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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$1,995,000$2,120/sqft
Est. Value: $2,003,241
%
FairlyEstimate
28744 Palisades Drive, Lake Arrowhead, California 92352
4Beds
3Baths
2,120Sqft
4,620Lot

Price Vs. Estimate

The estimated value ($2,003,241.02) is $8,241.02 (0%) lower than the list price ($1,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Lakefront Location & Views: Offers a 'Best Lakefront Opportunity' with beautiful lake views straight to the village, magical sunsets, and firework shows from the deck, with all rooms boasting a view.
Top Cons:
Age of Original Structure: Despite extensive remodeling, the home was originally built in 1967, which may raise questions about the condition of underlying structural components not explicitly replaced.

Compared to the nearby listings

Price:$2.00M vs avg $672.5K (+$1,322,500)94%
Size:2,120 sqft vs avg 1,979.5 sqft58%
Price/sqft:$941 vs avg $34498%

More Insights

Built in 1967 (59 years old).
Condition: Despite being built in 1967, the property has undergone a 'complete remodel' with 'new paint, flooring, cabinetry, and new systems,' as stated in the description. The images confirm a high-quality, modern renovation throughout, including a contemporary kitchen with new stainless steel appliances and stylish gray shaker cabinets, and bathrooms featuring modern vanities, subway tile, glass enclosures, and black fixtures. All visible components appear new or virtually new, meeting current quality standards, indicating an extensive renovation within the last 5 years.
Year Built
1967
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$941
HOA
-
Days on market
-
Sold On
-
MLS number
IG26011919
Home ConditionExcellent
Features
Excellent View: Lake
Deck
Patio
ViewLake

About this home

Best Lakefront Opportunity! This LEVEL entry lake home is completely remodeled with Beautiful lake views straight to village. Enjoy magical sunsets and 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.

C
Cindy Stahl
Listing Agent

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

Price History

Date
Event
Price
08/29/97
Sold
$320,000
03/15/21
Sold
$1,084,500
07/15/05
Sold
$849,000
Condition Rating
Excellent
Despite being built in 1967, the property has undergone a 'complete remodel' with 'new paint, flooring, cabinetry, and new systems,' as stated in the description. The images confirm a high-quality, modern renovation throughout, including a contemporary kitchen with new stainless steel appliances and stylish gray shaker cabinets, and bathrooms featuring modern vanities, subway tile, glass enclosures, and black fixtures. All visible components appear new or virtually new, meeting current quality standards, indicating an extensive renovation within the last 5 years.
Pros & Cons

Pros

Prime Lakefront Location & Views: Offers a 'Best Lakefront Opportunity' with beautiful lake views straight to the village, magical sunsets, and firework shows from the deck, with all rooms boasting a view.
Extensive Remodel & Turnkey Condition: The home is completely remodeled with new paint, flooring, cabinetry, and systems, and is offered as a turnkey property with designer Crate and Barrel furnishings included.
Level Entry & Easy Dock Access: Features highly desirable level entry, a half double dock in deep water, and easy access to the shoreline via a concrete staircase.
Strong Income Potential: The property is explicitly set up for short-term rentals, presenting an immediate and significant income-generating opportunity.
Desirable Layout & Features: Boasts a light and bright interior with a great floor plan, including an ensuite primary, an additional ensuite bedroom, a family/game room, and new Trex decking on both levels.

Cons

Age of Original Structure: Despite extensive remodeling, the home was originally built in 1967, which may raise questions about the condition of underlying structural components not explicitly replaced.
Limited Lot Size: The lot size of 4620 sqft is relatively small for a lakefront property, potentially limiting outdoor space or privacy compared to larger estates.
Lack of Explicit HVAC Details: While 'new systems' are mentioned, there is no explicit confirmation of a modern HVAC system, particularly air conditioning, which could be a consideration for comfort during warmer periods.
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