561 Dover Court, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 3 bath

561 Dover Court, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$475,000
561 Dover Court, Lake Arrowhead, California 92352
4Beds
3Baths
1,862Sqft
3,050Lot

Price Vs. Estimate

The estimated value ($475,000) is $0 (0%) lower than the list price ($475,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Use & Income Potential: The property is explicitly marketed as suitable for families, retirees, or short-term rentals, indicating broad market appeal and potential for generating rental income.
Top Cons:
Age of Property: Built in 1982, the home is over 40 years old, which may suggest that some systems, appliances, or finishes could be original and might require updates or maintenance in the near future.

Compared to the nearby listings

Price:$475.0K vs avg $675.0K ($-200,000)17%
Size:1,862 sqft vs avg 1,933 sqft47%
Price/sqft:$255 vs avg $35013%

More Insights

Built in 1982 (43 years old).
Condition: Built in 1982, this property has undergone significant and stylish renovations in key areas. The kitchen features modern grey shaker cabinets, white solid-surface countertops, a contemporary backsplash, and stainless steel appliances, indicating a recent update. The main bathroom also boasts a modern double vanity with grey cabinets, black fixtures, and updated tile work. Flooring throughout the living areas and bedrooms appears to be updated hardwood/laminate. While the exterior decks show some weathering and the laundry area is older, the overall interior condition is move-in ready with no immediate major renovations required, aligning with a 'Good' score.
Year Built
1982
Close
-
List price
$475K
Original List price
$535K
Price/Sqft
$255
HOA
$93
Days on market
-
Sold On
-
MLS number
DW25056572
Home ConditionGood
Features
Good View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods

About this home

Dreaming of swapping city life for a peaceful retreat? Lake Arrowhead is just a short drive from the city and offers this relaxing 4 bedroom, 3 bath home with 1,862 sqft of living space. Perfect for families, retirees, or short-term rentals, this property is versatile for any lifestyle. The community is brimming with activities to keep you and your family entertained year-round, including hiking trails, boating, and seasonal festivals. Don't miss out on this opportunity your tranquil oasis awaits!

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-52.1mi
4/10
Charles Hoffman Elementary School
Public,K-55.8mi
3/10
Valley Of Enchantment Elementary School
Public,K-57.0mi
/10
Rim Virtual
Public,K-81.4mi
5/10
Mary P. Henck Intermediate School
Public,6-82.2mi
6/10
Rim Of The World Senior High School
Public,9-121.7mi
Condition Rating
Good

Built in 1982, this property has undergone significant and stylish renovations in key areas. The kitchen features modern grey shaker cabinets, white solid-surface countertops, a contemporary backsplash, and stainless steel appliances, indicating a recent update. The main bathroom also boasts a modern double vanity with grey cabinets, black fixtures, and updated tile work. Flooring throughout the living areas and bedrooms appears to be updated hardwood/laminate. While the exterior decks show some weathering and the laundry area is older, the overall interior condition is move-in ready with no immediate major renovations required, aligning with a 'Good' score.
Pros & Cons

Pros

Versatile Use & Income Potential: The property is explicitly marketed as suitable for families, retirees, or short-term rentals, indicating broad market appeal and potential for generating rental income.
Desirable Location & Lifestyle: Located in Lake Arrowhead, it offers a 'peaceful retreat' within a short drive from the city, complemented by a community rich in year-round activities like hiking, boating, and seasonal festivals.
Scenic Views: The property boasts desirable 'Mountain(s), Trees/Woods' views, enhancing its aesthetic appeal and providing a tranquil living environment.
Significant Price Reduction: The list price has been substantially reduced from $534,988 to $475,000, potentially offering a strong value proposition and increased affordability for prospective buyers.
Ample Accommodation: With 4 bedrooms and 3 bathrooms across 1,862 sqft, the home provides generous living space suitable for larger families or accommodating guests comfortably.

Cons

Age of Property: Built in 1982, the home is over 40 years old, which may suggest that some systems, appliances, or finishes could be original and might require updates or maintenance in the near future.
Limited Lot Size: The lot size of 3,050 sqft is relatively small for a single-family residence, potentially limiting outdoor living space or privacy for buyers seeking a larger yard in a retreat setting.
Recurring Association Fees: The property is subject to a monthly association fee of $93.0, which represents an ongoing financial commitment in addition to other homeownership costs.

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