27491 Oakwood Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
27491 Oakwood Drive
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 27491 Oakwood Drive, Lake Arrowhead, California 92352 reveals a property with a current list price of $950,000, which is 3% above the estimated $912,862 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 27491 Oakwood Drive Subject | $950,000* List Price | 3 | 3 | 1,497 | $610 | - |
A 190 Cedar Circle Sold | $836,000 | 3 | 2 | 1,252 | $668 | 0.6 mi |
B 607 Old Toll Road Sold | $799,000 | 3 | 2 | 1,477 | $541 | 0.5 mi |
C 997 Nadelhorn Drive Sold | $1,200,000 | 4 | 4 | 1,784 | $673 | 0.9 mi |
D 325 Primrose Circle Sold | $697,000 | 3 | 2 | 1,285 | $542 | 1.0 mi |
E 133 Grizzly Road Sold | $810,000 | 3 | 2 | 1,573 | $515 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1979, this property has clearly undergone an extensive and high-quality renovation, likely within the last 5 years. The kitchen features modern dark wood cabinetry, black granite countertops, and stainless steel appliances, all in excellent condition. The bathrooms are fully updated with contemporary vanities, stylish subway tiling, modern fixtures, and recessed lighting. Throughout the main living areas, the property boasts modern wood-look tile flooring, and bedrooms have clean, well-maintained carpeting. The overall aesthetic is a cohesive rustic-modern design, with all visible components appearing new or virtually new, meeting current quality standards with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Just moments away from downtown Lake Arrowhead, offering easy access to boutiques, gourmet restaurants, and recreational activities like hiking, boating, and skiing.
- Exclusive Lake Rights
Includes valuable lake rights, providing direct access to Lake Arrowhead's recreational opportunities, a significant draw for the area.
- Luxurious & Modern Interior
Features a beautifully updated interior with an open-concept living area, soaring ceilings, rich wood accents, and a gourmet kitchen with high-end appliances and granite countertops, blending rustic charm with modern elegance.
CONSRISKS & DEFICIENCIES
- Original Construction Year
Built in 1979, the property's age may imply potential for older systems (e.g., plumbing, electrical, HVAC) that might require future maintenance or upgrades not explicitly detailed as modernized.
- Price History & Market Value Discrepancy
Experienced a significant price reduction from $1.1M to $950K and is still listed above its estimated market value ($880,343), indicating potential overpricing or challenges in market absorption.
- Modest Square Footage for Price Point
At 1497 sqft, the living space might be considered modest for a property marketed as 'luxurious' and priced near a million dollars, potentially limiting appeal for buyers seeking larger homes.
About 27491 Oakwood Drive
Discover the ultimate getaway in this luxurious cabin nestled in the breathtaking Lake Arrowhead woods, California, just moments away from the charming downtown area! This stunning retreat not only comes with lake rights but also perfectly balances rustic charm and modern elegance, offering a serene escape in the heart of nature. Step inside to find an inviting open-concept living area adorned with soaring ceilings, rich wood accents, and large windows that frame picturesque views of the surrounding forest and sparkling lake. The cozy living room features a gorgeous stone fireplace, perfect for curling up with a book or gathering with loved ones after a day of outdoor adventures. The gourmet kitchen is a chef’s delight, boasting high-end stainless steel appliances, granite countertops, and ample cabinetry. It is perfect for preparing delicious meals or entertaining guests. Enjoy your culinary creations in the spacious dining area, where the breathtaking scenery provides a spectacular backdrop for every meal. Retreat to the luxurious master suite, featuring plush furnishings, a private ensuite bathroom, and access to a deck where you can sip your morning coffee while basking in the tranquility of nature. Additional well-appointed bedrooms ensure that family and friends can enjoy the fun, each offering comfort and style. Step outside to embrace the great outdoors with a spacious deck perfect for al fresco dining, featuring stunning views and the sounds of nature. Whether enjoying a summer barbecue or taking in the crisp mountain air during winter, this cabin offers year-round enjoyment. With downtown Lake Arrowhead just a short stroll away, you’ll have easy access to delightful boutiques, gourmet restaurants, and recreational activities, including hiking, boating, and skiing – all complemented by the charming ambiance of this mountain community. Don’t miss the opportunity to own this luxurious cabin in Lake Arrowhead, where every moment is an adventure, and relaxation is at your fingertips. Your idyllic mountain retreat awaits!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 12,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 1.9 mi
Valley Of Enchantment Elementary School
Grades K-5 • 5.9 mi
Charles Hoffman Elementary School
Grades K-5 • 7.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,497 | 1,971 | 23% |
| Lot Size | 12,500 | 9,767 | 82% |
| Price | $950.0K | $680.0K | 77% |
| Price per sq ft | $635 | $342 | 90% |
| Built year | 1979 | 1977 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 319 | 238 | 83% |
Pricing History
Listed for Sale
Oct 15, 2025
$950,000
Initial Listing
Price Change
Apr 22, 2025
$1,100,000
Initial Listing