29160 Arrowhead Drive, Cedar Glen, California 92321, Cedar Glen, - bed, bath
ACTIVE$334,000
29160 Arrowhead Drive, Cedar Glen, California 92321
2Beds
2Baths
1,012Sqft
2,695Lot
Year Built
1947
Close
-
List price
$334K
Original List price
$460K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
24400635
Home ConditionFair
Features
Good View: Panoramic
Deck
ViewPanoramic
About this home
Great opportunity to own this beautiful home. The home is already separated in two units one Bedroom one bathroom upper unit and one studio unit on the bottom level . The side lots are available for the purchase as well, one side lot is owned by the owner of this house . Great location with a chance to enjoy it or to rent it out for the short or long term as an investment property . The property is fully furnished and equipped so its ready for you to have a great time and opportunity to make a good income in the great area of the Lake Arrowhead and Snow Valley ski resort, just a 30 min drive to Big Bear lakes and ski resort .
Price History
Date
Event
Price
11/01/25
Price Change
$334,000-1.8%
08/29/25
Price Change
$340,000-2.9%
08/10/25
Price Change
$350,000
06/05/24
Listing
$460,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (10 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 45% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,012 | 1,230 | 36% |
| Lot Size | 2,695 | 6,940 | 18% |
| Price | $334K | $350K | 45% |
| Price per square foot | $330 | $333 | 45% |
| Built year | 1947 | 1947 | 50% |
| HOA | |||
| Days on market | 517 | 194 | 91% |
Condition Rating
Fair
The property, built in 1947, has received recent cosmetic updates including modern LVP flooring, white shaker-style kitchen cabinets with butcher block countertops, and updated bathroom fixtures and tile. These updates make the interior appear clean, functional, and move-in ready. However, the property's significant age (77 years) means the underlying structure and potentially major systems are considerably older. The visible wall heaters suggest a lack of central HVAC, indicating that not all major systems have been extensively renovated or brought up to modern standards. While the cosmetic renovations are appealing, the home is aged, and some major components show signs of being outdated, aligning it with a 'Fair' condition score.
Pros & Cons
Pros
Dual-Unit Configuration: The property is separated into two distinct units (1 bed/1 bath upper, 1 studio lower), offering immediate income potential or flexible living arrangements.
Prime Recreational Location: Situated in the desirable Lake Arrowhead area, with close proximity to Snow Valley and Big Bear ski resorts, enhancing its appeal for short-term rentals or vacation use.
Turnkey & Fully Furnished: Offered fully furnished and equipped, making it ready for immediate occupancy or rental without additional setup costs.
Expansion Potential: The availability of adjacent lots for purchase (one already owned by the seller) presents a unique opportunity for future expansion or increased property value.
Panoramic Views: The property boasts panoramic views, adding significant aesthetic value and desirability.
Cons
Age of Construction: Built in 1947, the property may require ongoing maintenance or updates to systems and aesthetics to meet modern standards.
Compact Size: With 1012 sqft on a 2695 sqft lot, the property and its land size are relatively small, which might limit appeal for buyers seeking more spacious living or outdoor areas.
History of Price Reductions: The property has undergone significant price reductions from its original listing of $460,000 to $334,000, suggesting potential challenges in market valuation or buyer interest.