888 Grass Valley Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
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888 Grass Valley Road
Lake Arrowhead, California 92352
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,872Sq Ft
7,405Lot Size
Property Price
LIST PRICE$625,000
EST. MARKET VALUE
$590,678
5% AboveMARKET VALUE
SUMMARY
This Turnkey Mountain Cabin is a Strong Value Opportunity, listed at $625,000—positioned well above the $590,678 Fair Market Value by -5%. Featuring a Condition Rating of 3, this residence offers modern comforts like a newer HVAC and granite kitchen. With Lake Rights, a flexible floor plan for multigenerational living, and scenic Mountain and Forest views, it serves as an ideal retreat. This property is perfectly suited for Owner-Occupants seeking a move-in ready lifestyle or Short-Term Rental Investors targeting the Lake Arrowhead market.
Estimated Market Value
$590,678
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 888 Grass Valley Road Subject 3 bd · 3 ba · 1,872 sqft · $316 | $625,000* List Price | 3 | 3 | 1,872 | $316 | - |
A 965 Sandalwood Drive Sold 3 bd · 3 ba · 2,030 sqft · $253 · 0.1 mi | $514,500 | 3 | 3 | 2,030 | $253 | 0.1 mi |
B 846 Golf Course Sold 3 bd · 3 ba · 1,989 sqft · $386 · 0.2 mi | $767,000 | 3 | 3 | 1,989 | $386 | 0.2 mi |
C 26855 Inyo Court Sold 3 bd · 3 ba · 2,268 sqft · $308 · 0.4 mi | $699,000 | 3 | 3 | 2,268 | $308 | 0.4 mi |
D 1076 Grass Valley Road Sold 3 bd · 2 ba · 1,656 sqft · $326 · 0.3 mi | $540,000 | 3 | 2 | 1,656 | $326 | 0.3 mi |
E 664 Circle Sold 3 bd · 2 ba · 1,718 sqft · $265 · 0.3 mi | $455,000 | 3 | 2 | 1,718 | $265 | 0.3 mi |
F 1078 Sandalwood Sold 3 bd · 3 ba · 2,192 sqft · $287 · 0.2 mi | $630,000 | 3 | 3 | 2,192 | $287 | 0.2 mi |
G 422 Pyramid Sold 3 bd · 2 ba · 1,344 sqft · $408 · 0.6 mi | $549,000 | 3 | 2 | 1,344 | $408 | 0.6 mi |
H 1226 Grass Valley Sold 3 bd · 3 ba · 2,050 sqft · $307 · 0.4 mi | $629,999 | 3 | 3 | 2,050 | $307 | 0.4 mi |
I 955 Teakwood Drive Active 4 bd · 3 ba · 2,204 sqft · $284 · 0.1 mi | $625,000 List Price | 4 | 3 | 2,204 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained, turnkey, and move-in ready. It features an updated kitchen with granite countertops and stainless steel appliances, along with a newer HVAC system as noted in the description.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey & Modernized Condition
The property is offered turnkey with newer HVAC and included furnishings, providing an immediate move-in ready experience or a seamless transition into a short-term rental.
- Lake Rights & Prime Location
Includes coveted Lake Arrowhead lake rights and is situated within a 10-minute walk to Grass Valley Park, significantly enhancing the property's recreational value and desirability.
- Versatile Architectural Layout
Featuring soaring ceilings and a flexible floor plan with dual access, the home easily accommodates multigenerational living or guest privacy with a lower level adaptable as a fourth bedroom.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1872, other record living area = 1904.
- Modest School Ratings
The local elementary schools carry lower performance ratings (3-4), which may be a drawback for families prioritizing high-ranking educational districts for a primary residence.
- Property Age Maintenance
Originally built in 1972, the home may require more frequent long-term maintenance typical of older mountain structures, despite recent interior and mechanical upgrades.
About 888 Grass Valley Road
Enjoy peaceful surroundings at this cozy and welcoming cabin. Inside you will find soaring ceilings, a gorgeous wall of windows, and an open-concept living area filled with natural light and beautiful views of the forest. This well-appointed residence has an elegant rustic aesthetic, blending modern comforts with mountain charm. Turnkey, it works well as a main residence or rental. With upper and lower access, the floor plan lends itself to guest privacy or multigenerational living. The lower level is being used as a fourth bedroom, but can easily be reconfigured as an entertainment area. This charming cabin is about a 10-minute walk to Grass Valley Park, with Lake Arrowhead Village just a short drive away. Additional features include newer HVAC, furnishings and lake rights!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 2.0 mi
4/10
Valley Of Enchantment Elementary School
Grades K-5 • 5.5 mi
3/10
Charles Hoffman Elementary School
Grades K-5 • 8.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,872 | 1,979.061 |
| Lot Size | 7,405 | 10,277.399 |
| Price | $625.0K | $643.6K |
| Price per sq ft | $334 | $338 |
| Built year | 1972 | 1978 |
| HOA | $0 | $614 |
| Days on market | 32 | 91 |
Pricing History
Listed for Sale
Sep 22, 2026
$625,000
Initial Listing
Sold
Dec 16, 2019
$390,000
Public Record
Sold
Jan 15, 2014
$295,000
Public Record
Sold
Jun 10, 2010
$189,000
Public Record
Sold
Jul 19, 2006
$500,000
Public Record