
Lake Arrowhead, California 92352
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $785,000—positioned well above the $766,480 Fair Market Value by 2%. While priced slightly above market, the property features an Excellent Condition Rating following a high-end renovation, including a remodeled kitchen and spa-inspired bathrooms. With an active STR permit, Lake Rights, and a private hot tub, this home offers immediate lifestyle and income potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a refined, move-in-ready alpine sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27585 Alpen Drive Subject | $785,000* List Price | 4 | 3 | 1,832 | $418 | - |
A 27582 North Bay Sold | $750,000 | 3 | 2 | 1,934 | $388 | 0.1 mi |
B 27482 Matterhorn Active | $699,000 List Price | 3 | 2 | 1,406 | $497 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years, featuring a fully remodeled kitchen with stone surfaces and designer cabinetry, updated spa-inspired bathrooms, and modern HVAC systems including mini-split A/C. Despite the 1969 build date, the interior is in mint condition with contemporary finishes and no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18000, living area = 1832.
The home features a high-end remodel with a stunning kitchen, spa-like bathrooms, and soaring wood-beamed ceilings, offering a turnkey mountain-modern aesthetic.
The inclusion of coveted Lake Rights and an active Short Term Rental (STR) permit provides significant value for buyers looking for a vacation home or income-generating property.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1832, other record living area = 1632. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally built in 1969, the property may require more ongoing maintenance of its core systems compared to a newer construction home.
Local elementary schools carry lower performance ratings (3 and 4), which may be a consideration for primary-residence buyers with school-aged children.
Nestled among the trees on the sunny and quiet side of Lake Arrowhead, 27585 Alpen Drive is an elevated mountain retreat that effortlessly blends classic gambrel architecture with sophisticated modern design. Offering 4 bedrooms, 3 bathrooms, coveted Lake Rights, A/C, and an active STR permit, this beautifully updated home features charming lake views from two levels, bringing glimpses of the water into the home's serene alpine setting. Thoughtfully curated with designer finishes, warm natural textures, and inviting spaces designed for gathering and unwinding, the home strikes the perfect balance between refined style and mountain comfort. Inside, soaring wood-beamed ceilings and abundant natural light create an airy yet cozy atmosphere. The open-concept main living area flows seamlessly into a stunning remodeled kitchen featuring soft sage cabinetry, stone surfaces, custom lighting, open shelving, and a spacious center island ideal for entertaining. Throughout the home, every detail has been intentionally selected to create a refined mountain aesthetic that feels both timeless and elevated. With three separate living spaces, including the main living room, an open loft, and a lower-level bonus room, the home offers exceptional flexibility for hosting family and friends, relaxing after a day on the lake, or creating distinct spaces for entertainment and retreat. Outside, the property is equally inviting with a thoughtfully designed outdoor seating area and private hot tub surrounded by trees and fresh mountain air, perfect for cozy evenings under the stars or quiet mornings immersed in nature. The bathrooms have been tastefully renovated with spa-inspired finishes that complement the home's warm, modern style. Every space has been carefully updated while preserving the charm and character that make gambrel homes so iconic in Lake Arrowhead. Ideally located just a short drive from the village, restaurants, shops, and lake access, this home offers the rare combination of tranquility, style, and convenience, an effortlessly elevated mountain escape in one of Lake Arrowhead's most desirable settings.
No exterior & parking available.
Grades PK-5 • 1.3 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 | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,832 | 1,979.5 | 45% |
| Lot Size | 18,000 | 9,936.5 | 89% |
| Price | $785.0K | $667.5K | 64% |
| Price per sq ft | $428 | $344 | 71% |
| Built year | 1969 | 1978 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 215 | 1% |
May 18, 2026
$785,000
Initial Listing
Jan 12, 2021
$350,000
Public Record