28935 Banff, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath
28935 Banff
Lake Arrowhead, California 92352
Property Price
SUMMARY
Analysis of 28935 Banff, Lake Arrowhead, California 92352 reveals a Fairly Priced Property with a current list price of $514,900 aligned with the estimated $520,886 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lake Arrowhead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28935 Banff Subject | $514,900* List Price | 3 | 2 | 1,712 | $304 | - |
A 28691 Quebec Sold | $585,000 | 3 | 3 | 1,911 | $306 | 0.3 mi |
B 1216 Yosemite Drive Sold | $489,900 | 3 | 2 | 1,848 | $265 | 0.2 mi |
C 1275 Golden Rule Sold | $659,000 | 4 | 2 | 1,820 | $362 | 0.4 mi |
D 29071 Lassen Dr Sold | $490,000 | 4 | 3 | 1,824 | $269 | 0.2 mi |
E 28680 Zion Drive Sold | $505,000 | 3 | 4 | 1,608 | $314 | 0.4 mi |
F 28842 Banff Drive Sold | $465,000 | 3 | 2 | 1,746 | $266 | 0.1 mi |
G 28662 Zion Drive Active | $629,000 List Price | 3 | 2 | 1,749 | $360 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1980, this property is well-maintained with functional systems like central heat/air and a generator. The kitchen features granite countertops and stainless steel appliances, which are good updates, but the cabinet style appears dated. Bathrooms are clean and functional, but light fixtures and tile choices suggest renovations from 15-25 years ago. While some elements like the wood-look laminate flooring are in good condition, the overall aesthetic in key areas like the kitchen and bathrooms shows signs of being outdated, aligning with the 'fair' category's criteria for properties built over 20 years ago with renovations between 15-30 years ago.
PROSSTRENGTHS & OPPORTUNITIES
- Unobstructable Views
The property boasts unique, unobstructed views of the surrounding mountains and city lights, providing a picturesque backdrop for relaxation and enhancing its value.
- Lake Access
Direct lake access is a significant advantage, enhancing the property's appeal as a prime vacation home or full-time residence in Lake Arrowhead.
- Comprehensive Amenities & Furnishing
Equipped with central heating and air conditioning, a backup generator, and being fully furnished, the home offers immediate comfort and convenience for buyers.
CONSRISKS & DEFICIENCIES
- Stair Access to Home
Access to the home involves stairs, which could be a consideration for individuals with mobility challenges or for moving large items.
- Property Age
Built in 1980, the property's age, despite some mentioned updates like the kitchen, may imply potential for future maintenance or upgrades to other original systems.
- Non-Traditional 4th Bedroom
The '4th bedroom' is described as a loft area, indicating it may lack the privacy or enclosed space of a conventional bedroom, which could be a drawback for some buyers.
About 28935 Banff
* L A K E A C C E S S * Looking for the ultimate vacation home? Or full time residence that feels like you are always on vacation? Look no further! This property has 1 of kind views that cannot be obstructed! Arriving here you will appreciate the extra space for parking. Private cutout at the road & a driveway with extra parking closer to the stairs. Leading up to the home there are 2 access doors leading you inside. Head out to the deck for ultimate relaxation. Imagine drinking your morning coffee or unwinding after a day on the lake next to the fire pit. While this home is listed as a 3 bedroom, the loft area can offer you a 4th bedroom, office, play area for kids, or whatever else you may need the extra space for. A huge perk is the INDOOR laundry room. The primary bedroom is it's own oasis, with a full bathroom and wet bar. Or use this space as a game room for entertaining guests. The kitchen has beautiful cabinets, granite counter tops and stainless steal appliances. The living room gives you the mountain vibes you crave. With wood beam ceiling, and floor to ceiling stacked stone fire place- imagine cozy winter nights here. The back up generator stays with the property to provide power when electricity might get shut off. The basement is perfect for added storage. * Central heat AND air * FULLY furnished *
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 9,280 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 0.4 mi
Charles Hoffman Elementary School
Grades K-5 • 6.7 mi
Valley Of Enchantment Elementary School
Grades K-5 • 7.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,712 | 1,971 | 35% |
| Lot Size | 9,280 | 9,752 | 43% |
| Price | $514.9K | $677.5K | 28% |
| Price per sq ft | $301 | $341 | 31% |
| Built year | 1980 | 1977 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 127 | 236 | 13% |
Pricing History
Listed for Sale
Oct 31, 2025
$514,900
Initial Listing
Sold
Oct 9, 2018
$365,000
Public Record
Sold
May 9, 2013
$220,000
Public Record
Sold
Jul 14, 1994
$120,000
Public Record