29196 Lake Brook Avenue, Cedar Glen, California 92321, Cedar Glen, 92321 - 3 bed, 1 bath

29196 Lake Brook Avenue, Cedar Glen, California 92321 home-pic-0
ACTIVE$425,000
29196 Lake Brook Avenue, Cedar Glen, California 92321
3Beds
1Bath
1,360Sqft
4,560Lot

Price Vs. Estimate

The estimated value ($344,235.325) is $80,764.675 (19%) lower than the list price ($425,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turnkey Investment Opportunity: The property is a successful short-term rental with an active Airbnb license, making it a ready-to-go investment for immediate income generation.
Top Cons:
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be inconvenient for larger families or multiple guests, especially in a short-term rental setting.

Compared to the nearby listings

Price:$425.0K vs avg $402.5K (+$22,500)75%
Size:1,360 sqft vs avg 1,244.5 sqft67%
Price/sqft:$312 vs avg $31650%

More Insights

Built in 1926 (99 years old).
Condition: Built in 1926, this property is a well-maintained 'vintage gem' with thoughtful design choices that lean into its age rather than modernizing it. The kitchen features charming oak cabinetry and an island, but the countertops and appliances appear older, and the overall style is dated. The bathroom, described as 'sweet vintage,' has distinct blue tiling that is clean and functional but significantly outdated. While the home is move-in ready and includes some updates like a mini-split AC unit and some light fixtures, major components like the kitchen and bathroom show signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1926
Close
-
List price
$425K
Original List price
$445K
Price/Sqft
$313
HOA
-
Days on market
-
Sold On
-
MLS number
IG25058872
Home ConditionFair
Features
Good View: Lake, Trees/Woods
Patio
ViewLake, Trees/Woods

About this home

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. Perfect for full-time living or part-time use, this home is also a successful short-term rental with an active Airbnb license—making it a turnkey investment opportunity. Elements of thoughtfully curated and elevated design details create a 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!

Condition Rating
Fair

Built in 1926, this property is a well-maintained 'vintage gem' with thoughtful design choices that lean into its age rather than modernizing it. The kitchen features charming oak cabinetry and an island, but the countertops and appliances appear older, and the overall style is dated. The bathroom, described as 'sweet vintage,' has distinct blue tiling that is clean and functional but significantly outdated. While the home is move-in ready and includes some updates like a mini-split AC unit and some light fixtures, major components like the kitchen and bathroom show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Turnkey Investment Opportunity: The property is a successful short-term rental with an active Airbnb license, making it a ready-to-go investment for immediate income generation.
Scenic Views: Offers captivating treetop and lake views, enhanced by a breathtaking wall of windows in the dining space, providing a serene and picturesque living experience.
Unique Vintage Charm & Design: A vintage gem featuring thoughtfully curated design details, tongue and groove pine, custom built-ins, and a gorgeous hand-built solid wood spiral staircase, creating a distinctive aesthetic.
Abundant Outdoor Space & Expansion Potential: Situated on a rare double lot with two separate seating areas, offering expansive open space for potential future expansion or customization.
Desirable Mountain Location: Conveniently located moments from Lake Arrowhead and Cedar Glen, providing peaceful mountain living with easy access to hiking trails and local amenities like shops and restaurants.

Cons

Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be inconvenient for larger families or multiple guests, especially in a short-term rental setting.
Age of Construction: Built in 1926, the vintage nature of the home may imply older infrastructure (plumbing, electrical, insulation) that could require more frequent maintenance or future upgrades.
Spiral Staircase Practicality: While a unique design element, the hand-built spiral staircase could present challenges for moving large furniture or for individuals with mobility limitations.

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