
Lake Arrowhead, California 92352
This Stunning Move-In Ready Townhouse is listed at $725,000, offering exceptional value right at its $727,925 Fair Market Value. Featuring a modernized mountain aesthetic with a designer kitchen, stone fireplace, and private deck, the property boasts a Mint Condition Rating requiring zero immediate work. Situated in the gated Meadow Bay North community, residents enjoy exclusive private beach access and lake rights. With its turnkey status and proximity to the Rim of the World school district, this listing is the perfect fit for vacation home seekers or first-time buyers desiring a stress-free mountain lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27721 Peninsula Drive 231 Subject | $725,000* List Price | 3 | 2 | 1,263 | $576 | - |
A 27657 Peninsula Dr. #135 Active | $740,000 List Price | 3 | 2 | 1,263 | $586 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Though built in 1979, the property has undergone a comprehensive modern renovation within the last 5 years. It features a fully updated kitchen with stainless steel appliances and farmhouse sink, updated bathrooms, new HVAC ducting, and contemporary finishes like wood accent walls and recessed lighting, placing it in mint condition.
The property includes coveted Lake Arrowhead lake rights and direct access to a private sandy beach reserved exclusively for Meadow Bay North residents.
The interior features a high-end contemporary remodel with vaulted ceilings, stone fireplace, and a designer kitchen equipped with farmhouse sinks and stainless steel appliances.
With updated bathrooms, new HVAC ducting, and refreshed flooring throughout, the home offers a move-in-ready experience suitable for a primary residence or vacation rental.
The monthly HOA fee of $719 is substantial and significantly increases the recurring carrying costs for the property.
At 1,263 square feet for a three-bedroom layout on a minimal lot, the property may feel constrained for larger families or those seeking private outdoor yard space.
Welcome to Meadow Bay Hideaway — 27721 Peninsula Drive #231, Lake Arrowhead. Tucked inside the gated community of Meadow Bay North, Meadow Bay Hideaway is a beautifully updated Lake Arrowhead retreat where modern mountain style meets one of the area’s most desirable amenities: a private sandy beach reserved for homeowners and their guests. Step inside to soaring vaulted ceilings, walls of windows, warm wood floors, and an open layout filled with natural light. The living room is centered around a stone fireplace and handsome wood accent wall, creating a cozy gathering space that still feels fresh, bright and contemporary. The open-concept kitchen and dining area have been thoughtfully updated with crisp white cabinetry, stainless steel appliances, generous counter space, farmhouse-style sink, open shelving and statement lighting. Sliding glass doors open directly to the deck, extending the living space into the trees and creating the perfect spot for morning coffee, summer dinners or a quiet glass of wine after a day on the lake. Upstairs, the spacious bedrooms feature vaulted ceilings, abundant windows and peaceful forest views. Updated bathrooms, indoor laundry and new HVAC ducting add comfort and convenience for year-round mountain living. Meadow Bay North offers the added privacy of a gated entrance, beautifully maintained surroundings and ample community parking, making it easy to host family and friends. But the true magic of Meadow Bay Hideaway is the lifestyle just outside your door. Wander down through the community to the private beach, spend warm afternoons swimming and relaxing along the shoreline, launch the paddleboard for a morning on the water, or head out boating and enjoy everything that comes with coveted Lake Arrowhead lake rights. Whether you are looking for a weekend escape, a full-time mountain home or an easy lock-and-leave retreat, Meadow Bay Hideaway captures the best of Lake Arrowhead living—gated privacy, beautiful interiors, towering pines and your own private path to the lake. Welcome to Meadow Bay Hideaway, where mountain mornings begin among the pines and summer afternoons end with your toes in the sand.
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 |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,263 | 2,000 |
| Lot Size | 936 | 1,258 |
| Price | $725.0K | $1.25M |
| Price per sq ft | $574 | $625 |
| Built year | 1979 | 1973 |
| HOA | $719.0 | $684 |
| Days on market | 12 | 155 |
Aug 28, 2026
$725,000
Initial Listing
Jan 10, 2025
$630,000
Public Record
Aug 31, 2020
$465,000
Public Record
Aug 31, 1999
$210,000
Public Record