240 Blue Lake Road, Lake Arrowhead, CA 92352
240 Blue Lake Road, Lake Arrowhead, CA 92352
Property Description
Nestled in a coveted first-tier location just minutes from Lake Arrowhead Village, this beautifully remodeled mountain retreat offers the perfect blend of luxury, comfort, and lake lifestyle — complete with a private single-slip dock and direct access to the ALA trail. Surrounded by towering trees and positioned across from the lakefront homes with peek-a-boo lake views, this exceptional property captures the essence of elevated mountain living. Step inside to soaring vaulted ceilings, dramatic prow-style architecture, and expansive windows that fill the home with natural light while framing the serene forest setting. Warm wood tones, custom paneling, and an inviting open-concept floor plan create an ideal environment for both relaxing and entertaining. The spacious living room is centered around an impressive floor-to-ceiling stone fireplace with a custom wood mantle, delivering the perfect mountain ambiance. The thoughtfully redesigned interior features four bedrooms, three full bathrooms, and a large family/game room with its own private entrance leading directly toward the lake trail and dock access. The chef’s kitchen is appointed with premium Sub-Zero and Wolf appliances including a Wolf induction cooktop and double ovens, custom cabinetry, and designer finishes throughout. Additional upgrades include Porcelanosa tile in the bathrooms, new dual-pane windows, luxury vinyl plank flooring, central heating and air conditioning, new gutters, and a stunning RH two-tier cascading antler chandelier that perfectly complements the home’s refined mountain aesthetic. Offered fully furnished with furnishings from RH, Pottery Barn & William Sonoma, this is a true turnkey opportunity. The property also offers dual access with ample parking from both Highway 173 and Blue Lake Road. Despite its convenient location, the home sits privately below the roadway with only a few easy steps to the front door. Whether you are searching for a full-time residence, luxury vacation home, or investment opportunity, this extraordinary Lake Arrowhead property is ready to enjoy immediately — just bring your suitcase and start experiencing lake life.
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 $2,575,000. Price per sqft ($1,001) is a 31% premium to closed comps ($764). Closed comps sold at 94% of list — buyers have negotiating leverage. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 304 Lake Knoll Drive | Lake Arrowhead | 1986 | 5 | 5 | 2,940 | 7,475 | $849 | $2.50M | 127 | 82 |
| 28906 Palisades Drive | Lake Arrowhead | 1958 | 4 | 4 | 2,120 | 4,420 | $1,273 | $2.70M | 214 | 78 |
| 27844 Greenway Drive | Lake Arrowhead | 1928 | 4 | 3 | 2,395 | 5,650 | $916 | $2.19M | 144 | 75 |
| 28898 Palisades | Lake Arrowhead | 1985 | 4 | 3 | 1,797 | 4,080 | $1,252 | $2.25M | 215 | 71 |
| 468 Sky View Ridge Drive | Lake Arrowhead | 1971 | 4 | 4 | 2,379 | 9,450 | $1,007 | $2.40M | 549 | 69 |
| Total: 5 · Average | 4.2 | 3.8 | 2,326.2 | 6,215 | $1,059.4 | $2.41M | 249.8 | |||
| Median | 2,379 | $2.40M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28027 Peninsula Drive | Lake Arrowhead | 1975 | 01/02/2026 | 4 | 3 | 3,520 | 9,200 | $2.90M | $2.65M | $753 | 0.92 | 118 | 71 |
| 28778 Palisades Drive | Lake Arrowhead | 1977 | 05/22/2026 | 3 | 4 | 2,228 | 6,850 | $3.25M | $2.90M | $1,302 | 0.89 | 35 | 71 |
| 161 Rocky Point Road | Lake Arrowhead | 1960 | 11/26/2025 | 4 | 4 | 3,720 | 9,975 | $2.50M | $2.55M | $685 | 1.02 | 126 | 63 |
| 292 Ponderosa Peak Road | Lake Arrowhead | 2023 | 05/01/2026 | 4 | 5 | 4,747 | 13,480 | $2.65M | $2.58M | $542 | 0.97 | 118 | 47 |
| 28963 Quail Run Drive | Lake Arrowhead | 1992 | 08/03/2026 | 5 | 4 | 4,261 | 90,169 | $2.50M | $2.30M | $540 | 0.92 | 74 | 45 |
| Total: 5 · Average | 4.0 | 4.0 | 3,695.2 | 25,934.8 | $2.60M | $2.60M | $764.4 | — | 94.2 | ||||
| Median | 3,720 | $2.58M | $2.58M | ||||||||||
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.