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783 Crown Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 4 bath

783 Crown Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$897,000
783 Crown Drive, Lake Arrowhead, California 92352
5Beds
4Baths
3,660Sqft
8,975Lot

Price Vs. Estimate

The estimated value ($883,240.545) is $13,759.455 (1%) lower than the list price ($897,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Lake Arrowhead Access: The property includes highly coveted lake rights and is conveniently located just minutes from The Village, offering excellent recreational and amenity access.
Top Cons:
Pricing Strategy & Perception: The listing's opening statement ('Have we priced this too low, that buyers think there must be something wrong?') indicates a potential challenge in buyer perception regarding the current price.

Compared to the nearby listings

Price:$897.0K vs avg $675.0K (+$222,000)74%
Size:3,660 sqft vs avg 1,948 sqft90%
Price/sqft:$245 vs avg $35010%

More Insights

Built in 1992 (33 years old).
Condition: Built in 1992, this property has been extensively remodeled, as stated in the description, and presents as move-in ready. The bathrooms appear recently updated with modern tiling, vanities, and fixtures, contributing significantly to its overall quality. The kitchen features well-maintained wood cabinetry, granite countertops, and hardwood flooring. While the kitchen appliances (white refrigerator, black built-in oven/microwave, and dishwasher) appear older and are not stainless steel, they are functional and do not detract significantly from the otherwise updated feel. The rest of the home is meticulously maintained with a consistent lodge aesthetic, clean carpets, and updated lighting. The property meets the criteria for 'Good' as it is well-maintained, functional, and has undergone significant updates, even if some components like kitchen appliances are not brand new.
Year Built
1992
Close
-
List price
$897K
Original List price
$945K
Price/Sqft
$245
HOA
-
Days on market
-
Sold On
-
MLS number
219127626DA
Home ConditionGood
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

Have we priced this too low, that buyers think there must be something wrong? Move-in ready! Experience the ultimate in mountain living with this stunning, remodeled Lake Arrowhead home. Designed with quality craftsmanship and a sophisticated aesthetic, this lodge-style retreat blends luxury, comfort, and breathtaking surroundings.This five-bedroom, four-bath home includes a grand bunk room, comes fully furnished, and offers coveted lake rights. The level entry leads to an oversized two-car garage and spacious driveway. Inside, soaring vaulted ceilings and an open-concept great room feature a river rock fireplace, chef's kitchen, and dining area with seating for ten. A large Trex deck extends the living space outdoors.The main level includes a bedroom with deck access and a full bath. Downstairs, two family rooms, a luxurious primary suite with a fireplace, and additional bedrooms provide ample space. Expansive decks, a fire suppression system, and a dog run add convenience. Minutes from The Village, this former celebrity-owned home offers the perfect Lake Arrowhead escape.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.8mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•5.7mi
4/10
Charles Hoffman Elementary School
Public,•K-5•7.8mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•0.2mi
/10
Rim Virtual
Public,•K-8•1.1mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.2mi
Condition Rating
Good
Built in 1992, this property has been extensively remodeled, as stated in the description, and presents as move-in ready. The bathrooms appear recently updated with modern tiling, vanities, and fixtures, contributing significantly to its overall quality. The kitchen features well-maintained wood cabinetry, granite countertops, and hardwood flooring. While the kitchen appliances (white refrigerator, black built-in oven/microwave, and dishwasher) appear older and are not stainless steel, they are functional and do not detract significantly from the otherwise updated feel. The rest of the home is meticulously maintained with a consistent lodge aesthetic, clean carpets, and updated lighting. The property meets the criteria for 'Good' as it is well-maintained, functional, and has undergone significant updates, even if some components like kitchen appliances are not brand new.
Pros & Cons

Pros

Prime Lake Arrowhead Access: The property includes highly coveted lake rights and is conveniently located just minutes from The Village, offering excellent recreational and amenity access.
Turnkey & High-Quality Renovation: Presented as 'move-in ready' and 'fully furnished,' featuring a stunning, remodeled interior with quality craftsmanship and a sophisticated lodge-style aesthetic.
Generous & Functional Living Space: Boasts 5 bedrooms, 4 baths, a grand bunk room, an open-concept great room with soaring vaulted ceilings, and a high-end chef's kitchen, ideal for large families or entertaining.
Extensive Outdoor & Practical Amenities: Offers expansive, low-maintenance Trex decks, a convenient level entry, oversized two-car garage, spacious driveway, fire suppression system, and a pet-friendly dog run.
Unique Marketing Appeal: The property's history as a 'former celebrity-owned home' adds a distinctive and potentially attractive narrative for prospective buyers.

Cons

Pricing Strategy & Perception: The listing's opening statement ('Have we priced this too low, that buyers think there must be something wrong?') indicates a potential challenge in buyer perception regarding the current price.
Listed Above Estimated Value: The current list price of $897,000 is approximately 6% higher than the estimated property value of $840,858.675, which may require justification or further negotiation.
Limited View Description: Despite being in Lake Arrowhead with lake rights, the listed view is 'Trees/Woods,' suggesting the absence of direct or panoramic lake views, which can be a premium feature in this market.

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