27547 Alpen Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 4 bath
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Lake Arrowhead, California 92352
This Classic Lake Arrowhead View Retreat is a versatile mountain residence listed at $800,000, representing a stable acquisition at its $800,000 Fair Market Value. Maintaining a Condition Rating of 4, the home features Full Lake Rights and Panoramic Lake and Mountain Views across three levels. The layout provides significant "house hack" utility via a Separate 1-Bedroom Lower Unit with its own kitchen and meter. Located in the Rim of the World district, the expansive 16,300 Sqft Lot offers rare expansion potential. This property is an ideal fit for Short-Term Rental Investors or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27547 Alpen Drive Subject | $800,000* List Price | 3 | 4 | 2,838 | $282 | - |
A 1148 Nadelhorn Drive Sold | $915,000 | 4 | 3 | 2,615 | $350 | 0.2 mi |
B 27685 St Bernard Sold | $890,000 | 3 | 3 | 2,612 | $341 | 0.2 mi |
C 28245 Arbon Lane Sold | $780,000 | 3 | 3 | 2,811 | $277 | 0.9 mi |
D 28129 North Bay Road Sold | $610,000 | 3 | 3 | 2,419 | $252 | 0.7 mi |
E 27618 W Shore Road Sold | $680,000 | 3 | 3 | 2,242 | $303 | 0.1 mi |
F 27288 Bernina Drive Sold | $695,000 | 3 | 2 | 2,077 | $335 | 0.6 mi |
G 28000 West Shore Drive Active | $1,010,000 List Price | 4 | 4 | 2,958 | $341 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is aged, but images show significant renovations to the kitchens and bathrooms, likely completed 15-25 years ago. These updates include granite countertops, wood cabinetry, and tile flooring, which are functional but show signs of being somewhat outdated in style (e.g., backsplash patterns, glass block in master bath). The presence of a window AC unit and portable heater suggests that while systems are functional, they may not be fully modern or integrated. Overall, the home is well-maintained and move-in ready, but not extensively renovated within the last 15 years to meet current quality standards across all components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16300, living area = 2838.
The property offers captivating panoramic Lake and mountain views from nearly every room, including the master suite, guest bedroom, loft, family room, dining area, and private balconies.
A significant and highly desirable amenity in Lake Arrowhead, providing exclusive access and privileges to the lake.
Built in 1964, the home is a 'classic charmer,' which may imply some systems or finishes could be original or require updating to meet modern standards, despite being well-equipped.
The tri-level design, while offering distinct living spaces and views, may present accessibility challenges for some buyers due to multiple staircases.
The property has undergone two price reductions from its original list price of $899,000 to $800,000, which could indicate an initial overpricing or a slower market response.
Welcome to 27547 Alpen Drive – A Classic Lake Arrowhead View Charmer with Full Lake Rights! This captivating tri-level mountain retreat offers panoramic Lake & mountain views from nearly every room—including the master suite, guest bedroom, loft, family room, dining area, and even the private balcony of the lower-level unit. Set on a spacious, usable lot with expansion potential, this home is a rare opportunity for full-time living, vacationing, or rental income. The main residence (Unit A) features 2 ensuite bedrooms, including a primary suite with a jetted tub overlooking the lake, a spacious den (optional 3rd bedroom), full guest bath, a cozy loft with built-in sleeping space, a well-equipped kitchen, and 2 expansive lake-view balconies. The lower level (Unit B) has its own private entrance, its own Lake view deck and includes a 1-bedroom, 1-bath layout with a full kitchen—ideal for guests or rental income. Both units have separate meters & water heaters. ***The lot offers exceptional value with space to add 2 additional structures or additional parking for boats or vehicles on the lower portion of the property. Whether you're looking for an investment opportunity or a peaceful escape with unbeatable views, this Lake Arrowhead home is a must-see!
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades K-5 • 6.1 mi
Grades K-5 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 2,838 | 1,964 | 80% |
| Lot Size | 16,300 | 9,857 | 91% |
| Price | $800.0K | $692.5K | 64% |
| Price per sq ft | $282 | $346 | 22% |
| Built year | 1964 | 1978 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 293 | 229 | 69% |
Jan 28, 2026
$800,000
$849,000
-6% Price Drop
Initial Listing
Dec 14, 2025
$849,000
$899,000
-6% Price Drop
Initial Listing
Jul 3, 2025
$899,000
Initial Listing