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27487 Matterhorn, Lake Arrowhead, CA 92352

$1.47M5bd · 5ba · 4,512 sqft
Lot 27,914 sqft•Single Family Residence•
Active
•163d on market•MLS# IG-26112741

Property Description

Welcome to “Black Bear Lodge” — an extraordinary 4,500 sq. ft. mountain estate offering luxury lodge living, panoramic mountain views, and coveted Lake Rights to the pristine private waters of Lake Arrowhead. The entire estate is wonderfully designed, crafted and maintained from the custom carved front door to the custom milled siding and of course the carved Yogi bear & lodge-pole railings. ~ This impressive 5 bedroom/5 bathroom retreat combines grand scale with warm mountain character, featuring an open floor plan designed for entertaining and comfortable multi-generational living. The level-entry main floor includes a spacious primary suite with fireplace and stone surrouned spa-tub. Soaring living spaces, and seamless indoor-outdoor flow to an extra-large deck overlooking breathtaking mountain scenery. ~ Designed for recreation and relaxation, the home features a huge game & theatre room, separate family room, plus a dedicated gym/office space — offering flexibility for gatherings, remote work, or vacation rental potential. ~ Situated on a beautifully landscaped and terraced double lot of over 1/2 acre, the grounds are truly one of a kind. Enjoy your own mini orchard with approximately 30 fruit trees, a stunning rose garden, and a Napa-style outdoor dining experience beneath vine-covered trellises. The fantastic outdoor kitchen creates the perfect setting for entertaining under the stars. ~ Additional amenities include a garage, covered parking, RV/boat parking, whole-house automatic generator, A/C, public utilities, and high-speed internet. Offered fully furnished & decorated so you can start enjoying right away! Located on a plowed and county-maintained road for convenient year-round access. ~ “Black Bear Lodge” offers the ultimate mountain lifestyle — combining privacy, luxury, outdoor beauty, and unforgettable entertaining spaces in one remarkable Lake Arrowhead retreat.

Features & Amenities

FeeBuilt 1992

Property Details

Land Type
Fee
Year Built
1992
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
6
Garage Spaces
2
Heating
Central, Forced Air
Cooling
Central Air
View
Mountain(s), Trees/Woods
Flooring
Carpet, Tile, Wood
Roof
Composition
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byRE/MAX LAKESIDE, Barry Lieberman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,433.12
Principal & Interest
Loan Amount
$1,176,000
Total Interest
$1,499,923
Total Payment Over 30 Years
$2,675,923
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

27487 Matterhorn, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$1.47M
Luxury Tier
Beds
5
Baths
5
Sqft
4,512
Lot
27,914 sqft
Year
1992
$/Sqft
$326
Pool: No✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed in line with the median closed sale of $1,450,000. Price per sqft ($326) is a 34% discount to closed comps ($497). Expect a longer timeline — comps averaged 121 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 $1.47M· $326/sqft
Total list price
Closed comps
vs closed median $1.45M
+$20K (+1.4%)
Active comps
vs active median $1.40M
+$71K (+5.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $416
−$90 (−21.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
27684 St BernardLake Arrowhead1987542,28010,000$614$1.40M6977
201 GrizzlyLake Arrowhead1985453,6189,420$387$1.40M2472
28476 North ShoreLake Arrowhead1980563,95217,170$379$1.50M8768
27427 PinewoodLake Arrowhead1980453,53519,782$367$1.30M9765
27421 Cedarwood DriveLake Arrowhead1983454,23211,200$331$1.40M26764
Total: 5 · Average4.45.03,523.413,514.4$415.6$1.40M108.8
Median3,618$1.40M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27937 West Shore RoadLake Arrowhead196712/10/2025442,33010,250$1.65M$1.45M$6220.8810969
27514 ShoreLake Arrowhead199609/09/2026543,11310,780$1.50M$1.50M$4821.004866
27506 North BayLake Arrowhead198912/02/2025543,44210,450$1.45M$1.32M$3850.913966
27550 North Bay RoadLake Arrowhead196909/22/2026542,72813,200$1.50M$1.45M$5320.9714065
27710 West Shore RoadLake Arrowhead196305/31/2026432,90010,000$1.35M$1.35M$4661.0027162
Total: 5 · Average4.63.82,902.610,936$1.42M$1.42M$497.4—121.4
Median2,900$1.45M$1.45M

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.