1021 Teakwood Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 4 bath

1021 Teakwood Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$999,000$2,667/sqft
Est. Value: $1,042,633
4%
BelowEstimate
1021 Teakwood Drive, Lake Arrowhead, California 92352
5Beds
4Baths
2,667Sqft
9,300Lot

Price Vs. Estimate

The estimated value ($1,042,632.685) is $43,632.685 (4%) higher than the list price ($999,000). This property may be underpriced.

Key pros and cons

Top Pros:
Brand New Construction & Contemporary Design: Built in 2024, this home offers a stylish, open-concept contemporary design with high-end architectural details such as high beamed ceilings, custom 8-foot doors, a sleek horizontal fireplace, and a floating staircase.
Top Cons:
No Explicit Garage Mention: The property description does not explicitly mention the presence of a garage, which could be a significant consideration for vehicle protection and storage, particularly in a mountain climate.

Compared to the nearby listings

Price:$999.0K vs avg $672.5K (+$326,500)78%
Size:2,667 sqft vs avg 1,979.5 sqft76%
Price/sqft:$375 vs avg $34459%

More Insights

Built in 2024 (2 years old).
Condition: This property is a newly built contemporary home (year_built: 2024), featuring a modern kitchen with new stainless steel appliances, sleek countertops, and stylish cabinetry. Bathrooms are also brand new with contemporary fixtures, glass-enclosed showers, and a freestanding tub in the primary suite. The home boasts modern flooring (polished concrete/epoxy and wood-look laminate), high-end finishes, solar panels, automated temperature control, and an electric car charger, indicating all components are new and meet current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
26632323
Home ConditionExcellent
Features
Good View: Courtyard, Mountain(s), Trees/Woods
Deck
Patio
ViewCourtyard, Mountain(s), Trees/Woods

About this home

Discover this newly built, stylish two-story contemporary home in the esteemed North Bay area, offering a fresh and inventive approach to mountain living. Positioned on a level corner lot at the end of a cul-de-sac, the home enjoys seclusion under a canopy of immaculate trees. Expansive sliding doors define the entire open-concept design, creating the street-level facade. Features include high beamed ceilings, custom 8-foot doors, a sleek 8-foot wide horizontal fireplace, and a floating staircase, along with a spacious street-level bedroom and full spa bathroom. A natural stone-embedded concrete patio stretches the length of the home's exterior, featuring a Zen garden and a pad for a jacuzzi at the end.Upstairs, four additional bedrooms and two baths offer breathtaking mountain and forest views, complemented by expansive decks. The unique primary bedroom boasts an open floor plan with a custom "loft" style wall separating the bedroom area from a vast walk-in/open closet. The exterior walls, constructed from reclaimed wood, are paired with state-of-the-art products and building materials, including solar panels and automated temperature control. Additional features include an electronic front door and an electric car charger. This energy-efficient smart home stands out as a rare gem in the Mountain Resort Communities of Lake Arrowhead.

G
George Sherf
Listing Agent

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.9mi
3/10
Valley Of Enchantment Elementary School
Public,K-55.6mi
4/10
Charles Hoffman Elementary School
Public,K-58.1mi
5/10
Mary P. Henck Intermediate School
Public,6-80.4mi
/10
Rim Virtual
Public,K-81.4mi
6/10
Rim Of The World Senior High School
Public,9-122.6mi

Price History

Date
Event
Price
06/05/96
Sold
$28,000
10/28/21
Sold
$103,000
08/06/19
Sold
$12,000
08/06/19
Sold
$40,000
09/18/03
Sold
$35,000
Condition Rating
Excellent

This property is a newly built contemporary home (year_built: 2024), featuring a modern kitchen with new stainless steel appliances, sleek countertops, and stylish cabinetry. Bathrooms are also brand new with contemporary fixtures, glass-enclosed showers, and a freestanding tub in the primary suite. The home boasts modern flooring (polished concrete/epoxy and wood-look laminate), high-end finishes, solar panels, automated temperature control, and an electric car charger, indicating all components are new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction & Contemporary Design: Built in 2024, this home offers a stylish, open-concept contemporary design with high-end architectural details such as high beamed ceilings, custom 8-foot doors, a sleek horizontal fireplace, and a floating staircase.
Energy Efficiency & Smart Home Integration: Equipped with state-of-the-art products including solar panels, automated temperature control, an electronic front door, and an electric car charger, making it an energy-efficient smart home.
Premium Location & Privacy: Positioned on a level corner lot at the end of a cul-de-sac in the esteemed North Bay area, providing seclusion under a canopy of trees and enhanced privacy.
Exceptional Views & Outdoor Amenities: Offers breathtaking mountain and forest views from multiple rooms and expansive decks, complemented by a natural stone-embedded concrete patio, Zen garden, and a pad for a jacuzzi.
Luxurious & Functional Layout: Features a spacious street-level bedroom with a full spa bathroom, and a unique primary suite upstairs with a 'loft' style open closet, providing ample space with 5 beds and 4 baths.

Cons

No Explicit Garage Mention: The property description does not explicitly mention the presence of a garage, which could be a significant consideration for vehicle protection and storage, particularly in a mountain climate.
Unique Primary Bedroom Design: The custom 'loft' style wall and 'open closet' in the primary bedroom, while unique, may not appeal to all buyers who prefer more traditional, enclosed storage for privacy and organization.
Potential for Limited Usable Yard Space: While the lot size is 9300 sqft, the extensive patio, Zen garden, and house footprint might result in a relatively compact area for a traditional lawn or extensive outdoor activities, which some buyers might desire.
Browse Properties by State Browse housing market trends by state