27990 Peninsula Drive N, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 5 bed, 7 bath
27990 Peninsula Drive N
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 27990 Peninsula Drive N, Lake Arrowhead, California 92352 reveals a Fairly Priced Property with a current list price of $8,950,000 aligned with the estimated $8,950,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Premier Lakefront Access
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.
- Expansive Luxury Layout
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.
CONSRISKS & DEFICIENCIES
- Market History Concerns
Significant price reductions from the original $15.5M listing price may suggest previous overpricing or extended days on market, potentially affecting buyer perception.
- Dated Architectural Era
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.
About 27990 Peninsula Drive N
Price Slashed!! 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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 33,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1600.0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 1.3 mi
Valley Of Enchantment Elementary School
Grades K-5 • 6.5 mi
Charles Hoffman Elementary School
Grades K-5 • 6.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 86% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 6,527 | 1,979.5 | 100% |
| Lot Size | 33,000 | 9,767 | 97% |
| Price | $8.95M | $680.0K | 100% |
| Price per sq ft | $1.4K | $342 | 99% |
| Built year | 1981 | 1977 | 63% |
| HOA | $1600.0 | $0 | 96% |
| Days on market | 333 | 238 | 86% |
Pricing History
Listed for Sale
Feb 25, 2026
$8,950,000
$10,000,000
-10% Price Drop
Initial Listing
Price Change
Nov 22, 2025
$10,000,000
$11,800,000
-15% Price Drop
Initial Listing
Price Change
Sep 27, 2025
$11,800,000
Initial Listing
Price Change
Apr 8, 2025
$15,500,000
Initial Listing