864 Nadelhorn Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 2 bath
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Lake Arrowhead, California 92352
This Versatile Mountain Retreat is listed at $509,999, representing a stable and fair acquisition aligned with its $502,589 Fair Market Value. Boasting a Condition Rating of 4, the home features significant structural investments, including foundation stabilization and a rebuilt electrical panel. The dual-level layout with separate entrances, Lake Arrowhead lake rights, and peek-a-boo lake views offers exceptional income-producing potential. Located just minutes from the Village and Mary P. Henck Intermediate, this fully furnished property is a turnkey opportunity for Vacation Home Seekers or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 864 Nadelhorn Drive Subject | $499,999* List Price | 4 | 2 | 1,768 | $269 | - |
A 27486 Oakwood Sold | $495,000 | 4 | 3 | 1,725 | $287 | 0.7 mi |
B 1192 Evergreen Lane Sold | $468,000 | 3 | 2 | 1,630 | $287 | 0.4 mi |
C 26669 Modoc Lane Sold | $550,000 | 3 | 2 | 1,760 | $313 | 0.8 mi |
D 195 Birchwood Drive Sold | $637,500 | 3 | 4 | 2,108 | $302 | 0.9 mi |
E 27300 Bernina Sold | $435,000 | 3 | 2 | 1,422 | $306 | 0.1 mi |
F 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.5 mi |
G 955 Teakwood Drive Active | $649,000 List Price | 4 | 3 | 2,204 | $294 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this 46-year-old property is well-maintained but dated. While it boasts excellent recent system and structural upgrades—including a rebuilt electrical panel, foundation stabilization, and new insulation—the kitchen and bathrooms feature older cabinetry, laminate countertops, and vintage fixtures that require cosmetic modernization.
The dual-level layout with separate entrances and four bedrooms offers excellent versatility for short-term rentals, guest accommodations, or multi-family vacations.
Significant investments in structural integrity, including foundation stabilization, a rebuilt electrical panel, and full attic/crawlspace remediation, provide peace of mind and reduce immediate capital expenditure.
The property is offered fully furnished with coveted Lake Arrowhead lake rights, providing an immediate, move-in-ready mountain lifestyle or rental-ready investment.
While the property offers beautiful ridgeline views, the lake views are only 'peek-a-boo,' which may not satisfy buyers seeking a primary water-focused vista.
With four bedrooms designed to sleep nine people but only two bathrooms, the home may experience functional bottlenecks during peak usage by large groups.
Welcome to a charming and quiet mountain getaway for your family vacations, short-term rental opportunities or investment potential. Lake rights, peek-a-boo lake views, stunning ridgeline views, flexible layout and plenty of parking--this is the one you've been waiting for! A rare and cozy four bedroom cabin nestled in beautiful Arrowhead Woods, the layout features two bedrooms and one full bathroom on each level, making it ideal for dual living, guest accommodations, or extended stays. Sleeps nine people comfortably in beds--perfect for large or multiple families. Even has a twin-over-full bunk bed for the kids!Each floor has plenty of natural light streaming in from large sliding doors and windows that look out over mountain views. Kitchen features newer fridge, stove and dishwasher. Separate entrances to each level create an exciting opportunity for flexible, income-producing potential--perfect for investors looking to maximize the property. Downstairs, you'll find a built-in bar and additional entertaining space, adding even more value and appeal for hosting and guests. Home is being offered fully furnished, making it truly move-in ready--just bring your bags and start enjoying. A turnkey opportunity with immediate usability--ideal for those looking to start enjoying or generating value right away.The recently reinforced, upgraded and waterproofed decks are perfectly positioned to soak in the scenery, whether you're enjoying your morning coffee or unwinding at sunset. Other recent upgrades include: completely rebuilt electrical panel, complete renovation of attic and crawlspace with rodent-proofing and brand new R-38 insulation and foundation stabilization with carbon fiber concrete stitching. Located just minutes from the Village and the lake, in one of Lake Arrowhead Woods' most desirable neighborhoods. High-demand location for both full-time living and vacation stays, with close proximity to dining, shopping, and year-round recreation. Whether you're looking for a full-time home, weekend escape, or investment opportunity, this property offers a rare combination of lifestyle and versatility!
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades K-5 • 5.7 mi
Grades K-5 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,768 | 1,995.5 | 40% |
| Lot Size | 8,400 | 9,857 | 29% |
| Price | $500.0K | $683.5K | 24% |
| Price per sq ft | $283 | $344 | 24% |
| Built year | 1978 | 1978 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 212 | 1% |
May 22, 2026
$499,999
$509,999
-2% Price Drop
Initial Listing
Apr 22, 2026
$509,999
Initial Listing
Sep 22, 2015
$295,000
Public Record