26329 Spyglass, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 4 bath

26329 Spyglass, Lake Arrowhead, California 92352 home-pic-0
ACTIVE UNDER CONTRACT$999,000
26329 Spyglass, Lake Arrowhead, California 92352
5Beds
4Baths
2,757Sqft
24,474Lot

Price Vs. Estimate

The estimated value ($918,658.95) is $80,341.05 (8%) lower than the list price ($999,000). 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 = 24474, living area = 2757.
Top Cons:
Combined Square Footage for Two Homes: The total square footage of 2757 sqft is for two separate dwellings. This could mean the individual living spaces, particularly the main house, might feel less 'sprawling' than implied for a property at this price point, potentially leading to expectations of larger individual rooms.

Compared to the nearby listings

Price:$999.0K vs avg $675.0K (+$324,000)78%
Size:2,757 sqft vs avg 1,948 sqft79%
Price/sqft:$362 vs avg $35153%

More Insights

Built in 2000 (25 years old).
Condition: The property was built in 2000, making it 24 years old. While the overall structure, unique 'Tree House' cabin, and hardwood floors are well-maintained and appealing, the main house's kitchen and bathrooms show their age. The kitchen features honey oak cabinets, tile countertops, and black appliances, which are functional but stylistically dated. The bathrooms also present older style vanities and tile work. The property is move-in ready but requires minor updates to modernize the key areas like the kitchen and bathrooms to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Year Built
2000
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$362
HOA
-
Days on market
-
Sold On
-
MLS number
IG25248890
Home ConditionFair
Features
Excellent View: Canyon, Mountain(s), Panoramic, Valley
Deck
ViewCanyon, Mountain(s), Panoramic, Valley

About this home

Discover two extraordinary custom homes nestled on a generous double lot, offering breathtaking mountain and valley views with exclusive lake rights. These homes are a must see! The sprawling main house boasts an open-concept design accentuated by soaring wood ceilings and elegant hardwood floors. The gourmet kitchen, complete with a stone fireplace and powder room, exudes mountain charm. The lower level offers four bedrooms and two baths, including a master suite with its own fireplace, which opens to a serene lower deck. The efficient heating and cooling system provide comfort throughout the year. Adding to the property's uniqueness is its development by the famed builder Kenny Anderson, "The Tree House," a masterfully designed 800+ square foot cabin that is fully permitted. It features one bedroom, one bath, a living room, kitchenette and bonus room, all ingeniously constructed AROUND a majestic oak tree. The robust steel beam construction Is completely custom. This exclusive retreat includes a deck that offers breathtaking panoramic views, making it the perfect haven for artists, writers, or guests. This remarkable property sits on a sizable double lot that has been thoughtfully integrated into one expansive parcel. Located on an easy access road with level entrance, two-car garage and additional off-street​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ parking.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-53.2mi
3/10
Valley Of Enchantment Elementary School
Public,K-54.4mi
4/10
Charles Hoffman Elementary School
Public,K-58.5mi
5/10
Mary P. Henck Intermediate School
Public,6-81.2mi
/10
Rim Virtual
Public,K-81.3mi
6/10
Rim Of The World Senior High School
Public,9-121.9mi

Price History

Date
Event
Price
04/26/00
Sold
$269,000
12/22/16
Sold
$635,000
Condition Rating
Fair

The property was built in 2000, making it 24 years old. While the overall structure, unique 'Tree House' cabin, and hardwood floors are well-maintained and appealing, the main house's kitchen and bathrooms show their age. The kitchen features honey oak cabinets, tile countertops, and black appliances, which are functional but stylistically dated. The bathrooms also present older style vanities and tile work. The property is move-in ready but requires minor updates to modernize the key areas like the kitchen and bathrooms to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
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 = 24474, living area = 2757.
Dual Custom Homes & Versatility: The property features two distinct, fully permitted custom homes (a main house and a unique 'Tree House' cabin), offering exceptional versatility for multi-generational living, guest accommodations, or potential rental income.
Exclusive Lake Rights & Panoramic Views: Enjoy exclusive lake rights to Lake Arrowhead, complemented by breathtaking panoramic mountain, canyon, and valley views from both residences, significantly enhancing lifestyle and property value.
Unique Architectural Design & Quality Construction: The 'Tree House' cabin, developed by famed builder Kenny Anderson, boasts an ingenious design constructed around a majestic oak tree with robust steel beam construction, providing a truly unique and high-quality architectural feature. The main house also features custom elements like soaring wood ceilings and hardwood floors.
Generous Double Lot & Excellent Accessibility: Situated on a sizable, integrated double lot offering privacy and space. The property benefits from an easy access road, level entrance, a two-car garage, and additional off-street parking, which is a significant advantage in mountain communities.
Modern Comforts & Desirable Interior Features: The main house offers an open-concept design, a gourmet kitchen with a stone fireplace, a master suite with its own fireplace, and an efficient heating and cooling system, ensuring year-round comfort and aesthetic appeal.

Cons

Combined Square Footage for Two Homes: The total square footage of 2757 sqft is for two separate dwellings. This could mean the individual living spaces, particularly the main house, might feel less 'sprawling' than implied for a property at this price point, potentially leading to expectations of larger individual rooms.
Potential for Higher Maintenance & Utility Costs: Managing and maintaining two distinct structures, especially one with unique construction like the 'Tree House,' could incur higher maintenance efforts and costs (e.g., separate utilities, repairs) compared to a single, consolidated residence.
Limited Specifics on Recent Updates/Finishes: While the description mentions a 'gourmet kitchen' and 'hardwood floors,' it doesn't explicitly detail the recency of these updates. For a property built in 2000 and priced at nearly $1M, some buyers might expect more explicit information on recent renovations or high-end, contemporary finishes throughout to fully justify the value.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state