26478 Thunderbird Drive, Lake Arrowhead, California 92391, Lake Arrowhead, 92391 - 3 bed, 3 bath
26478 Thunderbird Drive
Lake Arrowhead, California 92391
Property Price
SUMMARY
Analysis of 26478 Thunderbird Drive, Lake Arrowhead, California 92391 reveals a property with a current list price of $495,000, which is 6% above the estimated $464,349 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26478 Thunderbird Drive Subject | $495,000* List Price | 3 | 3 | 1,196 | $388 | - |
A 446 Cedarbrook Drive Active | $449,000 List Price | 3 | 1 | 1,291 | $348 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1994, the home is well-maintained but retains most of its original 30-year-old features. The kitchen and bathrooms appear dated with original cabinetry, tile countertops, and older white appliances. While functional and move-in ready, the property lacks recent modern renovations, fitting the criteria for a well-kept but aged residence.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 22158, living area = 1196.
- Lake Rights Included
The property comes with coveted lake rights, providing exclusive access to Lake Arrowhead's private beaches, trails, and recreational amenities.
- Oversized Lot with Fenced Yard
Sitting on a generous 22,158 sqft lot, the property offers significant privacy and a rare fenced yard area, ideal for pets and outdoor activities.
CONSRISKS & DEFICIENCIES
- Compact Interior Square Footage
At 1,196 square feet for a three-bedroom home, the living spaces may feel somewhat confined for larger families or those seeking a spacious retreat.
- Recent Price Correction
A recent price reduction from the original list price indicates the property is still navigating market positioning to align with buyer expectations.
About 26478 Thunderbird Drive
Welcome to this inviting 3 bedroom 2.5 bathroom home located in Lake Arrowhead. Enjoy a cozy living room with a fireplace, perfect for mountain evenings, and a spacious kitchen with an adjacent bathroom and laundry area for convenience. Step outside onto the deck off the living room, ideal for entertaining or relaxing among the trees. This home sits on an oversized lot with a fenced yard area. Home also has parking for 2 cars on the parking deck. With lake rights included you will have access to the best of Lake Arrowhead living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 22,158 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 3.3 mi
Valley Of Enchantment Elementary School
Grades K-5 • 4.6 mi
Charles Hoffman Elementary School
Grades K-5 • 8.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 1,196 | 1,461 | 21% |
| Lot Size | 22,158 | 8,701 | 90% |
| Price | $495.0K | $390.0K | 79% |
| Price per sq ft | $414 | $258 | 90% |
| Built year | 1994 | 1972 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 189 | 218 | 24% |
Pricing History
Listed for Sale
Jan 28, 2026
$495,000
$510,000
-3% Price Drop
Initial Listing
Price Change
Aug 30, 2025
$510,000
Initial Listing