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855 Lake Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath

855 Lake Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$585,000
855 Lake Drive, Lake Arrowhead, California 92352
3Beds
3Baths
1,422Sqft
5,390Lot
Year Built
1940
Close
-
List price
$585K
Original List price
$585K
Price/Sqft
$411
HOA
-
Days on market
-
Sold On
-
MLS number
IG25214193
Home ConditionGood
Features
Spa
Patio
ViewTrees/Woods

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $585.0K(35th), sqft - 1422(19th), beds - 3(50th), baths - 3(50th).

Welcome to a charming oasis located in the Arrowhead Villas of Lake Arrowhead. This delightful getaway is situated on a corner lot, offering plenty of parking and convenient walking distance to the Tudor House, known for its concerts, plays, and events. The main floor features a cozy living room, a well-equipped kitchen, a dining area, one bedroom, a 3/4 bath, and a laundry room. Upstairs, you'll find two beautiful rooms, each with a full bath en suite, providing comfort and privacy. The custom-fenced yard is perfect for relaxation and entertainment, boasting a newly built gazebo and spa. Equipped with an on-demand water heater, there is no shortage of hot water. Enjoy the serene surroundings and the convenience of modern amenities in this charming Arrowhead Villas home. Parking for up to 4 cars, current STR permit, newer retaining wall and fully fenced in yard - new paint inside. Photos of Lake Arrowhead are drone shots and do not reflect a view from the property. Property is also listed for full time rent.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.5mi
4/10
Charles Hoffman Elementary School
Public,•K-5•5.9mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•6.8mi
/10
Rim Virtual
Public,•K-8•1.3mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.3mi
6/10
Rim Of The World Senior High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
09/10/25
Listing
$585,000
Condition Rating
Good
Despite being built in 1940, this property has undergone significant recent updates and maintenance, making it move-in ready. The description highlights 'new paint inside,' 'newer retaining wall,' 'newly built gazebo and spa,' and an 'on-demand water heater,' indicating a well-maintained property. The kitchen, while featuring a traditional style with light yellow cabinets and black appliances, appears clean and well-equipped. The bathrooms are functional, clean, and feature beadboard walls and pedestal sinks, aligning with a charming cottage aesthetic rather than being severely outdated. The overall condition, including flooring (hardwood and carpet), light fixtures (ceiling fans, traditional chandelier), and exterior, suggests a property that has been consistently cared for and updated, exceeding the 'Fair' category's expectation of requiring minor updates or showing significant signs of being outdated.
Pros & Cons

Pros

Desirable Location & Accessibility: Situated on a corner lot with ample parking (up to 4 cars) and within convenient walking distance to the Tudor House, a local entertainment hub.
Proven Income Potential: The property holds a current Short-Term Rental (STR) permit, offering immediate revenue generation opportunities for investors.
Enhanced Outdoor Living: Features a custom-fenced yard boasting a newly built gazebo and spa, providing excellent spaces for relaxation and entertainment.
Recent Interior & Exterior Improvements: Benefits from new interior paint, a newer retaining wall, and a fully fenced yard, indicating recent investments in maintenance and aesthetics.
Modern Comforts & Functional Layout: Equipped with an on-demand water heater for continuous hot water and a practical layout including two upstairs bedrooms each with an en suite full bath for privacy.

Cons

Historic Construction: Built in 1940, the property may present challenges associated with older infrastructure, potential for higher maintenance, or less modern energy efficiency.
Absence of Lake View: The listing explicitly states that photos of Lake Arrowhead are drone shots and do not reflect a direct view from the property, which may be a drawback for some buyers.
Potential for Climate Control Limitations: There is no mention of a cooling system (e.g., air conditioning), which could be a comfort concern during warmer periods, particularly for a rental property.

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