262 State Highway 173, Lake Arrowhead, California 92352, Lake Arrowhead, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$865,000
262 State Highway 173, Lake Arrowhead, California 92352
5Beds
4Baths
2,030Sqft
4,760Lot
Year Built
1926
Close
-
List price
$865K
Original List price
$865K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25169101
Home ConditionFair
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

Steps to the Lake & Village, this charming 1920s home is less than a 2 minute walk to the lake and just 4 minutes to the Village. Whether you're grabbing lunch, hopping on a boat, or taking a walk along the lake, everything you love about the mountain is right at your fingertips. With level entry, a two-car garage, and plenty of parking, the layout is comfortable and easy. The main floor features the kitchen, dining, and living areas, with access to a large deck surrounded by pines. A cozy stone fireplace, wood beamed ceilings, and natural light throughout make it feel warm and inviting. The primary bedroom is also on the main level for added convenience.Upstairs offers three additional bedrooms plus a bonus lounge that easily doubles as a fifth bedroom, bunk room, or playroom. With five bedrooms, four bathrooms, and the lake practically in your backyard, it's perfect for full time living or weekend escapes. Lovingly owned by the same family for over two decades, this home is full of heart and opportunity. Whether you're looking for a mountain escape, a vacation rental, or a rare chance to live steps from the water, this one is not to be missed.

Price History

Date
Event
Price
07/28/25
$865,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (218 Listings)
Beds53
85%
Baths43
80%
Square foot2,0301,998
53%
Lot Size4,7609,770
10%
Price$865K$675K
69%
Price per square foot$426$349
70%
Built year19261976
1%
HOA
Days on market101178
14%
Condition Rating
Fair

Built in 1926, this home has been well-maintained but shows significant signs of being outdated. The kitchen features oak-colored cabinets, white appliances, and laminate countertops, suggesting a renovation approximately 15-30 years ago. While functional and clean, it lacks modern styling and features. The flooring consists of clean but older-style carpeting and white tile. No bathroom images were provided, but based on the kitchen's condition, they are likely similarly dated. The property is livable and maintained, but would benefit from substantial cosmetic updates to meet current market expectations.
Pros & Cons

Pros

Exceptional Location: The property boasts an unparalleled location, being just steps from Lake Arrowhead and a 4-minute walk to the Village, offering immediate access to recreational activities, dining, and amenities.
High Income/Lifestyle Potential: Ideal for full-time living, weekend escapes, or as a lucrative vacation rental, this home offers significant versatility and investment potential in a desirable mountain community.
Spacious & Versatile Living: With five bedrooms, four bathrooms, and a flexible bonus lounge, the property provides ample space to comfortably accommodate large families or groups, enhancing its appeal for various uses.
Charming Architectural Details: Retaining its 1920s charm, the home features a cozy stone fireplace, wood-beamed ceilings, and abundant natural light, creating a warm and inviting mountain retreat atmosphere.
Convenient Access & Parking: The property offers practical amenities such as level entry, a two-car garage, additional parking, and a convenient main-level primary bedroom, enhancing ease of use and accessibility.

Cons

Age of Property & Potential for Outdated Systems: Built in 1926, the home is nearly a century old, which may imply potential for outdated infrastructure (e.g., electrical, plumbing, insulation) and the need for significant modernization or maintenance.
Highway Proximity & Noise: Located on State Highway 173, the property may experience increased road noise and traffic, potentially impacting the tranquility typically sought in a mountain retreat, especially during peak seasons.
Limited Modern Updates (Implied): While charming, the description does not highlight recent major renovations or modern amenities, and being 'lovingly owned by the same family for over two decades' could suggest a lack of contemporary updates, potentially requiring investment for modern tastes.

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