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For sale
  • $765,000

    1243 Grass Valley Rd, Lake Arrowhead, CA 92352

    4beds
    2,134sqft
    : 
    Single Family Residence
    Built in 1971
    7,840.8 Square Feet Lot
    $736,300 Zestimate®
    $358/sqft
    $-- HOA

    What's special

    Golf course vistasDramatic wood-burning fireplaceFenced backyardAmple parkingStunning stone wallSleek calacatta lux countertopsWarm inviting interior
    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 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 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.
    56 days
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    552
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    17
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    Zillow last checked: 20 hours ago

    Listed by:

    Taylor Kellstrom,

    NextHome Real Estate Rockstars

    Source: NextHome,MLS#: SR26031257MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Features
      • Has basement: No
      Interior area
      • Total structure area: 2,134
      • Total interior livable area: 2,134 sqft

      Property

      Lot
      • Size: 7,840.8 Square Feet
      Details
      • Parcel number: 0333842050000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1971

      Community & HOA

      Location
      • Region: Lake Arrowhead

      Financial & listing details

      • Price per square foot: $358/sqft
      • Tax assessed value: $530,604
      • Annual tax amount: $5,536
      • Date on market: 2/11/2026
      • Lease term: Contact For Details
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        Estimated market value

        $736,300

        $699,000 - $773,000

        $3,302/mo

        Price history

        Price history
        DateEventPrice
        2/11/2026Listed for sale$765,000+50%$358/sqft
        Source: NextHome #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

        Monthly payment

        Est. payment
        $4,391/mo
        Principal & interest
        $3671
        Property taxes
        $720
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          Climate risks

          Neighborhood: 92352

          Getting around

          7 / 100
          Car-Dependent
          1 / 100
          Somewhat Bikeable

          Nearby schools

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          Local experts in 92352

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