27230 Peninsula Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
ACTIVE$549,000
27230 Peninsula Drive, Lake Arrowhead, California 92352
3Beds
2Baths
1,716Sqft
11,050Lot
Price Vs. Estimate
The estimated value ($523,093.1) is $25,906.9 (4%) lower than the list price ($549,000). This property may be overpriced.
Key pros and cons
Top Pros:
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.
Top Cons:
Age-Related Updates: Built in 1977, the property may require updates to systems, fixtures, or finishes to align with modern preferences and efficiency standards, potentially incurring additional investment.
Compared to the nearby listings
Price:$549.0K vs avg $675.0K ($-126,000)31%
Size:1,716 sqft vs avg 1,933 sqft36%
Price/sqft:$320 vs avg $35039%
More Insights
Built in 1977 (48 years old).
Condition: Built in 1977, this property is well-maintained and clean, offering a classic mountain cabin aesthetic. While some updates are evident, such as newer laminate flooring in common areas and stainless steel kitchen appliances, the kitchen still features dated tiled countertops and fluorescent lighting. One visible bathroom appears updated with a modern vanity, but other areas retain older finishes like carpeting in some bedrooms and the loft. The home is functional and move-in ready, but its age and a mix of updated and original features indicate it would benefit from further modernization to align with current styles and efficiency standards, fitting the 'fair' condition criteria.
Year Built
1977
Close
-
List price
$549K
Original List price
$599K
Price/Sqft
$320
HOA
-
Days on market
-
Sold On
-
MLS number
IG25165859
Home ConditionFair
Features
Deck
ViewNeighborhood, Trees/Woods
About this home
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.
Nearby schools
4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.9mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•5.6mi
4/10
Charles Hoffman Elementary School
Public,•K-5•7.8mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•0.2mi
/10
Rim Virtual
Public,•K-8•1.0mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.1mi
Condition Rating
Fair
Built in 1977, this property is well-maintained and clean, offering a classic mountain cabin aesthetic. While some updates are evident, such as newer laminate flooring in common areas and stainless steel kitchen appliances, the kitchen still features dated tiled countertops and fluorescent lighting. One visible bathroom appears updated with a modern vanity, but other areas retain older finishes like carpeting in some bedrooms and the loft. The home is functional and move-in ready, but its age and a mix of updated and original features indicate it would benefit from further modernization to align with current styles and efficiency standards, fitting the 'fair' condition criteria.
Pros & Cons
Pros
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.
Exclusive Lake Rights: The property includes highly desirable lake rights, a significant perk for water enthusiasts and a strong value-add in the Lake Arrowhead community.
Classic Mountain Charm: Boasting a classic mid-'70s mountain cabin aesthetic with vaulted ceilings and rustic charm, appealing to buyers seeking a traditional mountain retreat.
Versatile Use Potential: Ideal for both full-time living and as a mountain getaway, offering flexibility for primary residents, vacation home owners, or rental investors.
Desirable Location & Privacy: Located in the prestigious Arrowhead Woods subdivision, providing a balance of seclusion and convenience, further enhanced by a functional fenced yard.
Competitive Pricing: Multiple price reductions from the original list price indicate a motivated seller and offer increased value and competitiveness for potential buyers.
Cons
Age-Related Updates: Built in 1977, the property may require updates to systems, fixtures, or finishes to align with modern preferences and efficiency standards, potentially incurring additional investment.
Limited View: While offering 'Neighborhood, Trees/Woods' views, the absence of a direct lake view might be a consideration for buyers prioritizing premium water vistas in a lake community.
Market Perception from Price History: The history of multiple price reductions, while beneficial for buyers, could raise questions about the property's initial market positioning or perceived value among some prospective purchasers.