267 Pheasant Run, Lake Arrowhead, CA 92321
What's special
Welcome to a luxurious Cedar Ridge estate with an attached guest house, set behind the gates of one of Lake Arrowhead’s premier estate communities. Positioned on a wooded 42,253-square-foot parcel—nearly an acre—with lake rights and low HOA fees, this private retreat offers exceptional space, seclusion, and versatility. Designed for entertaining and everyday living, the main residence features multiple gathering spaces. A formal living room welcomes you, while the casual living room off the kitchen is filled with natural light from oversized windows. A cozy fireplace and peaceful forest views create the perfect place to unwind. The formal dining room is currently styled as an entertainer’s bar and lounge but can easily return to a traditional dining space. The open kitchen features granite countertops, new stainless-steel appliances, generous cabinetry, and a seamless connection to the surrounding living areas. The spacious primary suite includes a spa-inspired bathroom with dual vanities, a glass-enclosed shower, and a Jacuzzi soaking tub recently refurbished with all-new jets and a new air switch. Generously sized guest rooms and well-appointed bathrooms provide comfort throughout. Outdoor living is where this property becomes unforgettable. The expansive upper deck offers room for dining and entertaining beneath mature trees, while the lower patio creates another inviting gathering area. A custom stone fireplace transforms the backyard into a private mountain resort—perfect for summer dinners, autumn evenings, and snowy nights by the fire. The attached guest house includes a large living area, full kitchen, dedicated laundry, and spacious private bedroom. It offers excellent flexibility for extended family, guests, a private workspace, or other permitted uses. Recent upgrades include new toilets throughout, a newer water main installed approximately 20 months ago, new kitchen appliances, the refurbished primary-bath Jacuzzi, and numerous additional improvements. A whole-house fan, whole-house generator, and abundant storage add convenience and peace of mind. More than a mountain home, this is a private retreat, an entertainer’s dream, and a flexible multigenerational estate. With its guest house, indoor-outdoor living, nearly one wooded acre, gated privacy, and coveted Lake Arrowhead lake rights, Cedar Ridge delivers an extraordinary lifestyle and rare value.
- 278 days |
- 370 |
- 20 |
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Meghan Hardin DRE #01975109 909-273-7074,
COLDWELL BANKER SKY RIDGE REALTY
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Bedroom, Basement, Den, Entry/Foyer, Family Room, Game Room, Guest Quarters, Great Room, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Office, Other
Primary bedroom
- Features: Primary Suite
Heating
- Central
Cooling
- Whole House Fan
Appliances
- Laundry: Laundry Room
Features
- Primary Suite, Walk-In Closet(s)
- Has basement: Yes
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,802 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 3
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 0.97 Acres
- Features: Back Yard, Front Yard, Garden, Lawn, Landscaped, Level
Details
- Parcel number: 0331501010000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Golf, Lake, Mountainous, Rural
- Subdivision: Arrowhead Woods (Awhw)
HOA
- Has HOA: Yes
- Amenities included: Maintenance Grounds
- HOA fee: $280 monthly
- HOA name: Cedar Ridge Estates Property Owners Association
- HOA phone: 909-621-5941
Location
- Region: Lake Arrowhead
Financial & listing details
- Price per square foot: $366/sqft
- Tax assessed value: $878,500
- Date on market: 12/11/2025
- Cumulative days on market: 278 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $1,390,000-4.1%$366/sqft |
Source: | ||
| 8/6/2026 | Price change | $1,450,000-3.3%$381/sqft |
Source: | ||
| 5/30/2026 | Price change | $1,500,000-4.5%$395/sqft |
Source: | ||
| 5/15/2026 | Price change | $1,570,000-1.6%$413/sqft |
Source: | ||
| 12/12/2025 | Listed for sale | $1,595,000+32.9%$420/sqft |
Source: | ||
| 11/13/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/7/2023 | Listed for rent | $4,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/7/2023 | Listed for rent | $4,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/6/2021 | Sold | $1,200,000-7.3%$316/sqft |
Source: | ||
| 12/18/2020 | Listed for sale | $1,294,500+1354.5%$340/sqft |
Source: Coldwell Banker Sky Ridge #2202183 Report a problem | ||
| 7/2/1998 | Sold | $89,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $878,500 |
| 2025 | $9,952 -0.3% | $878,500 -4% |
| 2024 | $9,980 +1% | $915,085 +2% |
| 2023 | $9,882 -25.9% | $897,142 -26.7% |
| 2022 | $13,329 +44.1% | $1,224,000 +45.9% |
| 2021 | $9,248 0% | $838,876 +1% |
| 2020 | $9,253 +2.8% | $830,274 +2% |
| 2019 | $9,005 +2.2% | $813,994 +2% |
| 2018 | $8,809 +1.9% | $798,033 +2% |
| 2017 | $8,643 | $782,386 +2% |
| 2016 | $8,643 +2.1% | $767,045 +1.5% |
| 2015 | $8,469 -2.6% | $755,524 +11.1% |
| 2014 | $8,694 | $680,000 +7.8% |
| 2013 | -- | $631,000 -12.7% |
| 2012 | -- | $722,918 +2% |
| 2011 | -- | $708,743 +0.8% |
| 2010 | -- | $703,446 -0.2% |
| 2009 | -- | $705,117 +2% |
| 2008 | -- | $691,291 +2% |
| 2007 | -- | $677,736 +2% |
| 2006 | -- | $664,447 +2% |
| 2005 | -- | $651,419 +2% |
| 2004 | -- | $638,646 +1.9% |
| 2003 | -- | $626,941 +2% |
| 2002 | -- | $614,648 +2% |
| 2001 | -- | $602,596 +93.9% |
| 2000 | -- | $310,780 |
Find assessor info on the county website
Monthly payment
Estimated market value
$1,344,100
$1.28M - $1.41M
$5,188/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.