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644 Cedar Lane, Twin Peaks, California 92391, Twin Peaks, 92391 - 4 bed, 3 bath

644 Cedar Lane, Twin Peaks, California 92391 home-pic-0
ACTIVE$639,197
644 Cedar Lane, Twin Peaks, California 92391
4Beds
3Baths
1,335Sqft
5,150Lot

Price Vs. Estimate

The estimated value ($639,197) is $0 (0%) lower than the list price ($639,197). This property may be overpriced.

Key pros and cons

Top Pros:
Proven Short-Term Rental Success: Currently a successful, fully licensed, and transferable short-term rental with a 4.94 customer satisfaction rating, offering a strong business opportunity and potential to offset ownership costs.
Top Cons:
Age of Property: Built in 1928, the property's age, despite recent upgrades, may present potential for unforeseen maintenance issues related to the original structure or higher insurance premiums.

Compared to the nearby listings

Price:$639.2K vs avg $380.0K (+$259,197)88%
Size:1,335 sqft vs avg 1,404 sqft45%
Price/sqft:$479 vs avg $26094%

More Insights

Built in 1928 (97 years old).
Condition: Despite being built in 1928, this property has undergone an extensive and recent renovation, bringing it to an 'excellent' condition. The listing explicitly states 'new water heater and new furnace,' and a 'fully equipped modern kitchen with new cabinets, quartz countertops, and stainless-steel appliances.' The images confirm a contemporary kitchen with shaker-style cabinets, modern hardware, and recessed lighting. The bathrooms are also significantly upgraded, featuring a luxurious freestanding tub and walk-in glass showers with modern tiling and fixtures. Throughout the home, wood-look flooring is consistent and appears new, and light fixtures are updated. The property shows minimal wear and tear, indicating a high standard of recent work. While the original structure is old, the critical components and aesthetic elements have been thoroughly modernized, meeting current quality standards.
Year Built
1928
Close
-
List price
$639K
Original List price
$650K
Price/Sqft
$479
HOA
-
Days on market
-
Sold On
-
MLS number
219122759DA
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
Spa
Patio
ViewTrees/Woods

About this home

Price Reduction!! Stylish and eco-friendly 4-bedroom, 3-bathroom mountain cabin with new water heater and new furnace. The main floor of the cabin features a fully equipped modern kitchen with new cabinets, quartz countertops, and stainless-steel appliances. Adjacent to the kitchen is a rustic dining room and a spacious living room with a fireplace. The cabin is offered turnkey furnished. Enjoy fresh mountain air on the two main floor decks surrounded by lush forests. The barbecue deck offers a spacious outdoor dining area with bistro lights, hot tub, and BBQ. The second deck has patio seating, a patio heater, and yoga mats. The top floor houses a small loft area with a Zen floor sofa, a bathroom with a walk-in shower, and a queen bedroom equipped with essential baby amenities, including a crib mattress, pack'n'play, highchair, stroller, and baby tub. The cabin's bottom floor features two additional bedrooms and a luxurious bathroom. One room hosts a full-size bed, while the other, featuring a queen bed, grants private access to a cozy deck with bistro lights. The modern bathroom presents a freestanding tub and a walk-in glass shower. Twin Peaks is 10 minutes away from Lake Arrowhead and Lake Gregory. Nearby trails and lakes provide endless outdoor adventures. This is currently a successful short-term rental fully licensed and transferable. 4.94 in customer satisfaction since it has been in operation. Great business opportunity for those looking to have a getaway home that covers the cost.

Condition Rating
Excellent
Despite being built in 1928, this property has undergone an extensive and recent renovation, bringing it to an 'excellent' condition. The listing explicitly states 'new water heater and new furnace,' and a 'fully equipped modern kitchen with new cabinets, quartz countertops, and stainless-steel appliances.' The images confirm a contemporary kitchen with shaker-style cabinets, modern hardware, and recessed lighting. The bathrooms are also significantly upgraded, featuring a luxurious freestanding tub and walk-in glass showers with modern tiling and fixtures. Throughout the home, wood-look flooring is consistent and appears new, and light fixtures are updated. The property shows minimal wear and tear, indicating a high standard of recent work. While the original structure is old, the critical components and aesthetic elements have been thoroughly modernized, meeting current quality standards.
Pros & Cons

Pros

Proven Short-Term Rental Success: Currently a successful, fully licensed, and transferable short-term rental with a 4.94 customer satisfaction rating, offering a strong business opportunity and potential to offset ownership costs.
Extensive Modern Upgrades: Features recent essential upgrades including a new water heater and furnace, a fully equipped modern kitchen with new cabinets, quartz countertops, and stainless-steel appliances, and luxurious bathrooms with a freestanding tub and walk-in glass showers.
Exceptional Outdoor Living Spaces: Boasts two main floor decks, one with a hot tub, BBQ, and bistro lights for dining, and another with patio seating, a heater, and yoga mats, all surrounded by lush forests, enhancing the mountain experience.
Turnkey Furnished & Family-Ready: Offered turnkey furnished, including a queen bedroom equipped with essential baby amenities (crib mattress, pack'n'play, highchair, stroller, baby tub), making it immediately ready for use or rental, especially for families.
Prime Mountain Location & Recreation Access: Located in Twin Peaks, just 10 minutes from Lake Arrowhead and Lake Gregory, providing easy access to nearby trails and lakes for endless outdoor adventures and a desirable getaway destination.

Cons

Age of Property: Built in 1928, the property's age, despite recent upgrades, may present potential for unforeseen maintenance issues related to the original structure or higher insurance premiums.
Compact Living Space for Bedroom Count: With 4 bedrooms and 3 bathrooms within 1335 sqft, the individual room sizes or common areas may be relatively compact, potentially feeling restrictive for larger groups or extended stays.
Absence of Air Conditioning: The property description does not mention an air conditioning system, which could be a drawback for some occupants or guests during warmer periods, relying solely on natural ventilation.

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