
Twin Peaks, California 92391
This Mountain Cabin Asset presents a significant Value-Add Opportunity with a List Price of $319,999. While currently priced above the $201,385 Fair Market Value, the property offers substantial ROI potential through a comprehensive renovation. The Condition Rating of 5 reflects an Original 1961 Kitchen and dated interior finishes, yet the Durable Metal Roof, Mountain Views, and Wrap-around Deck provide a robust foundation for forced appreciation. Situated within the Rim of the World district, this property is an ideal project for Fix-and-Flip Investors or Contractors seeking to capitalize on mountain market demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26408 Lake Forest Drive Subject | $310,000* List Price | 2 | 2 | 1,080 | $184 | - |
A 558 Rose Sold | $261,000 | 3 | 2 | 1,056 | $247 | 0.6 mi |
B 305 Cedarbrook Drive Active | $324,500 List Price | 2 | 2 | 1,008 | $322 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 with an original kitchen and highly dated interior finishes including shag carpeting and wood paneling. While the metal roof is a significant safety upgrade, the 60+ year old kitchen, bathrooms, and likely original systems require a full rehab to meet modern standards.
The cabin features classic mountain architecture with large vaulted ceilings, exposed wood beams, and extensive wood accents, creating a warm and inviting atmosphere.
The property includes a recently updated metal roof, providing superior fire resistance and long-term durability, which is a significant value-add in mountain regions.
With minimal steps to the entry and a primary bedroom and bathroom on the main level, the home offers excellent accessibility and a practical floor plan.
The kitchen remains in its original state, requiring a modern renovation to meet contemporary standards and maximize the property's value.
Built in 1961, the home may require updates to its older systems and finishes to ensure long-term efficiency and comfort.
This is an adorable cabin with great potential, and it presents a strong opportunity. There are only a small amount of steps leading to the front door, which adds to the accessibility and appeal. Entry is into the living room from the deck area, creating a welcoming and open first impression. The living room features a large vaulted ceiling with wood beams that add a great mountain feel and enhance the overall character of the space. The kitchen is original and located right off the living room, providing a functional layout with potential for updates. On this same level, there is also a good size bedroom and bath, making it convenient for primary living. Upstairs, there is a good size sleeping loft with lots of wood accents, continuing the warm cabin aesthetic. Downstairs, there is a good size open room that includes laundry hook-ups, offering flexibility for additional living space or utility use. This level also includes an additional half bath, increasing functionality. The roof has been updated to a metal roof, which is a strong feature for fire safety and long-term durability. The deck wraps around to the back area, providing space to enjoy the birds and the beautiful natural surroundings further enhancing the property's appeal.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,080 | 1,280 | 43% |
| Lot Size | 4,550 | 7,300 | 24% |
| Price | $310.0K | $360.0K | 29% |
| Price per sq ft | $287 | $269 | 62% |
| Built year | 1961 | 1965 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 199 | 10% |
May 12, 2026
$310,000
$319,999
-3% Price Drop
Initial Listing
Apr 25, 2026
$319,999
Initial Listing