27547 Alpen Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 4 bath
27547 Alpen Drive
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 27547 Alpen Drive, Lake Arrowhead, California 92352 reveals a Fairly Priced Property with a current list price of $800,000 aligned with the estimated $800,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 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 27440 Alpen Drive Sold | $905,000 | 3 | 3 | 2,783 | $325 | 0.2 mi |
C 27685 St Bernard Sold | $890,000 | 3 | 3 | 2,612 | $341 | 0.2 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 1290 St Anton Drive Sold | $789,000 | 3 | 3 | 2,282 | $346 | 0.7 mi |
G 27721 St Bernard Lane Active | $599,990 List Price | 3 | 3 | 2,390 | $251 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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include granite countertops, wood cabinetry, and tile flooring, which are functional but show signs of being somewhat outdated in style (e.g., backsplash patterns, glass block in master bath).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.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Panoramic Lake & Mountain Views
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.
- Full Lake Rights
A significant and highly desirable amenity in Lake Arrowhead, providing exclusive access and privileges to the lake.
CONSRISKS & DEFICIENCIES
- Age of Property
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.
- Tri-Level Layout
The tri-level design, while offering distinct living spaces and views, may present accessibility challenges for some buyers due to multiple staircases.
- Recent Price Reductions
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.
About 27547 Alpen Drive
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 16,300 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 • 1.4 mi
Valley Of Enchantment Elementary School
Grades K-5 • 6.1 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 | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 2,838 | 1,979.5 | 81% |
| Lot Size | 16,300 | 9,767 | 92% |
| Price | $800.0K | $680.0K | 66% |
| Price per sq ft | $282 | $341 | 23% |
| Built year | 1964 | 1977 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 247 | 238 | 55% |
Pricing History
Listed for Sale
Jan 28, 2026
$800,000
$849,000
-6% Price Drop
Initial Listing
Price Change
Dec 14, 2025
$849,000
$899,000
-6% Price Drop
Initial Listing
Price Change
Jul 3, 2025
$899,000
Initial Listing