27657 Peninsula Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 2 bath
ACTIVE$425,000
27657 Peninsula Drive, Lake Arrowhead, California 92352
2Beds
2Baths
1,196Sqft
1,794Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Turnkey Condition & Recent Updates: The condo has been recently updated, featuring a completely remodeled kitchen with new cabinets, quartz countertops, and stainless steel appliances, along with new luxury vinyl planks, carpet, and fresh paint throughout, offering a move-in ready experience.
Top Cons:
High Monthly Association Fee: The monthly association fee of $684.0 is substantial for a 2-bedroom, 1.5-bath condominium, which could impact affordability and long-term ownership costs.
Compared to the nearby listings
Price:$425.0K vs avg $415.0K (+$10,000)50%
Size:1,196 sqft vs avg 1,436 sqft29%
Price/sqft:$355 vs avg $25457%
More Insights
Built in 1980 (45 years old).
Condition: Despite being built in 1980, this property has undergone a comprehensive and very recent renovation. The description explicitly states a 'completely remodeled kitchen with brand new cabinets, quartz countertops with all new stainless steel appliances,' along with 'new luxury vinyl planks and carpet' and 'fresh paint throughout.' The images confirm a modern, high-quality finish in the kitchen and bathrooms, featuring contemporary fixtures, hardware, and materials. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'extensively renovated within 5 years' criteria for an excellent rating.
Year Built
1980
Close
-
List price
$425K
Original List price
$455K
Price/Sqft
$355
HOA
$684
Days on market
-
Sold On
-
MLS number
IG25215798
Home ConditionExcellent
Features
Good View: Lake, Trees/Woods
Deck
ViewLake, Trees/Woods
About this home
Lake living at its finest! Welcome to the community of Meadow Bay North. This turnkey 2 bedroom 1.5 bath condo has been recently updated to give you the perfect weekend getaway. Walking up the stairs to the living area, you will see the floor to ceiling stoned fireplace and a balcony that offers a beautiful view of the woods and a peekaboo of the lake! Turn around to find a completely remodeled kitchen with brand new cabinets, quarts countertops with all new stainless steel appliances. There is also a built in bench seat for the future dining area. New luxury vinyl planks and carpet have been installed and fresh paint throughout the home. If you are not familiar with Meadow Bay North, what really sets it apart from the rest of the lake is its private beach which is the largest on the lake, only available to residents and their guests. Come see this home in person and don't forget to take the short walk down to the beach to see the beauty of Lake Arrowhead and Meadow Bay North.
Nearby schools
4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.5mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•6.1mi
4/10
Charles Hoffman Elementary School
Public,•K-5•7.3mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•0.7mi
/10
Rim Virtual
Public,•K-8•1.0mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.1mi
Condition Rating
Excellent
Despite being built in 1980, this property has undergone a comprehensive and very recent renovation. The description explicitly states a 'completely remodeled kitchen with brand new cabinets, quartz countertops with all new stainless steel appliances,' along with 'new luxury vinyl planks and carpet' and 'fresh paint throughout.' The images confirm a modern, high-quality finish in the kitchen and bathrooms, featuring contemporary fixtures, hardware, and materials. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'extensively renovated within 5 years' criteria for an excellent rating.
Pros & Cons
Pros
Turnkey Condition & Recent Updates: The condo has been recently updated, featuring a completely remodeled kitchen with new cabinets, quartz countertops, and stainless steel appliances, along with new luxury vinyl planks, carpet, and fresh paint throughout, offering a move-in ready experience.
Exclusive Private Beach Access: Residents enjoy access to Meadow Bay North's private beach, which is the largest on Lake Arrowhead and exclusive to residents and their guests, providing a significant recreational amenity.
Scenic Views: The property includes a balcony offering beautiful views of the woods and a peekaboo view of Lake Arrowhead, enhancing its appeal as a serene getaway.
Desirable Community: Located in the sought-after Meadow Bay North community, known for its 'lake living at its finest' and exclusive amenities, contributing to a desirable lifestyle.
Cozy Ambiance: A floor-to-ceiling stoned fireplace in the living area adds significant character and warmth, perfect for a mountain retreat.
Cons
High Monthly Association Fee: The monthly association fee of $684.0 is substantial for a 2-bedroom, 1.5-bath condominium, which could impact affordability and long-term ownership costs.
Price Reduction History: The property has undergone multiple price reductions from its original list price of $455,000 to $425,000, potentially indicating initial overpricing or challenges in attracting buyers.
Compact Living Space: With 1196 square feet, 2 bedrooms, and 1.5 baths, the property offers relatively compact living quarters, which may limit its appeal to buyers seeking more spacious accommodations or those with larger families.