27721 Peninsula Drive 228, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 4 bath
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Lake Arrowhead, California 92352
Analysis of 27721 Peninsula Drive 228, Lake Arrowhead, California 92352 is currently available with a list price of $1,400,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although built in 1979, the property has been completely reimagined and remodeled from top to bottom within the last 5 years. It features a high-end chef's kitchen with premium appliances, four fully remodeled bathrooms, custom millwork, and modern finishes throughout, presenting in mint, move-in-ready condition.
As the only free-standing residence in the complex with no shared walls, this property offers the rare privacy of a single-family mountain home with the maintenance benefits of a condominium.
The inclusion of a private dock slip and immediate access to Meadow Bay’s private beach provides significant value and effortless entry into the Lake Arrowhead lifestyle.
The fully equipped lower-level guest unit with a separate entrance, full kitchen, and laundry offers exceptional versatility for multi-generational living or hosting guests in a private setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2522, other record living area = 2101. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The monthly HOA fee of $684 is a substantial recurring expense that adds to the overall carrying cost of the property.
The assigned elementary schools carry lower performance ratings (3 and 4), which may be a drawback for families prioritizing top-tier public education.
Unique free standing townhome and dock offering! Nestled within the coveted enclave of Meadow Bay North, Meadow Bay Townhome Unit 228 offers a rare blend of luxury, privacy, and effortless lakeside living. A special residence in the complex with no shared walls, this beautifully remodeled retreat lives more like a private mountain home, surrounded by mature foliage and peaceful lake views. Completely reimagined from top to bottom, the home showcases exceptional craftsmanship with custom millwork, high-end finishes, and a serene lake-inspired aesthetic throughout. Vaulted beamed ceilings create a dramatic sense of space, while expansive windows invite in natural light and glimpses of Lake Arrowhead. The thoughtfully designed floor plan features five spacious bedrooms and four fully remodeled bathrooms, offering comfort and flexibility for both family living and entertaining.The entire top level is dedicated to the stunning primary ensuite, creating a true private sanctuary with beautiful lake views and a peaceful, elevated setting. The main living areas flow seamlessly into a warm and inviting great room with a stone clad fireplace and warm wood paneling, opening to a charming patio nestled among the treesperfect for enjoying crisp mountain mornings or relaxing evenings after a day on the water. The beautifully appointed chef's kitchen blends timeless design with elevated functionality, making the heart of the home equally stylish and welcoming. A standout feature of the property is the private guest unit located downstairs with its own separate entrance. Ideal for guests, extended family, or multi-generational living, this fully equipped space includes a full kitchen, bedroom, bathroom, living room with fireplace, and its own laundry area, creating a true independent retreat. Just a short stroll down the path leads to Meadow Bay's private beach and the included dock at Condo 1 Slip 2, making lake access effortless and convenient. Whether spending summer days on the water or enjoying the tranquility of the mountains year-round, this exceptional property embodies lakeside living at its finest.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades K-5 • 6.1 mi
Grades K-5 • 7.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 89% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,522 | 1,404 | 89% |
| Lot Size | 1,258 | 923 | 78% |
| Price | $1.40M | $390.0K | 89% |
| Price per sq ft | $555 | $326 | 67% |
| Built year | 1979 | 1981 | 33% |
| HOA | $684.0 | $615 | 78% |
| Days on market | 27 | 189 | 11% |
May 19, 2026
$1,400,000
Initial Listing
Apr 15, 2022
$950,000
Public Record
Oct 30, 2020
$675,000
Public Record
Dec 13, 2019
$335,000
Public Record
Jun 14, 1996
$152,000
Public Record