
Lake Arrowhead, California 92352
This property presents a High-Potential Investment Opportunity with a List Price of $465,000—positioned well below the $520,000 Fair Market Value by 10.58%. This valuation gap offers $55,000 in Instant Equity for buyers willing to address the Fair Condition Rating through exterior and cosmetic updates. Featuring a Granite Kitchen, Lake Views, and a large 11,200 sqft lot, this asset provides significant upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value in the Rim of the World school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 971 Nadelhorn Drive Subject | $465,000* List Price | 4 | 2 | 2,416 | $192 | - |
A 27721 St Bernard Lane Sold | $545,000 | 3 | 3 | 2,390 | $228 | 0.6 mi |
B 1294 Kodiak Drive Sold | $537,500 | 3 | 3 | 2,222 | $242 | 0.5 mi |
C 1268 Aleutian Drive Sold | $470,000 | 4 | 2 | 2,119 | $222 | 0.5 mi |
D 983 Teakwood Active | $389,000 List Price | 3 | 2 | 1,676 | $232 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property features partial interior updates including granite countertops, vessel sinks, and some newer flooring. However, the listing explicitly mentions the need for exterior paint, deck repairs, and new carpeting, and is being sold 'as-is,' which aligns with the Fair criteria for needing minor repairs and updates.
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.
Offering 4 bedrooms and over 2,400 sqft at a competitive price point, this property provides significant square footage for large families or guests in the desirable Arrowhead Woods area.
The home features desirable views of Lake Arrowhead and the surrounding mountains from the upstairs bedrooms and bathrooms, significantly enhancing its appeal as a mountain retreat.
The property requires immediate attention to exterior paint and deck work, which may necessitate additional upfront capital and labor from the buyer.
Sold in its current state, the home needs cosmetic updates like new carpeting and interior paint, contributing to its extended 182-day tenure on the market.
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 |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,416 | 2,015.827 |
| Lot Size | 11,200 | 10,163.827 |
| Price | $465.0K | $655.9K |
| Price per sq ft | $192 | $341 |
| Built year | 1977 | 1980 |
| HOA | $0 | $544 |
| Days on market | 193 | 78 |
Aug 29, 2026
$465,000
$479,000
-3% Price Drop
Initial Listing
Aug 2, 2026
$479,000
$489,000
-2% Price Drop
Initial Listing
Jul 2, 2026
$489,000
$499,000
-2% Price Drop
Initial Listing
Jun 4, 2026
$499,000
$509,000
-2% Price Drop
Initial Listing
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