27657 Peninsula Dr. 131, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 2 bath

27657 Peninsula Dr. 131, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$460,000
27657 Peninsula Dr. 131, Lake Arrowhead, California 92352
2Beds
2Baths
1,196Sqft
598Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Recent Remodel: The home has been newly remodeled with significant upgrades including new kitchen cabinets, quartz countertops, stainless steel appliances, new flooring, ceiling fans, and light fixtures, offering a modern and move-in ready interior.
Top Cons:
High Monthly HOA Fee: The association fee of $684.0 per month is substantial and adds a significant recurring cost to homeownership, which could deter some buyers.

Compared to the nearby listings

Price:$460.0K vs avg $819.0K ($-359,000)20%
Size:1,196 sqft vs avg 1,908.5 sqft10%
Price/sqft:$385 vs avg $48930%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, the property has undergone a 'newly remodeled' renovation, as explicitly stated and visually confirmed. The kitchen features new white shaker cabinets, stainless steel appliances, and quartz countertops, all in a modern style. Bathrooms also boast quartz countertops and updated fixtures. New luxury vinyl flooring and carpet are installed throughout, along with new light fixtures and ceiling fans. The floor-to-ceiling stone fireplace adds a contemporary touch. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the criteria for an 'Excellent' condition rating for a recently renovated property.
Year Built
1980
Close
-
List price
$460K
Original List price
$460K
Price/Sqft
$385
HOA
$684
Days on market
-
Sold On
-
MLS number
IG25122049
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

You may ask yourself "Why should I purchase a Meadow Bay North townhome versus single family residence"? Well, think about it. In a SFR, you wake up in the morning and have your cup of coffee. Then what? How do you spend the rest of your day? Get in your car and drive somewhere? Or maybe you begin all your home maintenance chores? A home in MBN is a totally different lifestyle. You wake up in the morning, have your cup of coffee and maybe walk to your private beach where you can spend the day sunning, swimming, and meeting other MBN homeowners. Before long, you make good friends, and your children make good friends. There's nothing more special than that. So this is your opportunity to purchase the lowest priced home in this prestigious community. This newly remodeled 2 bedroom home is absolutely charming. Just some of the enhancements include new kitchen cabinets with built-in bench seat, floor to ceiling stone fireplace, stainless steel appliances, quartz countertops in kitchen and bathrooms, new carpet and luxury vinyl flooring, ceiling fans, and new light fixtures. Grab your morning cup of coffee and step out to your deck that overlooks a beautiful mountain treeline. Then take a short walk to the private beach where you can sit on the lighthouse bench and just take in the peaceful lake view and feel all life's stresses disappear. No need to worry about exterior maintenance either, because the HOA fee includes exterior maintenance of roofs, siding and decks plus trash and snow removal. Short term rentals are allowed with a county permit and a 6 night minimum. Don’t wait. It's a real pleasure to show this home and I'm always available. Call Barb for a showing.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-51.5mi
3/10
Valley Of Enchantment Elementary School
Public,K-56.1mi
4/10
Charles Hoffman Elementary School
Public,K-57.3mi
5/10
Mary P. Henck Intermediate School
Public,6-80.7mi
/10
Rim Virtual
Public,K-81.0mi
6/10
Rim Of The World Senior High School
Public,9-122.1mi
Condition Rating
Excellent

Despite being built in 1980, the property has undergone a 'newly remodeled' renovation, as explicitly stated and visually confirmed. The kitchen features new white shaker cabinets, stainless steel appliances, and quartz countertops, all in a modern style. Bathrooms also boast quartz countertops and updated fixtures. New luxury vinyl flooring and carpet are installed throughout, along with new light fixtures and ceiling fans. The floor-to-ceiling stone fireplace adds a contemporary touch. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the criteria for an 'Excellent' condition rating for a recently renovated property.
Pros & Cons

Pros

Extensive Recent Remodel: The home has been newly remodeled with significant upgrades including new kitchen cabinets, quartz countertops, stainless steel appliances, new flooring, ceiling fans, and light fixtures, offering a modern and move-in ready interior.
Low-Maintenance Lifestyle: The HOA fee covers exterior maintenance (roofs, siding, decks), trash, and snow removal, providing a hassle-free living experience ideal for a vacation home or primary residence.
Exclusive Community Amenities: Access to a private beach within the Meadow Bay North community offers unique recreational opportunities for sunning, swimming, and socializing, fostering a strong community feel.
Short-Term Rental Potential: The property allows short-term rentals with a county permit and a 6-night minimum, presenting a valuable income-generating opportunity for investors or part-time residents.
Scenic Mountain Views: The deck offers beautiful mountain treeline views, and the private beach provides peaceful lake views, enhancing the property's appeal as a serene retreat.

Cons

High Monthly HOA Fee: The association fee of $684.0 per month is substantial and adds a significant recurring cost to homeownership, which could deter some buyers.
Age of Property: Built in 1980, the property is over 40 years old. While recently remodeled, potential buyers may have concerns about the age of underlying systems not explicitly mentioned as updated.
Rental Minimum Stay Restriction: While short-term rentals are allowed, the 6-night minimum stay requirement might limit flexibility for potential renters seeking shorter weekend getaways, potentially impacting rental occupancy rates.

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