26697 Lake Forest, Twin Peaks, California 92391, Twin Peaks, 92391 - 4 bed, 3 bath
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Twin Peaks, California 92391
This Mountain Fixer-Upper Asset represents a strategic Value-Add Opportunity listed at $425,000. While the price exceeds the $378,765 Fair Market Value, the property offers significant upside via a Lower-Level Studio with a private entrance and a Newer Roof. The expansive 11,350 Sqft Lot and Forested Views from the Deck enhance its long-term appeal. Currently holding a Fixer-Upper Condition Rating, the 1980-built home requires modernization to unlock its full ROI. Located in the Rim of the World district, this acquisition is best suited for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
The property is explicitly marketed as a fixer-upper for investors, requiring substantial renovation and capital investment. While it features a newer roof and flooring, the 1980-built structure shows significant exterior wear on the decks and siding, and the listing notes it is unsuitable for FHA/VA financing due to its current condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11350, living area = 1968.
The lower-level studio features a private entrance, kitchenette, and full bathroom, offering excellent versatility for rental income, guest quarters, or multigenerational living.
With a newer roof, newer flooring, and central air and heat already in place, the property provides a solid foundation for renovation, reducing the cost of essential system repairs.
As a designated fixer-upper, the property requires a substantial investment of time and capital to address its current condition and modernize the space.
The property is limited to investor or conventional buyers only, which excludes those utilizing FHA or VA loans due to the home's 'as-is' fixer-upper status.
Investor or conventional buyers only—this is your opportunity to unlock incredible potential in the charming mountain community of Twin Peaks. This fixer-upper is ready for your vision—bring your tools and transform this property into something truly special. The home features newer flooring and a newer roof, providing a solid starting point for your renovation. With 4 bedrooms and 3 bathrooms, there’s plenty of space to reimagine and customize to your needs. The lower level includes a studio complete with a fireplace, kitchenette, private entrance, and full bathroom—perfect for multigenerational living, guest quarters, or potential rental income. Enjoy the comfort of central air and heat, along with the peaceful surroundings that make Twin Peaks so desirable—nestled in the San Bernardino Mountains with easy access to hiking, nature, and nearby Lake Arrowhead and Blue Jay for shopping, dining, and year-round recreation. Don’t miss this chance to create value and make this mountain retreat your own—opportunities like this don’t last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,968 | 1,632 | 70% |
| Lot Size | 11,350 | 8,799 | 70% |
| Price | $425.0K | $405.0K | 57% |
| Price per sq ft | $216 | $250 | 26% |
| Built year | 1980 | 1970 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 240 | 4% |
Apr 13, 2026
$425,000
Initial Listing
Sep 5, 2019
$136,000
Public Record