
Lake Arrowhead, California 92352
This Versatile Mountain Property is a High-Potential Investment Opportunity, listed at $799,999—positioned well above the $726,193 Fair Market Value by -10%. Featuring a Condition Rating of 3, the home offers a Granite Kitchen, Hardwood Floors, and a unique Three-Story Recreation Building. While the elementary schools have lower ratings, the property provides significant utility through its Lake Rights and Level Entry access. This is an ideal acquisition for Owner-Occupants seeking a mountain retreat or lifestyle-focused buyers desiring a multi-functional living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 915 Trinity Subject 4 bd · 3 ba · 1,708 sqft · $425 | $799,999* List Price | 4 | 3 | 1,708 | $425 | - |
A 544 Old Toll Sold 4 bd · 3 ba · 1,690 sqft · $352 · 0.7 mi | $595,000 | 4 | 3 | 1,690 | $352 | 0.7 mi |
B 27322 Matterhorn Sold 3 bd · 2 ba · 1,983 sqft · $353 · 0.6 mi | $700,000 | 3 | 2 | 1,983 | $353 | 0.6 mi |
C 27585 Alpen Drive Sold 4 bd · 3 ba · 1,832 sqft · $420 · 0.9 mi | $770,000 | 4 | 3 | 1,832 | $420 | 0.9 mi |
D 528 Brentwood Sold 3 bd · 2 ba · 1,792 sqft · $354 · 0.6 mi | $635,000 | 3 | 2 | 1,792 | $354 | 0.6 mi |
E 279 Old Toll Sold 3 bd · 2 ba · 1,697 sqft · $345 · 1.0 mi | $585,000 | 3 | 2 | 1,697 | $345 | 1.0 mi |
F 27482 Matterhorn Sold 3 bd · 2 ba · 1,406 sqft · $473 · 0.8 mi | $665,000 | 3 | 2 | 1,406 | $473 | 0.8 mi |
G 1258 Yukon Court Sold 3 bd · 3 ba · 1,690 sqft · $530 · 0.7 mi | $895,000 | 3 | 3 | 1,690 | $530 | 0.7 mi |
H 863 Grass Valley Active 3 bd · 3 ba · 1,581 sqft · $380 · 0.3 mi | $600,000 List Price | 3 | 3 | 1,581 | $380 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1981 but shows pride of ownership with significant updates. The kitchen has been renovated with granite countertops and stainless steel appliances, and the home features real hardwood flooring and a modern whole-house generator. While some elements like the wood paneling and blue carpeting are dated, the overall condition is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17382, living area = 1708.
The unique three-story garage and recreation building offers exceptional utility, featuring a three-car garage, a dedicated entertainment level with a sauna and wet bar, and a private guest suite or office.
Located in the prestigious Arrowhead Woods with coveted lake rights, the property is ideally situated near Grass Valley Lake and the amenities of the Lake Arrowhead Country Club.
At 1,708 square feet for a four-bedroom layout, the main home's living spaces and bedrooms may feel somewhat small for larger families or those seeking expansive common areas.
The local elementary schools serve the area with lower performance ratings (3 and 4), which may be a consideration for buyers with school-aged children.
Discover a unique mountain property in Lake Arrowhead featuring a beautifully maintained four-bedroom main home and a three-story garage, recreation, and guest building, all situated on nearly half an acre with coveted Lake Arrowhead lake rights. Surrounded by mature trees, striking granite boulders, and a seasonal stream, this property offers a peaceful mountain setting just moments from Grass Valley Lake and its playground and open green space. The main home features level entry, real hardwood floors, a cozy living room fireplace, and an updated kitchen with granite countertops and a stacked-stone backsplash. A main-level bedroom provides flexibility for guests or multi-generational living, while a Generac whole-house generator adds peace of mind. Outdoor decks connect the home to the surrounding grounds and provide space to relax and enjoy the mountain setting. One of the property's most unique features is the three-story garage and recreation building. The street-level floor offers a three-car garage with epoxy flooring, a dedicated workshop area, ample storage, and an additional full-size refrigerator. The level below is designed for entertaining, with a stone fireplace, pool table, wet bar, sauna, and plenty of room to gather with family and friends. Upstairs, a newly finished room offers additional space for overnight guests, a private office, or other uses to suit your needs. Enjoy being just moments from the golf, tennis, and dining amenities at the private Lake Arrowhead Country Club. With its combination of lake rights, mountain surroundings, versatile living spaces, and exceptional recreation areas, this property offers a rare opportunity to enjoy the best of mountain living.
No exterior & parking available.
Grades PK-5 • 2.2 mi
Grades K-5 • 5.2 mi
Grades K-5 • 8.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,708 | 1,979.061 |
| Lot Size | 17,382 | 10,277.399 |
| Price | $800.0K | $643.6K |
| Price per sq ft | $468 | $338 |
| Built year | 1981 | 1978 |
| HOA | $0 | $614 |
| Days on market | 2 | 91 |
Oct 22, 2026
$799,999
Initial Listing
Jan 27, 2025
$1,000,000
Public Record
Oct 14, 2021
$850,000
Public Record