27990 Peninsula Drive N, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 7 bath
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Lake Arrowhead, California 92352
This Point Hamiltair Lakefront Estate is a premier Single Family Residence listed at $8,950,000, offering exceptional value at its $8,950,000 Fair Market Value. Boasting a Condition Rating of 3, this 6,527-square-foot sanctuary features a two-story master suite, a private double dock, and unobstructed panoramic lake views. The estate provides a resort-like experience with a glass spa room, sauna, and custom deck for grand-scale entertaining. Located in the Rim of the World district, this property combines architectural grandeur with elite lakefront access. It is an ideal match for luxury lifestyle seekers or high-net-worth families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27990 Peninsula Drive N Subject | $8,950,000* List Price | 5 | 7 | 6,527 | $1,371 | - |
A 28087 North Shore Road Active | $6,900,000 List Price | 5 | 7 | 5,116 | $1,349 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This luxury lakefront estate is move-in ready and exceptionally well-maintained. Although originally built in 1981, the home features high-end finishes, a 'cooks efficient kitchen' with premium appliances, and updated en-suite bathrooms. While the aesthetic reflects a more traditional/classic luxury style rather than a modern renovation, the property shows minimal wear, no visible deferred maintenance, and all major systems appear functional and high-quality.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33000, living area = 6527.
Situated in the exclusive Point Hamiltair enclave, the property includes a rare double dock and a quiet shoreline, providing exceptional private access to Lake Arrowhead.
The 6,527-square-foot floor plan features five full en-suite bedrooms and a unique two-story master suite, offering ample space and privacy for large families or guests.
Significant price reductions from the original $15.5M listing price may suggest previous overpricing or extended days on market, potentially affecting buyer perception.
Constructed in 1981, the home may require capital improvements or cosmetic updates to align with the modern design preferences of today's ultra-luxury buyers.
Point Hamiltair Lakefront Estate. Approximately 6,527 Sqft, 3 Car Attached Garage with Direct Access into the Home.. One of a Kind with quiet shoreline, Double Dock directly in front of stately family home! There are 5 glorious Bedroom SUITES! The Grand Master Suite is 2 Stories with dazzling Lake Views throughout, sitting lounge, 2 Fireplaces and gorgeous Bathroom. Each Bedroom is En Suite. Formal Dining Room can seat 10. Cooks efficient Kitchen, Custom Gentleman's Office/Study. Main Level has Family Room and gorgeous Living Room with steps out to Custom Deck that can entertain Grand Scale Parties. The Lower Level is a Game Room with enclosed Glass Spa room. Separate Sauna. Easy Access to the Double Dock directly in front of the Residence. Circular Driveway. Impressive curb appeal. Glorious Lakefront Splendor!
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades K-5 • 6.5 mi
Grades K-5 • 6.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 7.0 | 3.0 |
| Square foot | 6,527 | 2,126 |
| Lot Size | 33,000 | 9,850 |
| Price | $8.95M | $669.1K |
| Price per sq ft | $1.4K | $346 |
| Built year | 1981 | 1979 |
| HOA | $1600.0 | $1.1K |
| Days on market | 470 | 92 |
Feb 25, 2026
$8,950,000
$10,000,000
-10% Price Drop
Initial Listing
Nov 22, 2025
$10,000,000
$11,800,000
-15% Price Drop
Initial Listing
Sep 27, 2025
$11,800,000
Initial Listing
Apr 8, 2025
$15,500,000
Initial Listing