27821 Peninsula Dr. #416, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath
Loading property details...
Lake Arrowhead, California 92352
This Free-standing Lakefront Townhouse is a Prime Investment Opportunity listed at $1,299,000—positioned well below the $1,336,595 Fair Market Value by 2%. This valuation gap offers $37,595 in Instant Equity. Featuring a Condition Rating of 3, the home is sold Fully Furnished and includes the community's Premier Dock Slip. With Main-Level Living, a Wraparound Deck, and proximity to Rim of the World Schools, it balances luxury with utility. This is an ideal acquisition for Luxury Lifestyle Buyers or Vacation Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27821 Peninsula Dr. #416 Subject | $1,299,000* List Price | 4 | 4 | 2,000 | $668 | - |
A 27721 Peninsula Drive #218 Sold | $1,200,000 | 3 | 3 | 1,983 | $605 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is in move-in ready condition with significant interior updates. The kitchen features modern granite countertops, updated cabinetry, and stainless steel appliances. The living areas have been refreshed with wood-look flooring and updated light fixtures, while the bedrooms feature clean carpeting and plantation shutters. Although the structure was built in 1973, the interior components and finishes have been extensively renovated within the last 5 to 15 years, and the exterior is well-maintained through the HOA.
This free-standing townhome is situated just 51 steps from a private beach and includes a highly coveted dock slip, offering an unparalleled lakeside lifestyle in the Meadow Bay North community.
The property is sold fully furnished and features a main-level living design with level parking access, making it ideal for those with mobility concerns or buyers seeking a move-in-ready vacation home.
The HOA comprehensively covers exterior maintenance, including roofs, siding, and snow removal, providing a 'lock-and-leave' convenience that is rare for properties of this size.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1673.
While short-term rentals are permitted, the community mandates a 6-night minimum stay, which may limit the property's appeal to investors targeting high-turnover weekend travelers.
Built in 1973, the residence may require capital improvements or modern aesthetic updates to its original systems to meet the expectations of contemporary luxury buyers.
Wow! No flowery AI verbiage needed here! This FREE-STANDING Lakefront/Lakeside Meadow Bay North townhome, Unit 416, speaks for itself. It's definitely a must see and it's the TOTAL PACKAGE. FURNISHINGS, and the VERY BEST DOCK SLIP IN THE COMMUNITY INCLUDED IN THE PURCHASE PRICE. 4 Bedrooms plus 2 additional rooms that could easily be more sleeping areas. PERFECT FLOOR PLAN. The main entry level has everything you need for single-level living with kitchen, living room, spacious bedroom and full bath, all on the main level. Close and level access from parking to home for those who don't like stairs or have mobility challenges. Just 51 footsteps from the large wraparound deck to the private beach and water's edge just beyond. Live your dream..Wake up in the morning, have your cup of coffee and walk to the beach and lake where you can enjoy the day sunning, swimming, kayaking, fishing or boating. Before long you've made great friends with your neighbors. There's nothing more special than that. You may ask yourself "WHY SHOULD I PURCHASE A MBN TOWNHOME VS 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 and I'm certain you're going to love it! For you pet owners, this community is tail-wagging puppy approved where even your furry friends have their own private beach.The HOA fee includes exterior maintenance of roofs, siding and decks plus trash & snow removal so that you can enjoy a worry-free lifestyle. Short term rentals are allowed with a 6 night minimum stay and a county permit. Come take a look. Purchase before summer and enjoy Lake Arrowhead living at its finest! Call Barb for a showing.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades K-5 • 6.2 mi
Grades K-5 • 7.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 75% |
| Square foot | 2,000 | 1,924 | 75% |
| Lot Size | 1,258 | 927 | 75% |
| Price | $1.30M | $1.25M | 50% |
| Price per sq ft | $650 | $627 | 50% |
| Built year | 1973 | 1976 | 50% |
| HOA | $684.0 | $684 | 50% |
| Days on market | 28 | 147 | 25% |
Mar 25, 2026
$1,299,000
Initial Listing
Nov 23, 2022
$950,000
Public Record
Feb 25, 2016
$565,000
Public Record
Oct 15, 2003
$450,000
Public Record