721 Ivy, Lake Arrowhead, CA 92352
721 Ivy, Lake Arrowhead, CA 92352
Property Description
Turnkey Lake Arrowhead Gem with Income Potential!Nestled on a quiet cul-de-sac surrounded by beautiful dogwoods, this remodeled mountain retreat combines charm, comfort, and opportunity. Enjoy level entry access, peek-a-boo lake views through the trees, and parking for three vehicles. Inside, you'll find a warm and inviting living space featuring a wood-burning fireplace, recessed lighting, dual-pane windows, and thoughtful upgrades throughout.Recent improvements include a new roof, vinyl siding, insulation, appliances, water heater, and wall heater. Offered furnished with select exclusions, this home is ready to enjoy from day one.The lower level features a separate entrance and is already partially configured for a potential second living area. With sewer access in place, the possibilities for guest quarters, multi-generational living, or income-producing use are substantial. With low quarterly HOA dues covering water, sewer, trash, snow removal, and road maintenance, this property delivers the mountain lifestyle buyers are seeking, whether as a primary residence, weekend escape, or investment opportunity. A rare opportunity to own a beautifully updated mountain retreat that blends tranquility, convenience, and exceptional future potential.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 2 active · 5 closed
Lake Arrowhead · Single Family Residence
Listed 9.5% above the median closed sale of $328,000. Price per sqft ($359) is a 42% premium to closed comps ($253). Closed comps sold at 102% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (2)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3127 Sage | Hanford | 1998 | 3 | 2 | 1,639 | 6,000 | $235 | $385,000 | 90 | 42 |
| 1174 Parkside Drive | Hanford | 2024 | 4 | 2 | 1,480 | 5,789 | $223 | $330,000 | 716 | 35 |
| Total: 2 · Average | 3.5 | 2.0 | 1,559.5 | 5,894.5 | $229 | $357,500 | 403 | |||
| Median | 1,639 | $385,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 124 Florinda | Hanford | 1902 | 09/11/2026 | 3 | 2 | 1,192 | 6,306 | $310,000 | $312,500 | $262 | 1.01 | 136 | 72 |
| 1145 Van Court | Hanford | 1984 | 10/13/2026 | 3 | 2 | 1,460 | 8,157 | $325,000 | $320,000 | $219 | 0.98 | 39 | 71 |
| 1229 Redington | Hanford | 1918 | 10/02/2026 | 3 | 2 | 1,260 | 4,500 | $315,000 | $328,000 | $260 | 1.04 | 35 | 71 |
| 2002 Woodridge | Hanford | 1955 | 06/04/2026 | 3 | 1 | 1,337 | 7,944 | $324,900 | $330,000 | $247 | 1.02 | 126 | 68 |
| 924 Greenwood | Hanford | 1989 | 05/15/2026 | 3 | 2 | 1,348 | 7,920 | $359,000 | $374,250 | $278 | 1.04 | 28 | 62 |
| Total: 5 · Average | 3.0 | 1.8 | 1,319.4 | 6,965.4 | $332,950 | $332,950 | $253.2 | — | 72.8 | ||||
| Median | 1,337 | $328,000 | $328,000 | ||||||||||
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.