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173 Grizzly Road, Lake Arrowhead, CA 92352

$863K4bd · 4ba · 3,087 sqft
Lot 8,810 sqft•Single Family Residence•
Active
•222d on market•MLS# IG-26046972

Property Description

Beautifully maintained and thoughtfully designed — now with new decking throughout the entrance and main level — this spacious two-story residence in Lake Arrowhead's Arrowhead Woods neighborhood offers the space, flexibility, and setting that define elevated mountain living. With 4 bedrooms, 3 full bathrooms, and 1 half bath, the home blends comfort and functionality with a layout that lives beautifully year-round. Natural light fills the main living areas, where expansive windows frame peaceful tree views and create a seamless connection to the surrounding forest. The open flow between kitchen, dining, and living spaces makes everyday living feel effortless while providing the perfect backdrop for gathering with friends and family after a day on the lake or the trails. The kitchen anchors the home with a breakfast bar in the island, opening naturally into the main entertaining spaces. Generously sized bedrooms offer comfort and privacy, including a desirable main-level primary ensuite for ease and separation, plus a second ensuite bedroom on the lower level — ideal for guests, extended family, or multigenerational living. Additional bedrooms give family members room to spread out while keeping shared spaces easy to gather in. A charming reading nook adds warmth and architectural character, while the flexible floor plan supports a dedicated home office, creative studio, fitness space, or additional lounge — ideal for today's evolving lifestyle needs. The lower level, with its own separate entrance, offers real versatility: an enclosed room with electricity already run and durable sheet-metal interior walls, currently used for storage, with potential for future expansion (buyer to verify feasibility with the county). Set in peaceful Arrowhead Woods, the property reflects consistent pride of ownership and offers a rare combination of livability, condition, and long-term flexibility. This property carries lake rights, giving you optional access — with an ALA membership — to lakeside trails, private beach clubs, and boat dock rights, and the opportunity to fully embrace the lake lifestyle. A privately owned deepwater multi-slip dock is also available for purchase outside escrow — please inquire for details. Schedule your private tour today and experience mountain living at its best on Grizzly Rd.

Features & Amenities

FeeBuilt 2004

Property Details

Land Type
Fee
Year Built
2004
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
None
View
Mountain(s), Trees/Woods
Flooring
Carpet, Wood
Roof
Composition
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byRE/MAX BIG BEAR, Gina Thomas

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,363.80
Principal & Interest
Loan Amount
$690,400
Total Interest
$880,567
Total Payment Over 30 Years
$1,570,967
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

173 Grizzly Road, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$863K
Luxury Tier
Beds
4
Baths
4
Sqft
3,087
Lot
8,810 sqft
Year
2004
$/Sqft
$280
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 13.6% above the median closed sale of $760,000. Price per sqft ($280) is a 12% discount to closed comps ($320). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $863K· $280/sqft
Total list price
Closed comps
vs closed median $760K
+$103K (+13.6%)
Active comps
vs active median $899K
−$36K (−4.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $522
−$242 (−46.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28637 ShenandoahLake Arrowhead1999432,6529,420$339$899,00021790
359 John Muir RoadLake Arrowhead1973332,6637,250$712$1.90M4984
26215 SpyglassLake Arrowhead1987332,55012,000$273$695,0001082
240 Blue Lake RoadLake Arrowhead1971432,5488,090$1,001$2.55M14478
28669 Teton LaneLake Arrowhead1981532,55210,360$286$730,00014976
Total: 5 · Average3.83.02,5939,424$522.2$1.35M113.8
Median2,552$899,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27808 Alpen DriveLake Arrowhead198108/26/2026442,8589,600$798,000$750,000$2620.946485
27535 St Bernard LaneLake Arrowhead197909/11/2026432,8349,000$785,000$760,000$2680.972084
481 Bay View CourtLake Arrowhead202408/31/2026443,5038,210$1.90M$1.82M$5210.9625484
422 KlamathLake Arrowhead197108/21/2026433,0608,540$775,000$700,000$2290.906279
1034 TeakwoodLake Arrowhead200508/21/2026432,7549,000$899,000$883,000$3210.9816779
Total: 5 · Average4.03.43,001.88,870$983,600$983,600$320.2—113.4
Median2,858$760,000$760,000

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.