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385 Iris Drive, Twin Peaks, California 92391, Twin Peaks, 92391 - 4 bed, 3 bath

385 Iris Drive, Twin Peaks, California 92391 home-pic-0
ACTIVE$689,999
385 Iris Drive, Twin Peaks, California 92391
4Beds
3Baths
1,386Sqft
6,250Lot

Price Vs. Estimate

The estimated value ($535,286.3) is $154,712.7 (22%) lower than the list price ($689,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Mountain Location: Nestled in the serene hills of Twin Peaks, moments from Lake Arrowhead and a short distance from Big Bear Mountain, offering ultimate mountain living with access to skiing, hiking, and outdoor activities.
Top Cons:
Potential Overpricing: The listing price of $689,999 is significantly higher than the estimated property value of $535,286.3, which may indicate it is overpriced relative to market comparables.

Compared to the nearby listings

Price:$690.0K vs avg $380.0K (+$309,999)88%
Size:1,386 sqft vs avg 1,404 sqft48%
Price/sqft:$498 vs avg $26097%

More Insights

Built in 1979 (46 years old).
Condition: Despite being built in 1979, the property has clearly undergone an extensive and high-quality renovation, as described by the listing as an 'updated masterpiece.' The kitchen features modern stainless steel appliances, new-looking light wood cabinetry, a contemporary farmhouse sink, and unique cement countertops, all in excellent condition. The flooring throughout the main living areas is a well-maintained flagstone/slate tile, and the overall aesthetic is a cohesive, updated rustic style. While the age of the underlying structure (1979) suggests some systems might be older, the visible areas, particularly the kitchen and living spaces, are move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1979
Close
-
List price
$690K
Original List price
$690K
Price/Sqft
$498
HOA
-
Days on market
-
Sold On
-
MLS number
IG25111657
Home ConditionGood
Features
Good View: Canyon, Mountain(s)
Deck
ViewCanyon, Mountain(s)

About this home

Stunning Tri-Level Retreat in Twin Peaks! Experience the ultimate in mountain living with this luxurious 4-bedroom, 3-bathroom tri-level home nestled in the serene hills of Twin Peaks, just moments from Lake Arrowhead. This updated masterpiece boasts unique, one-of-a-kind touches that transport you to a world of tranquility and elegance. Step inside to be greeted by bright, airy spaces filled with natural light. The expansive living areas are perfect for entertaining or cozy family nights next to the fireplace. The gorgeous kitchen is highlighted by a one-of-a-kind cement countertop that is spacious, unique, and beautiful. Each bedroom offers a peaceful sanctuary, with ample storage and breathtaking views of the surrounding landscape. Outside, enjoy the enchanting outdoors on your spacious, wrap-around deck, ideal for morning coffee or evening stargazing. This property serves as the perfect primary residence or a secluded second home, providing a magical escape from the hustle and bustle of everyday life. Located a short distance from the renowned Big Bear Mountain, you'll have easy access to skiing slopes, hiking trails, charming restaurants, and a variety of outdoor recreational activities. Discover your slice of paradise in this exceptional home, where luxury and nature harmoniously intertwine.

Condition Rating
Good
Despite being built in 1979, the property has clearly undergone an extensive and high-quality renovation, as described by the listing as an 'updated masterpiece.' The kitchen features modern stainless steel appliances, new-looking light wood cabinetry, a contemporary farmhouse sink, and unique cement countertops, all in excellent condition. The flooring throughout the main living areas is a well-maintained flagstone/slate tile, and the overall aesthetic is a cohesive, updated rustic style. While the age of the underlying structure (1979) suggests some systems might be older, the visible areas, particularly the kitchen and living spaces, are move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Mountain Location: Nestled in the serene hills of Twin Peaks, moments from Lake Arrowhead and a short distance from Big Bear Mountain, offering ultimate mountain living with access to skiing, hiking, and outdoor activities.
Updated & Unique Interior: The home is an 'updated masterpiece' with unique, one-of-a-kind touches, including a gorgeous kitchen with a spacious and beautiful cement countertop.
Breathtaking Views & Natural Light: Offers breathtaking views of the surrounding landscape, including canyon and mountains, with bright, airy spaces filled with natural light throughout.
Expansive Outdoor Living: Features a spacious, wrap-around deck perfect for morning coffee or evening stargazing, enhancing the outdoor living experience.
Versatile Use: Ideal as either a perfect primary residence or a secluded second home, providing a magical escape from daily life.

Cons

Potential Overpricing: The listing price of $689,999 is significantly higher than the estimated property value of $535,286.3, which may indicate it is overpriced relative to market comparables.
Tri-Level Layout: The tri-level design, while offering distinct spaces, may present accessibility challenges for some buyers, such as those with mobility issues or a preference for single-level living.
Age of Property: Built in 1979, despite being updated, the property's age could imply potential for older infrastructure (e.g., plumbing, electrical, HVAC systems) that may require future maintenance or upgrades not detailed in the description.

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