932 Cedar, Lake Arrowhead, California 92325, Crestline, 92325 - 3 bed, 2 bath
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932 Cedar
Lake Arrowhead, California 92325
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,270Sq Ft
17,924Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$347,517
9% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $315,000—positioned well below the $347,517 Fair Market Value by 9%. This valuation gap offers $32,517 in Instant Equity for buyers. While the home carries a Condition Rating of 4, requiring a deck replacement and interior updates, the expansive 17,924-square-foot lot and serene mountain views provide significant upside. This is a high-reward acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project in the Rim of the World district.
Estimated Market Value
$347,517+$32,517 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1946, this home features a dated interior with a kitchen renovation likely performed 20+ years ago. While the living spaces appear functional and move-in ready, the property requires a full deck replacement and shows signs of age-related wear, placing it in the category of needing minor repairs and updates.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 17924, living area = 1270.
- Expansive Private Lot
The property features a generous 17,924-square-foot fenced lot, offering significant outdoor space and privacy that is rare for residential mountain properties.
- Serene Natural Setting
Nestled in a beautiful forested area with mountain and wood views, the home provides a tranquil and secluded environment ideal for a mountain retreat.
CONSRISKS & DEFICIENCIES
- Immediate Structural Repair
The exterior deck is in need of a full replacement, which requires immediate attention and additional capital investment from the buyer.
- Vintage Infrastructure
Built in 1946, the home may require updates to its original systems and finishes to meet modern efficiency and aesthetic standards.
About 932 Cedar
Charming 3-bedroom, 1.5-bathroom home offering 1,270 square feet of living space situated on a spacious 17,924-square-foot fenced lot. Built in 1946, this property is nestled in a beautiful forested area surrounded by trees, providing a serene and private setting. Please note, the home features a deck in need of replacement, which has been reflected in the pricing. This is a fantastic opportunity to own a home with significant outdoor space in a tranquil natural environment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 17,924 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,270 | 1,278.077 |
| Lot Size | 17,924 | 6,910.923 |
| Price | $315.0K | $363.9K |
| Price per sq ft | $248 | $276 |
| Built year | 1946 | 1964 |
| HOA | $0 | $250 |
| Days on market | 26 | 72 |
Pricing History
Listed for Sale
Aug 14, 2026
$315,000
Initial Listing
Sold
Jun 30, 2017
$220,000
Public Record