27721 Caribou, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
27721 Caribou
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 27721 Caribou, Lake Arrowhead, California 92352 reveals a property with a current list price of $995,000, which is 4% above the estimated $954,144 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27721 Caribou Subject | $995,000* List Price | 3 | 3 | 2,704 | $353 | - |
A 27685 St Bernard Sold | $890,000 | 3 | 3 | 2,612 | $341 | 0.1 mi |
B 1290 St Anton Drive Sold | $789,000 | 3 | 3 | 2,282 | $346 | 0.5 mi |
C 27613 Alpen Drive Sold | $1,235,000 | 5 | 4 | 2,873 | $430 | 0.2 mi |
D 28116 Lachen Road Sold | $765,000 | 3 | 2 | 1,963 | $390 | 0.6 mi |
E 28277 Arbon Lane Sold | $975,000 | 5 | 4 | 3,217 | $303 | 0.7 mi |
F 1119 Brentwood Drive Sold | $832,000 | 4 | 4 | 2,323 | $358 | 0.9 mi |
G 1251 Kodiak Drive Active | $995,000 List Price | 3 | 3 | 2,661 | $374 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready, turnkey condition with significant updates despite its 1978 build date. The kitchen features updated stainless steel appliances and hickory cabinetry, while the primary bathroom offers high-end modern amenities like heated floors and a heated towel rack. The inclusion of central heating/air and its successful track record as a high-rated short-term rental confirm that the home is well-maintained with functional major systems.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Views and Outdoor Living
The property boasts unobstructed lake and panoramic mountain views from nearly 1,500 square feet of deck space, providing a premier outdoor experience that maximizes its 'prow' architectural design.
- Proven Investment Performance
As a successful, high-demand short-term rental with a history of five-star reviews and turnkey status, the home offers an immediate and established income stream for investors.
- Premium Amenities and Lake Rights
The inclusion of coveted Lake Rights, a relaxing Jacuzzi spa, and a primary suite featuring heated floor tiles and a jetted tub elevates the property's luxury appeal within the mountain market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9860, other record lot size in square feet = 9500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2704, other record living area = 1926.
- Aging Structure
Built in 1978, the property may require more frequent maintenance or infrastructure updates compared to newer builds, despite its recent cosmetic and appliance upgrades.
- Lower-Rated School District
The assigned elementary school has a rating of 3/10, which may be a deterrent for primary-residence buyers prioritizing high-performing educational facilities for their children.
About 27721 Caribou
LAKEVIEW, check. BELOW MARKET PRICE, check. SUCCESSFUL STR/AirBnB History, check. Look no further -- THIS IS IT and the seller is MOTIVATED (recent MAJOR price reduction). Wow! ...will be your jaw dropping reaction when you enter this wonderful turnkey A-frame/prow mountain motif home - with LAKE RIGHTS - and see your unobstructed lake view and panoramic ridgetop views, including nearby Snow Valley and San Gorgonio, all from your deck chairs and firepit. This lovely home, with a great "cabin feel" and near level entry, exudes relaxation and fun, from the nearly 1,500 SF of lake view deck space, to the game room with a two in one game table with billiards, and table tennis. Don’t forget the relaxing Jacuzzi spa! The kitchen features hickory cabinets, recently updated stainless steel appliances, and a new LG refrigerator. Relax in the spacious A-frame/prow great room, with terrific lake and mountain views, and enjoy a cozy fire in your Regency airtight wood burning stove. The large primary bedroom offers breathtaking views, deck and spa access, a gas insert fireplace for easy fires late at night, and plenty of built-in dresser space, along with a spacious walk-in closet. The primary bath boasts a dual sink, a separate walk-in shower and jetted tub, as well as heated floor tiles and a heated towel rack! The additional two large bedrooms upstairs offer more lake views and quiet sitting areas. The main level game room could easily be converted to a fourth bedroom. All three bathrooms have charming, designer touches including mountain themed backsplashes and painted sinks. Be comfortable year-round with central heat and air conditioning. The home also has a laundry and work room, and a concrete and insulated basement for plentiful storage. This home is a successful, high demand STR - producing a strong income flow - with all 5 star guest reviews and a highly rated AirBnB host. This turnkey, unobstructed lake view house at this price point is a rare find on the mountain. Seller is motivated, as evident by the below market pricing. Come see this gem now, and start enjoying the lake lifestyle at its finest!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 9,860 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 1.2 mi
Valley Of Enchantment Elementary School
Grades K-5 • 6.3 mi
Charles Hoffman Elementary School
Grades K-5 • 7.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,704 | 1,979.5 | 78% |
| Lot Size | 9,860 | 9,767 | 51% |
| Price | $995.0K | $680.0K | 80% |
| Price per sq ft | $368 | $342 | 57% |
| Built year | 1978 | 1977 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 236 | 0% |
Pricing History
Listed for Sale
Feb 27, 2026
$995,000
Initial Listing
Sold
Feb 29, 2012
$530,000
Public Record
Sold
Jul 10, 1997
$180,000
Public Record