
Twin Peaks, California 92391
This Versatile Mountain Income Property is a Strong Value Opportunity listed at $400,000, aligning precisely with its $400,000 Fair Market Value. Maintaining a Good Condition Rating, the residence features significant recent upgrades including a newer roof, granite countertops, and modernized bathrooms. The multi-level floor plan provides two distinct living spaces with independent entrances, offering high rental demand or multi-family utility. Situated in the Rim of the World district with a forested greenbelt view and private deck, the home balances lifestyle appeal with financial logic. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26791 Highway 189 Subject | $400,000* List Price | 5 | 3 | 2,033 | $197 | - |
A 930 Willow Springs Sold | $440,250 | 4 | 3 | 1,944 | $226 | 0.3 mi |
B 576 Rose Lane Sold | $375,000 | 3 | 2 | 1,574 | $238 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1929, this property has undergone extensive and recent renovations, making it move-in ready. The listing explicitly mentions a newer roof, updated flooring, granite countertops, modernized bathrooms, and improved systems. The images confirm these updates, showcasing two distinct living spaces, each with functional kitchens and bathrooms. One kitchen features dark wood cabinets and granite, while the other boasts more modern white shaker cabinets and lighter countertops. Bathrooms have been updated, with some featuring modern vanities and subway tile showers. While some elements, like the first kitchen's style and a bathroom vanity, appear to be from an earlier renovation phase (likely 10-15 years ago), others are more contemporary. The property is well-maintained, though the heating system appears to be wall-mounted furnaces rather than central HVAC, which is common in older mountain homes. The mixed renovation styles and the age of the original structure prevent an 'Excellent' rating, but the significant updates and overall good condition firmly place it in the 'Good' category.
The property is explicitly marketed as an 'income opportunity' with versatile options for short-term rentals, long-term tenants, or multi-family living, enhancing its investment appeal.
Features a multi-level design with two distinct living spaces, each equipped with its own entrance, kitchen, and living area, ideal for maximizing rental income or accommodating multiple families.
Significant recent upgrades including a newer roof, granite countertops, updated flooring, modernized bathrooms, and improved systems enhance comfort, value, and reduce immediate maintenance concerns.
Built in 1929, the property's original construction date, despite recent upgrades, may raise concerns about underlying infrastructure, insulation, or other systems not explicitly mentioned as updated.
Located on 'Highway 189,' the property may experience traffic noise and reduced privacy, potentially detracting from the serene mountain retreat experience for some occupants.
The description highlights 'mountain air' but does not mention a cooling system (e.g., air conditioning), which could be a drawback for comfort during warmer months, especially for rental guests.
Income opportunity! Conveniently close to sparkling Lake Arrowhead, this versatile mountain property offers endless options for income generation or multi-family living. Nestled among majestic pines with sweeping forest views, the multi-level design includes two distinct living spaces—each with its own entrance, kitchen, and living area. With a total of 5 bedrooms and 3 bathrooms, it’s perfectly suited for short-term rentals, long-term tenants, or dual living arrangements. Recent upgrades enhance both comfort and value, including a newer roof, granite countertops, updated flooring, modernized bathrooms, and improved systems throughout. The open-concept layout invites natural light into both levels, creating inviting spaces for relaxing or entertaining guests. Outside, enjoy mountain air and forest scenery year-round. Located close to hiking trails, boating, and local dining, this property offers the ultimate blend of lifestyle and investment. Whether used as a primary residence with rental income, a vacation retreat, or a long-term portfolio addition, this mountain home presents a rare chance to invest in one of the mountain’s most sought-after settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,033 | 1,632 | 74% |
| Lot Size | 6,250 | 8,701 | 35% |
| Price | $400.0K | $400.0K | 50% |
| Price per sq ft | $197 | $250 | 17% |
| Built year | 1929 | 1965 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 160 | 240 | 35% |
Mar 18, 2026
$400,000
$425,000
-6% Price Drop
Initial Listing
Nov 13, 2025
$425,000
Initial Listing