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28935 Banff Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath

28935 Banff Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$524,900
28935 Banff Drive, Lake Arrowhead, California 92352
3Beds
2Baths
1,712Sqft
9,280Lot

Price Vs. Estimate

The estimated value ($523,413.095) is $1,486.905 (0%) lower than the list price ($524,900). This property may be overpriced.

Key pros and cons

Top Pros:
Lake Access: The property boasts valuable lake access, a highly sought-after amenity in the Lake Arrowhead community, significantly enhancing its recreational appeal and value.
Top Cons:
Property Age & Potential Updates: Built in 1980, the home's age suggests that some systems or finishes may be original and could require future updates or renovations to meet contemporary buyer preferences, as no major remodels are explicitly mentioned.

Compared to the nearby listings

Price:$524.9K vs avg $675.0K ($-150,100)27%
Size:1,712 sqft vs avg 1,933 sqft36%
Price/sqft:$307 vs avg $35031%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this property is well-maintained and move-in ready, but its kitchen and bathrooms show signs of being outdated. The kitchen features traditional light wood cabinets and speckled granite countertops, likely updated 15-25 years ago. Similarly, the bathrooms have older style vanities and tile work. While functional and clean, these areas would benefit from cosmetic updates to align with current design trends, placing it firmly in the 'Fair' category as an aged but maintained home with functional yet outdated components.
Year Built
1980
Close
-
List price
$525K
Original List price
$575K
Price/Sqft
$307
HOA
-
Days on market
-
Sold On
-
MLS number
HD25101176
Home ConditionFair
Features
Excellent View: City Lights, Mountain(s), Valley
Deck
ViewCity Lights,Mountain(s),Valley

About this home

*LAKE ACCESS* You will love the location of this home- Sitting up on a hill with one of the most AMAZING VIEWS I've seen and nobody to block it from you! Arriving here you will appreciate all the parking spaces. There is a cutout at the street and a spacious driveway. Entering the home you have a family room/bonus room/office/ 3rd bedroom downstairs with access outside, bathroom, and wet bar. Main level has 2 bedrooms with a full bathroom, and kitchen that over looks the living room. Beautiful wood beams and fireplace really embrace the mountain feel you're craving. Up stairs, the loft is sectioned off into 2 areas. You can easily use one side for a 4th bedroom or office space. Whatever you may need the extra space for, it's there! In door laundry room is a huge bonus here! * FULLY FURNISHED * There is a back up generator that stays with the property and will keep the home running even though those winter storms. The basement is great for extra storage.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•0.4mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.7mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•7.9mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.4mi
/10
Rim Virtual
Public,•K-8•2.8mi
6/10
Rim Of The World Senior High School
Public,•9-12•3.7mi
Condition Rating
Fair
Built in 1980, this property is well-maintained and move-in ready, but its kitchen and bathrooms show signs of being outdated. The kitchen features traditional light wood cabinets and speckled granite countertops, likely updated 15-25 years ago. Similarly, the bathrooms have older style vanities and tile work. While functional and clean, these areas would benefit from cosmetic updates to align with current design trends, placing it firmly in the 'Fair' category as an aged but maintained home with functional yet outdated components.
Pros & Cons

Pros

Lake Access: The property boasts valuable lake access, a highly sought-after amenity in the Lake Arrowhead community, significantly enhancing its recreational appeal and value.
Exceptional Views: Perched on a hill, the home offers 'AMAZING VIEWS' of city lights, mountains, and valleys, providing a picturesque and unobstructed backdrop.
Flexible Living Spaces: The layout includes versatile areas such as a downstairs family room/bonus/office/3rd bedroom and a loft sectioned into two areas, offering potential for a 4th bedroom or additional office space to suit various needs.
Fully Furnished & Turnkey: Being fully furnished, the property is ready for immediate occupancy or rental, making it a convenient and attractive option for buyers seeking a hassle-free move-in or vacation home.
Essential Mountain Amenities: Equipped with a backup generator for winter storms, ample parking (cutout and spacious driveway), indoor laundry, and basement storage, addressing practical needs for comfortable mountain living.

Cons

Property Age & Potential Updates: Built in 1980, the home's age suggests that some systems or finishes may be original and could require future updates or renovations to meet contemporary buyer preferences, as no major remodels are explicitly mentioned.
History of Price Reductions: The property has undergone multiple price reductions from its original list price, which may indicate initial overpricing or market resistance, potentially raising questions for prospective buyers regarding its true market value.
Absence of Central Air Conditioning: The listing does not mention a cooling system, which could be a comfort concern during warmer periods, especially for a home with expansive views that may experience significant sun exposure.

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