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26974 Tunnel, Lake Arrowhead, CA 92352

$699K3bd · 2ba · 1,600 sqft
Lot 13,100 sqft•Single Family Residence•
Active
•116d on market•MLS# IG-26133095

Property Description

DRAMATIC PRICE IMPROVEMENT. LAKE RIGHTS. TURNKEY AND READY TO GO. Just steps from Grass Valley Lake, this classic Thunderbird is a standout example of one of Lake Arrowhead's most beloved architectural styles. Soaring ceilings, exposed beams, knotty pine, a dramatic wall of glass, and a striking antler chandelier create an unforgettable first impression. Natural light pours into the living spaces, highlighting the home's architectural character and connection to its surroundings. The main living area centers around a beautiful fireplace, offering a warm and inviting space to gather after a day on the lake, the golf course, or nearby trails. Rich wood accents and timeless mountain details evoke the feeling of a private lodge, while the thoughtful floor plan offers comfort and flexibility for everyday living or weekend escapes. The kitchen and dining area are well positioned for both casual meals and entertaining, creating a natural flow between the home's gathering spaces. A bedroom and full bath on the main level add convenience and flexibility, while downstairs, two additional bedrooms, a second full bath, and a secondary living area create an ideal setup for guests, extended family, or multi-generational living. Outside, two spacious decks extend the living space outdoors, offering front row seats to crisp mountain mornings, golden hour sunsets, and star filled evenings. Whether hosting friends for a summer barbecue or enjoying a quiet cup of coffee, these generous outdoor spaces provide the perfect place to slow down and take in the surroundings. Below, a seasonal creek winds through the property, adding a peaceful natural element and the soothing sound of running water during the wetter months. Set on approximately one third of an acre, the property offers a rare sense of space with room to further enhance the grounds or explore future possibilities. Desirable level parking and coveted lake rights add everyday convenience. Ideally located just steps from Grass Valley Lake and moments from the golf course and country club, the home places some of the area's most sought after recreational amenities within easy reach. Whether you're gathered around the fire on a snowy winter evening, enjoying the fresh mountain air from the deck, or spending the day on the lake with family and friends, this Thunderbird offers the kind of authentic mountain experience that never goes out of style.

Features & Amenities

FeeBuilt 1971

Property Details

Land Type
Fee
Year Built
1971
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
0
Heating
Central, Fireplace(s)
Cooling
Wall/Window Unit(s)
View
Creek/Stream, Trees/Woods
Flooring
Carpet, Wood
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byUnknown Office, Christen Sheridan

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

26974 Tunnel, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$699K
Residential Tier
Beds
3
Baths
2
Sqft
1,600
Lot
13,100 sqft
Year
1971
$/Sqft
$437
Pool: No✓
Spa: No✓
View: golf✓

Listed 62.6% above the median closed sale of $430,000. Price per sqft ($437) is a 50% premium to closed comps ($291). Closed comps sold at 92% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $699K· $437/sqft
Total list price
Closed comps
vs closed median $430K
+$269K (+62.6%)
Active comps
vs active median $545K
+$154K (+28.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $457
−$20 (−4.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1457 YosemiteLake Arrowhead1969321,20012,700$658$789,0007278
27809 North BayLake Arrowhead1972321,26013,420$452$569,00010678
1241 InnsbruckLake Arrowhead1975321,28011,700$390$499,00010478
26375 AugustaLake Arrowhead1979321,24810,900$437$545,00010275
401 Grass ValleyLake Arrowhead1979321,3009,400$346$450,0001175
Total: 5 · Average3.02.01,257.611,624$456.6$570,40079
Median1,260$545,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
175 MassiveLake Arrowhead198409/29/2026321,61410,500$440,000$430,000$2660.9818381
118 E LaneLake Arrowhead195509/25/2026321,37212,800$610,000$610,000$4451.005180
983 TeakwoodLake Arrowhead197909/20/2026321,6767,150$389,000$280,000$1670.722277
27376 AlpenLake Arrowhead196609/24/2026421,78410,440$460,000$440,000$2470.966377
1341 Calgary DriveLake Arrowhead197509/14/2026321,2049,750$425,000$395,000$3280.9310374
Total: 5 · Average3.22.01,53010,128$431,000$431,000$290.6—84.4
Median1,614$430,000$430,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.