
Twin Peaks, California 92391
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $310,000—positioned above the $298,040 Fair Market Value. While currently priced slightly above market, the property offers significant value-add potential through its large basement and 180-degree picturesque views. With a Condition Rating of 4, the home is move-in ready but invites cosmetic modernization to maximize returns. Its proximity to Lake Arrowhead makes it a prime candidate for short-term rentals. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26325 Lake Forest Subject | $295,000* List Price | 3 | 2 | 1,260 | $232 | - |
A 784 Sierra Vista Sold | $355,000 | 3 | 2 | 1,280 | $277 | 0.5 mi |
B 558 Rose Sold | $261,000 | 3 | 2 | 1,056 | $247 | 0.5 mi |
C 712 S Old Toll Sold | $269,000 | 2 | 2 | 1,078 | $250 | 0.7 mi |
D 26408 Lake Forest Drive Active | $299,000 List Price | 2 | 2 | 1,080 | $277 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this nearly 50-year-old property is functional but dated. While it features some partial updates like Corian countertops, a newer stainless steel range, and copper plumbing, the kitchen cabinetry and overall aesthetic reflect a renovation age likely exceeding 20 years. It appears well-maintained and move-in ready, but requires cosmetic modernization and potential electrical/HVAC updates to meet modern standards.
The property features two expansive decks offering 180-degree picturesque views of the surrounding forest and snow-capped rooftops, significantly enhancing its appeal for mountain living.
A large basement provides ample storage with the specific potential to be converted into additional living space or an income-generating rental unit, adding long-term value.
Situated just minutes from Lake Arrowhead Village and the lake, the home is ideally positioned for high-demand short-term vacation rentals or a convenient year-round residence.
With a 1975 build date and features like Corian countertops, the interior may require cosmetic updates and modernization to meet the expectations of contemporary buyers.
The upslope hillside location, while providing great views, may present accessibility challenges during heavy snow seasons and limits the amount of usable flat yard space.
Bring your vision and a little TLC to make this Twin Peaks mountain home truly shine! Nestled on a hillside surrounded by gorgeous, lush trees, this 3-bedroom, 2-bath home offers incredible potential, peaceful surroundings, and breathtaking mountain views. A large decks provide plenty of space for family BBQs, entertaining, or simply relaxing and enjoying the beautiful scenery. Inside, you’ll find a spacious living room featuring beautiful beamed ceilings and a stone fireplace, along with a charming dining area filled with natural light. The nicely sized kitchen features Corian countertops, with a convenient laundry room/pantry nearby. A bathroom and mudroom complete the main level. Upstairs are three bedrooms, including the primary bedroom and bath. Step directly from the primary bedroom onto the exterior deck and enjoy the quiet, serene setting and picturesque views. During the winter, the upslope location provides a beautiful backdrop of snow-covered rooftops and evergreen trees. Located just minutes from Lake Arrowhead Village and the lake, this property is ready for someone with imagination to bring out its full potential and create a beautiful mountain retreat!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,260 | 1,500.357 |
| Lot Size | 4,420 | 8,798.857 |
| Price | $295.0K | $360.5K |
| Price per sq ft | $234 | $298 |
| Built year | 1975 | 1962 |
| HOA | $0 | $576 |
| Days on market | 47 | 121 |
Aug 3, 2026
$295,000
$310,000
-5% Price Drop
Initial Listing
Jul 24, 2026
$310,000
Initial Listing
Nov 19, 2004
$200,000
Public Record