29450 Piney Lane, Cedar Glen, California 92321, Cedar Glen, 92321 - 3 bed, 3 bath

29450 Piney Lane, Cedar Glen, California 92321 home-pic-0
ACTIVE$680,000
29450 Piney Lane, Cedar Glen, California 92321
3Beds
3Baths
1,888Sqft
9,650Lot

Price Vs. Estimate

The estimated value ($680,000) is $0 (0%) lower than the list price ($680,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Mountain & Forest Views: The property offers exceptional, unobstructed panoramic views of the surrounding mountains and forest from a private setting, significantly enhancing its appeal and tranquility.
Top Cons:
Bedroom Count Discrepancy: Officially listed as 3 bedrooms, but two additional rooms without closets are currently utilized as bedrooms, which may impact appraisal, financing, or official occupancy definitions.

Compared to the nearby listings

Price:$680.0K vs avg $402.5K (+$277,500)92%
Size:1,888 sqft vs avg 1,244.5 sqft83%
Price/sqft:$360 vs avg $32658%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property falls within the 'Good' category for its age. The home is move-in ready with desirable features such as wood flooring throughout, granite countertops and a center island in the kitchen, and a primary bathroom with a clawfoot tub and separate shower. Recent system upgrades, including a 2021 generator and a new spa deck, enhance its functionality. While the exterior paint shows some minor wear, the property is well-maintained, and its major systems are functional and within their expected lifespan, requiring no immediate major renovations.
Year Built
2005
Close
-
List price
$680K
Original List price
$730K
Price/Sqft
$360
HOA
-
Days on market
-
Sold On
-
MLS number
CV25125900
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic, Trees/Woods
Deck
Spa
ViewMountain(s), Panoramic, Trees/Woods

About this home

Welcome to this gorgeous Victorian farmhouse-style home, privately situated with exceptional panoramic views of the surrounding mountains and forest. Thoughtfully designed to capture the natural beauty. Go inside to discover an inviting open kitchen, dining, and living space where the kitchen boasts granite countertops, a center island, and a spacious pantry cabinet. The living room features a brick fireplace and large windows that frame stunning mountain and forest views, with a door leading to the wrap-around deck complete with a permitted new spa deck — perfect for relaxing under the stars. The main floor includes a spacious bedroom and full bathroom, as well as a laundry/mudroom with cabinetry, a second fridge, and ample storage. Wood flooring throughout the home adds to its warmth and charm. Upstairs, you’ll find four additional rooms and two bathrooms, including a roomy primary suite featuring a clawfoot tub with a window view and a separate shower. While the home is a 3-bedroom on title, two additional rooms (without closets) are currently used as bedrooms. The main-level bedroom could also serve as a convenient office or den. Per STR occupancy, this home can host up to 12 guests. The generator, installed in 2021, powers the entire house and spa during outages. The property also features HVAC with two exterior fans. The property includes all furniture with the sale and STR earnings will be provided as an MLS supplement. Enjoy spectacular views of the forest and mountains, just minutes from Lake Arrowhead Village and its vibrant shops, restaurants, and seasonal activities, plus convenient access to local amenities like a gym, steakhouse, and more. Don’t miss this unique opportunity to own a beautiful, income-generating home in an unparalleled setting! SUCCESSFUL Short-Term Rental.

Condition Rating
Good

Built in 2005, this property falls within the 'Good' category for its age. The home is move-in ready with desirable features such as wood flooring throughout, granite countertops and a center island in the kitchen, and a primary bathroom with a clawfoot tub and separate shower. Recent system upgrades, including a 2021 generator and a new spa deck, enhance its functionality. While the exterior paint shows some minor wear, the property is well-maintained, and its major systems are functional and within their expected lifespan, requiring no immediate major renovations.
Pros & Cons

Pros

Panoramic Mountain & Forest Views: The property offers exceptional, unobstructed panoramic views of the surrounding mountains and forest from a private setting, significantly enhancing its appeal and tranquility.
Established Short-Term Rental (STR) Income: A proven, successful income-generating property with all furniture included, capable of hosting up to 12 guests, making it an attractive investment opportunity.
Significant Modern Upgrades & Amenities: Features a remodeled kitchen with granite countertops and a center island, a new permitted spa deck, a whole-house generator (2021), and HVAC, ensuring comfort and reliability.
Prime Lake Arrowhead Proximity: Conveniently located just minutes from Lake Arrowhead Village, offering easy access to vibrant shops, restaurants, seasonal activities, and local amenities.
Versatile Living Spaces: Thoughtfully designed open-concept living with a main-floor bedroom/bath and two additional functional rooms (currently used as bedrooms) beyond the titled count, providing flexible use options.

Cons

Bedroom Count Discrepancy: Officially listed as 3 bedrooms, but two additional rooms without closets are currently utilized as bedrooms, which may impact appraisal, financing, or official occupancy definitions.
Recent Price Reduction: The property has undergone a notable price reduction from its original listing price of $729,999 to $680,000, potentially indicating an initial overvaluation or market resistance.
Mountain Property Access Considerations: While privately situated, the mountain setting may imply specific access challenges such as potentially steep roads or winter weather considerations that could be a drawback for some buyers.

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