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27381 Cottonwood Lane, Lake Arrowhead, California 92317, Lake Arrowhead, 92317 - 3 bed, 3 bath

27381 Cottonwood Lane, Lake Arrowhead, California 92317 home-pic-0
ACTIVE$590,000
27381 Cottonwood Lane, Lake Arrowhead, California 92317
3Beds
3Baths
1,613Sqft
9,725Lot

Price Vs. Estimate

The estimated value ($523,324.295) is $66,675.705 (11%) lower than the list price ($590,000). 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 = 9725, living area = 1613.
Top Cons:
Recent Price Reduction & Motivated Seller: The property has seen a recent price reduction and is advertised by a 'Motivated Seller,' which could indicate initial overpricing or a need for a quick sale.

Compared to the nearby listings

Price:$590.0K vs avg $575.0K (+$15,000)50%
Size:1,613 sqft vs avg 1,942.5 sqft50%
Price/sqft:$366 vs avg $26675%

More Insights

Built in 1992 (33 years old).
Condition: Built in 1992, this property is well-maintained for its age but shows significant signs of being outdated. The kitchen features original-style oak cabinets, tile countertops, and older appliances (white refrigerator, black microwave/range, black dishwasher), along with linoleum flooring, all of which are functional but aesthetically dated. Throughout the main living areas and bedrooms, the light green carpeting is also dated. While the home appears clean and structurally sound, it requires substantial cosmetic updates, particularly in the kitchen and bathrooms (which are not fully pictured but likely follow the same dated theme), to align with current market expectations and styles. It fits the 'fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated, and requiring minor to moderate updates.
Year Built
1992
Close
-
List price
$590K
Original List price
$625K
Price/Sqft
$366
HOA
-
Days on market
-
Sold On
-
MLS number
IG25200099
Home ConditionFair
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

Motivated Seller: Charming Lake Arrowhead Home with Lake Rights. Welcome to your mountain escape perfect home for all seasons! This inviting 3-bedroom, 2.5-bathroom home is nestled in a peaceful Lake Arrowhead neighborhood, just a short walk to the lake. Surrounded by towering trees, the property offers a serene retreat while keeping you close to the heart of the community. Inside, you’ll find a cozy living room with a fireplace, creating the perfect space to unwind after a day outdoors. The functional floor plan includes 3 spacious bedrooms upstairs, a half bath on the main level for guests and two full bathrooms upstairs for comfort and convenience. Step outside onto the spacious deck, ideal for BBQs, entertaining, or simply enjoying the natural mountain setting. Whether you’re sipping your morning coffee or hosting family and friends, the deck is the perfect spot to embrace the beauty of Lake Arrowhead living. Very close to the Lake Arrowhead Village for dining, shopping and amazing concerts and steps away from the small town feel of Blue Jay Village. Additional highlights: Lake rights included Walking distance to the lake Peaceful neighborhood tucked away among the trees This home is perfect as a full-time residence, weekend getaway, or investment opportunity. Experience the charm of mountain living with lake access just steps away. Don’t miss this Lake Arrowhead gem—schedule your showing today!

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.2mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•5.7mi
4/10
Charles Hoffman Elementary School
Public,•K-5•7.3mi
/10
Rim Virtual
Public,•K-8•0.3mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•0.9mi
6/10
Rim Of The World Senior High School
Public,•9-12•1.4mi
Condition Rating
Fair
Built in 1992, this property is well-maintained for its age but shows significant signs of being outdated. The kitchen features original-style oak cabinets, tile countertops, and older appliances (white refrigerator, black microwave/range, black dishwasher), along with linoleum flooring, all of which are functional but aesthetically dated. Throughout the main living areas and bedrooms, the light green carpeting is also dated. While the home appears clean and structurally sound, it requires substantial cosmetic updates, particularly in the kitchen and bathrooms (which are not fully pictured but likely follow the same dated theme), to align with current market expectations and styles. It fits the 'fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated, and requiring minor to moderate updates.
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 = 9725, living area = 1613.
Lake Rights Included: The property comes with highly desirable Lake Rights, offering exclusive access to Lake Arrowhead, a significant value-add for mountain living.
Prime Location & Walkability: Enjoy a short walk to the lake and close proximity to Lake Arrowhead Village for dining, shopping, and entertainment, as well as Blue Jay Village.
Peaceful Mountain Setting: Nestled in a serene neighborhood, surrounded by towering trees, providing a tranquil and private mountain retreat.
Versatile Investment Potential: The home is suitable for various uses, including a full-time residence, a weekend getaway, or a rental investment opportunity, broadening its appeal.
Desirable Amenities: Features a cozy living room with a fireplace and a spacious deck, perfect for outdoor entertaining and enjoying the natural surroundings.

Cons

Recent Price Reduction & Motivated Seller: The property has seen a recent price reduction and is advertised by a 'Motivated Seller,' which could indicate initial overpricing or a need for a quick sale.
Potential for Dated Interiors: Built in 1992, the description emphasizes 'charming' and 'cozy' but lacks mention of significant recent renovations, suggesting some interior elements may be original or require updating.
Absence of Air Conditioning: The property description does not mention a cooling system, which could be a drawback for some buyers during warmer seasons, despite its mountain location.

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