1213 Montreal Drive, Lake Arrowhead, CA 92352
1213 Montreal Drive, Lake Arrowhead, CA 92352
Property Description
PRICE IMPROVED — Now $990,000. Beautifully updated 3,200 sq ft, 5-bedroom, 5-bath luxury retreat on a generous 0.41-acre lot in prestigious Arrowhead Woods. Modern comfort, expansive living spaces, and strong income potential as a fully permitted Short-Term Rental (STR). Standout Features • Deeded Lake Rights: private access to Lake Arrowhead, Tavern Bay Beach, beach clubs, boating, and waterfront recreation • Expansive wrap-around balcony and deck with dramatic pine tree and mountain views • Game room/den ideal for entertaining, movie nights, or a home office • Private access road with spacious grounds including park benches, picnic table, and shed (sauna conversion potential) • Three driveways, 3-car garage with showroom epoxy flooring, plus ample RV parking • Direct backyard path to elementary school, 2-minute drive to the lake, and 3-minute drive to hospital and fire station • Easily plowable road with delivery truck access; fully furnished option available. Interior: Gourmet kitchen with custom built-ins opens to a great room with fireplace — equally suited to quiet evenings and large gatherings. Primary suite with luxurious bath, jetted tub, and large walk-in closet. Upper level: three additional bedrooms and two full baths. Lower level: bedroom, full bath, and large bonus room (game room, office, theater, or private retreat). Separate laundry for full-size appliances. Recent Upgrades: New electrical panel, water heater, central A/C, all major appliances (refrigerator, freezer, stove, dishwasher, wine fridge, washer/dryer), commercial-grade toilets, faucets, sinks, countertops, hot tub, garage epoxy floor, advanced ventilation, basement flooring, ceiling fans, and designer lighting. Works as a primary residence, multigenerational home, or high-yield vacation rental. Active STR permit plus deeded lake rights deliver both lifestyle and investment value. Just 15 minutes from Lake Arrowhead Village, with world-class hiking, boating, skiing, biking, and off-roading nearby. Spectacular stargazing and mountain serenity. A rare turnkey opportunity — now priced under $1 million.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Lake Arrowhead · Single Family Residence
Listed in line with the median closed sale of $1,014,750. Closed comps sold at 95% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 178 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1298 Yellowstone Drive | Lake Arrowhead | 1975 | 4 | 6 | 2,751 | 14,610 | $400 | $1.10M | 83 | 83 |
| 28596 North Bay | Lake Arrowhead | 1977 | 4 | 3 | 2,784 | 7,800 | $309 | $859,000 | 176 | 80 |
| 1216 Kodiak | Lake Arrowhead | 1992 | 3 | 3 | 3,089 | 14,750 | $307 | $949,000 | 39 | 76 |
| 27788 West Shore | Lake Arrowhead | 1970 | 4 | 4 | 4,334 | 11,330 | $248 | $1.07M | 259 | 75 |
| 27781 St Bernard Lane | Lake Arrowhead | 1993 | 4 | 4 | 3,087 | 10,452 | $307 | $949,000 | 293 | 73 |
| Total: 5 · Average | 3.8 | 4.0 | 3,209 | 11,788.4 | $314.2 | $986,400 | 170 | |||
| Median | 3,087 | $949,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27801 St Bernard | Lake Arrowhead | 1985 | 08/06/2026 | 5 | 5 | 4,016 | 9,300 | $1.10M | $1.06M | $263 | 0.96 | 99 | 79 |
| 1027 Pintail Circle | Lake Arrowhead | 1999 | 07/02/2026 | 3 | 4 | 2,635 | 11,420 | $1.05M | $1.01M | $385 | 0.97 | 71 | 77 |
| 28125 Geneva Lane | Lake Arrowhead | 1977 | 10/05/2026 | 5 | 4 | 4,000 | 11,901 | $1.14M | $1.01M | $254 | 0.89 | 180 | 73 |
| 28966 North Shore Road | Lake Arrowhead | 2002 | 12/03/2025 | 4 | 3 | 2,373 | 10,119 | $895,000 | $850,000 | $358 | 0.95 | 508 | 72 |
| 27920 Matterhorn | Lake Arrowhead | 2006 | 09/15/2026 | 5 | 4 | 3,079 | 10,625 | $959,000 | $930,000 | $302 | 0.97 | 30 | 67 |
| Total: 5 · Average | 4.4 | 4.0 | 3,220.6 | 10,673 | $973,550 | $973,550 | $312.4 | — | 177.6 | ||||
| Median | 3,079 | $1.01M | $1.01M | ||||||||||
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.