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884 Grass Valley Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath

884 Grass Valley Road, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$699,000
884 Grass Valley Road, Lake Arrowhead, California 92352
3Beds
3Baths
1,805Sqft
7,650Lot

Price Vs. Estimate

The estimated value ($422,174.535) is $276,825.465 (39%) lower than the list price ($699,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7650, living area = 1805.
Top Cons:
Significant Overpricing: The property's estimated value of $422,174.54 is substantially lower than the current listing price of $699,000, indicating a potential overvaluation compared to market analytics and recent comparable sales.

Compared to the nearby listings

Price:$699.0K vs avg $675.0K (+$24,000)53%
Size:1,805 sqft vs avg 1,933 sqft43%
Price/sqft:$387 vs avg $35160%

More Insights

Built in 1991 (34 years old).
Condition: The property was built in 1991, making it 33 years old. While it appears well-maintained and move-in ready, the kitchen features light wood cabinetry and countertops that suggest an older style, likely original or from a renovation 15-25 years ago, despite updated stainless steel appliances. The bathrooms also show dated vanities and fixtures. The description mentions 'immaculate' and 'well-appointed kitchen' but lacks specific dates for major renovations, which, combined with the visual evidence, indicates that while functional, key areas like the kitchen and bathrooms are outdated in style. This aligns with the 'Fair' criteria of a home built over 20 years ago, maintained through regular upkeep, with major components functional but showing signs of being outdated, and likely renovated 15-30 years ago or not extensively since construction.
Year Built
1991
Close
-
List price
$699K
Original List price
$739K
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
SR25028673
Home ConditionFair
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

Stunning Mountain Home with Lake Rights, Breathtaking Views! Discover the perfect mountain retreat in this immaculate 3-bedroom, 2.5-bath home, featuring an additional loft that can be used as a 4th bedroom or entertainment area. Surrounded by towering trees, this home offers a peaceful escape with stunning views from the main level deck, ideal for relaxation or entertainment. Inside, the open concept living space is filled with natural light, featuring vaulted ceilings and lots of windows that bring the beauty of the outdoors in. The well-appointed kitchen seamlessly connects to the dining and living areas, creating a warm and inviting atmosphere. Downstairs the primary suite provides a private deck, while the additional bedrooms and loft offer ample space for guests. Stay comfortable year-round with air conditioning in the living room and loft. Convenience is key, with a level-entry two-car garage on a county-plowed & maintained road and five total parking spaces. Additionally, a workroom below the house offers extra storage or workspace. The fully fenced yard is beautifully landscaped, enhancing the home’s curb appeal and outdoor enjoyment. For added peace of mind, the property is equipped with a whole-house generator. Whether you're looking for a full-time residence or a vacation getaway, this mountain home offers the perfect blend of comfort, nature, and recreation. Home comes furnished!! Lake rights also coming with this beauty. Don’t miss this rare opportunity.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.0mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•5.5mi
4/10
Charles Hoffman Elementary School
Public,•K-5•8.1mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•0.2mi
/10
Rim Virtual
Public,•K-8•1.3mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.4mi
Condition Rating
Fair
The property was built in 1991, making it 33 years old. While it appears well-maintained and move-in ready, the kitchen features light wood cabinetry and countertops that suggest an older style, likely original or from a renovation 15-25 years ago, despite updated stainless steel appliances. The bathrooms also show dated vanities and fixtures. The description mentions 'immaculate' and 'well-appointed kitchen' but lacks specific dates for major renovations, which, combined with the visual evidence, indicates that while functional, key areas like the kitchen and bathrooms are outdated in style. This aligns with the 'Fair' criteria of a home built over 20 years ago, maintained through regular upkeep, with major components functional but showing signs of being outdated, and likely renovated 15-30 years ago or not extensively since construction.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7650, living area = 1805.
Lake Rights & Scenic Views: The property includes valuable lake rights and offers 'breathtaking views' from the main level deck, surrounded by towering trees, providing a quintessential mountain retreat experience.
Turnkey & Furnished: Being sold 'furnished' makes this home immediately move-in ready or an attractive, hassle-free option for a vacation rental, saving buyers time and additional expenses.
Excellent Accessibility & Parking: Features a 'level-entry two-car garage' on a 'county-plowed & maintained road' and 'five total parking spaces,' ensuring convenient and reliable access, especially during winter months.
Enhanced Comfort & Security: Equipped with a 'whole-house generator' for uninterrupted power and a 'fully fenced yard' that is 'beautifully landscaped,' adding both peace of mind and aesthetic appeal.
Versatile & Bright Interior: The 'open concept living space' with 'vaulted ceilings,' 'natural light,' and 'lots of windows' creates an inviting atmosphere, complemented by an 'additional loft' and a 'workroom' for flexible use.

Cons

Significant Overpricing: The property's estimated value of $422,174.54 is substantially lower than the current listing price of $699,000, indicating a potential overvaluation compared to market analytics and recent comparable sales.
Limited Air Conditioning: Air conditioning is specified only for the 'living room and loft,' suggesting that other areas, particularly the primary suite and additional bedrooms, may lack cooling, which could be a comfort concern during warmer periods.
Lack of Specific Renovation Details: While described as 'immaculate' and having a 'well-appointed kitchen,' the description does not detail recent major renovations or updates to other key systems (e.g., bathrooms, roofing, plumbing, electrical) for a 1991-built home, which could imply potential deferred maintenance or future upgrade costs.

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