27874 Matterhorn Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath

27874 Matterhorn Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$755,000
27874 Matterhorn Drive, Lake Arrowhead, California 92352
4Beds
4Baths
2,448Sqft
9,970Lot
Year Built
1966
Close
-
List price
$755K
Original List price
$755K
Price/Sqft
$308
HOA
-
Days on market
-
Sold On
-
MLS number
IG25261547
Home ConditionPoor
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros.

Welcome to 27874 Matterhorn Drive in beautiful Lake Arrowhead—a property brimming with possibilities. Whether you’re dreaming of a mountain retreat, seeking an investment opportunity, or both, this versatile A-frame home offers three potential income streams and the coveted Lake Rights of Arrowhead Woods. The main house features a spacious two-car garage and a private back deck surrounded by towering pines. Inside are three bedrooms plus a loft office, 1.5 baths. An extra-large driveway leads to the garage and can accommodate three to four additional vehicles on the driveway. In addition to the main residence, the property includes a separate one-bedroom apartment complete with its own kitchen, bath, living room, and laundry. A detached studio apartment is also located beneath the garage, featuring its own kitchen, bath, and laundry—perfect for an office, guest space, or another rental unit. With multiple parking areas, including a private driveway that fits up to three more cars, this home offers convenience for both residents and guests. Located in a sun-filled neighborhood and just minutes from Tavern Bay, this property blends comfort, flexibility, and income potential in one exceptional package. **NOTE: Please read photo caption. More photos will be available**

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.0mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.5mi
4/10
Charles Hoffman Elementary School
Public,K-57.5mi
5/10
Mary P. Henck Intermediate School
Public,6-81.1mi
/10
Rim Virtual
Public,K-81.8mi
6/10
Rim Of The World Senior High School
Public,9-122.9mi

Price History

Date
Event
Price
11/18/25
Listing
$755,000
06/14/05
Sold
$389,000
Condition Rating
Poor

Built in 1966, this property is over 50 years old. The main kitchen, as seen in the images, features very dated white appliances, laminate countertops, old white cabinets, sheet vinyl flooring, and fluorescent lighting, strongly suggesting it was last renovated 30-50 years ago, if at all. While some areas may have received minor updates (like the laminate flooring in one room), the overall condition, particularly in key areas like the kitchen, indicates a need for substantial repairs and rehabilitation to meet modern standards. The property analysis also highlights 'potential needs for significant updates to systems, finishes, and energy efficiency'.
Pros & Cons

Pros

Exceptional Income Potential: The property offers three distinct income streams, featuring a main house, a separate one-bedroom apartment, and a detached studio apartment, each with its own kitchen, bath, and laundry, making it ideal for investors or multi-generational living.
Coveted Lake Rights: Includes the highly desirable Lake Rights of Arrowhead Woods, providing exclusive access and enhancing the property's value and recreational opportunities.
Ample Parking: Features an extra-large driveway leading to a two-car garage, plus additional parking for 3-4 vehicles, accommodating residents and guests comfortably.
Desirable Location & Setting: Located in a sun-filled neighborhood, just minutes from Tavern Bay, and boasts a private back deck surrounded by towering pines, offering a serene mountain retreat atmosphere.
Versatile Use: The triplex configuration provides significant flexibility for use as a primary residence with rental income, a full investment property, or a spacious family compound.

Cons

Age of Property & Potential for Updates: Built in 1966, the property is over 50 years old, suggesting potential needs for significant updates to systems, finishes, and energy efficiency to meet modern standards.
Limited Visual Information: The listing notes 'More photos will be available,' which may indicate that the current visual representation is incomplete or does not fully showcase the property's current condition, potentially raising buyer questions.
Main House Bathroom Count: The main house, with three bedrooms plus a loft office, offers only 1.5 baths, which may be considered limited for a property of this size and potential occupancy.

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