551 Raccoon Court, Lake Arrowhead, California 92352, Lake Arrowhead, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$729,000
551 Raccoon Court, Lake Arrowhead, California 92352
3Beds
3Baths
1,590Sqft
14,490Lot
Year Built
1928
Close
-
List price
$729K
Original List price
$749K
Price/Sqft
-
HOA
$1,050
Days on market
-
Sold On
-
MLS number
IG25114482
Home ConditionExcellent
Features
Excellent View: Lake, Panoramic, Trees/Woods
Deck
ViewLake, Panoramic, Trees/Woods

About this home

Offered for the first time in years, this timeless 1928 mountain lodge is nestled in the coveted enclave of Crest Estates—a private, storybook neighborhood where listings rarely surface. Tucked among towering pines, this home blends rich historic character with refined modern upgrades. The moment you enter, you're greeted by soaring two-story trestle-beamed ceilings and a floor-to-ceiling rough-hewn granite fireplace that anchors the sun-drenched great room. Nearly every room—save the bathrooms—boasts sweeping panoramic views of Lake Arrowhead, stretching almost to the marina. The main level features a chef’s kitchen with brand-new, never-used appliances (still in protective wrap), custom cabinetry, and a statement powder room. A charming mid-stair window seat offers a moment of retreat with breathtaking views of both lake and forest. Upstairs, the primary suite reigns supreme with its own private balcony and open loft-style landing, creating a secluded sanctuary above it all. Downstairs, find a secondary bedroom and utility room with direct access to updated systems including FAU and a tankless water heater—plus space to add a bathroom. Outside, a fully renovated detached guest house provides studio-style luxury with its own lake views. While this property does not currently hold lake rights, consider pursuing them via an Arrowhead Woods lot purchase. In the meantime, you'll enjoy a setting so private, serene, and visually commanding it barely seems real. This is not just a home—it’s a legacy opportunity. Properties like this whisper through the market. By the time you hear them, they’re already gone.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-52.3mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.3mi
4/10
Charles Hoffman Elementary School
Public,K-56.5mi
/10
Rim Virtual
Public,K-80.7mi
5/10
Mary P. Henck Intermediate School
Public,6-81.7mi
6/10
Rim Of The World Senior High School
Public,9-121.1mi

Price History

Date
Event
Price
08/31/25
Price Change
$729,000
05/24/25
Listing
$749,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (214 Listings)
Beds33
50%
Baths33
50%
Square foot1,5901,974
26%
Lot Size14,4909,770
89%
Price$729K$670K
57%
Price per square foot$458$349
75%
Built year19281976
2%
HOA$1,050$1,800
13%
Days on market165177
40%
Condition Rating
Excellent

Despite being built in 1928, this property has undergone extensive and recent renovations, bringing it to an excellent condition. The description explicitly states 'refined modern upgrades,' 'brand-new, never-used appliances' in the chef's kitchen with custom cabinetry, and a 'fully renovated detached guest house.' Images confirm the kitchen features modern stainless steel appliances, contemporary cabinetry, and stylish finishes. Bathrooms also showcase modern tiling, fixtures, and vanities. Key systems like FAU and a tankless water heater have been updated. The flooring is a mix of modern LVP/laminate and clean carpet. This property meets current quality standards with virtually new components in critical areas, indicating minimal physical depreciation.
Pros & Cons

Pros

Panoramic Lake Views: Nearly every room offers sweeping panoramic views of Lake Arrowhead, extending almost to the marina, significantly enhancing the property's appeal.
Exclusive Location & Historic Charm: Nestled in the coveted, private Crest Estates, this timeless 1928 mountain lodge blends rich historic character with refined modern upgrades, offering a unique and rare opportunity.
Detached & Renovated Guest House: A fully renovated detached guest house provides studio-style luxury with its own lake views, offering versatility for guests, rental income, or a private office.
Modernized Interior & Systems: The property features a chef’s kitchen with brand-new, never-used appliances and custom cabinetry, alongside updated systems including FAU and a tankless water heater.
Architectural Character & Privacy: Boasting soaring two-story trestle-beamed ceilings, a floor-to-ceiling rough-hewn granite fireplace, and a private, serene setting among towering pines.

Cons

Lack of Lake Rights: The property does not currently hold lake rights, which is a significant drawback for a Lake Arrowhead property and may require additional investment to acquire.
Active Under Contract Status: The property is currently 'Active Under Contract,' limiting immediate availability for new offers and potentially reducing the pool of interested buyers.
Listing Price Exceeds Estimated Value: The current listing price of $729,000 is 5% higher than the property's estimated value of $692,029.20, which could be a point of negotiation or concern for buyers.

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