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267 Pheasant Run, Lake Arrowhead, CA 92352

$1.39M6bd · 5ba · 3,802 sqft
Lot 42,253 sqft•HOA $280/mo•Single Family Residence•
Active
•102d on market•MLS# IG-25274952

Property Description

Welcome to a luxurious Cedar Ridge estate with an attached guest house, set behind the gates of one of Lake Arrowhead’s premier estate communities. Positioned on a wooded 42,253-square-foot parcel—nearly an acre—with lake rights and low HOA fees, this private retreat offers exceptional space, seclusion, and versatility. Designed for entertaining and everyday living, the main residence features multiple gathering spaces. A formal living room welcomes you, while the casual living room off the kitchen is filled with natural light from oversized windows. A cozy fireplace and peaceful forest views create the perfect place to unwind. The formal dining room is currently styled as an entertainer’s bar and lounge but can easily return to a traditional dining space. The open kitchen features granite countertops, new stainless-steel appliances, generous cabinetry, and a seamless connection to the surrounding living areas. The spacious primary suite includes a spa-inspired bathroom with dual vanities, a glass-enclosed shower, and a Jacuzzi soaking tub recently refurbished with all-new jets and a new air switch. Generously sized guest rooms and well-appointed bathrooms provide comfort throughout. Outdoor living is where this property becomes unforgettable. The expansive upper deck offers room for dining and entertaining beneath mature trees, while the lower patio creates another inviting gathering area. A custom stone fireplace transforms the backyard into a private mountain resort—perfect for summer dinners, autumn evenings, and snowy nights by the fire. The attached guest house includes a large living area, full kitchen, dedicated laundry, and spacious private bedroom. It offers excellent flexibility for extended family, guests, a private workspace, or other permitted uses. Recent upgrades include new toilets throughout, a newer water main installed approximately 20 months ago, new kitchen appliances, the refurbished primary-bath Jacuzzi, and numerous additional improvements. A whole-house fan, whole-house generator, and abundant storage add convenience and peace of mind. More than a mountain home, this is a private retreat, an entertainer’s dream, and a flexible multigenerational estate. With its guest house, indoor-outdoor living, nearly one wooded acre, gated privacy, and coveted Lake Arrowhead lake rights, Cedar Ridge delivers an extraordinary lifestyle and rare value.

Features & Amenities

FeeBuilt 2000

Property Details

Land Type
Fee
Year Built
2000
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Whole House Fan
View
Mountain(s), Trees/Woods
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byCOLDWELL BANKER SKY RIDGE REALTY, Meghan Hardin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,028.60
Principal & Interest
Loan Amount
$1,112,000
Total Interest
$1,418,295
Total Payment Over 30 Years
$2,530,295
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

Luxury Tier · 5 active · 5 closed

267 Pheasant Run, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$1.39M
Luxury Tier
Beds
6
Baths
5
Sqft
3,802
Lot
42,253 sqft
Year
2000
$/Sqft
$366
Pool: No✓
Spa: Yes✓
View: mountain✓
Garage: 3-car✓

Listed 31.4% above the median closed sale of $1,058,000. Price per sqft ($366) is a 22% premium to closed comps ($299). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 155 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.39M· $366/sqft
Total list price
Closed comps
vs closed median $1.06M
+$332K (+31.4%)
Active comps
vs active median $1.95M
−$559K (−28.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $491
−$125 (−25.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
26370 SpyglassLake Arrowhead1995653,20710,905$374$1.20M873
349 John MuirLake Arrowhead1981543,6486,486$534$1.95M3169
28411 North Shore RoadLake Arrowhead1958554,29445,750$696$2.99M10569
27598 Meadow BayLake Arrowhead1987533,8717,500$594$2.30M4468
775 MaderaLake Arrowhead1993543,3568,850$255$855,00015168
Total: 5 · Average5.24.23,675.215,898.2$490.6$1.86M67.8
Median3,648$1.95M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
183 ChipmunkLake Arrowhead199405/22/2026664,26521,200$1.20M$1.00M$2340.846277
27801 St BernardLake Arrowhead198508/06/2026554,0169,300$1.10M$1.06M$2630.969871
1184 AcadiaLake Arrowhead200609/08/2026654,39710,620$1.45M$1.35M$3070.9314558
28125 Geneva LaneLake Arrowhead197710/05/2026544,00011,900$1.14M$1.01M$2540.8917956
157 Brentwood DriveLake Arrowhead197606/23/2026553,9939,900$1.79M$1.75M$4380.9728954
Total: 5 · Average5.45.04,134.212,584$1.23M$1.23M$299.2—154.6
Median4,016$1.06M$1.06M

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.