
292 North Fairway, Lake Arrowhead, CA 92352
292 North Fairway, Lake Arrowhead, CA 92352
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
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Lake Arrowhead · Single Family Residence
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 27555 North Bay | Lake Arrowhead | 1974 | 4 | 4 | 2,934 | 10,327 | $409 | $1.20M | 58 | 72 |
| 813 Brentwood | Lake Arrowhead | 1989 | 4 | 4 | 3,065 | 17,046 | $285 | $875,000 | 197 | 66 |
| 27781 St Bernard Lane | Lake Arrowhead | 1993 | 4 | 4 | 3,087 | 10,452 | $307 | $949,000 | 271 | 66 |
| 173 Grizzly Road | Lake Arrowhead | 2004 | 4 | 4 | 3,087 | 8,810 | $280 | $863,000 | 221 | 65 |
| 628 Grass Valley Road | Lake Arrowhead | 1990 | 5 | 3 | 2,947 | 22,813 | $331 | $975,000 | 125 | 65 |
| Total: 5 · Average | 4.2 | 3.8 | 3,024 | 13,889.6 | $322.4 | $972,400 | 174.4 | |||
| Median | 3,065 | $949,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26071 Walnut Hills | Lake Arrowhead | 1990 | 09/03/2026 | 3 | 4 | 2,978 | 20,240 | $1.20M | $1.13M | $380 | 0.94 | 63 | 83 |
| 1211 Yellowstone Drive | Lake Arrowhead | 1979 | 06/25/2026 | 4 | 5 | 3,614 | 9,750 | $1.40M | $1.34M | $372 | 0.96 | 78 | 72 |
| 27514 Shore | Lake Arrowhead | 1996 | 09/09/2026 | 5 | 4 | 3,113 | 10,780 | $1.50M | $1.50M | $482 | 1.00 | 47 | 68 |
| 27547 Meadow Bay Drive | Lake Arrowhead | 1989 | 08/31/2026 | 4 | 3 | 3,377 | 8,150 | $1.66M | $1.57M | $466 | 0.95 | 32 | 66 |
| 888 Talisman | Lake Arrowhead | 1977 | 08/04/2026 | 4 | 3 | 3,012 | 9,600 | $850,000 | $840,000 | $279 | 0.99 | 33 | 64 |
| Total: 5 · Average | 4.0 | 3.8 | 3,218.8 | 11,704 | $1.28M | $1.28M | $395.8 | — | 50.6 | ||||
| Median | 3,113 | $1.34M | $1.34M | ||||||||||
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.