
Cedar Glen, California 92321
This property presents a High-Potential Investment Opportunity with a List Price of $419,000—positioned well below the $431,676 Fair Market Value by 2%. This valuation gap offers $12,676 in Instant Equity. Featuring a Condition Rating of 4, the home offers a Rare Double Lot and an active Airbnb license, providing immediate income potential. While the vintage infrastructure requires maintenance, the unique architectural details and Lake and Tree Views ensure long-term appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29196 Lake Brook Avenue Subject | $419,000* List Price | 3 | 1 | 1,360 | $307 | - |
A 215 Western Active | $330,000 List Price | 2 | 1 | 982 | $336 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1926, this property is well-maintained and functional as a successful short-term rental, but remains dated. The description and images confirm a 'vintage bathroom,' older wood paneling, and green carpeting, placing it in the category of homes over 20 years old that require cosmetic updates to meet modern standards.
Currently operating as a successful short-term rental with an active Airbnb license, this property offers immediate income potential and a seamless transition for investors seeking a mountain retreat.
Situated on an expansive double lot, the property provides rare open space for the area, offering significant potential for future expansion, ADU construction, or customized outdoor living.
Built in 1926, the home features unique architectural details including a hand-built solid wood spiral staircase, tongue-and-groove pine interiors, and a level entry, which is highly coveted in mountain terrain.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With three bedrooms but only one bathroom, the property may face functional challenges for larger groups or families, potentially impacting its long-term rental appeal or resale value.
As a century-old structure built in 1926, the home may require more frequent maintenance or updates to aging electrical, plumbing, and insulation systems compared to modern builds.
Perched above the trees and just moments from the towns of Lake Arrowhead and Cedar Glen, this level entry vintage gem with treetop and lake views is the perfect cozy retreat. Currently operating as a successful short-term rental with an active Airbnb license, this turnkey property offers a rare opportunity for both investors and those seeking an idyllic mountain escape. Thoughtfully designed for full-time living or part-time use, the home blends vintage charm with elevated design details to create a truly unique experience. Upon entry, an oversized mudroom with terracotta floors and wall-to-wall windows provides ease of use for every season and an abundance of storage. Through the charming kitchen with oak floors and an island is the open concept and spacious living area with a cozy wood burning stone fireplace, tongue and groove pine throughout and a charming window seat among custom built-ins. Enjoy meals in the dining space with a breathtaking wall of windows and views. The first guest bedroom is tucked away with wraparound windows creating a luxurious space with extra privacy. An additional bedroom and the sweet vintage bathroom complete the first level. A gorgeous hand-built solid wood spiral staircase is a work of art in this home. This alluring piece of craftsmanship leads you to the large primary bedroom with a bay window seat open to a private patio. The outdoor space is abundant with two separate seating areas and situated on a rare double lot, the expansive open space next to the home offers endless possibilities for expansion or customization. This turnkey offering provides peaceful mountain living near numerous hiking trails, the famous malt shop, Cedar Glen Inn, Mag. Pi, Cedar Glen Fine Foods grocery and much more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 1,360 | 1,087 |
| Lot Size | 4,560 | 13,277 |
| Price | $419.0K | $316.9K |
| Price per sq ft | $308 | $326 |
| Built year | 1926 | 1966 |
| HOA | $0 | $0 |
| Days on market | 105 | 198 |
Apr 8, 2026
$419,000
Initial Listing
Oct 13, 2022
$365,000
Public Record