29289 Lake View Drive, Cedar Glen, California 92321, Cedar Glen, 92321 - 4 bed, 3 bath

29289 Lake View Drive, Cedar Glen, California 92321 home-pic-0

29289 Lake View Drive

Cedar Glen, California 92321

ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
3Baths
2,211Sq Ft
10,585Lot Size

Property Price

LIST PRICE$450,000
EST. MARKET VALUE
$415,890
8% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$415,890
Based on Realkey algorithm analyzing recent comparable sales in Cedar Glen.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
29289 Lake View Drive
Subject
$450,000*
List Price
432,211$188-
A
29230 Lake View Drive
Sold
$405,000331,748$2320.1 mi
B
29282 Pine Drive
Active
$455,000
List Price
331,827$2490.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1949, this property is well-maintained but shows significant signs of age. The kitchen features dated white appliances, tile countertops, and whitewashed cabinetry that lacks modern appeal. While the home includes functional upgrades like a new deck and a whole-house generator, the bathrooms and interior finishes (such as the lava rock fireplace and older flooring) reflect a style from several decades ago. It is move-in ready but requires cosmetic and system updates to meet current modern standards.

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 = 10585, living area = 2211.

  • Rare Level Lot

    In a mountain community where sloped terrain is standard, this property features a completely flat front and back yard, providing exceptional accessibility and usable outdoor living space.

  • Income Potential

    The home includes a self-contained studio apartment with a separate entrance, kitchenette, and bathroom, offering a turnkey opportunity for rental income or multi-generational living.

CONSRISKS & DEFICIENCIES

  • Vintage Construction

    Built in 1949, the property may require more intensive maintenance or updates to its aging mechanical and structural systems compared to modern mountain residences.

  • Market Momentum

    A significant price reduction from the original listing price of $525,000 to $450,000 suggests the property has faced challenges in meeting initial market expectations.

About 29289 Lake View Drive

LEVEL FRONT & LEVEL BACK YARD. Big, sprawling “modern farmhouse” in adorable community of Cedar Glen has it all. On the coveted street of Lake View close to the famous “Malt Shop,” and The Glen shopping center arrive to a formidable property, on all level ground, that soars three levels under the canopy of a large oak. Step into a foyer and beyond into a two-story living room with cathedral ceilings and corner, floor-to-ceiling, lava rock fireplace. On the right, a bank of tall windows brings in natural light, and on the left, an open floor plan reveals the kitchen and dining nook separated by a large eat in bar, all nestled under whitewashed beams above. Sliders open out from the living area & kitchen onto a large NEW deck and huge, perfectly flat backyard. Adjacent is a large cozy den, and another fireplace framed on both sides with whitewashed book shelves the entire length of the room; and a powder room. _____________________Upstairs, a music loft can be seen from below that is connected to a large primary bedroom, another bedroom and a full bath. Travel a short flight of stairs where two smaller bedrooms are perfect for growing children. ____________________________ A short walk downstairs is an entire studio apartment that can be rented. The main room has a living/kitchenette (sink/counter/cabinets), bedroom area and ¾ bath; with separate entrance. Parking at the front of the house is for five cars and on large lot, adjacent to the home is a super-sized two car garage. WHOLE HOUSE GENERATOR

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1949
Lot Size
10,585 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
71%
Baths3.02.0
71%
Square foot2,2111,440
86%
Lot Size10,58510,585
50%
Price$450.0K$405.0K
71%
Price per sq ft$204$250
29%
Built year19491967
29%
HOA$0$0
50%
Days on market242242
57%

Pricing History

Listed for Sale

Dec 7, 2025

$450,000

$485,000

-7% Price Drop

Initial Listing

Price Change

Oct 28, 2025

$485,000

$503,000

-4% Price Drop

Initial Listing

Price Change

Aug 7, 2025

$503,000

$525,000

-4% Price Drop

Initial Listing

Price Change

Jul 8, 2025

$525,000

Initial Listing

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