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229 Oak Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 2 bath

229 Oak Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$395,000
229 Oak Drive, Lake Arrowhead, California 92352
2Beds
2Baths
1,029Sqft
5,530Lot

Price Vs. Estimate

The estimated value ($395,000) is $0 (0%) lower than the list price ($395,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location & Lake Rights: Prime location in Lake Arrowhead with coveted Lake Rights, walking distance to local amenities like shops and coffee, enhancing lifestyle and rental potential.
Top Cons:
Limited Square Footage: At 1029 sqft, the property offers relatively compact living space, which may not suit buyers looking for larger homes or more expansive rooms.

Compared to the nearby listings

Price:$395.0K vs avg $675.0K ($-280,000)8%
Size:1,029 sqft vs avg 1,933 sqft5%
Price/sqft:$384 vs avg $35159%

More Insights

Built in 1936 (89 years old).
Condition: Despite being built in 1936, this property has undergone extensive and recent renovations, including a remodeled kitchen with modern countertops, a farmhouse sink, and a stainless steel gas stove. Both bathrooms are updated, with one being newly added and featuring stylish fixtures and tile. The listing explicitly states 'new windows, updated electrical and plumbing and replacement of the main line to the street,' indicating significant investment in major systems. The hardwood and tile flooring throughout are in excellent condition, and light fixtures are modern. The comprehensive nature of these updates brings the property to a virtually new standard, meeting current quality expectations.
Year Built
1936
Close
-
List price
$395K
Original List price
$455K
Price/Sqft
$384
HOA
-
Days on market
-
Sold On
-
MLS number
IG25185677
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
Patio
ViewTrees/Woods

About this home

Charming Lake Arrowhead Home - Welcome to this adorable, remodeled cabin in Lake Rights of Arrowhead, walking distance to Jensons, Cedar Glen shops, across from the hottest coffee shop in town. Includes 2-bedrooms featuring 1 full bath on the main level, including a newly added 1/2 bath upstairs. Thoughtfully updated throughout, the home blends modern comfort with mountain charm. The main level offers an open living room with a cozy fireplace, hardwood floors, and a dining area off the remodeled kitchen, complete with slate tile, a coffee bar, and included appliances (refrigerator, gas stove, washer, and dryer). A convenient laundry room was added for convenience just off the kitchen. Upstairs, both bedrooms are light-filled, with one featuring the new half bath. Recent improvements include new windows, updated electrical and plumbing and replacement of the main line to the street, giving peace of mind for years to come. The large, flat lot is fully fenced, perfect for kids and pets, and provides ample off-street parking plus a parking deck. The home can also be offered fully furnished, making it move-in ready. Located in the Palisades of Lake Arrowhead, this property is ideal as a full-time residence, or vacation home.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.4mi
4/10
Charles Hoffman Elementary School
Public,•K-5•5.8mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•7.5mi
/10
Rim Virtual
Public,•K-8•1.9mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.3mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.5mi
Condition Rating
Excellent
Despite being built in 1936, this property has undergone extensive and recent renovations, including a remodeled kitchen with modern countertops, a farmhouse sink, and a stainless steel gas stove. Both bathrooms are updated, with one being newly added and featuring stylish fixtures and tile. The listing explicitly states 'new windows, updated electrical and plumbing and replacement of the main line to the street,' indicating significant investment in major systems. The hardwood and tile flooring throughout are in excellent condition, and light fixtures are modern. The comprehensive nature of these updates brings the property to a virtually new standard, meeting current quality expectations.
Pros & Cons

Pros

Exceptional Location & Lake Rights: Prime location in Lake Arrowhead with coveted Lake Rights, walking distance to local amenities like shops and coffee, enhancing lifestyle and rental potential.
Extensive Modern Updates: Significant recent renovations including new windows, updated electrical, plumbing, main line replacement, and a remodeled kitchen and added half-bath, providing peace of mind and modern comfort.
Turnkey & Furnished Option: The option to purchase fully furnished makes it an attractive, move-in ready property, especially appealing for vacation home buyers or those seeking immediate occupancy.
Desirable Outdoor Space & Parking: Features a large, flat, fully fenced lot ideal for families and pets, complemented by ample off-street parking and a dedicated parking deck.
Charming & Functional Interior: Blends mountain charm with modern functionality, featuring hardwood floors, a cozy fireplace, a remodeled kitchen with included appliances, and a convenient laundry room.

Cons

Limited Square Footage: At 1029 sqft, the property offers relatively compact living space, which may not suit buyers looking for larger homes or more expansive rooms.
Absence of Cooling System: The description does not mention any air conditioning or cooling system, which could be a significant discomfort during warmer periods in Lake Arrowhead.
History of Price Reductions: Multiple price drops from the original listing price ($455,000 to $395,000) could suggest initial overpricing or market resistance, potentially impacting perceived value or future appreciation.

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