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402 Terrace Rd, Lake Arrowhead, CA, 92352

$750,000

Home List Price

$8,906*

Closing Credit

4 Bedrooms
3 Full Baths
1,918 SqFt
$391/SqFt
House

Location

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402 Terrace Rd, Lake Arrowhead$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1969
HeatingCentral
CoolingCentral Air
WaterfrontLake Privileges
FireplaceFamily Room, Living Room
ViewNeighborhood, Trees/Woods
MLS #IG25002622
Lot Size0.18 Acres
StatusActive

About 402 Terrace Rd

Beautiful, well cared for modified Bavarian with vaulted ceilings and 4 bedrooms in coveted location. This home will capture your heart with beautiful wood tongue and groove walls from the moment you walk in. There is a bedroom on the main, and full bath, updated kitchen with granite counter tops, stainless appliances, and bar top eating area open to the living/dining room. There is a main living room with fireplace and a family/game room with gas fireplace, vaulted ceilings and skylights to capture that natural light. Downstairs you will find a bedroom with 3/4 bath on-suite and private deck. Upstairs is 2 larger bedrooms both with vaulted ceilings and full bath. Inside the build up is a large storage area along with the laundry hookups. There is a deck right off the main floor, made with composite material allowing you to take in the treehouse setting. Home is also equipped with AC, many updates throughout including dual pane windows and newer electrical panel. The homes location is close to Highway 18, the Lake Arrowhead Village, brewery, lake trails and more. You are located within Lake Rights and this home has been a successful short term rental and will come fully furnished. Don't pass this one up today.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 3
  • Living Area: 1,918 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER SKY RIDGE REALTY
  • Office Phone: (951) 317-5019
  • Listing Agent: Michelle Calkins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Interior: Separate/Formal Dining Room, Furnished, Bedroom on Main Level
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Privileges
  • View: Neighborhood, Trees/Woods

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Sloped Up
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Access from Shady rd or Castle Gate, home is upslope

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $391/SqFt

Tax Information:

  • Annual Amount: $3,488
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Arrowhead, CA.

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Lake Arrowhead, CA

City

Med. Sold Price

$480.5K

Med. Price/SqFt

$321

Avg. Days On Market

96

# of Sold Homes

69

402 Terrace Rd vs Lake Arrowhead

3 DAYS ON ROCKET

-93 Days

$750,000

+$269.4K More

$391/SqFt

+$69 More

KEY TAKEAWAY

This property is $269.4K more than the Median Sold Price and $69/SqFt more than other homes in Lake Arrowhead, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IG25002622

Listing Office:

  • Office Name: COLDWELL BANKER SKY RIDGE REALTY
  • Office Phone: (951) 317-5019
  • Listing Agent: Michelle Calkins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/9/2025, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 20, 2021Home Sold
$650,000
Jul 27, 2012Home Sold
$257,500
Apr 01, 1996Home Sold
$151,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,488$292,944
2020$3,400$289,940
2019$3,404$284,255
2018$3,346$278,682
2017$3,286$273,218

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1532478
4
/10

  • Lake Arrowhead Elementary School

  • 1300 Golden Rule Ln

  • 2.11 miles

  • Public District Grades PK-5

school-card-donut-1532479
5
/10

  • Valley of Enchantment Elementary School

  • 22836 Fir Ln

  • 6.28 miles

  • Public District Grades PK-5

school-card-donut-1532480
5
/10

  • Charles Hoffman Elementary School

  • 2851 Running Springs Sch Rd

  • 6.62 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,455. The most common annual income of people living in Lake Arrowhead, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 Terrace Rd

What is the listing price of this property?

The listing price of 402 Terrace Rd property is $750,000.

What type of property is this?

The property 402 Terrace Rd is a house located in Lake Arrowhead, California, 92352.

Is this property for sale now?

Active Listing: 402 Terrace Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,488 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 20, 2021 for $650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 402 Terrace Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 402 Terrace Rd is 1,918 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 Terrace Rd is 1969.

Rocket Homes›California›San Bernardino County›Lake Arrowhead›92352›402 Terrace Rd

This home is located at 402 Terrace Rd in Lake Arrowhead, CA and zip code 92352. This 1,918 square foot home, which was built in 1969, sits on a 0.18 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $750,000.

While more than 12 listings in Lake Arrowhead, CA in December 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 42 were sold below. Between November 2024 and December 2024, Lake Arrowhead, CA real estate market has seen decrease in the number of listings by 4.4%. Listings spent 96 days on the market in December 2024, and had a median list price of $480,583 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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