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329 Summit Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath

329 Summit Road, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$1,188,000
329 Summit Road, Lake Arrowhead, California 92352
3Beds
3Baths
2,065Sqft
5,150Lot
Year Built
1947
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$575
HOA
-
Days on market
-
Sold On
-
MLS number
IG25270154
Home ConditionFair
Features
Excellent View: Lake, Mountain(s), Trees/Woods
Deck
Patio
ViewLake, Mountain(s), Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.19M(82th), sqft - 2065(59th), beds - 3(50th), baths - 3(50th).

This home is an original "Old Arrowhead Charmer, vintage 1947, with a breathtaking Lake-View! And, it's very rare to find a "charmer" with so much of the original vintage character preserved, throughout. Yet, there are upgrades & creature comforts combined with a true classic look to make your life a breeze. Featuring a trex deck with long distance lake views. It's the perfect place for gathering with friends and family. The main house offers three bedrooms and two updated full baths with a large living room with wood-burning rock fireplace, updated kitchen, & separate laundry. Then, there's an absolutely fabulous large downstairs studio unit with and updated kitchen and full bath. And, the unit has it's own separate entrance with French doors and a patio. The entire estate is offered nearly turn-key furnished. Located on a cozy & quiet "no-through traffic" street and just up the street from the Lake Arrowhead Village, the lake & one of the three private beach clubs. This property currently has a STR permit that eases the permit process for the new owner.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.1mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•6.2mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.7mi
/10
Rim Virtual
Public,•K-8•0.6mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•1.4mi
6/10
Rim Of The World Senior High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
12/06/25
Listing
$1,188,000
02/04/22
Sold
$1,035,000
04/27/17
Sold
$550,000
02/15/02
Sold
$205,000
Condition Rating
Fair
Built in 1947, this property retains significant vintage character. While the description notes 'updated kitchens' and 'updated full baths,' the main kitchen, despite modern appliances, features older-style wood cabinets, a rustic backsplash, and dated lighting, suggesting a partial update rather than a full modern renovation. The bathrooms appear genuinely updated with modern vanities and tiling. Hardwood floors are well-maintained throughout. However, the property's age, the preserved vintage aesthetic in many areas, and the noted lack of a central cooling system prevent it from achieving a 'Good' score. It is well-maintained and move-in ready, but shows signs of being outdated in style and could benefit from further aesthetic updates.
Pros & Cons

Pros

Breathtaking Lake Views & Outdoor Living: The property boasts breathtaking long-distance lake, mountain, and tree views, enhanced by a Trex deck, perfect for relaxation and entertaining.
Income Potential / Guest Suite: Features a fabulous large downstairs studio unit with an updated kitchen, full bath, separate entrance, and patio, offering significant rental income potential or a private guest space. A current Short-Term Rental (STR) permit simplifies the process for a new owner.
Preserved Vintage Charm with Modern Upgrades: An original 'Old Arrowhead Charmer' from 1947, it retains much of its rare vintage character while incorporating modern upgrades and creature comforts, blending classic appeal with contemporary living.
Prime Location & Lake Access: Situated on a cozy, quiet 'no-through traffic' street, the home is conveniently located just up the street from Lake Arrowhead Village, the lake, and one of the three private beach clubs.
Turn-Key Furnished: The entire estate is offered nearly turn-key furnished, providing immediate occupancy and convenience for buyers, especially those seeking a vacation home or rental property.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2065, other record living area = 1589.
Age of Property: Built in 1947, the property's age, despite updates, may imply potential for higher maintenance costs or the need for future upgrades to core systems not explicitly mentioned as modernized.
Small Lot Size: With a lot size of 5150 sqft, the property offers limited outdoor space, which might be a consideration for buyers desiring larger yards or expansion potential.
Lack of Central Cooling System: While a wood-burning fireplace is mentioned for heating, the description does not specify a central heating system or any cooling system, which could be a drawback during warmer months or for year-round comfort.

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