28223 North Bay, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
28223 North Bay
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 28223 North Bay, Lake Arrowhead, California 92352 reveals a property with a current list price of $700,000, which is 13% above the estimated $618,889 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 28223 North Bay Subject | $700,000* List Price | 3 | 3 | 1,527 | $405 | - |
A 1033 Nadelhorn Drive Sold | $615,000 | 3 | 3 | 1,700 | $362 | 1.0 mi |
B 987 Tirol Lane Sold | $705,000 | 3 | 2 | 1,344 | $525 | 0.3 mi |
C 1458 Sequoia Drive Sold | $599,000 | 3 | 2 | 1,800 | $333 | 0.8 mi |
D 1275 Golden Rule Sold | $659,000 | 4 | 2 | 1,820 | $362 | 0.6 mi |
E 28116 Lachen Road Sold | $765,000 | 3 | 2 | 1,963 | $390 | 0.2 mi |
F 1419 Calgary Active | $610,000 List Price | 3 | 3 | 1,592 | $383 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its age. It features an updated kitchen with granite countertops and stainless steel appliances, along with a recently painted exterior and decks. The inclusion of air conditioning and a level entry adds significant value, and while the home was built in 1992, the interior shows minimal wear and tear with functional, updated systems.
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 = 8280, living area = 1527.
- Exceptional Accessibility
The property features a rare level entry and a dedicated 30-foot level pad for RV or boat parking, offering significant convenience and utility in a mountain setting.
- Modern Comforts & Maintenance
Equipped with air conditioning—a premium feature for the area—and a recently updated kitchen with granite counters, the home has been meticulously maintained with a fresh exterior paint job.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
With 1,527 square feet distributed across three bedrooms, the interior living spaces may feel somewhat confined for buyers seeking expansive entertaining areas.
- Average School Ratings
The assigned local elementary and middle schools currently hold modest ratings, which may be a consideration for families prioritizing high-performance educational districts.
About 28223 North Bay
Mountain living made easy in this Tavern Bay neighborhood home! Just a quick hop to the lake, UCLA conference center or out hwy 173 for some hiking or off-roading, this home offers the perfect location for all your needs. Situated just above North Bay, (always plowed first in winter) this well cared for property has plenty of parking, even a 30 foot level pad for RV or a boat & is level entry! The main level features a spacious living room with a rock fireplace, good size dining area & an updated kitchen with granite counters & stainless appliances. Roomy kitchen with lots of natural light & just adjacent to the laundry room & access to the garage. Once upstairs you will be greeted with vaulted ceilings & lots of natural light. One guest room has a spacious walk-in closet, the other that is being used as an office has a beautiful little alcove surrounded by windows to enjoy the views. The 3rd is the primary suite with its own little deck, a walk-in closet, a gas fireplace & another full bathroom! This home has been well maintained & recently had a full exterior paint job including the decks & railings. There is a fenced dog run behind the house & access into the 2 car insulated garage from that area. Surrounded by lots of beautiful oak trees which will offer lots of shade in the summer but to keep you extra cool this home also has AC! A great home for all seasons & ready to enjoy!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 8,280 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 0.6 mi
Valley Of Enchantment Elementary School
Grades K-5 • 6.9 mi
Charles Hoffman Elementary School
Grades K-5 • 7.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,527 | 1,971 | 24% |
| Lot Size | 8,280 | 9,752 | 29% |
| Price | $700.0K | $680.0K | 54% |
| Price per sq ft | $458 | $342 | 80% |
| Built year | 1992 | 1977 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 236 | 0% |
Pricing History
Listed for Sale
Mar 1, 2026
$700,000
Initial Listing
Sold
May 13, 2016
$355,000
Public Record
Sold
Jul 14, 2006
$495,000
Public Record
Sold
Jul 28, 2004
$349,000
Public Record
Sold
Mar 24, 2003
$240,000
Public Record
Sold
Apr 19, 2000
$202,500
Public Record