929 Lucerne Lane, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath

929 Lucerne Lane, Lake Arrowhead, California 92352 home-pic-0

929 Lucerne Lane

Lake Arrowhead, California 92352

ACTIVE
CONDITION: GOOD
4Beds
4Baths
2,894Sq Ft
11,333Lot Size

Property Price

LIST PRICE$1,250,000
EST. MARKET VALUE
$1,071,656
16% AboveMARKET VALUE

SUMMARY

Analysis of 929 Lucerne Lane, Lake Arrowhead, California 92352 reveals a property with a current list price of $1,250,000, which is 16% above the estimated $1,071,656 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,071,656
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
929 Lucerne Lane
Subject
$1,250,000*
List Price
442,894$370-
A
27692 Caribou Drive
Sold
$1,150,000433,434$3350.9 mi
B
27685 St Bernard
Sold
$890,000332,612$3410.9 mi
C
27613 Alpen Drive
Sold
$1,235,000542,873$4300.9 mi
D
28277 Arbon Lane
Sold
$975,000543,217$3030.5 mi
E
27920 Matterhorn
Active
$998,000
List Price
543,079$3240.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2006, this property falls within the 10-20 year age range for a 'Good' rating. The description highlights it as 'immaculate, turnkey' and 'fully winterized and weatherized,' with recently refurbished decking, indicating excellent maintenance. The kitchen features modern stainless steel appliances, granite countertops, and recessed lighting, though the knotty pine cabinets, while well-maintained, are not a 'newly built' style. Bathrooms are in very good condition with granite, tile, jetted tubs, and walk-in showers. Overall, the home is move-in ready with no immediate renovations required, and all major systems appear well-maintained and functional, aligning perfectly with the 'Good' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Turnkey & Well-Maintained Condition

    The home is described as 'immaculate, turnkey' and has been 'fully winterized and weatherized,' with all decking 'refurbished and re-stained with a premium 10-year finish,' indicating excellent maintenance and readiness for immediate occupancy.

  • Exceptional Lake Lifestyle Opportunity

    The availability to purchase a 'newer single-slip dock, dock house, and 2023 South Bay pontoon boat' for an additional cost offers a significant and highly desirable enhancement to the Lake Arrowhead living experience.

  • Thoughtful Design & Spacious Layout

    Features like level entry with direct garage access, a bright open living room with soaring ceilings and a wall of glass, a main-level primary suite, and an expansive lower level with a family/game room and sauna provide comfort and functionality.

CONSRISKS & DEFICIENCIES

  • Significant Price Reductions

    The property has undergone substantial price reductions from an original list price of $1.75M to the current $1.25M, which may raise questions about its initial valuation or market perception.

  • Lake Package Not Included in List Price

    While a major draw, the highly desirable lake access (dock, dock house, and boat) is available only for an 'additional cost,' which could be an unexpected expense or barrier for some buyers.

  • Potential Lack of Central A/C

    The description mentions 'added concrete pedestals for A/C systems' but does not explicitly state that central air conditioning is installed, implying it may be an additional investment for climate control.

About 929 Lucerne Lane

Experience mountain living at its best with this immaculate, turnkey Lake Arrowhead home, now available on its own, with an exceptional opportunity to purchase a newer single-slip dock, dock house, and 2023 South Bay pontoon boat for an additional cost. The home features level entry with direct garage access and a bright, open living room showcasing soaring ceilings, a stone fireplace, and a dramatic wall of glass that opens to the deck—perfect for sunset dining and relaxed mountain living. The gourmet kitchen is designed for the home chef, offering a pantry, coffee nook, and seamless flow into the dining area, ideal for gatherings, holidays, and entertaining. The main-level primary suite serves as a true retreat, complete with its own fireplace, jetted tub, walk-in shower, and generous closet. The lower level expands the living space with a cozy family/game room featuring a fireplace and sauna, three spacious bedrooms, two bathrooms, and an oversized laundry room. Outdoor living is thoughtfully designed with multiple destinations, including a serene relaxation deck, firepit lounge area, and a dedicated entertainers’ deck with endless potential. The property has been fully winterized and weatherized, including added concrete pedestals for A/C and generator systems. All decking has been refurbished and re-stained with a premium 10-year finish for lasting durability and visual appeal. Available separately for an additional cost, the lake package elevates the lifestyle even further and includes a newer single-slip dock with hydro-hoist, a beautifully designed 2024 dock house featuring a pass-through BBQ window and two custom cushion-top dock boxes, and a 2023 South Bay 22’ pontoon boat with trailer (150HP Mercury engine with remaining manufacturer warranty).

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2006
Lot Size
11,333 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 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 • 0.5 mi

4/10

Charles Hoffman Elementary School

Grades K-5 • 6.9 mi

4/10

Valley Of Enchantment Elementary School

Grades K-5 • 7.1 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths4.03.0
80%
Square foot2,8941,979.5
82%
Lot Size11,3339,767
69%
Price$1.25M$680.0K
87%
Price per sq ft$432$342
74%
Built year20061977
93%
HOA$0$0
50%
Days on market171236
26%

Pricing History

Listed for Sale

Jan 15, 2026

$1,250,000

$1,699,950

-26% Price Drop

Initial Listing

Price Change

Nov 14, 2025

$1,699,950

$1,750,000

-3% Price Drop

Initial Listing

Price Change

Sep 17, 2025

$1,750,000

Initial Listing

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