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29278 Pine Drive, Cedar Glen, California 92321, Cedar Glen, 92321 - 3 bed, 2 bath

29278 Pine Drive, Cedar Glen, California 92321 home-pic-0
ACTIVE$465,000
29278 Pine Drive, Cedar Glen, California 92321
3Beds
2Baths
1,329Sqft
16,353Lot

Price Vs. Estimate

The estimated value ($418,312.74) is $46,687.26 (10%) lower than the list price ($465,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16353, living area = 1329.
Top Cons:
Pricing Discrepancy: The current listing price of $465,000 is 10% higher than the estimated property value of $418,312.74, suggesting it may be overvalued in the current market.

Compared to the nearby listings

Price:$465.0K vs avg $402.5K (+$62,500)75%
Size:1,329 sqft vs avg 1,244.5 sqft67%
Price/sqft:$350 vs avg $32658%

More Insights

Built in 2001 (24 years old).
Condition: The property was built in 2001, making it 23 years old. While the roof and driveway have been recently updated, the interior, particularly the kitchen and bathrooms, show signs of being outdated. The kitchen features tiled countertops and older appliances, and the bathrooms have dated vanities and tiled surrounds. These areas are functional and appear well-maintained, but would likely require minor updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Year Built
2001
Close
-
List price
$465K
Original List price
$525K
Price/Sqft
$350
HOA
-
Days on market
-
Sold On
-
MLS number
IG25089666
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
Deck
ViewMountain(s), Neighborhood, Trees/Woods

About this home

"Sellers Motivated" New and Improved Pricing.. The residence encompasses a beautiful open floor plan with a lounging/TV room and Cathedral Ceilings and beautifully tiled fireplace. Wood Carved Handrails and Door Frames. Primary Bedroom on the main floor. Two additional bedrooms upstairs one with a balcony. Windows from all room allow sunlight into the home and makes one feel that you are in a treehouse with incredible views of the forest. The home sits within a beautifully treed lot. . Owner recently had the roof redone and a new driveway. The current owner purchased several lots that surround the property for more privacy, which is currently being combined into 1 lot total of 16353 sq ft. The home is close to hiking trails and parks. Centrally located to Sky park and Snow Valley. Close to Cedar glen village for shopping and dining.

Condition Rating
Fair
The property was built in 2001, making it 23 years old. While the roof and driveway have been recently updated, the interior, particularly the kitchen and bathrooms, show signs of being outdated. The kitchen features tiled countertops and older appliances, and the bathrooms have dated vanities and tiled surrounds. These areas are functional and appear well-maintained, but would likely require minor updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16353, living area = 1329.
Enhanced Privacy & Large Lot: The property benefits from an expanded 16,353 sq ft lot, created by combining surrounding parcels, offering superior privacy and ample outdoor space.
Recent Major Updates: The owner recently replaced the roof and installed a new driveway, reducing immediate maintenance concerns for a prospective buyer.
Desirable Interior Features & Layout: Features an open floor plan, cathedral ceilings, a beautifully tiled fireplace, wood-carved details, and a convenient main-floor primary bedroom.
Scenic Views & Natural Light: Windows throughout the home provide abundant natural light and offer incredible forest views, creating a unique 'treehouse' ambiance.
Prime Location & Recreational Access: Centrally located near hiking trails, parks, Sky Park, Snow Valley, and Cedar Glen village for convenient access to recreation, shopping, and dining.

Cons

Pricing Discrepancy: The current listing price of $465,000 is 10% higher than the estimated property value of $418,312.74, suggesting it may be overvalued in the current market.
History of Price Reductions: Multiple price drops from the original list price of $525,000 indicate market resistance and potential difficulty in attracting buyers at previous price points.
Potential for Dated Interior Elements: While aesthetically pleasing, the description does not specify recent updates to key areas like the kitchen or bathrooms, which, for a 2001 build, might be considered dated by some modern buyers.

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