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26509 Lake Forest Drive, Twin Peaks, California 92391, Twin Peaks, 92391 - 3 bed, 2 bath

26509 Lake Forest Drive, Twin Peaks, California 92391 home-pic-0
ACTIVE$510,000
26509 Lake Forest Drive, Twin Peaks, California 92391
3Beds
2Baths
1,632Sqft
6,900Lot

Price Vs. Estimate

The estimated value ($491,375.635) is $18,624.365 (3%) lower than the list price ($510,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unique Architecture & Design: The property boasts a charming Gambrel architectural style with unique features like cathedral ceilings, moonscape windows, a floating staircase, and beamed ceilings, offering distinct character.
Top Cons:
Significant Overpricing: The current listing price of $510,000 is approximately 19% higher than the estimated property value of $412,673, indicating potential overpricing relative to market estimations and a history of price reductions.

Compared to the nearby listings

Price:$510.0K vs avg $380.0K (+$130,000)85%
Size:1,632 sqft vs avg 1,416 sqft67%
Price/sqft:$312 vs avg $26070%

More Insights

Built in 1977 (48 years old).
Condition: This 1977-built Gambrel-style home presents as move-in ready and well-maintained. The kitchen features modern stainless steel appliances and granite countertops, which are significant updates, though the wood cabinetry appears to be an older style or from an earlier renovation. The bathroom has updated marble-look tile in the shower, but the vanity and fixtures are dated. Rich hardwood floors are present in main living areas, and carpets in bedrooms appear clean. While some elements like the kitchen cabinets, bathroom vanity, and certain light fixtures show their age, they are functional and well-kept. The property benefits from an open floor plan, beamed ceilings, and a spacious primary suite. The description mentions 'simulated fireplaces' and lacks mention of central air conditioning, which are minor drawbacks. Overall, the property has undergone substantial updates in key areas, is clean, and does not require immediate renovations, aligning with a 'Good' condition score.
Year Built
1977
Close
-
List price
$510K
Original List price
$545K
Price/Sqft
$313
HOA
-
Days on market
-
Sold On
-
MLS number
IG25054628
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic, Trees/Woods
Deck
Spa
Patio
ViewMountain(s), Panoramic, Trees/Woods

About this home

Charming Gambrel architectural home & bonus Gambrel addition NEARLY 2,000 SQ FT, LEVEL & 2-CAR GARAGE - has 270-degree view of mountain ridge. Sprawling property w/oversized French doors opens into the living/dining/kitchen Open Floor Plan. Picture window, granite counters stainless steel appliances, are all framed under beamed ceilings. Rich hardwood floors, large custom stone (corner) fireplace and large bathroom with marble tile complete the main level. A “floating staircase” leads up to 3 bedrooms including an extra-large primary suite with moonscape windows at the top of the cathedral ceilings throughout. This unique space is bright and has a wood-burning hearth fireplace on one end and a small platform jacuzzi spa on the other. The terraced corner lot has several concrete landings for entertaining, full wrap around deck with decorative iron railings & 6-seater jacuzzi in the landscaped back yard among fruit trees and stone-lined floral beds. Home is located on quiet corner lot w/2-car garage and long driveway lined with river rock retaining wall. Attached to the garage is a large bonus room additional w/400 SQ FT with water and gas, windows, custom shelves/cabinetry as potential ADU. Fireplaces are simulated.

Condition Rating
Good
This 1977-built Gambrel-style home presents as move-in ready and well-maintained. The kitchen features modern stainless steel appliances and granite countertops, which are significant updates, though the wood cabinetry appears to be an older style or from an earlier renovation. The bathroom has updated marble-look tile in the shower, but the vanity and fixtures are dated. Rich hardwood floors are present in main living areas, and carpets in bedrooms appear clean. While some elements like the kitchen cabinets, bathroom vanity, and certain light fixtures show their age, they are functional and well-kept. The property benefits from an open floor plan, beamed ceilings, and a spacious primary suite. The description mentions 'simulated fireplaces' and lacks mention of central air conditioning, which are minor drawbacks. Overall, the property has undergone substantial updates in key areas, is clean, and does not require immediate renovations, aligning with a 'Good' condition score.
Pros & Cons

Pros

Unique Architecture & Design: The property boasts a charming Gambrel architectural style with unique features like cathedral ceilings, moonscape windows, a floating staircase, and beamed ceilings, offering distinct character.
Exceptional Outdoor Living & Views: Enjoy a 270-degree panoramic mountain ridge view from a full wrap-around deck. The terraced corner lot includes multiple concrete landings, a 6-seater jacuzzi, and a beautifully landscaped yard with fruit trees, ideal for entertaining.
Potential for Additional Dwelling Unit (ADU): A large 400 sq ft bonus room attached to the garage, equipped with water and gas, custom shelves, and cabinetry, presents significant potential for an ADU, guest suite, or dedicated workspace.
Modernized Interior & Open Concept: The home features an open floor plan for the living, dining, and kitchen areas, complemented by a modern kitchen with granite counters and stainless steel appliances, rich hardwood floors, and a large custom stone fireplace.
Luxurious Primary Suite: The extra-large primary suite offers a unique and bright space with high cathedral ceilings, moonscape windows, a wood-burning hearth fireplace, and a platform jacuzzi spa, creating a private retreat.

Cons

Significant Overpricing: The current listing price of $510,000 is approximately 19% higher than the estimated property value of $412,673, indicating potential overpricing relative to market estimations and a history of price reductions.
Simulated Fireplaces: The property description explicitly states that the fireplaces are simulated, which may be a drawback for buyers seeking genuine wood-burning fireplaces for heat or ambiance.
Lack of Central Cooling System: While fireplaces are mentioned for heating, there is no mention of a central air conditioning or cooling system, which could be a significant comfort concern during warmer months.

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