971 Nadelhorn Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 2 bath
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Lake Arrowhead, California 92352
This Spacious Lakeview Residence is a Strong Value Opportunity, listed at $520,000—positioned well below the $573,476 Fair Market Value by 9%. This valuation gap offers $53,476 in Instant Equity for buyers willing to address minor deferred maintenance. Featuring Scenic Lake Views, an Updated Granite Kitchen, and a Condition Rating of 4, the 2,416 sqft interior provides immediate comfort with significant room for forced appreciation. Located in the Rim of the World District, it is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 971 Nadelhorn Drive Subject | $509,000* List Price | 4 | 2 | 2,416 | $215 | - |
A 781 Nadelhorn Drive Sold | $462,000 | 4 | 2 | 1,726 | $268 | 0.2 mi |
B 905 Madera Lane Sold | $527,500 | 3 | 3 | 2,358 | $224 | 0.8 mi |
C 27121 Peninsula Drive Sold | $380,000 | 3 | 2 | 1,452 | $262 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property features some significant interior updates including granite countertops in the kitchen, remodeled bathrooms, and dual-pane windows. However, the listing explicitly notes deferred maintenance including necessary exterior paint, deck repairs, and the need for new interior carpet and paint. While functional, the home requires minor to moderate repairs and cosmetic updates to meet modern move-in ready standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11200, living area = 2416.
The property features desirable lake views from the upstairs bedrooms and bathrooms, providing a premium mountain living experience at a highly competitive price point for the area.
Boasting over 2,400 sqft, the home includes an updated kitchen with granite countertops, remodeled bathrooms, and a convenient main-level bedroom and full bath, perfect for multi-generational living.
The home requires immediate attention to exterior paint and deck work, which will necessitate additional upfront capital and labor from the buyer.
Sold in its current state, the property needs cosmetic updates like new carpet and interior paint, and the 'as-is' status may limit certain traditional financing options.
LAKEVIEWS for Just $520k!! WOW!! This One is Perfect for a BIG FAMILY with 4 BEDROOMS and a BIG KITCHEN! Lake Views from the Bedrooms & Baths Upstairs! So Much Natural Light Throughout, Updated Kitchen and Baths and Great Parking for 3-4 Cars! The Oversized Living Room has an Amazing Rock Fireplace and is Open to the Dining Area & Updated Kitchen! Kitchen has Tons of Storage and Gorgeous Granite Countertops too! Dual Pane Windows Throughout & some Newer Flooring too! Bedroom and Full Bath on the Main Level… Master and 2 Other Bedrooms are Upstairs. Roll Up Your Sleeves to Take Care of Some Exterior Paint and Deck Work Needed, Plus a Little Carpet/Paint to Get an Awesome Value! This One is Really a GREAT Deal! Sold As-is. Call For Details!
No exterior & parking available.
Grades PK-5 • 1.7 mi
Grades K-5 • 5.8 mi
Grades K-5 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 2,416 | 1,964 | 67% |
| Lot Size | 11,200 | 9,857 | 70% |
| Price | $509.0K | $690.0K | 28% |
| Price per sq ft | $211 | $346 | 3% |
| Built year | 1977 | 1978 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 226 | 4% |
Mar 28, 2026
$509,000
$520,000
-2% Price Drop
Initial Listing
Feb 28, 2026
$520,000
Initial Listing
Jun 3, 2014
$290,000
Public Record
Nov 14, 2013
$155,000
Public Record
Oct 19, 1999
$143,000
Public Record