27230 Peninsula Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
27230 Peninsula Drive
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 27230 Peninsula Drive, Lake Arrowhead, California 92352 reveals a property with a current list price of $549,000, which is 4% above the estimated $523,033 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27230 Peninsula Drive Subject | $549,000* List Price | 3 | 2 | 1,716 | $305 | - |
A 677 Rhine Road Sold | $550,000 | 3 | 2 | 1,965 | $280 | 0.1 mi |
B 578 Grass Valley Sold | $530,000 | 3 | 2 | 1,632 | $325 | 0.3 mi |
C 781 Nadelhorn Drive Sold | $462,000 | 4 | 2 | 1,726 | $268 | 0.2 mi |
D 375 Grizzly Road Sold | $570,000 | 3 | 3 | 1,817 | $314 | 0.3 mi |
E 27380 Alpen Drive Sold | $507,000 | 3 | 2 | 1,695 | $299 | 0.4 mi |
F 1033 Nadelhorn Drive Sold | $615,000 | 3 | 3 | 1,700 | $362 | 0.5 mi |
G 117 A Active | $499,000 List Price | 3 | 2 | 1,560 | $320 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1977, this property maintains a rustic charm with some functional updates like newer laminate flooring in main areas and stainless steel kitchen appliances. However, the kitchen and bathrooms are significantly outdated in style, featuring original or very old tile countertops, cabinetry, and fixtures that would require substantial renovation to meet modern standards. While the home appears well-maintained and livable, its age and the condition of key areas place it in the 'fair' category, indicating a need for significant cosmetic and potential system updates.
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 = 11050, living area = 1716.
- Lake Rights
The property includes highly desirable lake rights, a significant perk for water enthusiasts and a valuable asset in the Lake Arrowhead community.
- Desirable Location & Community
Situated in the sought-after 'Arrowhead Woods' subdivision, the property offers a balance of seclusion and convenience, including close proximity to a middle school (0.19 miles).
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for Updates
Built in 1977, the property's age suggests that systems (e.g., plumbing, electrical, HVAC) and finishes may be outdated, potentially requiring significant investment for modernization.
- Recent Price Reductions
Multiple price reductions from the original list price indicate potential market resistance or perceived overpricing, which could affect buyer confidence or suggest a need for further negotiation.
- Lack of Modern Amenities Highlighted
The description emphasizes 'rustic charm' but does not mention specific modern upgrades or energy-efficient features, implying that buyers may need to budget for contemporary renovations.
About 27230 Peninsula Drive
Improved Pricing Alert! A classic mid-'70s mountain cabin that strikes a wonderful balance between rustic charm and functional design. With vaulted ceilings, plenty of common space, and a fenced yard, this home is ideal for full-time living or mountain getaways. Lake rights are a major perk for water lovers, and its location offers both seclusion and convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 11,050 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 • 1.9 mi
Valley Of Enchantment Elementary School
Grades K-5 • 5.6 mi
Charles Hoffman Elementary School
Grades K-5 • 7.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,716 | 1,971 | 35% |
| Lot Size | 11,050 | 9,767 | 66% |
| Price | $549.0K | $677.5K | 33% |
| Price per sq ft | $320 | $341 | 41% |
| Built year | 1977 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 227 | 236 | 45% |
Pricing History
Listed for Sale
Nov 26, 2025
$549,000
$569,000
-4% Price Drop
Initial Listing
Price Change
Oct 16, 2025
$569,000
$599,000
-5% Price Drop
Initial Listing
Price Change
Jul 23, 2025
$599,000
Initial Listing