29288 Lake View, Cedar Glen, California 92321, Cedar Glen, 92321 - 2 bed, 2 bath
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29288 Lake View
Cedar Glen, California 92321
ACTIVE
CONDITION: POOR
2Beds
2Baths
972Sq Ft
7,458Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$322,090
11% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $359,000—positioned well below the $322,091 Fair Market Value by -11%. Featuring a Fair Condition Rating, the home requires a full interior modernization to address its vintage 1934 infrastructure. However, the large 7,458 sqft lot and entertainer's deck provide a solid foundation for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive rehab to unlock the property's full mountain retreat potential.
Estimated Market Value
$322,090
Based on Realkey algorithm analyzing recent comparable sales in Cedar Glen.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29288 Lake View Subject 2 bd · 2 ba · 972 sqft · $331 | $325,000* List Price | 2 | 2 | 972 | $331 | - |
A 29196 Lake Brook Avenue Active 3 bd · 1 ba · 1,360 sqft · $308 · 0.1 mi | $419,000 List Price | 3 | 1 | 1,360 | $308 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Originally built in 1934, the property shows interior finishes and a kitchen that appear to be 30-50 years old. The kitchen features dated flat-panel cabinetry, 1970s-style yellow square tiling, and laminate countertops. With the last sale in 1996 and no evidence of recent renovations, the home requires a full rehab of the kitchen, bathrooms, and likely mechanical systems to address its age and lack of modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7458, living area = 972.
- Outdoor Living & Accessibility
The property features a rare, nearly flat corner lot with ample parking for multiple vehicles or an RV, complemented by a large entertainer's deck perfect for enjoying northwest sunsets.
- Recreational Proximity
Ideally situated for outdoor enthusiasts, the home offers immediate access to National Forest and Deep Creek trails while remaining conveniently close to Cedar Glen’s dining and shopping.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At just 972 square feet for a three-bedroom, two-bathroom configuration, the interior living spaces and bedrooms may feel significantly cramped.
- Vintage Infrastructure
Built in 1934 and held by the same owner for nearly 30 years, the property likely requires modernization of its core systems and finishes to meet contemporary standards.
About 29288 Lake View
FRESH NEW PRICE=best value for its price range! Located only .6 of a mile to enjoy dining in the charming town of Cedar Glen. This 2 bedroom/2 bathroom(plus upstairs BONUS ROOM) rests on a nearly flat/corner parcel offering ample parking for multiple guests, work vehicles or small RV. Minimal stairs up to the front door make for an easy entrance into the main living level. Entry level features 2 spacious bedrooms, 2 bathrooms/laundry room, living room, den and kitchen. The bonus room is accessible via its own exterior stairway providing a relaxing upstairs space perfect for a home office. Host family Summer BBQs on a large entertainers deck and fenced front yard facing the North West sunsets. You will love the shade provided by the massive mature Black Oak tree in the front yard. Store off road ATVs, create a workshop, or utilize ample storage space in the 1 car garage. This is a great location for outdoor enthusiasts with endless National Forest/Deep Creek hiking trails just a 5 min drive down Hook Creek Road. First time on the market since 1996. Priced to sell in time for holidays in the beautiful Lake Arrowhead community!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1934
- Lot Size
- 7,458 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 1.9 |
| Square foot | 972 | 1,220.714 |
| Lot Size | 7,458 | 12,498.429 |
| Price | $325.0K | $334.1K |
| Price per sq ft | $334 | $329 |
| Built year | 1934 | 1972 |
| HOA | $0 | $0 |
| Days on market | 146 | 188 |
Pricing History
Listed for Sale
Sep 10, 2026
$325,000
$349,000
-7% Price Drop
Initial Listing
Price Change
Aug 17, 2026
$349,000
$359,000
-3% Price Drop
Initial Listing
Price Change
Jun 1, 2026
$359,000
Initial Listing
Sold
Aug 16, 1996
$54,000
Public Record