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For sale
  • Listing Provided by: NextHome Real Estate Rockstars
    Price cut: $15K (3/11)
    $750,000

    1243 Grass Valley Rd, Lake Arrowhead, CA 92352

    4beds
    2,134sqft
    : 
    Single Family Residence
    Built in 1971
    8,000 Square Feet Lot
    $728,400 Zestimate®
    $351/sqft
    $-- HOA

    What's special

    Golf course vistasDramatic wood-burning fireplaceFenced backyardSurrounded by fruit treesPrivate retreatPrivate bathroomsAmple parking
    Fully Furnished, Turn-Key Lake Arrowhead Airbnb with Lake Rights! Welcome to a rare mountain entertainer’s retreat where luxury and nature come together in the highly desirable Lake Arrowhead Woods community of Grass Valley. Perfectly situated between the main lake and the Country Club, this exceptional tri-level home offers coveted lake rights and a true resort-style experience.Featuring 4 bedrooms, 4 bathrooms, a spacious game room, and an upstairs loft/poker room, this home is designed for both relaxation and entertaining. Step inside to a warm, inviting interior highlighted by soaring wood-beam ceilings, rich cedar paneling, rustic mountain-style flooring, and a dramatic wood-burning fireplace that rises along a stunning stone wall, creating an atmosphere of charm and comfort. The entertainer’s kitchen is a showstopper, complete with sleek Calacatta Lux countertops, stainless steel appliances, and generous cabinet space—ideal for hosting gatherings or enjoying casual meals with family and friends. The primary suite is conveniently located on the main level, offering a private retreat, while the lower-level family suite features a separate entrance, private bathrooms, and a laundry room, making it perfect for an in-law suite or guest quarters. Outdoor living shines with a large wrap-around deck showcasing panoramic mountain views and golf course vistas. The fenced backyard, surrounded by fruit trees, provides a peaceful setting for outdoor dining, grilling, and relaxing under the stars. Dual access with two private driveways offers ample parking, plus space for a boat or jet skis.Located just minutes from Tavern Bay Beach Club, the lake, shopping, golf, tennis, pickleball, hiking trails, dining, and more, this home places you at the center of everything Lake Arrowhead has to offer. Whether used as a full-time residence, vacation home, or income-producing property, this retreat is ideal for hosting events, holidays, remote work, and weekend escapes. With transferable STR permits and current management in place, this Airbnb-ready property offers immediate income potential. Don’t miss this opportunity to own a premier mountain getaway—schedule your private showing today and experience Lake Arrowhead living at its finest.
    33 days
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    644
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    21
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    Zillow last checked: 8 hours ago

    Listing updated: March 11, 2026 at 07:23pm

    Listing Provided by:

    Taylor Kellstrom DRE #01934609 661-714-8915,

    NextHome Real Estate Rockstars

    Source: CRMLS,MLS#: SR26031257MLS LogoOriginating MLS: California Regional MLS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bonus Room, Bedroom, Entry/Foyer, Family Room, Game Room, Living Room, Primary Bathroom, Primary Bedroom, Pantry
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Granite Counters, Remodeled, Separate Shower, Tub Shower
    Kitchen
    • Features: Quartz Counters
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Water Heater
    • Laundry: Inside, Laundry Closet
    Features
    • Beamed Ceilings, Balcony, Eat-in Kitchen, Furnished, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Quartz Counters, Bedroom on Main Level, Main Level Primary, Walk-In Pantry
    • Flooring: Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,134 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Pool features: None
    • Has view: Yes
    • View description: Mountain(s), Neighborhood, Peek-A-Boo, Trees/Woods
    Lot
    • Size: 8,000 Square Feet
    • Features: Back Yard
    Details
    • Parcel number: 0333842050000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Fishing, Golf, Hiking, Lake, Mountainous, Near National Forest, Rural
    • Subdivision: Arrowhead Woods (Awhw)
    Location
    • Region: Lake Arrowhead

    Financial & listing details

    • Price per square foot: $351/sqft
    • Tax assessed value: $530,604
    • Annual tax amount: $5,536
    • Date on market: 2/11/2026
    • Cumulative days on market: 33 days
    • Listing terms: Submit
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $728,400

    $692,000 - $765,000

    $3,051/mo

    Price history

    Price history
    DateEventPrice
    3/11/2026Price change$750,000-2%$351/sqft
    Source: CRMLS #SR26031257 Report a problem
    2/11/2026Listed for sale$765,000+50%$358/sqft
    Source: CRMLS #SR26031257 Report a problem
    10/28/2022Sold$510,000-7.3%$239/sqft
    Source: Public Record Report a problem
    10/3/2022Pending sale$550,000$258/sqft
    Source: CRMLS #CV22141223 Report a problem
    9/21/2022Price change$550,000-8.2%$258/sqft
    Source: CRMLS #CV22141223 Report a problem
    6/28/2022Listed for sale$599,000+23.8%$281/sqft
    Source: CRMLS #CV22141223 Report a problem
    4/5/2021Sold$484,000+13.9%$227/sqft
    Source: Public Record Report a problem
    12/24/2020Contingent$425,000$199/sqft
    Source: CRMLS #EV20227271 Report a problem
    11/23/2020Pending sale$425,000$199/sqft
    Source: CENTURY 21 LOIS LAUER REALTY #EV20227271 Report a problem
    11/13/2020Listed for sale$425,000$199/sqft
    Source: CENTURY 21 LOIS LAUER REALTY #EV20227271 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$5,536 -5.1%$530,604 +2%
    2024$5,834 -14.3%$520,200 +2%
    2023$6,808 +21.7%$510,000 +3.3%
    2022$5,592 +206.2%$493,680 +241.8%
    2021$1,826 +0.2%$144,420 +1%
    2020$1,822 +2.4%$142,939 +2%
    2019$1,780 -3.3%$140,136 +2%
    2018$1,840 +1.6%$137,388 +2%
    2017$1,812 $134,694 +2%
    2016$1,812 +1.7%$132,053 +1.5%
    2015$1,782 -5.3%$130,069 +2%
    2014$1,881 $127,521 +0.5%
    2013-- $126,945 +2%
    2012-- $124,456 +2%
    2011-- $122,015 +0.8%
    2010-- $121,103 -0.2%
    2009-- $121,391 +2%
    2008-- $119,011 +2%
    2007-- $116,678 +2%
    2006-- $114,390 +2%
    2005-- $112,147 +2%
    2004-- $109,948 +1.9%
    2003-- $107,932 +2%
    2002-- $105,816 +2%
    2001-- $103,741 +2%
    2000-- $101,707

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $4,403/mo
    Principal & interest
    $3697
    Property taxes
    $706
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      Climate risks

      Neighborhood: 92352

      Getting around

      7 / 100
      Car-Dependent
      1 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 92352

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