292 Ponderosa Peak Road, Lake Arrowhead, California 92352, Lake Arrowhead, - bed, bath

home-pic
ACTIVE$2,650,000
292 Ponderosa Peak Road, Lake Arrowhead, California 92352
4Beds
5Baths
4,747Sqft
13,480Lot
Year Built
2023
Close
-
List price
$2.65M
Original List price
$3.5M
Price/Sqft
-
HOA
$115
Days on market
-
Sold On
-
MLS number
RW24217156
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s), Panoramic, Trees/Woods
Deck
ViewLake, Mountain(s), Panoramic, Trees/Woods

About this home

Welcome to Your Dream Home in Lake Arrowhead’s Newest Prestigious Community, Mill Pond! This home includes a detached Casita (ADU) with its own kitchenette, bedroom, and bathroom - perfect for guests or as a rental opportunity. Imagine waking up each day in this stunning, brand new home, perched at the top of a peaceful, private cul-de-sac in this exclusive gated community. This property offers complete privacy, jaw-dropping lake views, level entry, and a 2-car garage - a rare find in Lake Arrowhead. As you step inside, you’re greeted by an open-concept layout that seamlessly connects the kitchen to the spacious living room. Every room has a view of the Lake like no other home in the area. Enjoy the cozy fireplace or step outside the expansive sliding glass doors that lead to a large deck where you can soak in the incredible, uninterrupted views. For added convenience, the home features a 2 person elevator, ideal for easily moving between the main floor and upstairs, or using as a "dumbwaiter" to transport items. Upstairs, the primary bedroom serves as your private retreat, complete with a cozy fireplace and your very own private deck. Enjoy the spa-like bathroom featuring a bathtub positioned perfectly in front of a large window to capture stunning lake views. This floor also includes a convenient laundry room and an office space, perfect for working from home. The lower level offers even more living space, with a cozy second living area, a fireplace and large sliding glass doors that open up to a third expansive deck, two ensuite bedrooms, and a spacious game room. Mill Pond isn’t just a neighborhood, it’s a lifestyle. Nestled in the serene landscapes of Lake Arrowhead, this community offers a perfect blend of luxury and nature. Whether hiking, biking, or enjoying peaceful walks by the lake, outdoor adventure is right at your doorstep. Living in Mill Pond means you’re part of a secure, gated community with beautifully maintained grounds, just a short drive from shops, restaurants, and amenities. Prime dock rental location along with a 2022 Sea-Doo Switch sport boat available for additional purchase. This home isn’t just about luxury, it’s about embracing the Lake Arrowhead lifestyle.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.7mi
4/10
Charles Hoffman Elementary School
Public,K-55.6mi
3/10
Valley Of Enchantment Elementary School
Public,K-57.5mi
/10
Rim Virtual
Public,K-81.9mi
5/10
Mary P. Henck Intermediate School
Public,6-82.4mi
6/10
Rim Of The World Senior High School
Public,9-122.3mi

Price History

Date
Event
Price
10/02/25
Price Change
$2,650,000
10/19/24
Listing
$3,500,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (214 Listings)
Beds43
55%
Baths53
91%
Square foot4,7471,977
97%
Lot Size13,4809,770
84%
Price$2.65M$670K
95%
Price per square foot$558$349
87%
Built year20231976
98%
HOA$115$1,800
2%
Days on market381177
97%
Condition Rating
Excellent

This property was built in 2023, making it a brand new home. The description highlights it as 'stunning, brand new' and the images confirm modern, high-end finishes throughout. The kitchen features contemporary white cabinetry, sleek countertops, and integrated appliances, while the bathrooms boast a spa-like freestanding tub, modern vanities with lighted mirrors, and glass shower enclosures. All components, including flooring, lighting, and systems (like the elevator and split AC unit), are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation. The detached casita also presents new, modern amenities.
Pros & Cons

Pros

New Construction & Prestigious Community: A brand-new home (built 2023) situated in Mill Pond, Lake Arrowhead's newest prestigious and exclusive gated community, offering modern design and security.
Unrivaled Lake Views & Privacy: Boasts 'jaw-dropping,' 'uninterrupted' lake views from every room, complemented by complete privacy on a peaceful, private cul-de-sac.
Detached Casita (ADU) with Income Potential: Includes a valuable detached casita with a kitchenette, bedroom, and bathroom, providing excellent flexibility for guests, extended family, or potential rental income.
Luxury Amenities & Accessibility: Features a 2-person elevator for convenience, multiple fireplaces, expansive decks, a dedicated office, game room, and a rare 2-car garage, enhancing comfort and lifestyle.
Lake Arrowhead Lifestyle & Proximity: Offers a blend of luxury and nature within a secure, gated community, with easy access to outdoor activities, shops, restaurants, and amenities.

Cons

Significant Price Adjustment: The substantial reduction from the original list price of $3.5M to $2.65M suggests potential initial overpricing or market resistance, which may warrant further market analysis.
Ongoing Association Fees: The monthly association fee of $115 adds to the recurring costs of homeownership, which could be a consideration for budget-conscious buyers.
Additional Costs for Lake Access Amenities: While a 'prime dock rental location' and a '2022 Sea-Doo Switch sport boat' are available, they require 'additional purchase,' meaning these desirable lake amenities are not included in the property's list price.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State