27392 Peninsula Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
Loading property details...
Lake Arrowhead, California 92352
This Mountain Retreat is a Strong Value Opportunity, listed at $684,000—positioned well below the $671,631 Fair Market Value by -1.8%. While the home maintains a Condition Rating of 4, it features premium upgrades like a natural gas automatic generator, air conditioning, and heated primary bathroom floors. The property offers significant lifestyle appeal with Lake Rights, captivating lake views, and a spacious deck. This is an ideal acquisition for Owner-Occupants seeking a turnkey mountain escape or Short-Term Rental Investors looking for a high-demand, well-maintained asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27392 Peninsula Drive Subject | $684,000* List Price | 3 | 3 | 2,262 | $297 | - |
A 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.2 mi |
B 1096 Nadelhorn Drive Sold | $685,000 | 3 | 3 | 1,994 | $344 | 0.5 mi |
C 1226 Grass Valley Sold | $629,999 | 3 | 3 | 2,050 | $307 | 0.8 mi |
D 195 Birchwood Drive Sold | $637,500 | 3 | 4 | 2,108 | $302 | 0.6 mi |
E 641 Golf Course Road Sold | $845,000 | 4 | 3 | 2,828 | $299 | 0.6 mi |
F 27618 W Shore Road Sold | $680,000 | 3 | 3 | 2,242 | $303 | 0.5 mi |
G 692 Zurich Drive Active | $879,000 List Price | 3 | 3 | 2,463 | $357 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (37 years old), the property is exceptionally well-maintained with high-end system upgrades including a backup generator and AC. However, the kitchen and bathrooms are significantly dated, featuring original oak cabinetry and tile countertops that require cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9187, living area = 2262.
Situated in the Arrowhead Woods community, this property includes coveted Lake Rights and offers captivating lake and forest views from all decks, significantly increasing its desirability.
The home is equipped with high-end conveniences rare for mountain properties, including a natural gas automatic generator, air conditioning, level entry access, and heated primary bathroom floors.
The assigned elementary schools have relatively low ratings (3 and 4 out of 10), which may be a drawback for families with young children.
The property is currently listed at $684,000, which is nearly 9% lower than its 2021 sale price of $749,000, indicating a potential decline in market value over the last few years.
Welcome to your mountain retreat in this highly sought-after Lake Arrowhead community within Arrowhead Woods ~ Complete with coveted Lake Rights and captivating lake views ~ This beautifully maintained 3-bedroom, 2.5 bath home radiates pride of ownership at every turn and offers the perfect blend of luxury, comfort, and mountain charm ~ From the moment you arrive, you’ll appreciate the desirable level entry, oversized two-car garage, and inviting curb appeal ~ Inside, the home is thoughtfully designed for both relaxation and entertaining, featuring two fireplaces, a spacious living room, and an additional family room that creates a setting for gatherings year-round ~ Two car garage with epoxy flooring to keep all the mountain toys out of the weather ~ The primary suite offers a true spa-like experience with heated bathroom floors and a jetted tub, while modern conveniences throughout the home elevate everyday living ~ Home includes air conditioning for warm summer days, a hardline natural gas automatic generator for peace of mind, sensor lighting along the staircase, and two automatic awnings over the back deck for effortless outdoor enjoyment, out of the hot sun ~ Step outside and immerse yourself in the serenity of mountain living ~ The peaceful water feature flowing alongside the home creates a calming ambiance, perfectly complementing the tranquil lake-view setting from all decks ~ Enjoy morning coffee or evening sunsets on the deck while listening to the soothing sounds of water and taking in the beauty of the surrounding forest and lake ~ Whether you’re searching for a full-time residence, luxurious second home, or an exceptional short-term rental investment opportunity, this property offers the lifestyle buyers dream of in one of Southern California’s most desirable mountain destinations ~ This is more than a home - it’s the mountain escape everyone has been waiting for ~ Don’t miss the opportunity to make it yours.
No exterior & parking available.
Grades PK-5 • 1.7 mi
Grades K-5 • 5.8 mi
Grades K-5 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,262 | 1,998.5 | 64% |
| Lot Size | 9,187 | 9,936.5 | 39% |
| Price | $684.0K | $677.5K | 51% |
| Price per sq ft | $302 | $343 | 33% |
| Built year | 1989 | 1978 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 217 | 1% |
May 19, 2026
$684,000
Initial Listing
Jul 14, 2021
$749,000
Public Record
Jul 12, 2019
$500,000
Public Record
Sep 11, 2013
$285,000
Public Record