
229 Hemlock Drive, Lake Arrowhead, CA 92352
229 Hemlock Drive, Lake Arrowhead, CA 92352
Property Description
Originally built in 1948 and comprehensively renovated for modern living, 229 Hemlock is a Lake Arrowhead cottage where character, quality and ease come together beautifully. Set in the Palisades with lake rights and level access, the 4-bedroom, 3-bath home has been thoughtfully updated throughout, including new plumbing and electrical, dual-zone air conditioning, a Generac generator and reverse-osmosis water system. The interiors feel warm and collected rather than overly done, with inviting living spaces and a highly desirable main-level bedroom and bath designed with accessibility in mind—ideal for guests, multigenerational living or anyone who appreciates the convenience of single-level accommodations. Outside, the private grounds are an experience unto themselves, with a koi pond, saltwater spa, fire pit and outdoor dining beneath the trees. A separate lower-level flex space, currently used as a playroom, lends itself equally well to a home theater, game room or creative retreat, while two additional rooms and a bath above the garage provide exceptional flexibility for guests, work or future possibilities. Currently operated as The Lily Pond Cottage, the home also has an established history as a highly rated short-term vacation rental. Offered furnished as seen, this is an unusually effortless way to own in Lake Arrowhead: arrive with a suitcase and begin enjoying the house from day one.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Arrowhead · Single Family Residence
Listed 44.2% above the median closed sale of $780,000. Price per sqft ($566) is a 18% premium to closed comps ($478).
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 238 Maple Drive | Lake Arrowhead | 1936 | 4 | 2 | 1,659 | 4,800 | $473 | $785,000 | 139 | 82 |
| 394 Ca-173 | Lake Arrowhead | 1969 | 4 | 3 | 1,686 | 4,500 | $590 | $995,000 | 218 | 80 |
| 238 Bluebell | Lake Arrowhead | 1951 | 5 | 2 | 1,640 | 6,850 | $441 | $724,000 | 206 | 70 |
| 1296 Calgary Drive | Lake Arrowhead | 1970 | 4 | 3 | 1,640 | 16,275 | $365 | $599,000 | 55 | 66 |
| 28244 Arbon Lane | Lake Arrowhead | 2005 | 4 | 3 | 1,610 | 8,710 | $450 | $724,900 | 177 | 65 |
| Total: 5 · Average | 4.2 | 2.6 | 1,647 | 8,227 | $463.8 | $765,580 | 159 | |||
| Median | 1,640 | $724,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27780 Lakes Edge Road | Lake Arrowhead | 1930 | 10/08/2026 | 4 | 3 | 1,792 | 5,400 | $999,999 | $1.10M | $612 | 1.10 | 95 | 86 |
| 157 Bret Harte Road | Lake Arrowhead | 1956 | 09/08/2026 | 3 | 2 | 1,863 | 5,270 | $798,000 | $780,000 | $419 | 0.98 | 107 | 85 |
| 202 Maple Drive | Lake Arrowhead | 1938 | 09/24/2026 | 3 | 2 | 1,885 | 4,800 | $795,000 | $742,500 | $394 | 0.93 | 130 | 84 |
| 309 Castle Gate Road | Lake Arrowhead | 1951 | 10/06/2026 | 4 | 3 | 2,019 | 8,420 | $689,500 | $635,000 | $315 | 0.92 | 203 | 83 |
| 311 John Muir | Lake Arrowhead | 1934 | 09/24/2026 | 4 | 4 | 2,227 | 7,200 | $1.45M | $1.45M | $651 | 1.00 | 32 | 75 |
| Total: 5 · Average | 3.6 | 2.8 | 1,957.2 | 6,218 | $940,740 | $940,740 | $478.2 | — | 113.4 | ||||
| Median | 1,885 | $780,000 | $780,000 | ||||||||||
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.