1213 Montreal Drive, Lake Arrowhead, CA 92352
1213 Montreal Drive, Lake Arrowhead, CA 92352
Property Description
PRICE IMPROVED — Now $990,000. Beautifully updated 3,200 sq ft, 5-bedroom, 5-bath luxury retreat on a generous 0.41-acre lot in prestigious Arrowhead Woods. Modern comfort, expansive living spaces, and strong income potential as a fully permitted Short-Term Rental (STR). Standout Features • Deeded Lake Rights: private access to Lake Arrowhead, Tavern Bay Beach, beach clubs, boating, and waterfront recreation • Expansive wrap-around balcony and deck with dramatic pine tree and mountain views • Game room/den ideal for entertaining, movie nights, or a home office • Private access road with spacious grounds including park benches, picnic table, and shed (sauna conversion potential) • Three driveways, 3-car garage with showroom epoxy flooring, plus ample RV parking • Direct backyard path to elementary school, 2-minute drive to the lake, and 3-minute drive to hospital and fire station • Easily plowable road with delivery truck access; fully furnished option available. Interior: Gourmet kitchen with custom built-ins opens to a great room with fireplace — equally suited to quiet evenings and large gatherings. Primary suite with luxurious bath, jetted tub, and large walk-in closet. Upper level: three additional bedrooms and two full baths. Lower level: bedroom, full bath, and large bonus room (game room, office, theater, or private retreat). Separate laundry for full-size appliances. Recent Upgrades: New electrical panel, water heater, central A/C, all major appliances (refrigerator, freezer, stove, dishwasher, wine fridge, washer/dryer), commercial-grade toilets, faucets, sinks, countertops, hot tub, garage epoxy floor, advanced ventilation, basement flooring, ceiling fans, and designer lighting. Works as a primary residence, multigenerational home, or high-yield vacation rental. Active STR permit plus deeded lake rights deliver both lifestyle and investment value. Just 15 minutes from Lake Arrowhead Village, with world-class hiking, boating, skiing, biking, and off-roading nearby. Spectacular stargazing and mountain serenity. A rare turnkey opportunity — now priced under $1 million.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Lake Arrowhead · Single Family Residence
Listed 32.0% above the median closed sale of $750,000. Price per sqft ($311) is a 14% premium to closed comps ($273). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1298 Yellowstone Drive | Lake Arrowhead | 1975 | 4 | 6 | 2,751 | 14,610 | $400 | $1.10M | 61 | 81 |
| 374 Grass Valley Road | Lake Arrowhead | 1980 | 4 | 3 | 2,695 | 20,909 | $296 | $799,000 | 23 | 80 |
| 26621 Thunderbird | Lake Arrowhead | 1972 | 4 | 4 | 2,761 | 10,545 | $351 | $970,000 | 58 | 75 |
| 257 Corona Circle | Lake Arrowhead | 1963 | 4 | 4 | 2,922 | 10,236 | $359 | $1.05M | 163 | 75 |
| 260 El Dorado Drive | Lake Arrowhead | 1974 | 4 | 3 | 2,850 | 10,600 | $315 | $899,000 | 68 | 74 |
| Total: 5 · Average | 4.0 | 4.0 | 2,795.8 | 13,380 | $344.2 | $963,600 | 74.6 | |||
| Median | 2,761 | $970,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27814 North Bay | Lake Arrowhead | 1978 | 09/29/2026 | 4 | 4 | 2,990 | 15,000 | $689,000 | $655,000 | $219 | 0.95 | 220 | 84 |
| 28710 Bryce | Lake Arrowhead | 1992 | 07/09/2026 | 4 | 3 | 3,199 | 14,110 | $1.20M | $1.27M | $397 | 1.06 | 64 | 81 |
| 27808 Alpen Drive | Lake Arrowhead | 1981 | 08/26/2026 | 4 | 4 | 2,858 | 9,600 | $798,000 | $750,000 | $262 | 0.94 | 64 | 77 |
| 504 Millburn | Lake Arrowhead | 1930 | 09/08/2026 | 4 | 4 | 2,830 | 12,800 | $649,000 | $625,000 | $221 | 0.96 | 173 | 76 |
| 27535 St Bernard Lane | Lake Arrowhead | 1979 | 09/11/2026 | 4 | 3 | 2,834 | 9,000 | $785,000 | $760,000 | $268 | 0.97 | 20 | 74 |
| Total: 5 · Average | 4.0 | 3.6 | 2,942.2 | 12,102 | $812,000 | $812,000 | $273.4 | — | 108.2 | ||||
| Median | 2,858 | $750,000 | $750,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.