
Lake Arrowhead, California 92352
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $635,000—positioned slightly above the $623,660 Fair Market Value. Despite the premium, the property offers significant stability with recent HVAC, A/C, and water heater upgrades and a Condition Rating of 3. Featuring full lake rights, an enchanting backyard with a new gazebo, and mountain views, this home is optimized for both lifestyle and short-term rental revenue. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 955 Teakwood Drive Subject 4 bd · 3 ba · 2,204 sqft · $278 | $625,000* List Price | 4 | 3 | 2,204 | $278 | - |
A 965 Sandalwood Drive Sold 3 bd · 3 ba · 2,030 sqft · $253 · 0.1 mi | $514,500 | 3 | 3 | 2,030 | $253 | 0.1 mi |
B 26855 Inyo Court Sold 3 bd · 3 ba · 2,268 sqft · $308 · 0.3 mi | $699,000 | 3 | 3 | 2,268 | $308 | 0.3 mi |
C 1078 Sandalwood Sold 3 bd · 3 ba · 2,192 sqft · $287 · 0.2 mi | $630,000 | 3 | 3 | 2,192 | $287 | 0.2 mi |
D 1268 Aleutian Drive Sold 4 bd · 2 ba · 2,119 sqft · $222 · 0.4 mi | $470,000 | 4 | 2 | 2,119 | $222 | 0.4 mi |
E 615 San Benito Sold 3 bd · 3 ba · 2,487 sqft · $229 · 0.7 mi | $570,000 | 3 | 3 | 2,487 | $229 | 0.7 mi |
F 1164 Klondike Sold 3 bd · 4 ba · 1,666 sqft · $339 · 0.3 mi | $565,000 | 3 | 4 | 1,666 | $339 | 0.3 mi |
G 27322 Matterhorn Sold 3 bd · 2 ba · 1,983 sqft · $353 · 0.3 mi | $700,000 | 3 | 2 | 1,983 | $353 | 0.3 mi |
H 1681 Culbertson Lane Sold 3 bd · 3 ba · 2,450 sqft · $245 · 0.9 mi | $600,000 | 3 | 3 | 2,450 | $245 | 0.9 mi |
I 1255 Aleutian Active 4 bd · 4 ba · 1,936 sqft · $320 · 0.4 mi | $620,000 List Price | 4 | 4 | 1,936 | $320 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1991, the property is well-maintained and move-in ready with significant recent system upgrades including a new HVAC, A/C, and hot water heater. The interior features updated flooring, neutral paint, and stone countertops in the kitchen and primary bathroom, offsetting the chronological age.
The property is offered turnkey furnished and features recent high-value upgrades, including a new HVAC system, A/C, and water heater, providing immediate move-in readiness for vacationers or investors.
Located in the prestigious Arrowhead Woods with full lake rights, this home offers close proximity to the Lake Arrowhead Country Club and golf course, significantly enhancing its recreational and rental appeal.
The lot features a rare flat backyard area with dual access for additional parking, complemented by an enchanting outdoor setup including a new gazebo, firepit, and expansive entertaining decks.
With over 300 days on the market and five price reductions, the property may face perception challenges regarding its market positioning despite the seller's current motivation.
The assigned elementary schools carry lower ratings (3/10 and 4/10), which could be a drawback for buyers looking to establish a primary residence with school-aged children.
Don’t miss out on this rare opportunity to own a refined, elegant - yet affordable treasure on Teakwood Drive. Just as Teakwood is known for its strength, beauty, and enduring quality - this Lake Rights residence reflects those same timeless characteristics. The home offers a warm and inviting atmosphere with spacious gathering areas, including a lovely living room, formal dining room, grand family room and a charming breakfast nook off the open kitchen. The floorplan flows effortlessly - creating an ideal setting for entertaining and everyday comfort. The primary suite features soaring ceilings, a beautiful bathroom and two oversized closets. Two architecturally unique guest rooms offer high ceilings and loft spaces, while the main-level fourth bedroom serves perfectly as a bunk room, office, or den. Tastefully furnished and decorated - the home enjoys stunning views throughout. The backyard is enchanting - with a new custom, snowproof gazebo, firepit table, large deck, romantic side balcony and inviting patios. A flat space off the access road provides additional parking, dual access and level entry with a pathway already in place. The attached two-car garage with additional storage adds convenience. The home is now offered turnkey furnished for an effortless transition. Recent upgrades include a new hot water heater, new HVAC and A/C, Nest Thermostat and Smart Home Door Lock. Situated on a county-plowed, paved and maintained road close to Lake Arrowhead Country Club, Hiking Trails and the Lake - this property also carries a strong history of seasonal Airbnb revenue. A refreshing retreat for vacations and a beautiful place to call home.
No exterior & parking available.
Grades PK-5 • 2.0 mi
Grades K-5 • 5.5 mi
Grades K-5 • 8.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,204 | 1,979.061 |
| Lot Size | 8,100 | 10,277.399 |
| Price | $625.0K | $643.6K |
| Price per sq ft | $284 | $338 |
| Built year | 1991 | 1978 |
| HOA | $0 | $614 |
| Days on market | 378 | 91 |
Sep 9, 2026
$625,000
$635,000
-2% Price Drop
Initial Listing
Jul 16, 2026
$635,000
$649,000
-2% Price Drop
Initial Listing
May 1, 2026
$649,000
$675,000
-4% Price Drop
Initial Listing
Mar 18, 2026
$675,000
$689,000
-2% Price Drop
Initial Listing
Dec 12, 2025
$689,000
$699,000
-1% Price Drop
Initial Listing
Oct 11, 2025
$699,000
Initial Listing
May 6, 2021
$605,000
Public Record
Oct 11, 2017
$382,000
Public Record
Mar 28, 2016
$343,000
Public Record
Sep 12, 2014
$295,000
Public Record
Jan 16, 2003
$280,000
Public Record
Mar 22, 2002
$250,000
Public Record