26131 Lake Forest Drive, Twin Peaks, California 92391, Twin Peaks, 92391 - 3 bed, 3 bath

26131 Lake Forest Drive, Twin Peaks, California 92391 home-pic-0
ACTIVE$510,000
26131 Lake Forest Drive, Twin Peaks, California 92391
3Beds
3Baths
1,175Sqft
4,360Lot

Price Vs. Estimate

The estimated value ($429,571.145) is $80,428.855 (15%) lower than the list price ($510,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turn-key AirBnB Investment: The property comes with a permitted and transferable AirBnB license, fully furnished, and equipped with amenities, offering an outstanding opportunity for immediate rental income without significant upfront setup costs for the buyer.
Top Cons:
Overpriced Relative to Market Estimation: The listing price of $510,000 is 15% higher than the estimated property value of $429,571, which may indicate it is above current market comparables and could impact buyer interest or negotiation leverage.

Compared to the nearby listings

Price:$510.0K vs avg $380.0K (+$130,000)85%
Size:1,175 sqft vs avg 1,404 sqft36%
Price/sqft:$434 vs avg $26091%

More Insights

Built in 1979 (46 years old).
Condition: Built in 1979, this property has undergone a beautiful and extensive remodel, as evidenced by the modern kitchen with stainless steel appliances, contemporary shaker-style cabinets, light countertops, and subway tile backsplash. The bathrooms are also updated with modern vanities, fixtures, and tiling. Throughout the home, there is new-looking LVP flooring, recessed lighting, and ceiling fans. The description also notes a 'brand-new heater.' While the original structure is older, the significant and stylish renovations, coupled with the 'clean, well-maintained' condition, make it move-in ready and align well with the 'Good' score criteria for a property extensively renovated within the last 5 to 15 years.
Year Built
1979
Close
-
List price
$510K
Original List price
$510K
Price/Sqft
$434
HOA
-
Days on market
-
Sold On
-
MLS number
GD25170724
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Charming Furnished 2-Story Cabin in Twin Peaks - AirBnB Income Opportunity! Nestled in the serene woods of Twin Peaks, this beautifully remodeled 3-bedroom, 3-bathroom cabin offers an incredible opportunity for both personal enjoyment and income generation. With 1,175 SqFt of living space, this furnished home is fully equipped and ready to accommodate up to 8 guests — making it an ideal turn-key AirBnB investment. Inside, you'll find an open and inviting floor plan featuring a bright living room with a cozy fireplace, a complete dining area, and a modern kitchen with appliances included. Recessed lighting, ceiling fans, and a brand-new heater add to the home’s comfort, while the convenience of an indoor laundry area (washer and dryer included) makes it even more practical. Enjoy stunning views of the mountains, woods, and pine trees from every window or step out onto the spacious deck to breathe in the fresh mountain air. Entertainment amenities — including TVs, a Play Station for kids, BBQ, and security cameras — are all included in the sale along with stylish, newer furnishings. This clean, well-maintained property is located in a highly desirable area, offering easy access to all that Twin Peaks has to offer. Plus, it comes with a permitted and transferrable AirBnB license, making it an outstanding opportunity for immediate rental income. Whether you're looking for a mountain getaway, an investment property, or both, this welcoming home has it​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ all!

Condition Rating
Good

Built in 1979, this property has undergone a beautiful and extensive remodel, as evidenced by the modern kitchen with stainless steel appliances, contemporary shaker-style cabinets, light countertops, and subway tile backsplash. The bathrooms are also updated with modern vanities, fixtures, and tiling. Throughout the home, there is new-looking LVP flooring, recessed lighting, and ceiling fans. The description also notes a 'brand-new heater.' While the original structure is older, the significant and stylish renovations, coupled with the 'clean, well-maintained' condition, make it move-in ready and align well with the 'Good' score criteria for a property extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Turn-key AirBnB Investment: The property comes with a permitted and transferable AirBnB license, fully furnished, and equipped with amenities, offering an outstanding opportunity for immediate rental income without significant upfront setup costs for the buyer.
Fully Furnished & Equipped: Sold completely furnished with stylish, newer items, including appliances, washer/dryer, TVs, Play Station, BBQ, and security cameras, making it move-in or rental-ready.
Remodeled & Well-Maintained: Described as beautifully remodeled with a modern kitchen, new heater, recessed lighting, and ceiling fans, indicating a clean and well-maintained condition requiring minimal immediate repairs.
Scenic Mountain Views & Outdoor Space: Offers stunning views of mountains, woods, and pine trees from every window, complemented by a spacious deck, enhancing its appeal as a mountain getaway.
Desirable Location: Nestled in the serene woods of Twin Peaks, a highly desirable area with easy access to local attractions, appealing to both personal enjoyment and rental guests.

Cons

Overpriced Relative to Market Estimation: The listing price of $510,000 is 15% higher than the estimated property value of $429,571, which may indicate it is above current market comparables and could impact buyer interest or negotiation leverage.
Age of Property: Built in 1979, the property is 45 years old. While remodeled, the underlying structure and systems may still be original, potentially leading to unforeseen maintenance or upgrade needs in the future.
Lack of Air Conditioning: The description mentions a new heater and ceiling fans but does not specify an air conditioning system, which could be a drawback for comfort during warmer months, especially for a rental property.

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