
Lake Arrowhead, California 92352
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $589,000—positioned above the $529,573 Fair Market Value by 11%. While priced at a premium, the property features a Condition Rating of 4, offering a solid foundation with Architectural Wood Beamed Ceilings and a large 11,050 sqft lot. Located in the prestigious Peninsula area, it provides a serene mountain lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable mountain retreat with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27230 Peninsula Subject | $589,000* List Price | 3 | 2 | 1,716 | $309 | - |
A 544 Old Toll Sold | $595,000 | 4 | 3 | 1,690 | $352 | 0.1 mi |
B 329 Grass Valley Road Sold | $487,000 | 3 | 2 | 1,891 | $258 | 0.5 mi |
C 26822 Huron Sold | $490,000 | 3 | 4 | 1,852 | $265 | 0.8 mi |
D 279 Old Toll Sold | $585,000 | 3 | 2 | 1,697 | $345 | 0.5 mi |
E 27302 Pinewood Sold | $529,000 | 3 | 3 | 1,670 | $317 | 0.6 mi |
F 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.1 mi |
G 965 Sandalwood Drive Sold | $514,500 | 3 | 3 | 2,030 | $253 | 0.5 mi |
H 27495 Cedarwood Sold | $510,000 | 4 | 3 | 1,926 | $265 | 0.6 mi |
I 582 Grass Valley Court Active | $529,000 List Price | 3 | 2 | 1,844 | $287 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977 (47 years old), the home is well-maintained with recent cosmetic updates like fresh exterior paint and newer flooring. However, the kitchen remains dated with original cabinetry and older tile countertops, and while a mini-split HVAC system has been added, the core wet areas require modernization to exceed a fair rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11050, living area = 1716.
The home features classic wood-beamed ceilings and a dramatic wall of windows that flood the space with natural light and emphasize its mountain retreat aesthetic.
Situated in the prestigious Arrowhead Woods 'Peninsula' area, the property offers a peaceful setting with convenient access to Lake Arrowhead Village and local outdoor recreation.
Built in 1977, the property may require interior modernization or updates to major systems to meet contemporary energy efficiency and design standards.
While the property offers serene mountain and wooded views, it lacks the direct lake views often sought after by premium buyers in the Lake Arrowhead market.
Welcome to 27230 Peninsula in beautiful Lake Arrowhead, where mountain charm meets the peaceful lifestyle of one of Southern California’s most sought-after lake communities. Nestled among towering pines and surrounded by the natural beauty of the San Bernardino Mountains, this property offers an inviting retreat from the everyday. Architectural Wood Beamed Ceilings and wall of windows. Freshly painted exterior. Enjoy the tranquility of the mountain setting, fresh alpine air, and the opportunity to experience all that Lake Arrowhead has to offer. From scenic drives and hiking trails to boating, dining, and shopping at Lake Arrowhead Village, outdoor adventure and relaxation are just minutes away. Whether you're looking for a full-time residence, weekend getaway, or mountain retreat, 27230 Peninsula provides a wonderful opportunity to embrace the relaxed Lake Arrowhead lifestyle. Come experience the beauty, privacy, and charm of mountain living at this special property.
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades K-5 • 5.6 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,716 | 2,015.827 |
| Lot Size | 11,050 | 10,163.827 |
| Price | $589.0K | $655.9K |
| Price per sq ft | $343 | $341 |
| Built year | 1977 | 1980 |
| HOA | $0 | $544 |
| Days on market | 4 | 78 |
Sep 5, 2026
$589,000
Initial Listing
Jan 15, 2021
$475,000
Public Record
Apr 13, 2004
$285,000
Public Record
Jun 22, 2001
$199,500
Public Record
Sep 14, 2000
$115,000
Public Record