27598 Meadow Bay Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 4 bath
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Lake Arrowhead, California 92352
Analysis of 27598 Meadow Bay Drive, Lake Arrowhead, California 92352 reveals a property with a current list price of $3,199,000, which is 9% above the estimated $2,894,678 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27598 Meadow Bay Drive Subject | $3,199,000* List Price | 5 | 4 | 4,063 | $712 | - |
A 161 Rocky Point Road Sold | $2,550,000 | 4 | 4 | 3,720 | $685 | 0.5 mi |
B 27581 Meadow Bay Drive Active | $3,995,000 List Price | 6 | 6 | 4,449 | $898 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 1987, but the listing mentions a newly remodeled kitchen and new engineered white oak hardwood flooring throughout. The images show a well-maintained home with modern updates. While not 'excellent' due to the age of the property, the recent renovations and overall condition justify a 'good' score.
Includes a half-double, fully refurbished dock and lake rights, providing direct access and enjoyment of Lake Arrowhead.
Located in the highly coveted gated lakeside community of Meadow Shores, offering security and exclusivity.
The property is being sold fully furnished, making it move-in ready and appealing to buyers seeking immediate occupancy or rental potential.
The property has an association fee of $140.0, which adds to the monthly cost of ownership.
The list price has been reduced from an original price of $3,399,000 to $3,199,000, which may indicate challenges in the market or perceived overpricing initially.
Built in 1987, the property may require updates in the future to maintain a modern appeal.
Welcome to 27598 Meadow Bay Drive! Step into this stunning, fully furnished home in a highly coveted gated lakeside community of Meadow Shores, where luxury meets comfort. Designed for both elegance and everyday living, this property offers a unique blend of sophistication and practicality. Located just a short stroll across the street from the lake at the end of the culdesac, this home includes a half-double, fully refurbished dock, perfect for boating enthusiasts. The pride of ownership is evident in every detail, from the open floor plan on the main level to the high-end upgrades throughout. The versatile extra room on the main level can serve as an office, additional bedroom, or any space you desire. Upstairs, the primary suite is a true retreat, featuring a cozy fireplace and ample space. Alongside the primary, you’ll find three additional spacious bedrooms. The exterior is equally impressive, boasting a beautiful deck and outdoor entertaining area where you can host gatherings or relax in tranquility. Recent upgrades include brand new engineered white oak hardwood flooring throughout and a newly remodeled kitchen, adding even more value to this exceptional property. Lake rights included! Don’t miss the opportunity to own this elegant home—schedule your viewing today and experience lakeside living at its finest! *A 2020 MB Tomcat, fully-loaded ski boat that has been professionally stored and serviced is available with the right offer! Ask for details.
No exterior & parking available.
Grades PK-5 • 1.7 mi
Grades K-5 • 6.0 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 86% |
| Baths | 4.0 | 3.0 | 79% |
| Square foot | 4,063 | 1,973.5 | 93% |
| Lot Size | 7,500 | 9,897 | 20% |
| Price | $3.20M | $695.0K | 98% |
| Price per sq ft | $787 | $349 | 96% |
| Built year | 1987 | 1978 | 70% |
| HOA | $140.0 | $0 | 85% |
| Days on market | 461 | 225 | 96% |
Aug 5, 2025
$3,199,000
Initial Listing
Jan 20, 2025
$3,399,000
Initial Listing