164 Birchwood Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath

164 Birchwood Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$639,000
164 Birchwood Drive, Lake Arrowhead, California 92352
3Beds
3Baths
1,558Sqft
8,000Lot

Price Vs. Estimate

The estimated value ($553,790.99) is $85,209.01 (13%) lower than the list price ($639,000). 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 = 8000, living area = 1558.
Top Cons:
Potential Overpricing: The current listing price is 7% higher than the automated property estimation value, suggesting it may be priced above current market expectations.

Compared to the nearby listings

Price:$639.0K vs avg $675.0K ($-36,000)43%
Size:1,558 sqft vs avg 1,933 sqft23%
Price/sqft:$410 vs avg $35168%

More Insights

Built in 1979 (46 years old).
Condition: Built in 1979, this property is well-maintained with notable updates in key areas. The kitchen has been tastefully remodeled with modern stainless steel appliances, a unique copper farmhouse sink, and updated cabinetry. One bathroom features a stylish clawfoot tub and a repurposed vanity with a vessel sink, showing a distinct, updated aesthetic. However, another bathroom appears dated with a standard tub/shower combo and older vanity. While the main living areas boast attractive hardwood flooring and a charming lodge style, the property's age (45 years) and the potential for original systems (as noted in the property analysis, including the absence of central AC) prevent it from reaching a 'Good' score. The updates are significant but not comprehensive enough to classify the entire home as extensively renovated within the last 5-15 years, aligning it more with a 'Fair' condition where it is aged but maintained with occasional updates, and some components show signs of being outdated.
Year Built
1979
Close
-
List price
$639K
Original List price
$650K
Price/Sqft
$410
HOA
-
Days on market
-
Sold On
-
MLS number
IG25191689
Home ConditionFair
Features
Excellent View: Lake, Mountain(s), Trees/Woods
Deck
ViewLake, Mountain(s), Trees/Woods

About this home

Location, location, location! Walk to the shoreline of Lake Arrowhead or to the charming town of Blue Jay from 164 Birchwood Dr. Tucked in the forest yet just one block off the main road you will find this stylish lodge style home. Featuring 3 bedrooms (plus a bonus room that's easily a 4th) and 3 full bathrooms, you will feel like you have space for the whole gang to spread out. Use it for yourself or as an investment; it's got proven rental income from an STR permit already! The main floor of the cabin is where you enter. Soak up the huge view from a two story wall of picture windows. Relax by the crackling fireplace and watch the snow fall around your cozy retreat. Or sit on the deck and look out over Blue Jay Bay on beautiful, private Lake Arrowhead. Large living room/dining room are adjacent to the kitchen, which has been remodeled with craftsman flair. There's a main floor bedroom and full bathroom. Upstairs are two bedrooms and bathroom featuring a claw foot tub to soak in. The lowest level of the house is accessed from inside or outside, if you prefer to utilize it as a separate unit. Make it a game room, bunk room or family room or turn it into a stand alone studio. A large wrap around deck invites you outside to enjoy serene the tree view. This great new listing can be purchased mostly furnished, allowing you to enjoy it from day one!

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-52.1mi
3/10
Valley Of Enchantment Elementary School
Public,K-55.8mi
4/10
Charles Hoffman Elementary School
Public,K-57.3mi
/10
Rim Virtual
Public,K-80.4mi
5/10
Mary P. Henck Intermediate School
Public,6-80.8mi
6/10
Rim Of The World Senior High School
Public,9-121.5mi
Condition Rating
Fair

Built in 1979, this property is well-maintained with notable updates in key areas. The kitchen has been tastefully remodeled with modern stainless steel appliances, a unique copper farmhouse sink, and updated cabinetry. One bathroom features a stylish clawfoot tub and a repurposed vanity with a vessel sink, showing a distinct, updated aesthetic. However, another bathroom appears dated with a standard tub/shower combo and older vanity. While the main living areas boast attractive hardwood flooring and a charming lodge style, the property's age (45 years) and the potential for original systems (as noted in the property analysis, including the absence of central AC) prevent it from reaching a 'Good' score. The updates are significant but not comprehensive enough to classify the entire home as extensively renovated within the last 5-15 years, aligning it more with a 'Fair' condition where it is aged but maintained with occasional updates, and some components show signs of being outdated.
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 = 8000, living area = 1558.
Prime Location & Accessibility: The property boasts an exceptional location, offering direct walkability to the Lake Arrowhead shoreline and the charming town of Blue Jay, while being nestled in a forest setting just off the main road for both convenience and tranquility.
Strong Investment Potential: Equipped with an existing Short-Term Rental (STR) permit and proven rental income, this property presents a compelling investment opportunity or a means to offset ownership expenses.
Expansive Lake & Forest Views: Featuring a two-story wall of picture windows and a large wrap-around deck, the home offers significant views of Blue Jay Bay on private Lake Arrowhead, mountains, and surrounding trees, greatly enhancing its appeal.
Flexible Living Spaces: With 3 bedrooms plus a bonus room (easily a 4th) and a versatile lower level accessible from inside or out, the property provides adaptable spaces for various uses, including a separate unit, game room, or studio.
Updated Kitchen & Furnished Option: The kitchen has been tastefully remodeled with craftsman flair, and the option to purchase the property mostly furnished allows for immediate occupancy and enjoyment without additional setup.

Cons

Potential Overpricing: The current listing price is 7% higher than the automated property estimation value, suggesting it may be priced above current market expectations.
Age of Property: Built in 1979, while the kitchen is remodeled, other systems and components of the home may be original and could require future maintenance, updates, or replacements.
Absence of Central Air Conditioning: There is no mention of a cooling system, which, despite being common in mountain regions, could be a drawback for some buyers during warmer periods or as climate patterns evolve.

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