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403 Heliotrope Drive, Lake Arrowhead, CA 92352

$850K3bd · 2ba · 1,458 sqft
Lot 4,800 sqft•Single Family Residence•
Active
•1229d on market•MLS# CV-23091538

Property Description

Welcome to the charming 1942 Vintage Cottage nestled in the highly sought-after Palisades neighborhood of Lake Arrowhead. This storybook retreat exudes timeless appeal, showcasing an abundance of original details that transport you to a bygone era. Meticulously upgraded with modern conveniences like air conditioning and central heat, this home seamlessly blends the best of both worlds.As you approach the cottage, you are greeted by a picturesque sitting area in the front yard, complete with a cozy fire pit. From here, you can enjoy a glimpse of the lake, adding to the enchanting ambiance of the property. The neighborhood offers a peaceful escape from the hustle and bustle of daily life.Stepping inside, you are welcomed into a warm and inviting living space that exudes character. The interior features unique architectural elements, including exposed beams,hardwood floors, and rustic stone accents. The living room provides a comfortable retreat, ideal for relaxation and gatherings with loved ones.The cottage offers three bedrooms and two bathrooms, ensuring ample space for family and guests. Each bedroom boasts plenty of natural light. The bathrooms have been tastefully updated while maintaining the cottage's original charm, providing modern amenities for your comfort.One of the standout features of this property is the large driveway and single garage, offering generous parking space for up to four cars. You'll have ample room to park your boat alongside your cars. The garage also provides additional storage space.For those seeking an enhanced lakefront experience, the opportunity to purchase the brand new half double dock in the Palisades awaits. Just a short walk away, this additional feature provides exclusive access to the crystal-clear waters of Lake Arrowhead, allowing you to indulge in various water activities from your own private dock. Please note that the dock is available for an additional price.Adding to the appeal of this property, the cottage has a successful Airbnb history, allowing the buyer to seamlessly transition into managing the existing account. Whether you choose to continue this venture or simply enjoy the cottage as your private retreat, the option is yours.Don't miss the chance to own this exceptional 1942 Vintage Cottage in the desirable Palisades neighborhood. Immerse yourself in the enchanting atmosphere of Lake Arrowhead, where timeless charm meets modern comfort in this one-of-a-kind idyllic retreat. Most furnishings included.

Features & Amenities

FeeBuilt 1942

Property Details

Land Type
Fee
Year Built
1942
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central, Fireplace(s)
Cooling
Electric, ENERGY STAR Qualified Equipment
View
Lake, Mountain(s), Peek-A-Boo, Trees/Woods, Water
Flooring
Wood
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byBy Design Realty, Marisa DeGenaro

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,298.06
Principal & Interest
Loan Amount
$679,999
Total Interest
$867,301
Total Payment Over 30 Years
$1,547,300
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

Affordable Tier · 5 active · 5 closed

403 Heliotrope Drive, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$850K
Affordable Tier
Beds
3
Baths
2
Sqft
1,458
Lot
4,800 sqft
Year
1942
$/Sqft
$583
Pool: No✓
View: mountain✓
Garage: 1-car✓

Listed 64.7% above the median closed sale of $516,000. Price per sqft ($583) is a 56% premium to closed comps ($373).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $850K· $583/sqft
Total list price
Closed comps
vs closed median $516K
+$334K (+64.7%)
Active comps
vs active median $548K
+$302K (+55.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $445
+$138 (+31.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
248 OakLake Arrowhead1948321,2754,800$459$585,0009487
380 Dolly VardenLake Arrowhead1948321,2227,200$327$400,0008486
28901 PalisadesLake Arrowhead1938331,2214,420$676$825,000384
682 BuckinghamLake Arrowhead1979321,2803,780$312$399,0008181
225 FremontLake Arrowhead1964321,2125,200$452$548,00011579
Total: 5 · Average3.02.21,2425,080$445.2$551,40075.4
Median1,222$548,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
118 E LaneLake Arrowhead195509/25/2026321,37212,800$610,000$610,000$4451.005184
26211 SpyglassLake Arrowhead198409/10/2026321,49710,420$506,000$490,000$3270.9714680
358 Maple DriveLake Arrowhead199609/24/2026331,5183,000$524,900$516,000$3400.9813979
1359 Evergreen LaneLake Arrowhead197409/04/2026321,2082,420$395,000$415,000$3441.059178
676 Lake DriveLake Arrowhead200510/07/2026331,3744,212$579,000$560,000$4080.978778
Total: 5 · Average3.02.41,393.86,570.4$518,200$518,200$372.8—102.8
Median1,374$516,000$516,000

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.