RealKey
‪(213) 433-7766‬

28906 Palisades Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath

28906 Palisades Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$2,775,000
28906 Palisades Drive, Lake Arrowhead, California 92352
4Beds
4Baths
2,120Sqft
4,420Lot

Price Vs. Estimate

The estimated value ($2,346,435.86) is $428,564.14 (15%) lower than the list price ($2,775,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Lakefront Location & Desirable Neighborhood: Situated lakefront in the highly sought-after Palisades neighborhood, within Southern California's prestigious four-season private lake community of Lake Arrowhead.
Top Cons:
Significant Overpricing Relative to Market Estimation: The current listing price is 15% above the estimated market value, and notably higher than a recently listed comparable property in the same neighborhood.

Compared to the nearby listings

Price:$2.77M vs avg $675.0K (+$2,100,000)97%
Size:2,120 sqft vs avg 1,948 sqft61%
Price/sqft:$1.3K vs avg $351100%

More Insights

Built in 1958 (67 years old).
Condition: Despite being built in 1958, this property has undergone extensive and recent renovations, as evidenced by the description and images. The kitchen features modern maple cabinetry, granite countertops, and stainless steel appliances. All bathrooms are tastefully updated with contemporary vanities, fixtures, and tiling, including a master en-suite with a soaking tub and separate shower. New wood flooring, updated roof, windows, and doors, along with central A/C, bring the home to a virtually new standard, meeting current quality standards with no deferred maintenance.
Year Built
1958
Close
-
List price
$2.77M
Original List price
$2.85M
Price/Sqft
$1,309
HOA
-
Days on market
-
Sold On
-
MLS number
IG24249979
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s)
Deck
ViewLake, Mountain(s)

About this home

Lakefront in the desirable Palisades neighborhood, with expansive lake and mountain views from every room! Come experience mountain-lake life in Southern California’s most prestigious four-season, private lake community just 90 minutes from LA and OC. This home has been tastefully updated with an open floor plan featuring updated kitchen with SS appliances that seamlessly connects to dining room on one side and large living room with stone fireplace on the other with direct access to main floor deck. The upper floor offers 3 generous bedrooms including master en-suite with soaking tub and balcony overlooking the lake. The lower level offers a fourth bedroom family/game room and additional bathroom with direct access to lower deck. Home sits right on the ALA trail and is just a short stroll to the ½ dbl dock that is included. Recent updates include roof, windows and doors, interior wood flooring, maple cabinetry, granite counters & SS appliances. Home has parking deck for up to 4 cars, central A/C and is move-in ready. Come start making memories today!

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.1mi
4/10
Charles Hoffman Elementary School
Public,•K-5•5.9mi
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•2.8mi
Condition Rating
Excellent
Despite being built in 1958, this property has undergone extensive and recent renovations, as evidenced by the description and images. The kitchen features modern maple cabinetry, granite countertops, and stainless steel appliances. All bathrooms are tastefully updated with contemporary vanities, fixtures, and tiling, including a master en-suite with a soaking tub and separate shower. New wood flooring, updated roof, windows, and doors, along with central A/C, bring the home to a virtually new standard, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Lakefront Location & Desirable Neighborhood: Situated lakefront in the highly sought-after Palisades neighborhood, within Southern California's prestigious four-season private lake community of Lake Arrowhead.
Expansive Lake & Mountain Views: The property boasts expansive lake and mountain views from every room, enhancing its aesthetic appeal and value.
Included Lake Access & Dock: The home includes a half double dock, just a short stroll away, providing direct lake access and rights within the private community.
Extensive Recent Updates & Move-in Ready: Tastefully updated with an open floor plan, updated kitchen with SS appliances, new roof, windows, doors, wood flooring, maple cabinetry, and granite counters, making it move-in ready.
Ample Parking & Central A/C: Features a parking deck accommodating up to 4 cars and includes central A/C, providing comfort and convenience.

Cons

Significant Overpricing Relative to Market Estimation: The current listing price is 15% above the estimated market value, and notably higher than a recently listed comparable property in the same neighborhood.
Modest Lot Size for Lakefront: With a lot size of 4,420 sqft, it is relatively modest for a luxury lakefront property, potentially limiting outdoor space or future expansion compared to other high-end estates.
Potential for Age-Related Maintenance: Despite extensive recent updates, the home's original construction year of 1958 means some underlying systems or structural components not covered by renovations may eventually require attention.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state