26963 Ca-189Lake Arrowhead, CA 92317

This exceptional 35.6-acre parcel in Blue Jay, California, presents a unique investment opportunity. Located at 26963 CA-189, Lake Arrowhead, CA 92317 (APN: 0335011370000), this property boasts a rich history as the former site of the Pacific Electric Company's retreat and later, the Pine View Lodge Resort. While the resort buildings are gone, the land retains its natural beauty, featuring approximately 27 acres of mature forest (estimated 138 years old) with diverse tree species including Canyon Live Oak, Ponderosa Pine, Coulter Pine, and California Black Oak, reaching heights up to 38 feet. Three natural springs are also reportedly present. The land is zoned RM-14000 and sits at an elevation ranging from 5,280 to 5,498 feet, mostly level with gentle upward slopes. Neighboring properties include the US Government to the south, a residential HOA to the west, and a private owner to the north. This versatile property offers various development possibilities, including custom home development (single or multi-unit), a zoning change for conservation (potentially qualifying for tax credits), a group use facility, or acquisition for carbon credit needs. The asking price is $1,798,800, and the sale is structured for a 1031 exchange. This is a rare chance to acquire a significant piece of land in the desirable Lake Arrowhead area, offering both historical significance and substantial development potential. The property is owned by a corporation.