27431 Alpen, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath

27431 Alpen, Lake Arrowhead, California 92352 home-pic-0

27431 Alpen

Lake Arrowhead, California 92352

ACTIVE
CONDITION: GOOD
4Beds
4Baths
3,594Sq Ft
12,650Lot Size

Property Price

LIST PRICE$1,325,000
EST. MARKET VALUE
$1,366,403
3% BelowMARKET VALUE

SUMMARY

Analysis of 27431 Alpen, Lake Arrowhead, California 92352 reveals a Prime Investment Opportunity with a current list price of $1,325,000—significantly undercutting the $1,366,403 Fair Market Value by 3%. This valuation gap indicates a +$41,403 Instant Equity potential for buyers. 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

$1,366,403 +$41,403 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Arrowhead.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
27431 Alpen
Subject
$1,325,000*
List Price
443,594$380-
A
27692 Caribou Drive
Sold
$1,150,000433,434$3350.5 mi
B
1161 Nadelhorn Drive
Sold
$1,185,000554,495$2640.3 mi
C
27506 North Bay
Sold
$1,325,000543,442$3850.3 mi
D
27547 W Shore Road
Sold
$1,159,000343,586$3230.2 mi
E
781 Brentwood Drive
Sold
$1,249,000542,700$4630.8 mi
F
1088 Nadelhorn Drive
Sold
$1,150,000332,751$4180.2 mi
G
27391 Alpen
Active
$1,199,000
List Price
643,223$3720.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2001, this property is well-maintained and move-in ready. It features high-quality mountain architecture with recent functional upgrades including newly constructed Trex decks and an EV charging station. While the kitchen and bathrooms likely retain their original 2001 styling, the home shows minimal wear, features vaulted ceilings with exposed beams, and all major systems appear functional and within their expected lifespan.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Lake Views

    The property features exceptional, unobstructed views of Lake Arrowhead and the surrounding ridgelines from multiple levels, including a prime vantage point for the annual fireworks display.

  • Full Lake Rights

    Situated in the desirable Arrowhead Woods, this home includes full lake rights, providing exclusive access to private boating, kayaking, and year-round recreational activities on Lake Arrowhead.

  • Level-Entry Accessibility

    Rare for mountain architecture, this residence offers highly desirable level-entry access and an attached two-car garage equipped with EV charging, enhancing convenience and ease of use.

CONSRISKS & DEFICIENCIES

  • Modest School Ratings

    The local elementary schools carry lower ratings (3 and 4), which may be a drawback for families prioritizing high-performing educational districts.

  • Potential for Interior Updates

    Built in 2001, while the home features new Trex decks, some interior finishes and mechanical systems may soon require modernization to align with contemporary luxury standards.

About 27431 Alpen

Panoramic views of Lake Arrowhead define this 4-bedroom, 4-bathroom residence offering approximately 3,594 square feet in Arrowhead Woods with full lake rights. Positioned to capture sweeping water and ridgeline views from multiple levels, this home pairs refined mountain architecture with desirable level-entry access and an attached two-car garage equipped with electric vehicle charging capability. Vaulted ceilings with exposed beams frame the main living area, where expansive windows showcase the lake as a natural focal point. A stone fireplace anchors the space, while the open-concept layout connects seamlessly to the dining area and kitchen, designed for both everyday living and entertaining. Multiple newly constructed Trex decks extend the living space outdoors, offering low-maintenance durability and generous areas to take in the lake and mountain setting throughout the day. The elevated vantage point provides clear views of Lake Arrowhead’s Fourth of July fireworks display, creating a front-row experience from the comfort of your own deck. The primary suite is oriented toward the views and includes private deck access. The en-suite bathroom features a soaking tub positioned to overlook the lake, along with a fireplace an inviting space to unwind, enjoy a bath, and relax by the fire while taking in the scenery. A spacious game room on the lower level provides additional gathering space, ideal for recreation, media, or hosting guests. Located within Arrowhead Woods, the property includes lake rights to private Lake Arrowhead, allowing access to boating, kayaking, paddleboarding, and year-round recreation. This offering combines scale, views, outdoor living, and lake privileges in one of Lake Arrowhead’s established settings.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2001
Lot Size
12,650 Sq. Ft.

Interior

Total Bedrooms
4
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 • 1.5 mi

4/10

Valley Of Enchantment Elementary School

Grades K-5 • 5.9 mi

3/10

Charles Hoffman Elementary School

Grades K-5 • 7.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths4.03.0
80%
Square foot3,5941,979.5
91%
Lot Size12,6509,767
82%
Price$1.32M$680.0K
88%
Price per sq ft$369$342
57%
Built year20011977
88%
HOA$0$0
50%
Days on market5236
0%

Pricing History

Listed for Sale

Mar 2, 2026

$1,325,000

Initial Listing

Sold

Jan 14, 2021

$925,000

Public Record

Sold

Apr 5, 2007

$865,000

Public Record

Sold

Dec 7, 2001

$488,000

Public Record

Sold

Sep 20, 2000

$43,000

Public Record

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