Updated June 12, 2026 Pacific · refreshes monthly.
Lake rights are the binary of this market. Lake Arrowhead is a private lake, and only Arrowhead Woods property owners hold rights to use it. Without them a buyer cannot touch the water: no boating, no dock, no swimming. Every buyer asks me the same question. Are they worth it? Instead of guessing, I ran 509 closed sales from the last twelve months. Here is what the data says.
96% of single family homes that closed above $750K in this window had lake rights: 157 sales with, 6 without. If you are buying above $750K in Lake Arrowhead, you are almost certainly buying lake rights, whether you set out to or not.
The median lake rights home closed at $717,500. The median non-rights home closed at $435,000. That is a 65% gap. Part of that is the rights themselves. Part is composition: Arrowhead Woods holds most of the larger homes and all of the lakefront. The honest read is that lake rights homes occupy a different tier of this market.
Across all single family sales, lake rights homes ran +7.5% per square foot against non-rights homes. Inside comparable price bands it mostly disappears. The premium is real, but it shows up as which tier of the market a home sits in, not as a per square foot markup.
Lake rights homes took a median 72 days to sell. Non-rights homes took 64. Lake rights do not sell homes faster here. Price a rights home like it sells itself and it sits.
38 boat slips closed in this window. Every one of them sits in Arrowhead Woods, because that is the only place a private dock can exist on this lake.
| Band | n | Med. close | Med. $/sqft | Med. days on market | n | Med. close | Med. $/sqft | Med. days on market | $/sqft prem. |
|---|---|---|---|---|---|---|---|---|---|
| Lake rights | Non-rights | ||||||||
| under $500K | 49 | $456,500 | $300 | 93 | 43 | $387,000 | $318 | 50 | -5.7% |
| $500K to $750Klow sample | 126 | $612,500 | $323 | 68 | 14 | $601,500 | $326 | 91 | -0.8% |
| $750K to $1Mlow sample | 77 | $845,000 | $358 | 42 | 5 | $780,000 | $345 | 124 | +3.8% |
| $1M to $1.5Mlow sample | 35 | $1,216,000 | $430 | 80 | 1 | $1,312,000 | $450 | 17 | -4.5% |
| $1.5M and uplow sample | 45 | $2,125,000 | $651 | 72 | 0 | n/a | n/a | n/a | n/a |
Every figure in this table is a median, not an average. Medians resist distortion from a single outlier sale. Bands with fewer than 15 sales on either side are flagged low sample and should be read with caution.
Source: CRMLS closed sales, single family residence, City of Lake Arrowhead, trailing twelve months, computed June 2026. A sale counts as lake rights when its CRMLS subdivision is Arrowhead Woods, as recorded by the listing agent. Sales with a blank subdivision are excluded: 34 in this window. The numbers on this page recompute monthly from the same rule. Information deemed reliable but not guaranteed. Gregory Anderson, REALTOR®, CalDRE #01071792.
The full market picture lives on the Lake Arrowhead market data page, the all-communities comparison, and the Lake Arrowhead community guide.
I work these communities every day, and my probability engine, Sell Odds, tracks every sold and unsold outcome, so you can make better informed decisions. No other agent on the mountain can provide that. Guaranteed.