27391 Alpen, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 6 bed, 4 bath
27391 Alpen
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 27391 Alpen, Lake Arrowhead, California 92352 reveals a property with a current list price of $1,199,000, which is 6% above the estimated $1,129,062 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27391 Alpen Subject | $1,199,000* List Price | 6 | 4 | 3,223 | $350 | - |
A 27506 North Bay Sold | $1,325,000 | 5 | 4 | 3,442 | $385 | 0.3 mi |
B 27692 Caribou Drive Sold | $1,150,000 | 4 | 3 | 3,434 | $335 | 0.6 mi |
C 27613 Alpen Drive Sold | $1,235,000 | 5 | 4 | 2,873 | $430 | 0.4 mi |
D 781 Brentwood Drive Sold | $1,249,000 | 5 | 4 | 2,700 | $463 | 0.7 mi |
E 1161 Nadelhorn Drive Sold | $1,185,000 | 5 | 5 | 4,495 | $264 | 0.4 mi |
F 943 Nadelhorn Active | $885,000 List Price | 5 | 4 | 2,890 | $306 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1988, the property is in move-in ready condition with clear evidence of extensive updates. The kitchen and bathrooms have been modernized with stone countertops, stainless steel appliances, and contemporary fixtures. The addition of a new whole-house generator and water filtration system, along with updated flooring and a dedicated theater room, indicates high-quality maintenance and functional upgrades that align with current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exclusive Lake Rights
Situated in the prestigious Arrowhead Woods, this property includes coveted Lake Rights, providing private access to Lake Arrowhead for boating, swimming, and exclusive lakeside recreation.
- Expansive & Versatile Layout
Boasting 6 bedrooms and over 3,200 sqft, the home features a dedicated theater room, meditation suite, and a custom bar, offering exceptional space for large families or high-end vacation hosting.
- Rare Expansion Potential
The residence sits on a 1/4-acre lot with the unique opportunity to purchase an adjacent 1/4-acre parcel, allowing for a rare 1/2-acre private compound in a highly sought-after alpine enclave.
CONSRISKS & DEFICIENCIES
- Modest School Ratings
The assigned elementary schools have lower performance ratings (3 and 4 out of 10), which may be a drawback for families seeking a primary residence with top-tier local education.
- Rapid Price Appreciation
With a previous sale recorded at $919,500 in August 2024, the current list price of $1.199M reflects a significant short-term increase that may face scrutiny during the appraisal process.
About 27391 Alpen
Nestled in the highly sought-after Arrowhead Woods community of Lake Arrowhead, this exceptional Lake Rights home offers the ultimate alpine retreat surrounded by towering pines and fresh mountain air. Set on approximately ¼ acre, this expansive 6-bedroom, 3.5-bathroom residence blends comfort, space, and versatility. **An additional adjacent ¼-acre lot is available for purchase.**, creating the rare opportunity to own ½ acre of Lake Rights property in this exclusive enclave. Step inside to soaring high ceilings and an open, airy layout designed to capture natural light and forest views. Multiple decks extend the living space outdoors, perfect for entertaining, relaxing, or simply enjoying the peaceful alpine setting. The home features: * A luxurious primary suite and five additional bedrooms * One bedroom currently styled as a tranquil "meditation room" * A second bedroom transformed into a fully equipped "theater room" with surround sound, movie projector, and cozy lounge seating * A separate family room featuring a stunning custom antique bar (negotiable), and corner fireplace, creating the perfect space for hosting gatherings and evening entertaining Practical features include: * 2-car garage with a total of 5 parking spaces * New whole-house backup generator * New whole-house water filtration system * Option to purchase fully furnished for a seamless move-in experience As a Lake Rights property, you’ll enjoy privileged access to the private waters of Lake Arrowhead for boating, kayaking, paddleboarding, and waterskiing. Outdoor adventure is truly at your doorstep — hiking and mountain biking trails are minutes away, with year-round recreation including skiing, snowboarding, and more all within a 10-minute to one-hour drive. Whether you’re seeking a full-time mountain residence, luxury vacation home, or investment opportunity in one of Southern California’s most exclusive lake communities, this property delivers space, serenity, and lifestyle in equal measure. Experience the best of alpine living in Arrowhead Woods — where nature, privacy, and lake life come together beautifully. This property may be purchased TURNKEY including all furnishings and additional lot with separate APN
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 10,420 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 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 • 1.6 mi
Valley Of Enchantment Elementary School
Grades K-5 • 5.8 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 | 6.0 | 3.0 | 98% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 3,223 | 1,979.5 | 86% |
| Lot Size | 10,420 | 9,767 | 59% |
| Price | $1.20M | $680.0K | 85% |
| Price per sq ft | $372 | $342 | 59% |
| Built year | 1988 | 1977 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 236 | 0% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,199,000
Initial Listing
Sold
Aug 16, 2024
$919,500
Public Record