28315 North Bay 3, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 3 bath
ACTIVE$380,000
28315 North Bay 3, Lake Arrowhead, California 92352
3Beds
3Baths
1,624Sqft
1,100Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Lake Rights & Prime Location: The property includes valuable Lake Rights, offering access to Lake Arrowhead, and is conveniently located near popular attractions like Tavern Bay and the UCLA Conference Center.
Top Cons:
As-Is Condition & Deferred Maintenance: The property is explicitly being sold 'AS IS' and has 'deferred maintenance,' indicating potential immediate repair costs and necessary upgrades for the buyer.
Compared to the nearby listings
Price:$380.0K vs avg $392.5K ($-12,500)50%
Size:1,624 sqft vs avg 1,470.5 sqft57%
Price/sqft:$234 vs avg $23050%
More Insights
Built in 1972 (53 years old).
Condition: Built in 1972, this property is over 50 years old. While the roof was replaced in 2022 and some cosmetic updates have been made (e.g., kitchen cabinets, countertops, backsplash, living room flooring), the listing explicitly states 'SOLD AS IS' and 'Does have deferred maintenance.' The property analysis also notes that major systems like plumbing, electrical, and HVAC may be original and require updating. The kitchen appliances and some light fixtures are dated, and the bathroom appears to have only basic updates. These factors indicate a need for substantial repairs and rehabilitation beyond minor cosmetic fixes, aligning with the 'poor' condition criteria.
Year Built
1972
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$234
HOA
-
Days on market
-
Sold On
-
MLS number
IG25250515
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
Deck
ViewMountain(s), Neighborhood, Trees/Woods
About this home
One of Kind unique property... The home is on a shared driveway, no HOA and or HOA Fees. the home itself is Unit #3 at the end of the driveway on the Right The home is being SOLD AS IS. Does have deferred maintenance. Roof was done in 2022. Close to Tavern Bay and UCLA Conference center and yes it does have Lake Rights. The home features vaulted ceilings, open floor plan. 2 bedrooms on the main floor and separate bedroom and loft upstairs.
Nearby schools
4/10
Lake Arrowhead Elementary School
Public,•PK-5•0.4mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•7.0mi
4/10
Charles Hoffman Elementary School
Public,•K-5•7.1mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•1.6mi
/10
Rim Virtual
Public,•K-8•2.0mi
6/10
Rim Of The World Senior High School
Public,•9-12•3.0mi
Price History
Date
Event
Price
04/28/00
Sold
$139,909
07/13/15
Sold
$200,000
07/05/06
Sold
$350,000
Condition Rating
Poor
Built in 1972, this property is over 50 years old. While the roof was replaced in 2022 and some cosmetic updates have been made (e.g., kitchen cabinets, countertops, backsplash, living room flooring), the listing explicitly states 'SOLD AS IS' and 'Does have deferred maintenance.' The property analysis also notes that major systems like plumbing, electrical, and HVAC may be original and require updating. The kitchen appliances and some light fixtures are dated, and the bathroom appears to have only basic updates. These factors indicate a need for substantial repairs and rehabilitation beyond minor cosmetic fixes, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Lake Rights & Prime Location: The property includes valuable Lake Rights, offering access to Lake Arrowhead, and is conveniently located near popular attractions like Tavern Bay and the UCLA Conference Center.
No HOA Fees: A significant financial advantage, as the property has no Homeowners Association (HOA) and therefore no recurring monthly HOA fees.
Recent Roof Replacement: The roof was updated in 2022, addressing a major capital expense and providing long-term peace of mind for the new owner.
Appealing Interior Design: Features vaulted ceilings and an open floor plan, which enhance the sense of space and create an inviting atmosphere.
Versatile Floor Plan: The layout includes 2 bedrooms on the main floor and a separate bedroom with a loft upstairs, offering flexible living arrangements for various needs.
Cons
As-Is Condition & Deferred Maintenance: The property is explicitly being sold 'AS IS' and has 'deferred maintenance,' indicating potential immediate repair costs and necessary upgrades for the buyer.
Shared Driveway: Access to the property is via a shared driveway, which could potentially lead to privacy concerns or future maintenance discussions with neighbors.
Age of Property: Built in 1972, the property is over 50 years old, suggesting that while the roof is new, other major systems (e.g., plumbing, electrical, HVAC) may be original and could require updating.