
Lake Arrowhead, California 92352
Analysis of 27657 Peninsula Drive 106, Lake Arrowhead, California 92352 is currently available with a list price of $522,500. 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.
Property is move-in ready.
While built in 1979, the property has undergone significant renovations within the 5-15 year range. The kitchen is updated with granite countertops, stainless steel appliances, and soft-close cabinetry. High-quality flooring upgrades like chiseled hickory and travertine tile, along with meticulous maintenance, make this home functional and move-in ready.
Located in Meadow Bay North, residents benefit from the largest private beach in the area, gated security, and comprehensive HOA services including snow removal and exterior maintenance.
The townhome features high-quality finishes such as chiseled hickory hardwood, travertine tile, granite countertops, and upgraded appliances including a dedicated wine refrigerator.
Offered fully furnished with a spacious four-bedroom layout, this property is ideal for immediate use as a vacation home or a high-capacity mountain retreat.
With over 200 days on the market and a recent price increase, the property may face scrutiny from buyers regarding its competitive positioning and value.
While the property offers multiple balconies, the lake view is described as 'peekaboo,' which may not meet the expectations of buyers prioritizing a direct waterfront vista.
Ready for its new owners, this Meadow Bay North townhome has been carefully maintained and thoughtfully improved over the years. Situated away from and above Peninsula Drive, it is easily accessible by taking a few steps from the parking area. The interior features four bedrooms providing privacy and separation from the main living areas. Both the living and dining areas are located near the kitchen with its granite counters, upgraded appliances including a separate wine/beverage refrigerator, cabinets equipped with pullouts and soft close doors and drawers. The living area boasts plenty of room for seating and a cozy gas-fired fireplace. Flooring upgrades include chiseled hickory hardwood and travertine tile. Three balconies offer tree level views and a peekaboo view of the lake from the deck off of the living room. There’s abundant storage inside as well as a separate build up accessed from the outside. The Meadow Bay North community provides unique features including the largest private beach for exclusive use by residents and their guests. There's an area for beach volleyball and a section where your furry friends are welcome. The MBN crew provides weekly trash pickup, snow removal and exterior maintenance of the homes and 17 acres of gated property. The home is being offered furnished. A dock located nearby in Meadow Bay is available for purchase for extra $$$. Don’t miss your chance to view this special home and begin enjoying four seasons of mountain life.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades K-5 • 6.1 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 1,865 | 2,000 |
| Lot Size | 850 | 1,258 |
| Price | $522.5K | $1.25M |
| Price per sq ft | $280 | $625 |
| Built year | 1979 | 1973 |
| HOA | $684.0 | $684 |
| Days on market | 257 | 155 |
Feb 26, 2026
$522,500
$500,000
+5% Price Increase
Initial Listing
Dec 26, 2025
$500,000
Initial Listing
Sep 22, 2009
$187,000
Public Record
May 27, 2009
$125,500
Public Record
Nov 20, 2006
$435,000
Public Record
Nov 27, 2002
$395,000
Public Record
Aug 29, 2002
$265,000
Public Record
Aug 10, 2001
$229,000
Public Record