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

27431 Alpen
Lake Arrowhead, California 92352
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27431 Alpen Subject | $1,325,000* List Price | 4 | 4 | 3,594 | $380 | - |
A 27692 Caribou Drive Sold | $1,150,000 | 4 | 3 | 3,434 | $335 | 0.5 mi |
B 1161 Nadelhorn Drive Sold | $1,185,000 | 5 | 5 | 4,495 | $264 | 0.3 mi |
C 27506 North Bay Sold | $1,325,000 | 5 | 4 | 3,442 | $385 | 0.3 mi |
D 27547 W Shore Road Sold | $1,159,000 | 3 | 4 | 3,586 | $323 | 0.2 mi |
E 781 Brentwood Drive Sold | $1,249,000 | 5 | 4 | 2,700 | $463 | 0.8 mi |
F 1088 Nadelhorn Drive Sold | $1,150,000 | 3 | 3 | 2,751 | $418 | 0.2 mi |
G 27391 Alpen Active | $1,199,000 List Price | 6 | 4 | 3,223 | $372 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Valley Of Enchantment Elementary School
Grades K-5 • 5.9 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 | 4.0 | 3.0 | 55% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 3,594 | 1,979.5 | 91% |
| Lot Size | 12,650 | 9,767 | 82% |
| Price | $1.32M | $680.0K | 88% |
| Price per sq ft | $369 | $342 | 57% |
| Built year | 2001 | 1977 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 236 | 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
























