943 Nadelhorn, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 4 bath
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Lake Arrowhead, California 92352
This 5-bedroom lake view home represents a High-Potential Investment Opportunity, listed at $880,000—positioned well above the $864,516 Fair Market Value by approximately 1.7%. While the price reflects a premium, the property’s Condition Rating of 3 and versatile multi-level layout provide significant utility for short-term rentals. Featuring Lake Rights, expansive Exterior Decking, and a modernized kitchen, this asset is optimized for vacation revenue. It serves as a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey mountain retreat with strong rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 943 Nadelhorn Subject | $880,000* List Price | 5 | 4 | 2,890 | $299 | - |
A 277 Grizzly Road Sold | $895,000 | 5 | 4 | 2,824 | $317 | 0.8 mi |
B 27366 Matterhorn Sold | $775,000 | 4 | 4 | 2,450 | $316 | 0.3 mi |
C 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.5 mi |
D 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.3 mi |
E 641 Golf Course Road Sold | $845,000 | 4 | 3 | 2,828 | $299 | 0.6 mi |
F 195 Birchwood Drive Sold | $637,500 | 3 | 4 | 2,108 | $302 | 1.0 mi |
G 27391 Alpen Active | $1,100,000 List Price | 6 | 4 | 3,223 | $341 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1968, the property has undergone significant interior renovations likely within the last 5-10 years. The kitchen features modern grey cabinetry, stone countertops, and stainless steel appliances. The living areas show updated laminate flooring, fresh paint, and contemporary lighting fixtures. The exterior and decking appear well-maintained, making the home move-in ready and suitable for a vacation rental.
The property includes highly desirable Lake Rights and features expansive decking with stunning views of Lake Arrowhead and the surrounding mountains, significantly boosting its vacation rental appeal.
With five bedrooms and potential master suites on three separate levels, the floor plan offers exceptional privacy and flexibility for large families or multi-group guests.
Currently listed at $880,000 despite a previous sale price of $1,075,000 in 2022, this home represents a high-equity potential investment in the prestigious Arrowhead Woods area.
Built in 1968, the 'eclectic' charm may necessitate modern updates to finishes and systems to meet the expectations of contemporary luxury buyers.
The nearby elementary schools have relatively low ratings (3 and 4), which could be a drawback for families looking to establish the property as a primary residence.
Eclectic Elegant Charm - 5 Bedroom 3 and a Half Bath Lake View Home with Two Car Garage Amazing Curb appeal in Desirable area with Lake Rights. Enter Home into open Living Room looking out to the Exterior Decking and Lake Views. Living Room opens up to a Fabolous deck with Lake Views with Barbeque for Entertaining. Living Room also has a Gorgeous wood-burning fireplace and opens to the large Dining Room and Kitchen plus Game Room. Large Kitchen and Dining with plenty of room for family and friends. Property offers five bedrooms. Upper level has a huge Bedroom with open beams ceiling and Lake Views, could be a Master Bedroom with the Half Bath. Main level has a another Master Bedroom with en-suite and access to the main deck, plus Two more guest bedrooms with Full Bath. Lower level has another very large Bedroom with Romantic Fireplace and additional Bath with walk-in Tiled Shower, could be another Master bedroom. Laundry, Garage and Build-out also on the lower level plus additional Patio area. Property has area for fenced yard. Property also could be an invest property for a vacation rental. Lake Rights include Boating, Swimming, Fishing, Hiking, access to private beaches and more, ask the agent for more details. Property is close to Blue Jay and the Lake Arrowhead Village for shopping and dining. 15 Minutes to Skypark and 45 minutes to Snow Valley
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades K-5 • 5.7 mi
Grades K-5 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,890 | 2,126 |
| Lot Size | 9,999 | 9,850 |
| Price | $880.0K | $669.1K |
| Price per sq ft | $304 | $346 |
| Built year | 1968 | 1979 |
| HOA | $0 | $1.1K |
| Days on market | 44 | 92 |
Jun 8, 2026
$880,000
Initial Listing
Jun 30, 2022
$1,075,000
Public Record
Mar 1, 2021
$915,000
Public Record
Jan 30, 2003
$344,000
Public Record
Jul 15, 1999
$300,000
Public Record