1219 Klondike Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
ACTIVE$599,000
1219 Klondike Drive, Lake Arrowhead, California 92352
3Beds
2Baths
1,152Sqft
7,200Lot
Price Vs. Estimate
The estimated value ($271,793.75) is $327,206.25 (54%) lower than the list price ($599,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1152.
Top Cons:
Significant Valuation Discrepancy: The property's estimated value is considerably lower than the current listing price (estimation ratio -54%), suggesting potential overpricing or a challenging appraisal for financing.
Compared to the nearby listings
Price:$599.0K vs avg $675.0K ($-76,000)38%
Size:1,152 sqft vs avg 1,933 sqft8%
Price/sqft:$520 vs avg $35186%
More Insights
Built in 1972 (53 years old).
Condition: Built in 1972, this property has undergone recent renovations, including a beautifully refinished kitchen with modern stainless steel appliances, updated cabinetry, and contemporary finishes, as well as an updated, larger bathroom. The interior features modern flooring, recessed lighting, and a clean aesthetic, making it move-in ready with minimal wear and tear. While an unfinished pool room presents a future project, the main living areas are well-maintained and updated within the last 5-15 years, aligning with a 'Good' condition score.
Year Built
1972
Close
-
List price
$599K
Original List price
$649K
Price/Sqft
$520
HOA
-
Days on market
-
Sold On
-
MLS number
SW25019410
Home ConditionGood
Features
Excellent View: Desert, Mountain(s), Neighborhood, Panoramic, Valley, Trees/Woods
Deck
ViewDesert, Mountain(s), Neighborhood, Panoramic, Valley, Trees/Woods
About this home
!PRICE REDUCTION! Nestled near the end of a peaceful cul-de-sac, this charming mountain home offers an ideal family escape or a lucrative short-term rental opportunity. Featuring three bedrooms and two bathrooms, the property boasts near panoramic views that capture the essence of mountain living. The oversized garage provides ample space for a boat, perfect for taking advantage of the coveted lake rights. Additionally, the home includes an unfinished pool room with architectural plans ready to integrate it seamlessly into the main house. Recent renovations include an updated, larger bathroom and a beautifully refinished kitchen. Escape to the mountains and discover the endless possibilities this home has to offer!
Nearby schools
4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.9mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•5.6mi
4/10
Charles Hoffman Elementary School
Public,•K-5•8.3mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•0.6mi
/10
Rim Virtual
Public,•K-8•1.7mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.8mi
Condition Rating
Good
Built in 1972, this property has undergone recent renovations, including a beautifully refinished kitchen with modern stainless steel appliances, updated cabinetry, and contemporary finishes, as well as an updated, larger bathroom. The interior features modern flooring, recessed lighting, and a clean aesthetic, making it move-in ready with minimal wear and tear. While an unfinished pool room presents a future project, the main living areas are well-maintained and updated within the last 5-15 years, aligning with a 'Good' condition score.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1152.
Panoramic Mountain Views: The property offers desirable 'near panoramic views' of the mountains, valley, and trees, enhancing its appeal as a mountain escape.
Coveted Lake Rights: Inclusion of lake rights is a significant advantage in Lake Arrowhead, providing exclusive access to the private lake for recreation.
Recent Renovations: The home benefits from recent renovations, including an updated, larger bathroom and a beautifully refinished kitchen, reducing immediate upgrade needs for a buyer.
Expansion Potential: An unfinished pool room with architectural plans provides a clear opportunity for future expansion and value addition to the property.
Oversized Garage & Location: The oversized garage offers ample space, including for a boat, complementing the lake rights, and the peaceful cul-de-sac location adds to its desirability.
Cons
Significant Valuation Discrepancy: The property's estimated value is considerably lower than the current listing price (estimation ratio -54%), suggesting potential overpricing or a challenging appraisal for financing.
Smaller Square Footage: At 1152 sqft, the property is notably smaller than several comparable homes in the area, which might limit its perceived value and utility for some buyers.
Additional Investment Required for Pool Room: While offering expansion potential, the 'unfinished' nature of the pool room means the buyer will incur additional costs and effort to complete it, which is not included in the current price.