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267 Pheasant Run, Lake Arrowhead, CA 92352

$1.39M6bd · 5ba · 3,802 sqft
Lot 42,253 sqft•HOA $280/mo•Single Family Residence•
Active
•124d on market•MLS# IG-25274952

Property Description

Welcome to a luxurious Cedar Ridge estate with an attached guest house, set behind the gates of one of Lake Arrowhead’s premier estate communities. Positioned on a wooded 42,253-square-foot parcel—nearly an acre—with lake rights and low HOA fees, this private retreat offers exceptional space, seclusion, and versatility. Designed for entertaining and everyday living, the main residence features multiple gathering spaces. A formal living room welcomes you, while the casual living room off the kitchen is filled with natural light from oversized windows. A cozy fireplace and peaceful forest views create the perfect place to unwind. The formal dining room is currently styled as an entertainer’s bar and lounge but can easily return to a traditional dining space. The open kitchen features granite countertops, new stainless-steel appliances, generous cabinetry, and a seamless connection to the surrounding living areas. The spacious primary suite includes a spa-inspired bathroom with dual vanities, a glass-enclosed shower, and a Jacuzzi soaking tub recently refurbished with all-new jets and a new air switch. Generously sized guest rooms and well-appointed bathrooms provide comfort throughout. Outdoor living is where this property becomes unforgettable. The expansive upper deck offers room for dining and entertaining beneath mature trees, while the lower patio creates another inviting gathering area. A custom stone fireplace transforms the backyard into a private mountain resort—perfect for summer dinners, autumn evenings, and snowy nights by the fire. The attached guest house includes a large living area, full kitchen, dedicated laundry, and spacious private bedroom. It offers excellent flexibility for extended family, guests, a private workspace, or other permitted uses. Recent upgrades include new toilets throughout, a newer water main installed approximately 20 months ago, new kitchen appliances, the refurbished primary-bath Jacuzzi, and numerous additional improvements. A whole-house fan, whole-house generator, and abundant storage add convenience and peace of mind. More than a mountain home, this is a private retreat, an entertainer’s dream, and a flexible multigenerational estate. With its guest house, indoor-outdoor living, nearly one wooded acre, gated privacy, and coveted Lake Arrowhead lake rights, Cedar Ridge delivers an extraordinary lifestyle and rare value.

Features & Amenities

FeeBuilt 2000

Property Details

Land Type
Fee
Year Built
2000
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Whole House Fan
View
Mountain(s), Trees/Woods
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byCOLDWELL BANKER SKY RIDGE REALTY, Meghan Hardin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,028.60
Principal & Interest
Loan Amount
$1,112,000
Total Interest
$1,418,295
Total Payment Over 30 Years
$2,530,295
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

267 Pheasant Run, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$1.39M
Luxury Tier
Beds
6
Baths
5
Sqft
3,802
Lot
42,253 sqft
Year
2000
$/Sqft
$366
Pool: No✓
Spa: Yes✓
View: mountain✓
Garage: 3-car✓

Listed 4.5% above the median closed sale of $1,330,000. Price per sqft ($366) is a 13% discount to closed comps ($420). Expect a longer timeline — comps averaged 195 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.39M· $366/sqft
Total list price
Closed comps
vs closed median $1.33M
+$60K (+4.5%)
Active comps
vs active median $1.32M
+$65K (+4.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $627
−$261 (−41.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
355 Cedar Ridge DriveLake Arrowhead1992433,69942,708$338$1.25M20174
413 Cimarron LaneLake Arrowhead1984532,09323,119$645$1.35M9771
388 Primrose CircleLake Arrowhead2022652,7646,012$479$1.32M32067
28838 PalisadesLake Arrowhead1960331,8389,830$868$1.59M12557
373 John MuirLake Arrowhead1938321,5886,050$803$1.27M2346
Total: 5 · Average4.23.22,396.417,543.8$626.6$1.36M153.2
Median2,093$1.32M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29198 Pigeon Hawk LaneLake Arrowhead200211/19/2025454,10245,738$1.60M$1.53M$3740.963276
537 Canyon View RoadLake Arrowhead199505/22/2026443,95417,980$1.33M$1.26M$3200.9570875
483 EmeraldLake Arrowhead199810/14/2026443,41611,165$1.34M$1.33M$3890.996073
28710 BryceLake Arrowhead199207/09/2026433,19914,110$1.20M$1.27M$3971.066562
27937 West Shore RoadLake Arrowhead196712/10/2025442,33010,250$1.65M$1.45M$6220.8810957
Total: 5 · Average4.04.03,400.219,848.6$1.37M$1.37M$420.4—194.8
Median3,416$1.33M$1.33M

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.