the spot to kick back. Downstairs, a pool table gives you even more room to hang out and entertain. The main entry is also protected by a plexiglass enclosure, making winter access more convenient without compromising the view. Whether you're looking for a private mountain getaway, an income-producing vacation rental, or a bit of both, this property is ready to deliver.
No exterior & parking available.
Grades PK-5 • 2.4 mi
Grades K-5 • 6.0 mi
Grades K-5 • 6.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,568 | 1,979.061 |
| Lot Size | 4,700 | 10,277.399 |
| Price | $410.0K | $643.6K |
| Price per sq ft | $261 | $338 |
| Built year | 1978 | 1978 |
| HOA | $0 | $614 |
| Days on market | 37 | 91 |
Sep 17, 2026
$409,998
Initial Listing
Aug 4, 2023
$407,000
Public Record
Dec 30, 2019
$299,000
Public Record
Mar 21, 2014
$210,000
Public Record
Jul 31, 2008
$255,000
Public Record
May 24, 2005
$239,000
Public Record
Jun 29, 2004
$185,000
Public Record