
27844 Greenway Drive, Lake Arrowhead, CA 92352
27844 Greenway Drive, Lake Arrowhead, CA 92352
Property Description
Vintage lakefront retreat located in desirable historic neighborhood, just a short stroll to the included dock, water’s edge and local amenities! Sited beneath a canopy of mature Pines, Cedars, and Dogwoods, this beautifully preserved 1928 lakefront cottage blends timeless character with thoughtful updates—offering the ultimate year-round retreat for family and friends. Ideally located in a sought-after historic neighborhood, you're just a short stroll from your own private ½ double dock, the water’s edge, and beloved local amenities. The home’s inviting exterior features classic wood shingle siding and split granite accents, setting the stage for the warmth and charm found inside. Step into the spacious great room, where vaulted beamed ceilings, a striking red-rock fireplace, and panoramic French doors create a cozy yet expansive living area filled with natural light. These doors open to a stunning stone patio, where a seasonal creek meanders by—perfect for enjoying tranquil mornings or lively gatherings. The open layout seamlessly connects the updated kitchen, main living area, and serene outdoor spaces, making entertaining effortless. A cozy bunkroom with an adjacent bathroom and a separate workshop complete the main level. Up a small staircase is a peaceful bedroom with a charming bay window, along with a full bath. The upper level also offers two additional bedrooms—one a bright guest retreat with vaulted ceilings and skylights, the other an oversized primary suite tucked among the treetops. A fully remodeled bath and a flexible bonus room (ideal as an office, nursery, or den) complete the upper floor. This rare lakefront property features level pathways that lead to your private dock with a metal canopy, sitting area, and beach—just across from the iconic Lone Pine Island. In the opposite direction, the trail quickly leads to Burnt Mill Beach Club, a popular local brewery, and nearby resort. Additional highlights include a whole-house Generac generator, central air conditioning, a well-appointed single-car garage, and parking for 4+ vehicles. A true four-season getaway, this property is a rare opportunity to own a piece of lakefront paradise—blending historic charm with modern comfort in one of the mountain’s most cherished settings.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Lake Arrowhead · Single Family Residence
Listed 195.6% above the median closed sale of $742,500. Price per sqft ($916) is a 122% premium to closed comps ($413). Expect a longer timeline — comps averaged 135 days on market. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 28898 Palisades | Lake Arrowhead | 1985 | 4 | 3 | 1,797 | 4,080 | $1,252 | $2.25M | 193 | 66 |
| 700 Community | Lake Arrowhead | 1935 | 4 | 3 | 1,798 | 6,000 | $334 | $599,900 | 107 | 65 |
| 232 Sunset | Lake Arrowhead | 1960 | 3 | 2 | 1,800 | 4,030 | $264 | $475,000 | 9 | 64 |
| 27558 West Shore Road | Lake Arrowhead | 1961 | 4 | 3 | 1,848 | 6,500 | $643 | $1.19M | 139 | 63 |
| 334 Highland Drive | Lake Arrowhead | 1979 | 3 | 3 | 1,864 | 4,800 | $362 | $675,000 | 102 | 58 |
| Total: 5 · Average | 3.6 | 2.8 | 1,821.4 | 5,082 | $571 | $1.04M | 110 | |||
| Median | 1,800 | $675,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 202 Maple Drive | Lake Arrowhead | 1938 | 09/24/2026 | 3 | 2 | 1,885 | 4,800 | $795,000 | $742,500 | $394 | 0.93 | 130 | 70 |
| 309 Castle Gate Road | Lake Arrowhead | 1951 | 10/06/2026 | 4 | 3 | 2,019 | 8,420 | $689,500 | $635,000 | $315 | 0.92 | 203 | 67 |
| 311 John Muir | Lake Arrowhead | 1934 | 09/24/2026 | 4 | 4 | 2,227 | 7,200 | $1.45M | $1.45M | $651 | 1.00 | 32 | 65 |
| 1681 Culbertson Lane | Lake Arrowhead | 1996 | 10/06/2026 | 3 | 3 | 2,450 | 8,300 | $609,500 | $600,000 | $245 | 0.98 | 128 | 59 |
| 343 Garden | Lake Arrowhead | 2000 | 09/22/2026 | 5 | 3 | 2,498 | 3,500 | $1.23M | $1.15M | $460 | 0.94 | 184 | 59 |
| Total: 5 · Average | 3.8 | 3.0 | 2,215.8 | 6,444 | $915,500 | $915,500 | $413 | — | 135.4 | ||||
| Median | 2,227 | $742,500 | $742,500 | ||||||||||
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.