337 Lookout Drive, Twin Peaks, California 92391, Twin Peaks, 92391 - 3 bed, 2 bath

337 Lookout Drive, Twin Peaks, California 92391 home-pic-0
ACTIVE$429,500
337 Lookout Drive, Twin Peaks, California 92391
3Beds
2Baths
1,128Sqft
13,591Lot

Price Vs. Estimate

The estimated value ($421,362.34) is $8,137.66 (1%) lower than the list price ($429,500). 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 = 13591, living area = 1128.
Top Cons:
Age of Construction: Built in 1981, the property is over 40 years old, which may suggest older systems or components not explicitly mentioned as updated, potentially requiring future investment.

Compared to the nearby listings

Price:$429.5K vs avg $380.0K (+$49,500)70%
Size:1,128 sqft vs avg 1,404 sqft27%
Price/sqft:$381 vs avg $26082%

More Insights

Built in 1981 (44 years old).
Condition: The property was built in 1981, making it 43 years old. While described as 'immaculate turn-key' and having a 'newly updated large wrap around deck,' the interior images, particularly the kitchen and bathroom, reveal dated styles and materials. The kitchen features older white cabinets, laminate-style countertops, and black appliances that are functional but not modern. The bathroom has an integrated cultured marble-style vanity and dated wood paneling. These areas, while clean and well-maintained, show signs of being outdated and would benefit from cosmetic updates to meet current aesthetic standards. The overall condition is functional and move-in ready, but the age of the home and the dated key areas align with the 'fair' category, suggesting minor updates are required to modernize the property.
Year Built
1981
Close
-
List price
$430K
Original List price
$442K
Price/Sqft
$381
HOA
-
Days on market
-
Sold On
-
MLS number
SW25071856
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods

About this home

Back on the Market! Seller to cover a 1% interest rate reduction for your first two years. Come connect with the preferred lender to help lower your monthly payments while you settle into your new home! immaculate turn-key three bedroom, two bathroom family home on a quiet cul de sac. Open plan living area opens to a newly updated large wrap around deck for morning coffee or evening outdoor dining. Primary bedroom with ensuite, second bedroom and bathroom on main level. A large downstairs bedroom with walk-in closet and plenty of storage. Low maintenance vinyl siding. Large lot with level access, parking for multiple vehicles and room for RV, boat parking or even building an ADU. A large garden shed for all your tools or extra storage.

Condition Rating
Fair

The property was built in 1981, making it 43 years old. While described as 'immaculate turn-key' and having a 'newly updated large wrap around deck,' the interior images, particularly the kitchen and bathroom, reveal dated styles and materials. The kitchen features older white cabinets, laminate-style countertops, and black appliances that are functional but not modern. The bathroom has an integrated cultured marble-style vanity and dated wood paneling. These areas, while clean and well-maintained, show signs of being outdated and would benefit from cosmetic updates to meet current aesthetic standards. The overall condition is functional and move-in ready, but the age of the home and the dated key areas align with the 'fair' category, suggesting minor updates are required to modernize the property.
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 = 13591, living area = 1128.
Buyer Incentive: The seller is offering a significant 1% interest rate reduction for the first two years, providing a substantial financial benefit to the buyer.
Move-in Ready Condition: Described as an 'immaculate turn-key' home with a newly updated large wrap-around deck, minimizing immediate buyer expenses and effort.
Expansive & Versatile Lot: A large lot with level access offers ample parking for multiple vehicles, RVs, or boats, and significant potential for building an Accessory Dwelling Unit (ADU).
Desirable Location & Views: Situated on a quiet cul-de-sac, the home offers peaceful living with attractive mountain and tree views.
Low Maintenance Exterior: The property features low-maintenance vinyl siding, reducing ongoing upkeep efforts and costs for the homeowner.

Cons

Age of Construction: Built in 1981, the property is over 40 years old, which may suggest older systems or components not explicitly mentioned as updated, potentially requiring future investment.
Market History: Being 'Back on the Market!' with multiple price adjustments indicates potential challenges in previous sales attempts or initial overpricing, which could raise buyer questions.
Compact Interior Space: With 1128 sqft for a 3-bedroom, 2-bathroom home, the interior living space might be considered compact for some family buyers.

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