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292 Heliotrope Drive, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath

292 Heliotrope Drive, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$650,000
292 Heliotrope Drive, Lake Arrowhead, California 92352
4Beds
3Baths
1,294Sqft
6,360Lot

Price Vs. Estimate

The estimated value ($618,659.525) is $31,340.475 (4%) lower than the list price ($650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Lake Rights: The property offers highly desirable lake rights and is within walking distance to the lake, shopping, and dining in the sought-after Palisades area.
Top Cons:
Age of Main Structure: Built in 1956, the main house's original construction may imply potential for older systems or components not explicitly mentioned as updated, despite recent renovations.

Compared to the nearby listings

Price:$650.0K vs avg $675.0K ($-25,000)45%
Size:1,294 sqft vs avg 1,933 sqft15%
Price/sqft:$502 vs avg $35184%

More Insights

Built in 1956 (69 years old).
Condition: While the property was built in 1956, it has undergone significant and recent updates that elevate its condition. The description explicitly mentions 'newly remodeled bathrooms' which are confirmed by images showing modern vanities, fixtures, and lighting. The attached apartment was also 'remodeled a few years ago' with updated systems. Crucially, the property benefits from a 'newer roof' and 'newer Pex plumbing,' indicating well-maintained major systems. The kitchen, while functional, features dated wood cabinets, tiled countertops, and black appliances, suggesting it hasn't been recently renovated and would likely be a priority for a buyer seeking modern aesthetics. Similarly, the bedrooms retain older wallpaper and carpet. However, the extent of the recent updates to critical areas and systems, combined with the overall well-maintained appearance, makes the property move-in ready, aligning with a 'Good' condition score, despite the dated kitchen and some cosmetic elements.
Year Built
1956
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$502
HOA
-
Days on market
-
Sold On
-
MLS number
IG25150556
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
ViewNeighborhood, Trees/Woods

About this home

Walk to the lake, shopping and dining from this cozy cottage with lake rights in the desirable Palisades area. It is situated on a level corner lot with a rear backyard, separate apartment, front party deck and lots of beautiful trees for summer shade. This well maintained gem of a retreat has 3 bedrooms, 2 baths in the main house, one being a primary bedroom and bath. Some of the qualities of the home are: double-pane windows, ceiling fans, wood floors and carpet, 4 car tandem garage with lots of storage and work area, newer roof, newer Pex plumbing, separate apartment, storage shed in the back of the property, lots of built-in storage cabinets, insert wood fireplace for curling up by the fire on cool winter nights, all house fan in the main house, newly remodeled bathrooms, walk-in showers and so much more. The attached apartment (to the garage) was built approximately in 1970 but has been remodeled a few years ago, open space with it's own split pump air & heat, on demand water heater, refrigerator, ceiling fan, barn closet doors and excellent storgage. This home is the definition of a mountain lifestyle.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•1.3mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.0mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•7.4mi
/10
Rim Virtual
Public,•K-8•1.8mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.1mi
6/10
Rim Of The World Senior High School
Public,•9-12•2.5mi
Condition Rating
Good
While the property was built in 1956, it has undergone significant and recent updates that elevate its condition. The description explicitly mentions 'newly remodeled bathrooms' which are confirmed by images showing modern vanities, fixtures, and lighting. The attached apartment was also 'remodeled a few years ago' with updated systems. Crucially, the property benefits from a 'newer roof' and 'newer Pex plumbing,' indicating well-maintained major systems. The kitchen, while functional, features dated wood cabinets, tiled countertops, and black appliances, suggesting it hasn't been recently renovated and would likely be a priority for a buyer seeking modern aesthetics. Similarly, the bedrooms retain older wallpaper and carpet. However, the extent of the recent updates to critical areas and systems, combined with the overall well-maintained appearance, makes the property move-in ready, aligning with a 'Good' condition score, despite the dated kitchen and some cosmetic elements.
Pros & Cons

Pros

Prime Location & Lake Rights: The property offers highly desirable lake rights and is within walking distance to the lake, shopping, and dining in the sought-after Palisades area.
Versatile Separate Apartment: Includes a recently remodeled, self-contained apartment with its own split pump air & heat, on-demand water heater, and amenities, providing excellent potential for rental income, guest quarters, or multi-generational living.
Extensive Recent Upgrades: Significant updates have been made, including double-pane windows, a newer roof, newer Pex plumbing, and newly remodeled bathrooms with walk-in showers, reducing immediate buyer expenses.
Ample Parking & Storage: Features a spacious 4-car tandem garage with considerable storage and work area, complemented by built-in storage cabinets and a separate storage shed.
Desirable Lot & Outdoor Space: Situated on a level corner lot with a private rear backyard, a front party deck, and mature trees providing natural shade, enhancing curb appeal and outdoor enjoyment.

Cons

Age of Main Structure: Built in 1956, the main house's original construction may imply potential for older systems or components not explicitly mentioned as updated, despite recent renovations.
Lack of Central Air Conditioning in Main House: While an 'all house fan' is present, the main residence does not have central air conditioning, which could be a comfort consideration during warmer months.
Compact Main House Square Footage: With 3 bedrooms and 2 baths in the main house contributing to the total 1294 sqft, the living spaces or individual rooms might feel compact for some buyers.

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