189 St Hwy 173, Lake Arrowhead, CA 92352
189 St Hwy 173, Lake Arrowhead, CA 92352
Property Description
Gorgeous Arrowhead Woods home with Lake Rights and beautiful seasonal lake views from October through April, when the trees reveal the sparkling waters of Lake Arrowhead. Ideally located directly across the street from the lake, this charming mountain retreat offers one of the closest locations possible to the water without being waterfront. Enjoy a scenic 10-minute walk along the lake trail to Lake Arrowhead Village, where you can experience summer concerts, Oktoberfest festivities, lakeside dining, shopping, and year-round entertainment. This special property was once owned by the family of acclaimed actor Michael Douglas and offers front-row views of the spectacular Fourth of July fireworks right from the front porch. The home features 5 bedrooms, including a desirable main-level primary suite, plus a fully finished attic bedroom that provides additional space for guests, family, or a cozy retreat. With 2 full bathrooms and timeless Lake Arrowhead charm throughout, the home blends classic mountain character with modern comfort. Recent upgrades include all-new plumbing completed just a few years ago. The beautifully updated kitchen showcases quartz countertops, high-grade cabinetry, and an inviting layout perfect for entertaining. Dual-pane windows throughout the home provide energy efficiency and year-round comfort. Outside, towering mature trees create exceptional curb appeal and a peaceful mountain atmosphere. Two spacious decks offer wonderful outdoor living areas, including a large side deck ideal for gatherings and a welcoming front deck perfect for relaxing and enjoying the lake view. Convenient parking accommodates up to four vehicles, and after dark, traffic along Highway 173 becomes minimal, adding to the serene setting. Additional features include a whole-house generator for added peace of mind. Much of the furniture and TVs are included, making this a fantastic turnkey opportunity. Currently operating as a successful Airbnb with excellent reviews, this property offers both an incredible mountain getaway and a strong investment opportunity in one of Lake Arrowhead’s most desirable locations.
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Arrowhead · Single Family Residence
Listed 87.3% above the median closed sale of $614,000. Price per sqft ($589) is a 89% premium to closed comps ($311).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1308 Sequoia | Lake Arrowhead | 1968 | 4 | 2 | 1,704 | 7,800 | $357 | $609,000 | 95 | 76 |
| 238 Bluebell | Lake Arrowhead | 1951 | 5 | 2 | 1,640 | 6,850 | $441 | $724,000 | 205 | 74 |
| 363 Castle Gate | Lake Arrowhead | 1962 | 5 | 2 | 1,692 | 4,200 | $340 | $575,000 | 78 | 74 |
| 831 Madera Lane | Lake Arrowhead | 1981 | 4 | 2 | 1,768 | 8,580 | $311 | $549,000 | 28 | 73 |
| 750 Grass Valley | Lake Arrowhead | 1981 | 4 | 2 | 1,768 | 8,250 | $325 | $575,000 | 83 | 73 |
| Total: 5 · Average | 4.4 | 2.0 | 1,714.4 | 7,136 | $354.8 | $606,400 | 97.8 | |||
| Median | 1,704 | $575,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 309 Castle Gate Road | Lake Arrowhead | 1951 | 10/06/2026 | 4 | 3 | 2,019 | 8,420 | $689,500 | $635,000 | $315 | 0.92 | 203 | 83 |
| 27376 Alpen | Lake Arrowhead | 1966 | 09/24/2026 | 4 | 2 | 1,784 | 10,440 | $460,000 | $440,000 | $247 | 0.96 | 63 | 79 |
| 260 Burnt Mill | Lake Arrowhead | 1938 | 07/02/2026 | 4 | 3 | 1,640 | 7,800 | $619,000 | $614,000 | $374 | 0.99 | 57 | 74 |
| 352 Maple Drive | Lake Arrowhead | 1948 | 08/20/2026 | 4 | 2 | 1,850 | 4,000 | $650,000 | $630,000 | $341 | 0.97 | 59 | 72 |
| 27786 Matterhorn Drive | Lake Arrowhead | 1973 | 09/10/2026 | 4 | 2 | 2,106 | 10,625 | $575,000 | $585,000 | $278 | 1.02 | 183 | 72 |
| Total: 5 · Average | 4.0 | 2.4 | 1,879.8 | 8,257 | $580,800 | $580,800 | $311 | — | 113 | ||||
| Median | 1,850 | $614,000 | $614,000 | ||||||||||
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.