5
Map
$4,900
↓ $800 (14%)
●
Land -
For Sale
299 Pine Drive
Cedar Glen, CA 92321
Studio
0 Bath
$25
Est. Monthly
About This Property
Buildable view lot in Cedar Glen, just minutes from Lake Arrowhead,
offering the chance to create a custom mountain retreat in a
peaceful alpine setting. The parcel is well suited for a hillside
or terraced home, a common and successful design throughout the
Arrowhead area, ideal for capturing views and privacy.
Approximately 40–60% of the lot is sloped, with the terrain
beginning just off the road and transitioning into flat space,
making this a true mountain build. The lot sits directly off a dirt
road, and an electrical pole is located on the property, providing
a head start on utilities. Per San Bernardino County, the lot is
buildable with submitted plans and standard approvals. Close to
Lake Arrowhead Village, hiking, dining, and seasonal recreation.
Ideal as a retreat, getaway, camping, or long-term investment for
the future in a desirable mountain community.
Unit Size
-
Days on Market
271 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #FR26016573)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2026 | Price Decreased |
$4,900
↓ $800
(14%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$5,700
↓ $2K
(26%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by Dombroski Realty | $7,700 | |
| Listed by Dombroski Realty | |||
Property Highlights
Exterior Details
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 2559
Lot Size Units: Square Feet
Lot Size Acres: 0.0587
Lot Size Square Feet: 2559
Lot Size Dimensions: 46' x 74' x 41' x 52'
Tax Lot: 9
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
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ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Lake Arrowhead
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Listed by: Brian Dombroski, Dombroski Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# FR26016573
Last Updated: 4 months ago
Data Source: CRMLS, MLS# FR26016573
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