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394 Emerald Dr, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath

394 Emerald Dr, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$994,000
394 Emerald Dr, Lake Arrowhead, California 92352
4Beds
3Baths
1,838Sqft
9,000Lot

Price Vs. Estimate

The estimated value ($937,808.765) is $56,191.235 (5%) lower than the list price ($994,000). This property may be overpriced.

Key pros and cons

Top Pros:
Lake Rights & Panoramic Lake Views: The property boasts highly desirable Lake Rights and offers stunning lake views from almost every window, including a unique bathtub view in the primary suite, significantly enhancing its appeal and value.
Top Cons:
Age of Property: Built in 1969, the home is over 50 years old. While described as 'updated,' potential buyers may have concerns about the age of underlying systems (e.g., plumbing, electrical, HVAC) not explicitly detailed as replaced.

Compared to the nearby listings

Price:$994.0K vs avg $675.0K (+$319,000)78%
Size:1,838 sqft vs avg 1,933 sqft45%
Price/sqft:$541 vs avg $35186%

More Insights

Built in 1969 (56 years old).
Condition: Despite being built in 1969, this property has clearly undergone an extensive and high-quality renovation, likely within the last 5 years. The kitchen features modern white shaker cabinets, stainless steel appliances, light countertops, and subway tile backsplash, all in excellent condition. Bathrooms are fully updated with contemporary vanities, tiled showers (including a pebble floor in one), and modern fixtures, with the primary bath boasting a luxurious soaking tub with a view. Hardwood flooring is consistent throughout, and light fixtures are modern recessed or stylish pendants/fans. The overall aesthetic is fresh, cohesive, and move-in ready, showing no signs of wear or outdated elements, aligning with the criteria for an extensively renovated property.
Year Built
1969
Close
-
List price
$994K
Original List price
$1.05M
Price/Sqft
$541
HOA
-
Days on market
-
Sold On
-
MLS number
IG25134094
Home ConditionExcellent
Features
Good View: Lake
Deck
ViewLake

About this home

Lake Rights and Lake View for under a million!! Relax and enjoy a view of the lake from almost every window in this updated home. Perfect weekend getaway for the whole family or make it a full time dream come true to live in a peaceful mountain setting so close to the lake. This home offers a spacious layout for all to find comfort. Step into the open concept main level, where natural light pours in through expansive glass windows. Glass sliding doors open onto the deck that offers al fresco dinning and later gather around the built-in fire table for a cozy evening under the stars. The main level also offers a bedroom with a large glass sliding door to the deck. Upstairs offers the primary bedroom with en suite bathroom and a bathtub view of the lake that will surely melt your worries away! This home is complete with 4 bedrooms and 3 full bathrooms. And don't miss out on all the much wanted storage space under the house perfect for all your gardening tools, snow sleds and lake toys. The location is ideal for access to the lake trail, the marina, Peninsula Park on the lake and MacKay Park which offers pickle ball courts, a dog park and children's playground. Lake living could not be easier. This could be your perfect retreat for every season!

Condition Rating
Excellent
Despite being built in 1969, this property has clearly undergone an extensive and high-quality renovation, likely within the last 5 years. The kitchen features modern white shaker cabinets, stainless steel appliances, light countertops, and subway tile backsplash, all in excellent condition. Bathrooms are fully updated with contemporary vanities, tiled showers (including a pebble floor in one), and modern fixtures, with the primary bath boasting a luxurious soaking tub with a view. Hardwood flooring is consistent throughout, and light fixtures are modern recessed or stylish pendants/fans. The overall aesthetic is fresh, cohesive, and move-in ready, showing no signs of wear or outdated elements, aligning with the criteria for an extensively renovated property.
Pros & Cons

Pros

Lake Rights & Panoramic Lake Views: The property boasts highly desirable Lake Rights and offers stunning lake views from almost every window, including a unique bathtub view in the primary suite, significantly enhancing its appeal and value.
Prime Location & Community Amenities: Its ideal location provides convenient access to the lake trail, marina, Peninsula Park, and MacKay Park (pickleball, dog park, playground), offering a rich lifestyle for all seasons.
Updated & Open Concept Living: The home features an updated interior with a spacious, open-concept main level, allowing natural light to pour in through expansive glass windows, creating a bright and inviting atmosphere.
Exceptional Outdoor Entertainment Space: A large deck with glass sliding doors is perfect for al fresco dining and features a built-in fire table, providing an ideal setting for cozy evenings and entertaining under the stars.
Versatile Use & Ample Storage: Suitable as both a perfect weekend getaway or a full-time residence, the property also includes much-wanted storage space under the house for gardening tools, snow sleds, and lake toys.

Cons

Age of Property: Built in 1969, the home is over 50 years old. While described as 'updated,' potential buyers may have concerns about the age of underlying systems (e.g., plumbing, electrical, HVAC) not explicitly detailed as replaced.
Lack of Specific Modern System Upgrades: The description highlights general updates but lacks specific details on modern system upgrades such as energy efficiency improvements, smart home technology, or a dedicated cooling system, which could be a drawback in warmer months.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price of $1.049M to $994K, which could indicate initial overpricing or market resistance, potentially signaling a perceived lack of value at higher price points.

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