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579 E Victoria Court, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath

579 E Victoria Court, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$410,000
579 E Victoria Court, Lake Arrowhead, California 92352
3Beds
2Baths
1,331Sqft
3,600Lot

Price Vs. Estimate

The estimated value ($410,000) is $0 (0%) lower than the list price ($410,000). This property may be overpriced.

Key pros and cons

Top Pros:
Breathtaking Lake Views: The property boasts stunning, serene lake views from its hilltop perch, enhanced by endless windows and dual decks, providing an exceptional aesthetic and recreational appeal.
Top Cons:
Age of Property: Built in 1975, the property is nearly 50 years old, which may imply potential for older systems or the need for additional updates beyond the recently installed mini-split A/C.

Compared to the nearby listings

Price:$410.0K vs avg $675.0K ($-265,000)10%
Size:1,331 sqft vs avg 1,933 sqft16%
Price/sqft:$308 vs avg $35032%

More Insights

Built in 1975 (50 years old).
Condition: The property, built in 1975, is move-in ready and well-maintained, functioning as a successful Airbnb. While the kitchen features dated wood cabinets and countertops with some older appliances, the bathrooms have been recently updated with modern vanities, vessel sinks, and subway tile. A new upstairs mini-split A/C system adds to comfort. The overall aesthetic is cohesive and appealing, with hardwood floors and updated lighting in main living areas. Despite the kitchen not being fully modern, the significant updates in other key areas and the property's overall condition prevent it from falling into the 'Fair' category, as no immediate renovations are required for comfortable living.
Year Built
1975
Close
-
List price
$410K
Original List price
$475K
Price/Sqft
$308
HOA
-
Days on market
-
Sold On
-
MLS number
IV25030850
Home ConditionGood
Features
Good View: Lake
Deck
ViewLake

About this home

Successful AIRBNB with LAKE VIEW!!!!! Discover your perfect escape in this beautifully appointed 3-bedroom, 2-bath home perched atop a hill, offering breathtaking views of the serene lake. With endless windows that fill the space with natural light, this property is designed for both relaxation and recreation. Step outside onto dual decks where you can savor morning coffee or host evening gatherings, all while soaking in the spectacular scenery. Inside, the inviting living area is perfect for quality. Recent updates include a new upstairs mini split A/C system, ensuring year-round comfort. This home is ideal for weekend getaways or extended vacations, providing everything you need to disconnect and unwind. Conveniently located just a 6-minute drive from the Village and local grocery stores, you’ll have easy access to charming shops and essential amenities. Plus, for electric vehicle owners, Tesla Superchargers are only 5 minutes away. Whether you're seeking adventure or a peaceful retreat, this stunning lakeview home is the perfect backdrop for creating lasting memories. Don’t miss the opportunity to make this tranquil oasis your own!

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.2mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.1mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•6.7mi
/10
Rim Virtual
Public,•K-8•1.1mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•2.0mi
6/10
Rim Of The World Senior High School
Public,•9-12•1.4mi
Condition Rating
Good
The property, built in 1975, is move-in ready and well-maintained, functioning as a successful Airbnb. While the kitchen features dated wood cabinets and countertops with some older appliances, the bathrooms have been recently updated with modern vanities, vessel sinks, and subway tile. A new upstairs mini-split A/C system adds to comfort. The overall aesthetic is cohesive and appealing, with hardwood floors and updated lighting in main living areas. Despite the kitchen not being fully modern, the significant updates in other key areas and the property's overall condition prevent it from falling into the 'Fair' category, as no immediate renovations are required for comfortable living.
Pros & Cons

Pros

Breathtaking Lake Views: The property boasts stunning, serene lake views from its hilltop perch, enhanced by endless windows and dual decks, providing an exceptional aesthetic and recreational appeal.
Proven Income Potential: Currently operating as a 'Successful AIRBNB', this property offers immediate income-generating capability, making it an attractive investment for short-term rental operators.
Enhanced Comfort: A recent update includes a new upstairs mini-split A/C system, ensuring year-round comfort for occupants, a significant improvement for an older home.
Outdoor Living Space: Dual decks provide ample outdoor space for relaxation, entertaining, and enjoying the spectacular scenery, extending the living area and maximizing the view.
Convenient Location: The home is ideally situated just a 6-minute drive from Lake Arrowhead Village and local grocery stores, with Tesla Superchargers only 5 minutes away, offering excellent accessibility to amenities.

Cons

Age of Property: Built in 1975, the property is nearly 50 years old, which may imply potential for older systems or the need for additional updates beyond the recently installed mini-split A/C.
Modest Size: With 1331 sqft and a 3600 sqft lot, the property offers relatively modest living space and outdoor area, which might be a consideration for buyers seeking more expansive room or land.
Price Reduction History: The property has undergone multiple price adjustments, including a significant drop from its original list price of $475,000, which could indicate challenges in market valuation or previous buyer interest.

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