0 Black Oaks Dr Lake Arrowhead, CA 92352
This exceptional 143-acre property in picturesque Lake Arrowhead, California, presents a unique development opportunity. Originally planned as Black Oak Estates, this land comprises 109 parcels, totaling approximately 143 acres. The parcels include 107 buildable lots (approximately 63 acres) and two additional significant parcels: a 0.33-acre lot situated at the entrance to the Black Oak Estates area, and a substantial 82-acre parcel designated as Common Area Open Space. A reversion to acreage process is nearing completion, allowing for flexible development plans, potentially including a private family resort. Located within Arrowhead Woods, this property boasts coveted lake rights. The asking price for this expansive land holding is $19,888,000. This is a rare chance to acquire a large, prime residential development site in a highly desirable location. The property is situated in San Bernardino County, CA, zip code 92352, on Black Oaks Drive. The land offers significant potential for a discerning buyer seeking a large-scale development project in the beautiful Lake Arrowhead area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.