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28898 Palisades Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath

28898 Palisades Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$2,535,500
28898 Palisades Drive, Lake Arrowhead, California 92352
4Beds
3Baths
2,275Sqft
4,080Lot

Price Vs. Estimate

The estimated value ($2,535,500) is $0 (0%) lower than the list price ($2,535,500). This property may be overpriced.

Key pros and cons

Top Pros:
Exclusive Lake Amenities: The property includes a private single-slip deep water dock in the calm 'Robin Hood Bay' with a large beach area, a highly coveted and valuable feature for Lake Arrowhead living.
Top Cons:
Property Age: Built in 1953, despite being meticulously maintained, an older structure may present potential for unforeseen maintenance or infrastructure updates compared to newer constructions.

Compared to the nearby listings

Price:$2.54M vs avg $675.0K (+$1,860,500)97%
Size:2,275 sqft vs avg 1,948 sqft67%
Price/sqft:$1.1K vs avg $35198%

More Insights

Built in 1953 (72 years old).
Condition: Despite being built in 1953, this property has undergone an extensive and high-quality renovation, bringing it to a virtually new condition. The description highlights 'modern sophistication with rustic charm,' 'expansive new windows,' and a 'gourmet kitchen' featuring quartz countertops, a high-end La Cornue range, and sleek custom finishes, all of which are confirmed by the images. The hickory wood floors throughout and the new hot tub further indicate recent, significant upgrades. The overall presentation suggests meticulous maintenance and adherence to current quality standards, with no visible deferred maintenance.
Year Built
1953
Close
-
List price
$2.54M
Original List price
$2.6M
Price/Sqft
$1,115
HOA
-
Days on market
-
Sold On
-
MLS number
IG25090557
Home ConditionExcellent
Features
Excellent View: Lake, Marina, Mountain(s)
Deck
Spa
Patio
ViewLake, Marina, Mountain(s)

About this home

Just Reduced.Elegant and tranquil Lake Arrowhead Retreat in The Palisades . Meticulously maintained ! Discover luxury mountain living in this stunning 4-bedroom, 3-bath home nestled in the highly sought-after Palisades area of Lake Arrowhead. Thoughtfully designed and fully furnished, this home blends modern sophistication with rustic charm. One bedroom easily converts into a spacious family room, featuring two newly installed Murphy beds for added flexibility. Soaring cathedral ceilings and expansive new windows fill the space with natural light, while a floor-to-ceiling stone fireplace and hickory wood floors create an inviting ambiance. The gourmet kitchen is a chef’s dream with quartz countertops, a La Cornue range, and sleek custom finishes throughout. Step outside to a large deck ideal for entertaining or simply taking in the peaceful lakeviews. Relax in the new hot tub or take a stroll down to the lake to your private single-slip deep water dock included in the sale located in the very calm "Robin Hood Bay." The bay offers a very large beach area for the kids to play safely in the water. With Bedrooms and bathrooms on each level, plentiful parking (a rarity in this area), and a location just minutes from Lake Arrowhead Village and Cedar Glen make this property a true gem. To complete this fantastic lake life package, we have a boat that can be purchased separatey. Start enjoying lake life in Lake Arrowhead in a truly one of a kind property.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.1mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.0mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•7.6mi
/10
Rim Virtual
Public,•K-8•2.1mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.3mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.7mi
Condition Rating
Excellent
Despite being built in 1953, this property has undergone an extensive and high-quality renovation, bringing it to a virtually new condition. The description highlights 'modern sophistication with rustic charm,' 'expansive new windows,' and a 'gourmet kitchen' featuring quartz countertops, a high-end La Cornue range, and sleek custom finishes, all of which are confirmed by the images. The hickory wood floors throughout and the new hot tub further indicate recent, significant upgrades. The overall presentation suggests meticulous maintenance and adherence to current quality standards, with no visible deferred maintenance.
Pros & Cons

Pros

Exclusive Lake Amenities: The property includes a private single-slip deep water dock in the calm 'Robin Hood Bay' with a large beach area, a highly coveted and valuable feature for Lake Arrowhead living.
Premium Location & Views: Located in the 'highly sought-after Palisades area,' offering peaceful lake, marina, and mountain views, and conveniently minutes from Lake Arrowhead Village and Cedar Glen.
Luxurious & Updated Interior: Boasts a gourmet kitchen with quartz countertops and a La Cornue range, hickory wood floors, soaring cathedral ceilings, expansive new windows, and a floor-to-ceiling stone fireplace, blending modern sophistication with rustic charm.
Flexible & Turnkey Living: Offered fully furnished with a flexible layout, including a bedroom convertible to a family room with newly installed Murphy beds, and bedrooms/bathrooms on each level for convenience.
Ample Parking: Provides plentiful parking, a significant and rare advantage in the often-challenging parking environment of the Lake Arrowhead area.

Cons

Property Age: Built in 1953, despite being meticulously maintained, an older structure may present potential for unforeseen maintenance or infrastructure updates compared to newer constructions.
Limited Lot Size: The lot size of 4,080 sqft is relatively modest for a luxury mountain retreat, potentially limiting expansive outdoor living space or privacy for a property at this price point.
High Investment Threshold: With a list price exceeding $2.5 million, the property targets a niche luxury market, which could lead to a longer sales cycle, especially considering the recent price reduction.

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