544 Community Drive, Lake Arrowhead, California 92352, Lake Arrowhead, - bed, bath
ACTIVE$250,000
544 Community Drive, Lake Arrowhead, California 92352
2Beds
1Bath
804Sqft
3,350Lot
Year Built
1928
Close
-
List price
$250K
Original List price
$320K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25159989
Home ConditionPoor
Features
Good View: Hills, Trees/Woods
Deck
ViewHills, Trees/Woods
About this home
Are you ready for your next great investment opportunity? We are thrilled to present this amazing property for you. This charming one-story home features a dining area and a spacious living room with a cozy fireplace, perfect for enjoying cozy evenings. The property includes three adjacent lots providing ample space for future expansions or additions, making it truly yours. Enjoy hassle-free living with water, trash collection, and snow removal all taken care of by the water company for a monthly fee. Don't miss out on this fantastic opportunity!
Nearby schools
4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.1mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.0mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•6.8mi
/10
Rim Virtual
Public,•K-8•1.2mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.0mi
6/10
Rim Of The World Senior High School
Public,•9-12•1.5mi
Price History
Date
Event
Price
08/26/25
Price Change
$250,000-21.9%
07/16/25
$320,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (218 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 11% |
| Baths | 1 | 3 | 3% |
| Square foot | 804 | 1,977 | 3% |
| Lot Size | 3,350 | 9,770 | 5% |
| Price | $250K | $670K | 1% |
| Price per square foot | $311 | $349 | 35% |
| Built year | 1928 | 1976 | 2% |
| HOA | |||
| Days on market | 113 | 178 | 20% |
Condition Rating
Poor
The property, built in 1928, exhibits significant signs of age and a lack of recent renovations. The kitchen features older white appliances and a dated brick backsplash, while the bathroom has a very basic, worn fiberglass shower stall. Exterior decking and stairs are in poor condition, requiring substantial repair and refinishing. While the home appears functional, it requires extensive rehabilitation and modernization of key areas to meet contemporary living standards, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Significant Price Reduction: The property has seen a substantial price drop from $320,000 to $250,000, indicating potential value for buyers or a motivated seller.
Expansion Potential: The inclusion of three adjacent lots provides ample space for future expansions, additions, or potential development, offering significant long-term value.
Hassle-Free Living Services: Water, trash collection, and snow removal are conveniently managed by the water company for a monthly fee, simplifying maintenance, especially in a mountain environment.
Charming Interior Features: The home features a spacious living room with a cozy fireplace, creating a warm and inviting atmosphere ideal for mountain retreats.
Natural Views: The property offers pleasant views of hills and trees/woods, enhancing its aesthetic appeal and connection to the natural surroundings of Lake Arrowhead.
Cons
Advanced Age of Property: Built in 1928, the home is nearly a century old, which likely means older systems and infrastructure that may require significant updates or renovations.
Compact Living Space: With only 804 sqft, 2 bedrooms, and 1 bathroom, the interior living space is quite small, which may limit its suitability for larger families or those desiring more extensive accommodations.
Ambiguous Lot Size: The stated lot size of 3350 sqft for 'three adjacent lots' is unusually small, suggesting either very compact individual lots or a potential discrepancy that warrants further investigation regarding actual usable space for expansion.