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28744 Palisades Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath

28744 Palisades Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$2,095,000
28744 Palisades Drive, Lake Arrowhead, California 92352
4Beds
3Baths
2,120Sqft
4,620Lot

Price Vs. Estimate

The estimated value ($2,036,880.22) is $58,119.78 (2%) lower than the list price ($2,095,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Lakefront Location & Views: This level entry lake home offers beautiful lake views straight to the village from every room, including a prime spot for fireworks, enhancing its desirability and value.
Top Cons:
Original Construction Year: Despite extensive renovations, the property's original build year of 1967 might raise questions about underlying infrastructure not explicitly covered by the remodel.

Compared to the nearby listings

Price:$2.10M vs avg $675.0K (+$1,420,000)94%
Size:2,120 sqft vs avg 1,948 sqft61%
Price/sqft:$988 vs avg $35198%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, the property has been 'completely remodeled head to toe' with 'new paint, flooring, cabinetry, and new systems,' as stated in the description. The images confirm a very recent and extensive renovation, showcasing a modern kitchen with new shaker cabinets, stainless steel appliances, and contemporary finishes. The bathrooms are also fully updated with modern vanities, fixtures, and subway tile. All visible components appear new or virtually new, meeting current quality standards and requiring no deferred maintenance, making it a turnkey property.
Year Built
1967
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$988
HOA
-
Days on market
-
Sold On
-
MLS number
IG25237834
Home ConditionExcellent
Features
Excellent View: Lake
Deck
ViewLake

About this home

Just Listed Lakefront Opportunity of the Season! This LEVEL entry lake home is completely remodeled head to toe with Beautiful lake views straight to village. Enjoy the firework show right from your own deck. The photos do not do the views justice and will only get broader as the tress drop leaves. This property is completely set up for turn key occupancy with designer Crate and Barrel furnishings and accents intact. Short term rentals could be an amazing income source right from the start. All the rooms have a view! Light and bright with a great floor plan. There are three bedrooms up with an ensuite primary and an additional guest bath at lower level there is another ensuite bedroom with a spaciously sized family/game room and big screen TV. New trex decking on both levels with new patio furnishings, all new paint, flooring, cabinetry, and new systems! This truly is your opportunity for a turnkey experience! The half double dock is available for additional in deep water and is accessed on easy to walk concrete staircase down to shoreline. Super Clean and Won't last! Best Lakefront Value on Market in it's range.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.0mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.2mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•7.4mi
/10
Rim Virtual
Public,•K-8•1.9mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.0mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.6mi
Condition Rating
Excellent
Despite being built in 1967, the property has been 'completely remodeled head to toe' with 'new paint, flooring, cabinetry, and new systems,' as stated in the description. The images confirm a very recent and extensive renovation, showcasing a modern kitchen with new shaker cabinets, stainless steel appliances, and contemporary finishes. The bathrooms are also fully updated with modern vanities, fixtures, and subway tile. All visible components appear new or virtually new, meeting current quality standards and requiring no deferred maintenance, making it a turnkey property.
Pros & Cons

Pros

Prime Lakefront Location & Views: This level entry lake home offers beautiful lake views straight to the village from every room, including a prime spot for fireworks, enhancing its desirability and value.
Extensive & High-Quality Remodel: The property has been 'completely remodeled head to toe' with 'all new paint, flooring, cabinetry, and new systems,' ensuring modern comfort and aesthetics.
Turnkey & Furnished: Offered 'completely set up for turn key occupancy with designer Crate and Barrel furnishings and accents intact,' providing immediate enjoyment or rental readiness.
Strong Income Potential: The property is explicitly highlighted as an 'amazing income source right from the start' for short-term rentals, appealing to investors seeking revenue generation.
Valuable Dock Access & Level Entry: Includes a 'half double dock... in deep water' accessed by an 'easy to walk concrete staircase,' combined with a rare 'LEVEL entry' for a lake home, significantly enhancing convenience and lake access.

Cons

Original Construction Year: Despite extensive renovations, the property's original build year of 1967 might raise questions about underlying infrastructure not explicitly covered by the remodel.
Smaller Lot Size: With a lot size of 4620 sqft, the property offers relatively limited outdoor space, which might be a consideration for buyers seeking larger grounds or more privacy.
Listing Price Exceeds Current Estimation: The current listing price of $2,095,000 is slightly above the property's estimated value of $2,036,880, potentially indicating a premium for the recent remodel and turnkey status, but could be a point of negotiation.

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