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292 North Fairway, Lake Arrowhead, CA 92352

$798K4bd · 4ba · 3,482 sqft
Lot 21,600 sqft•Single Family Residence•
Active
•137d on market•MLS# IG-26112403

Property Description

Nestled among towering pines & majestic oaks on a wooded half-acre lot in Lake Arrowhead’s prestigious Summit neighborhood, this custom-built home with coveted LAKE RIGHTS offers the perfect blend of mountain charm, comfort, & versatility. Lovingly maintained by the original owners, the property features spacious interiors, abundant natural light & peaceful forest surroundings. The main level includes an office/study with custom built-in bookshelves, formal dining room, and spacious kitchen with an island, walk-in pantry, abundant cabinetry, & sunny breakfast nook. The living room features a floor-to-ceiling brick wood-burning fireplace and a wall of windows that brings the outdoors in. Sliding glass doors from the living room and kitchen open to an expansive deck perfect for outdoor dining & relaxing among the trees. Upstairs, the spacious loft includes an artist’s studio with a utility sink & built-in cabinetry, plus additional flex space ideal for a game room, fitness area or creative retreat. The lower level hosts the primary suite with deck access, walk-in closet, & ensuite bath with soaking tub & separate shower. Three additional spacious bedrooms, a full bathroom, & laundry room provide comfortable accommodations for family and guests. The fully finished basement has been transformed into a private studio apartment with its own entrance, ideal for guests, multigenerational living, or rental income potential. Features include a fireplace, kitchenette, French-inspired bathroom, surround sound speakers, & sliding glass doors leading to a private outdoor area with peaceful forest views. Currently operating as a successful short-term rental, this versatile space offers excellent income potential. Adjacent to the studio is a woodworking/workshop area with a garage-style door. Additional highlights are a level-entry driveway, attached two-car garage, EV Charger, hardwood floors throughout, solar panel system, and central vacuum system. Located on a very quiet county-maintained road in a convenient commuter location, this exceptional home is situated in the highly sought-after Summit neighborhood, known for its upscale homes on spacious half-acre or more parcels and underground utilities. In springtime, the front yard comes alive with colorful tulips and daffodils. Owned & cherished by one family since its construction, this special mountain retreat offers a rare opportunity in one of Lake Arrowhead’s most desirable neighborhoods.

Features & Amenities

FeeBuilt 2000

Property Details

Land Type
Fee
Year Built
2000
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
6
Garage Spaces
2
Cooling
None
View
City Lights, Desert, Mountain(s), Trees/Woods
Flooring
Tile, Wood
Roof
Composition
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byUnknown Office, Alma Borcuk

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,035.12
Principal & Interest
Loan Amount
$638,400
Total Interest
$814,244
Total Payment Over 30 Years
$1,452,644
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

292 North Fairway, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$798K
Luxury Tier
Beds
4
Baths
4
Sqft
3,482
Lot
21,600 sqft
Year
2000
$/Sqft
$229
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 40.7% below the median closed sale of $1,345,000. Price per sqft ($229) is a 42% discount to closed comps ($396). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $798K· $229/sqft
Total list price
Closed comps
vs closed median $1.34M
−$547K (−40.7%)
Active comps
vs active median $949K
−$151K (−15.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $322
−$93 (−29.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
27555 North BayLake Arrowhead1974442,93410,327$409$1.20M5872
813 BrentwoodLake Arrowhead1989443,06517,046$285$875,00019766
27781 St Bernard LaneLake Arrowhead1993443,08710,452$307$949,00027166
173 Grizzly RoadLake Arrowhead2004443,0878,810$280$863,00022165
628 Grass Valley RoadLake Arrowhead1990532,94722,813$331$975,00012565
Total: 5 · Average4.23.83,02413,889.6$322.4$972,400174.4
Median3,065$949,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
26071 Walnut HillsLake Arrowhead199009/03/2026342,97820,240$1.20M$1.13M$3800.946383
1211 Yellowstone DriveLake Arrowhead197906/25/2026453,6149,750$1.40M$1.34M$3720.967872
27514 ShoreLake Arrowhead199609/09/2026543,11310,780$1.50M$1.50M$4821.004768
27547 Meadow Bay DriveLake Arrowhead198908/31/2026433,3778,150$1.66M$1.57M$4660.953266
888 TalismanLake Arrowhead197708/04/2026433,0129,600$850,000$840,000$2790.993364
Total: 5 · Average4.03.83,218.811,704$1.28M$1.28M$395.8—50.6
Median3,113$1.34M$1.34M

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.