28224 Larchmont Lane, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
ACTIVE$499,000
28224 Larchmont Lane, Lake Arrowhead, California 92352
3Beds
2Baths
1,940Sqft
3,100Lot
Price Vs. Estimate
The estimated value ($499,000) is $0 (0%) lower than the list price ($499,000). This property may be overpriced.
Key pros and cons
Top Pros:
Spacious Multi-Level Living: The property offers a generous layout with a cozy living room on the main level and an oversized family room downstairs, providing ample space for large families and entertaining guests across multiple levels.
Top Cons:
Age of Construction: Built in 1971, the property's underlying structure and potentially some major systems are over 50 years old, which could lead to unforeseen maintenance or upgrade costs despite recent cosmetic updates.
Compared to the nearby listings
Price:$499.0K vs avg $675.0K ($-176,000)22%
Size:1,940 sqft vs avg 1,936.5 sqft50%
Price/sqft:$257 vs avg $35013%
More Insights
Built in 1971 (54 years old).
Condition: This property, built in 1971, has undergone significant and recent renovations, making it move-in ready. The kitchen features modern white cabinetry, updated granite/quartz countertops, and a full suite of stainless steel appliances, including a refrigerator, dishwasher, microwave, and range. The flooring throughout the main living areas and bedrooms appears to be a consistent, well-maintained LVP or laminate, providing a fresh and contemporary feel. Bathrooms are clean and functional, with updated vanities, modern fixtures, and a cohesive 'rustic modern' aesthetic as described. The presence of mini-split units indicates updated and efficient cooling/heating systems. While not a brand-new build, the extensive updates across all three levels, including cosmetic and functional elements, place it firmly in the 'good' category, requiring no immediate renovations and showing minimal wear and tear.
Year Built
1971
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$257
HOA
$280
Days on market
-
Sold On
-
MLS number
IG25178923
Home ConditionGood
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods
About this home
Looking for a LARGE FAMILY HOME with a Little Elbow Room at a GREAT PRICE? Plenty of Space for Lots of Family & Friends to Enjoy with Cozy Living Room on Main Level, OVERSIZED FAMILY ROOM w/Woodburning Fireplace Downstairs and LARGE KITCHEN w/Dining Area! THREE DECKS too!!! Already Updated on All 3 Levels!!! Just Move on In and Enjoy!!! Upstairs are 2 Bedrooms and a Bath, Downstairs is the Family Room, Adorable Rustic Modern Bathroom and Another Bedroom! EXCELLENT PARKING with Totally Level Driveway, Parking for 3 Cars! 5 Minute Drive to the Lake Arrowhead Village or Spend the Day Riding Bikes Over at Skypark!! Great Commuter Location too!! This Home Has Been a Successful Vacation Rental too!
Nearby schools
4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.6mi
4/10
Charles Hoffman Elementary School
Public,•K-5•5.9mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•6.8mi
/10
Rim Virtual
Public,•K-8•1.3mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.3mi
6/10
Rim Of The World Senior High School
Public,•9-12•1.2mi
Condition Rating
Good
This property, built in 1971, has undergone significant and recent renovations, making it move-in ready. The kitchen features modern white cabinetry, updated granite/quartz countertops, and a full suite of stainless steel appliances, including a refrigerator, dishwasher, microwave, and range. The flooring throughout the main living areas and bedrooms appears to be a consistent, well-maintained LVP or laminate, providing a fresh and contemporary feel. Bathrooms are clean and functional, with updated vanities, modern fixtures, and a cohesive 'rustic modern' aesthetic as described. The presence of mini-split units indicates updated and efficient cooling/heating systems. While not a brand-new build, the extensive updates across all three levels, including cosmetic and functional elements, place it firmly in the 'good' category, requiring no immediate renovations and showing minimal wear and tear.
Pros & Cons
Pros
Spacious Multi-Level Living: The property offers a generous layout with a cozy living room on the main level and an oversized family room downstairs, providing ample space for large families and entertaining guests across multiple levels.
Outdoor Entertainment Space: Featuring three decks, the home provides abundant outdoor living areas for relaxation, dining, and enjoying the natural surroundings and tree/woods view.
Turnkey Condition: Described as 'Already Updated on All 3 Levels' and 'Just Move on In and Enjoy', the property appears to be in excellent, ready-to-occupy condition, minimizing immediate renovation needs for a buyer.
Excellent Parking: A totally level driveway with parking for 3 cars is a significant advantage, especially in mountain communities where parking can often be challenging.
Proven Vacation Rental Potential: The home has a history as a 'Successful Vacation Rental', indicating strong income-generating potential for investors or those seeking a second home with revenue opportunities.
Cons
Age of Construction: Built in 1971, the property's underlying structure and potentially some major systems are over 50 years old, which could lead to unforeseen maintenance or upgrade costs despite recent cosmetic updates.
Small Lot Size: With a lot size of only 3100 sqft, the property offers limited outdoor yard space, which might be a drawback for buyers seeking more expansive grounds in a mountain setting.
Recurring Association Fees: The property is subject to an annual association fee of $280.0, representing an ongoing cost that adds to the overall ownership expenses.