
Lake Arrowhead, California 92352
This Mountain Retreat represents a Strong Value Opportunity, listed at $1,750,000—positioned above the $1,613,420 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, showcasing high-quality rustic renovations and a unique triple A-frame design. With an active Airbnb license in a gated community, it offers immediate income potential for Buy-and-Hold Investors. The home provides exceptional lifestyle amenities, including a heated concrete entryway, flat turfed yards, and lake views, making it an ideal acquisition for Owner-Occupants seeking a turnkey mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 942 Lake Edge Subject 5 bd · 6 ba · 3,888 sqft · $415 | $1,750,000* List Price | 5 | 6 | 3,888 | $415 | - |
A 28710 Bryce Sold 4 bd · 3 ba · 3,199 sqft · $397 · 0.5 mi | $1,270,000 | 4 | 3 | 3,199 | $397 | 0.5 mi |
B 1211 Yellowstone Drive Sold 4 bd · 5 ba · 3,614 sqft · $372 · 0.4 mi | $1,345,000 | 4 | 5 | 3,614 | $372 | 0.4 mi |
C 951 Osprey Active 4 bd · 4 ba · 4,050 sqft · $352 · 0.7 mi | $1,425,000 List Price | 4 | 4 | 4,050 | $352 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Though originally built in 1966, the property has undergone high-quality, well-maintained rustic renovations. The unique themed bathrooms, spacious kitchen, and premium features like a heated concrete entryway and automatic storm shutters show excellent upkeep, making it fully functional and move-in ready.
Located in a rare gated community that permits short-term rentals, this property includes an active Airbnb license, offering immediate income-generating potential for investors.
The distinctive triple A-frame design features soaring vaulted ceilings and five ensuite bedrooms, providing a grand yet functional space ideal for multi-generational gatherings.
The property offers rare flat turfed yard space and a heated concrete entryway, ensuring both usable outdoor recreation area and convenient, safe access during winter months.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The one-half double dock is not included in the list price and must be purchased separately, which increases the total capital required to fully realize the lakefront lifestyle.
Originally constructed in 1966, the home may require ongoing maintenance or modernization of its mechanical systems to meet contemporary energy efficiency and comfort standards.
Set within the coveted gated community of Old North Shore Estates, just a few homes from the trails and waters of Lake Arrowhead, 942 Lake Edge Way is a timeless mountain retreat where classic Americana lodge style meets exceptional craftsmanship. A beautiful, meandering path leads gently toward the lake along a seasonal stream, offering a gradual and scenic approach to the water. The home’s distinctive triple A-frame architecture makes an immediate impression. Inside, soaring vaulted ceilings, exposed beams, expansive windows, rich wood and slate floors, and a dramatic floor-to-ceiling custom stone-and-wood fireplace create interiors that feel both grand and inviting, with views of the lake and surrounding ridgeline forest throughout. Designed for gathering, the main level features generous living and dining spaces, a large kitchen with center island and bar seating, and a recreation area. French doors on either side of the main living space open to a front patio with Lake Arrowhead views and a spacious back deck overlooking the forested ridgeline. Automatic sun awnings provide shade, while automatic storm shutters offer full coverage for winterization. Also on the main level is an oversized bunk room with abundant space for sleeping, playing and relaxing, along with an adjoining bathroom featuring a classic clawfoot tub. Upstairs, four additional bedrooms are all ensuite. The serene primary suite enjoys lake views and a double-sided fireplace shared with the primary bath, where it sits beside a large jetted tub. Outside, two levels of flat, turfed yard space are a rare mountain luxury, offering exceptional room to gather and play. The oversized garage accommodates approximately two to three vehicles, while nearly level parking and a heated concrete entryway make year-round arrival remarkably convenient. With five bedrooms, six bathrooms and exceptional indoor-outdoor living, the home offers a compelling combination of character, comfort and location. Old North Shore Estates is among the limited gated communities on the mountain where short-term rentals are permitted, and the property currently holds an active Airbnb license. A one-half double dock in Winter Harbor may also be purchased separately. Located approximately a five-minute walk from the house, it makes days on Lake Arrowhead remarkably easy and further connects the home to the lake-centered lifestyle.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades K-5 • 6.3 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 6.0 | 3.0 |
| Square foot | 3,888 | 1,979.061 |
| Lot Size | 12,500 | 10,277.399 |
| Price | $1.75M | $643.6K |
| Price per sq ft | $450 | $338 |
| Built year | 1966 | 1978 |
| HOA | $924.0 | $614 |
| Days on market | 31 | 91 |
Sep 23, 2026
$1,750,000
Initial Listing
Jul 3, 2025
$1,575,000
Public Record
Apr 6, 2018
$895,000
Public Record
Jun 30, 2010
$657,000
Public Record
Jun 16, 2006
$999,000
Public Record