886 Sandalwood Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 4 bath
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Lake Arrowhead, California 92352
This Tri-Level Mountain Residence represents a Strong Value Opportunity, listed at $600,000—positioned well below the $624,180 Fair Market Value by 3%. This valuation gap provides $24,180 in Instant Equity. With a Condition Rating of 4, the home features a separate income-generating studio and lake rights in Arrowhead Woods. While the interior requires cosmetic modernization, the property offers significant upside for Buy-and-Hold Investors or Owner-Occupants seeking a versatile asset with mountain views and proximity to Rim of the World High School.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 886 Sandalwood Drive Subject | $600,000* List Price | 3 | 4 | 2,244 | $278 | - |
A 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.4 mi |
B 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.4 mi |
C 325 Brentwood Sold | $595,000 | 3 | 3 | 2,290 | $260 | 0.9 mi |
D 1096 Nadelhorn Drive Sold | $685,000 | 3 | 3 | 1,994 | $344 | 0.6 mi |
E 27618 W Shore Road Sold | $680,000 | 3 | 3 | 2,242 | $303 | 0.8 mi |
F 677 Rhine Road Sold | $550,000 | 3 | 2 | 1,965 | $280 | 0.3 mi |
G 1268 Aleutian Drive Sold | $470,000 | 4 | 2 | 2,119 | $222 | 0.5 mi |
H 965 Sandalwood Drive Active | $549,000 List Price | 3 | 3 | 2,030 | $270 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property is well-maintained but significantly dated. While it features some updates like newer laminate flooring and stainless steel appliances, the primary kitchen cabinets, wood-paneled walls, and popcorn ceilings are characteristic of the original construction or renovations older than 20 years, indicating a need for cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9600, living area = 2244.
The property features a separate studio with its own entrance, bathroom, and deck, providing an excellent opportunity for rental income or a private guest suite.
Located in Arrowhead Woods with coveted lake rights, the home is minutes away from Lake Arrowhead Village, the Country Club, and various outdoor recreational hubs.
The tri-level layout and multiple sets of stairs required to access bedrooms and the studio may limit appeal for buyers with mobility concerns.
Built in 1981, the property may require capital investment for modernizing interior finishes and systems to meet current luxury market expectations.
Welcome to 886 Sandalwood Dr.! This delightful tri-level home, nestled in the heart of Arrowhead Woods, offers lake rights and presents a perfect mix of comfort and potential. A separate studio accompanies the property, providing extra living space or a great opportunity for generating income.Inside the main house, you'll discover three bedrooms, two full bathrooms, and a convenient half bathroom. The main level features a spacious living room adorned with vaulted beamed ceilings and a warm, inviting wood-burning fireplace. You'll also find a cozy dining area and a generously sized kitchen. Moving up to the second level, the three bedrooms await, including a primary suite complete with an ensuite bathroom. Two of the bedrooms grant access to a large deck, ideal for outdoor relaxation.On the third level, the separate studio boasts its own entrance and includes a comfortable living area, a bathroom, and a bedroom, complemented by a deck to enjoy the fresh air. Additional amenities include driveway parking, an extra space for boat storage, and a two-car garage. This prime location is only minutes from Lake Arrowhead, Grass Valley Park, Lake Arrowhead Country Club, and Lake Arrowhead Village, which offers a variety of dining and shopping options. Embrace a wide array of lake activities, including swimming, fishing, boating, and water skiing, along with golfing, hiking, and biking opportunities.iking opportunities.
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades K-5 • 5.3 mi
Grades K-5 • 8.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,244 | 2,126 |
| Lot Size | 9,600 | 9,850 |
| Price | $600.0K | $669.1K |
| Price per sq ft | $267 | $346 |
| Built year | 1981 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 31 | 92 |
Jun 21, 2026
$600,000
Initial Listing
Nov 27, 2017
$450,000
Public Record
Sep 2, 2016
$430,000
Public Record
Jan 15, 2016
$260,000
Public Record
Jun 17, 2010
$350,000
Public Record
Oct 28, 2009
$260,000
Public Record
Aug 2, 2002
$270,000
Public Record
Dec 17, 1997
$172,500
Public Record
Aug 16, 1993
$150,000
Public Record