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24888 Walters Drive, Idyllwild, California 92549, Idyllwild, 92549 - 3 bed, 2 bath

24888 Walters Drive, Idyllwild, California 92549 home-pic-0
ACTIVE$995,000
24888 Walters Drive, Idyllwild, California 92549
3Beds
2Baths
2,169Sqft
35,283Lot

Price Vs. Estimate

The estimated value ($905,295.245) is $89,704.755 (9%) lower than the list price ($995,000). 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 = 35283, living area = 2169.
Top Cons:
Pricing Discrepancy: The current list price of $995,000 is 9% above the estimated property value of $905,295, and has already seen a substantial reduction from its original list price of $1.25 million, suggesting potential overvaluation or market resistance.

Compared to the nearby listings

Price:$995.0K vs avg $513.8K (+$481,250)91%
Size:2,169 sqft vs avg 1,479 sqft78%
Price/sqft:$459 vs avg $35576%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property has been extensively 'reimagined throughout' with recent, high-quality renovations. The kitchen features modern white shaker cabinets, dark quartz countertops, and stainless steel appliances, all appearing new. The primary bathroom is 're-done' with a contemporary vanity, vessel sink, mosaic tile, and a separate spa tub and shower. Other significant upgrades include new HVAC, LVT flooring, automated solar shades, and owned solar, indicating minimal physical depreciation and meeting current quality standards. The overall aesthetic is modern and move-in ready, as confirmed by the images.
Year Built
2005
Close
-
List price
$995K
Original List price
$1.25M
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
219117057DA
Home ConditionExcellent
Features
Excellent View: Mountain(s), Panoramic, Trees/Woods
Deck
ViewMountain(s), Panoramic, Trees/Woods

About this home

Majestic Treetop Retreat! This home is the essence of modern mountain living, located on a private cul-de-sac high in the forest, just minutes from the charming village of Idyllwild. With stunning architecture & reimagined throughout, this home blends modern comfort with rustic charm. Offered furnished! Surrounded by breathtaking views & the beauty of nature, it offers a serene escape while remaining conveniently close to shops/dining. With its elegant design & high-end finishes, this is the perfect sanctuary for those seeking a refined mountain lifestyle.Extensive upgrades throughout! Some highlights are: Owned Solar, new HVAC, automated Solar shades, LVT flooring, stainless appliances, and so much more! (See attached list for details). Living & dining areas are on the main level - 2 patio decks provide 300-degree unobstructed views. Kitchen updated w/stainless appliances & quartz countertops. Views of the forest & granite boulders from the glass-enclosed dining room are breathtaking! Upper level has been re-designed to include a primary suite & a dedicated office with transitional bedroom space. Primary bathroom is re-done, with spa tub and separate shower. Office has built-in desk & separate Loft area with large table that converts to a Murphy bed - ideal for guests. Covered Carport & new carved-out areas allow parking for approx. 10 cars. Situated on .8 acre at approx. 6,200' elevation, this one-of-a-kind Shangri-la is ideal for a full-time home or mountain getaway!

Condition Rating
Excellent
Built in 2005, this property has been extensively 'reimagined throughout' with recent, high-quality renovations. The kitchen features modern white shaker cabinets, dark quartz countertops, and stainless steel appliances, all appearing new. The primary bathroom is 're-done' with a contemporary vanity, vessel sink, mosaic tile, and a separate spa tub and shower. Other significant upgrades include new HVAC, LVT flooring, automated solar shades, and owned solar, indicating minimal physical depreciation and meeting current quality standards. The overall aesthetic is modern and move-in ready, as confirmed by the images.
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 = 35283, living area = 2169.
Panoramic Views & Natural Setting: The property offers breathtaking 300-degree unobstructed views of the forest and granite boulders from multiple decks and a glass-enclosed dining room, providing a serene and majestic treetop retreat.
Extensive Modern Upgrades: Recently reimagined and extensively upgraded, the home features a new HVAC system, automated solar shades, LVT flooring, stainless steel appliances, quartz countertops, and a re-done primary bathroom with a spa tub and separate shower.
Owned Solar System: The inclusion of an owned solar system provides significant long-term energy cost savings and enhances the property's environmental appeal.
Versatile Living Spaces: The re-designed upper level includes a dedicated office with a built-in desk and a loft area featuring a Murphy bed, offering flexible space for work, guests, or additional living needs.
Ample Parking & Large Lot: Situated on a generous 0.8-acre lot, the property boasts a covered carport and newly carved-out areas, accommodating approximately 10 cars, which is a significant advantage for a mountain home.

Cons

Pricing Discrepancy: The current list price of $995,000 is 9% above the estimated property value of $905,295, and has already seen a substantial reduction from its original list price of $1.25 million, suggesting potential overvaluation or market resistance.
Extended Market Time: Having been on the market for approximately nine months (since September 2024), the property's extended market time may indicate challenges in attracting a buyer at the current price point or a niche market appeal.
Niche Market Appeal: While a strength for some, the property's secluded location on a private cul-de-sac high in the forest at 6,200 feet elevation may appeal to a specific buyer demographic, potentially limiting the overall pool of interested purchasers.

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