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305 Summit Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath

305 Summit Road, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$600,000$1,389/sqft
Est. Value: $587,466
-2%
FairlyEstimate
305 Summit Road, Lake Arrowhead, California 92352
3Beds
2Baths
1,389Sqft
7,312Lot

Price Vs. Estimate

The estimated value ($587,466.04) is $12,533.96 (2%) lower than the list price ($600,000). 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 = 7312, living area = 1389.
Top Cons:
Absence of Central Air Conditioning: The property description does not mention a central cooling system, which could be a consideration for comfort during warmer months.

Compared to the nearby listings

Price:$600.0K vs avg $670.0K ($-70,000)40%
Size:1,389 sqft vs avg 1,977 sqft18%
Price/sqft:$432 vs avg $34574%

More Insights

Built in 1997 (29 years old).
Condition: Built in 1997, this home is 27 years old but has received significant recent updates, including brand-new French doors, newly replaced decks, quartz countertops and a new sink in the kitchen, and fresh hexagon tile floors in both bathrooms. While the kitchen appliances are older white models and the wood cabinetry is a traditional style, they are well-maintained and functional. The property is described as 'move-in ready' and the updates prevent any immediate renovation requirements, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, even if not a full gut renovation.
Year Built
1997
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$432
HOA
-
Days on market
-
Sold On
-
MLS number
IG26006829
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods

About this home

Bright, cheerful, and beautifully convenient - this lake rights home offers year-round enjoyment with easy access and level parking plus a garage. The inviting living room features a stunning river rock gas fireplace and brand-new French doors that open to a sunlit deck perfect for relaxing summer evenings or taking in the tree-lined views. Inside, the kitchen impresses with warm wood cabinetry, quartz countertops, a new sink, a roomy pantry, and a built-in desk area. Two of the three lower level bedrooms open to newly replaced decks, creating perfect spots for quiet morning coffee or evening stargazing. Both spacious bathrooms showcase fresh hexagon tile floors, adding modern style. The home sits in a peaceful loop neighborhood with a nicely fenced yard ideal for pets and outdoor living. Just a quick 5 minute drive brings you to Lake Arrowhead Village for shopping, dining, and lakeside fun, while Blue Jay’s two grocery stores, library and restaurants are equally close. A move-in-ready retreat with all the comforts of mountain living!

P
Paul Marmorstein
Listing Agent

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.1mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•6.1mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.7mi
/10
Rim Virtual
Public,•K-8•0.5mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•1.4mi
6/10
Rim Of The World Senior High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
08/25/99
Sold
$197,000
10/18/96
Sold
$174,000
03/29/96
Sold
$21,000
12/14/21
Sold
$595,000
03/19/04
Sold
$275,000
Condition Rating
Good
Built in 1997, this home is 27 years old but has received significant recent updates, including brand-new French doors, newly replaced decks, quartz countertops and a new sink in the kitchen, and fresh hexagon tile floors in both bathrooms. While the kitchen appliances are older white models and the wood cabinetry is a traditional style, they are well-maintained and functional. The property is described as 'move-in ready' and the updates prevent any immediate renovation requirements, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, even if not a full gut renovation.
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 = 7312, living area = 1389.
Lake Rights Access: The property includes valuable lake rights, offering exclusive access to Lake Arrowhead for recreational activities, a significant premium in this market.
Exceptional Accessibility & Parking: Features easy, level access and a garage, which is highly desirable and convenient in a mountain community where parking can often be challenging.
Turnkey Condition with Modern Updates: Recently updated with new French doors, decks, kitchen sink, and bathroom tile, presenting a move-in ready home requiring minimal immediate investment.
Highly Convenient Location: Strategically located within a 5-minute drive to Lake Arrowhead Village and Blue Jay, providing quick access to shopping, dining, and essential services.
Appealing Outdoor Living Spaces: Offers multiple decks for relaxation and stargazing, complemented by a nicely fenced yard, ideal for pets and outdoor enjoyment.

Cons

Absence of Central Air Conditioning: The property description does not mention a central cooling system, which could be a consideration for comfort during warmer months.
Limited Lake Views: While offering lake rights, the property description highlights 'tree-lined views' rather than direct lake views, potentially limiting its appeal to buyers prioritizing panoramic water vistas.
Modest Interior Space: With 1389 square feet, the interior living space might be considered modest for a 3-bedroom home, potentially impacting its suitability for larger families or those desiring more expansive rooms.
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