27162 Peninsula Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath

27162 Peninsula Drive, Lake Arrowhead, California 92352 home-pic-0

27162 Peninsula Drive

Lake Arrowhead, California 92352

ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,773Sq Ft
12,000Lot Size

Property Price

LIST PRICE$785,000
EST. MARKET VALUE
$869,413
10% BelowMARKET VALUE

SUMMARY

Analysis of 27162 Peninsula Drive, Lake Arrowhead, California 92352 reveals a Prime Investment Opportunity with a current list price of $785,000—significantly undercutting the $869,413 Fair Market Value by 10%. This valuation gap indicates a +$84,413 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$869,413 +$84,413 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
27162 Peninsula Drive
Subject
$785,000*
List Price
432,773$314-
A
341 Birchwood Drive
Sold
$740,000432,230$3320.5 mi
B
675 Grass Valley Road
Sold
$949,900533,000$3170.2 mi
C
27440 Alpen Drive
Sold
$905,000332,783$3250.6 mi
D
1148 Nadelhorn Drive
Sold
$915,000432,615$3500.7 mi
E
762 Zurich Drive
Sold
$650,000431,859$3500.4 mi
F
1119 Brentwood Drive
Sold
$832,000442,323$3580.6 mi
G
514 Grizzly
Pending
$674,999
List Price
422,110$3200.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property, built in 1990, has undergone significant and recent updates, including a 'fully remodeled chef’s kitchen' with top-of-the-line stainless steel appliances, modern dark countertops, and well-maintained natural wood cabinetry. The bathrooms are also 'beautifully remodeled,' featuring modern fixtures like a freestanding soaking tub, updated vanities, and contemporary tiling. Additionally, the home boasts a 'newer roof and newer siding,' and the flooring throughout (hardwood/laminate, tile, carpet) appears to be in excellent condition. While the original construction is over 30 years old, the extensive renovations make it move-in ready with no immediate updates required, aligning well with the 'Good' condition criteria for properties extensively renovated within the last 5 to 15 years.

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 = 12000, living area = 2773.

  • Prime Location & Access

    Ideally positioned moments from Lake Arrowhead and the Lake Arrowhead Country Club, offering effortless year-round access on a level lot with no steep driveway and a county-maintained road.

  • Extensive Modern Updates

    The home is move-in ready with a fully remodeled chef’s kitchen, beautifully remodeled bathrooms, newer roof, and newer siding, enhancing its appeal and reducing immediate maintenance needs.

CONSRISKS & DEFICIENCIES

  • Limited Views

    The property offers views 'overlooking the trees' but does not specify expansive lake views, which are often highly sought after and command a premium in Lake Arrowhead.

  • No Central Cooling System Mentioned

    The description does not indicate the presence of a central cooling system (e.g., air conditioning), which could be a consideration for comfort during warmer periods for some buyers.

  • Original Construction Age

    While extensively updated, the home was built in 1990, meaning some original components (e.g., plumbing, electrical beyond what's visible) are over 30 years old, which could be a concern for long-term maintenance.

About 27162 Peninsula Drive

Welcome to 27162 Peninsula Drive — a rare, beautifully positioned mountain retreat in the heart of Lake Arrowhead, ideally located moments from the lake and the coveted Lake Arrowhead Country Club. Set on an exceptionally level lot, this home offers effortless year-round access with no steep driveway, allowing you to pull straight into the attached two-car garage and step directly inside. The main level impresses with an open-concept flow between the living room, formal dining room, and a fully remodeled chef’s kitchen, showcasing top-of-the-line finishes and a welcoming eat-in area. A convenient main-level bedroom and full bath provide ideal flexibility for guests or single-level living. Upstairs, an oversized bedroom suite becomes a true sanctuary—complete with a fireplace, a beautifully remodeled bathroom, and a private deck overlooking the trees. Two additional spacious bedrooms and a full bath complete the upper level, offering a total of 4 true bedrooms and 3 bathrooms. Outdoors, the property continues to shine with a large, flat, fully fenced backyard, perfect for entertaining, relaxing, or play. A side gate provides access for RV or potential boat parking, a rare convenience in this location. Additional upgrades include a newer roof and newer siding, and the home sits on a plowed and county-maintained road for stress-free winter access. A move-in-ready, beautifully updated mountain home in an unbeatable location — offering comfort, style, and the Lake Arrowhead lifestyle at its finest.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1990
Lot Size
12,000 Sq. Ft.

Interior

Total Bedrooms
4
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 • 2.0 mi

4/10

Valley Of Enchantment Elementary School

Grades K-5 • 5.5 mi

3/10

Charles Hoffman Elementary School

Grades K-5 • 7.9 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths3.03.0
50%
Square foot2,7731,979.5
79%
Lot Size12,0009,767
75%
Price$785.0K$680.0K
65%
Price per sq ft$283$341
24%
Built year19901977
75%
HOA$0$0
50%
Days on market101236
6%

Pricing History

Listed for Sale

Nov 26, 2025

$785,000

Initial Listing

Sold

Jan 12, 2022

$751,000

Public Record

Sold

Aug 21, 2020

$475,000

Public Record

Sold

Oct 26, 2009

$325,000

Public Record

Sold

May 26, 1998

$289,000

Public Record

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