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691 Cottage Grove Road, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 2 bed, 2 bath

691 Cottage Grove Road, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$475,000
691 Cottage Grove Road, Lake Arrowhead, California 92352
2Beds
2Baths
1,146Sqft
13,104Lot

Price Vs. Estimate

The estimated value ($377,022.395) is $97,977.605 (20%) lower than the list price ($475,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13104, living area = 1146.
Top Cons:
Age of Core Systems/Finishes: While rebuilt in the 1950s and expanded/renovated in the 1980s, many core systems and interior finishes are likely 40+ years old, which may necessitate future updates or maintenance.

Compared to the nearby listings

Price:$475.0K vs avg $675.0K ($-200,000)17%
Size:1,146 sqft vs avg 1,933 sqft8%
Price/sqft:$414 vs avg $35169%

More Insights

Built in 1958 (67 years old).
Condition: The property was rebuilt in the 1950s and last extensively renovated in the 1980s, making the interior finishes and core systems over 40 years old. While recent exterior updates like a new roof and paint are positive, the kitchen and bathrooms are severely outdated. The kitchen features knotty pine cabinets, white appliances, a dated tile backsplash, linoleum flooring, and an old fluorescent light fixture. The bathroom also has dated wood cabinetry, an old vanity light, and carpeted flooring, which is generally considered undesirable. These areas require substantial renovation and rehabilitation to meet current quality and aesthetic standards.
Year Built
1958
Close
-
List price
$475K
Original List price
$575K
Price/Sqft
$414
HOA
-
Days on market
-
Sold On
-
MLS number
IG25165076
Home ConditionPoor
Features
Good View: Mountain(s), Creek/Stream, Trees/Woods
Deck
ViewMountain(s), Creek/Stream, Trees/Woods

About this home

Looking for your mountain getaway or full-time home with a history dating back to the early 1900's? Yes, this would be it. Owned by the same family since 1911. The home was rebuilt in the 1950's and then expanded and renovated in the 1980's. Family believes the original fireplace is still standing with a painting of the original cabin adorning the fireplace mantel. So many wonderful memories were made here throughout the last 100+ years including family members and their friends fortunate enough to join in with the original build and then the rebuild. We'll be happy to show you the photo albums detailing the activities throughout the decades. Cozy front porch faces the seasonal creek. With two oversized bedrooms including a true primary suite upstairs, you'll also enjoy a bed and bath on the main level. Sellers just completed some bigger ticket improvements including a new roof, exterior paint, new fireplace insert, and we have a clear pest control report on file, too. Offered mostly furnished, this darling cabin is awaiting it's next chapter as a cherished mountain retreat.

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,•PK-5•2.5mi
3/10
Valley Of Enchantment Elementary School
Public,•K-5•6.2mi
4/10
Charles Hoffman Elementary School
Public,•K-5•6.5mi
/10
Rim Virtual
Public,•K-8•0.7mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•1.8mi
6/10
Rim Of The World Senior High School
Public,•9-12•0.9mi
Condition Rating
Poor
The property was rebuilt in the 1950s and last extensively renovated in the 1980s, making the interior finishes and core systems over 40 years old. While recent exterior updates like a new roof and paint are positive, the kitchen and bathrooms are severely outdated. The kitchen features knotty pine cabinets, white appliances, a dated tile backsplash, linoleum flooring, and an old fluorescent light fixture. The bathroom also has dated wood cabinetry, an old vanity light, and carpeted flooring, which is generally considered undesirable. These areas require substantial renovation and rehabilitation to meet current quality and aesthetic standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13104, living area = 1146.
Recent Major Upgrades: Sellers have recently completed significant improvements including a new roof, exterior paint, new fireplace insert, and a clear pest control report, offering immediate peace of mind and reducing upfront costs for a buyer.
Historical Significance & Charm: Owned by the same family since 1911, the property boasts a rich history, including an original fireplace, providing unique character and emotional appeal as a cherished mountain retreat.
Desirable Mountain Location & Views: Located in Lake Arrowhead, the property offers picturesque mountain, creek/stream, and tree views, making it an ideal setting for a mountain getaway or full-time residence.
Functional Layout & Furnished Option: The home features a practical layout with a true primary suite upstairs and a bed/bath on the main level, and is offered mostly furnished, adding convenience and value for immediate occupancy.
Significant Price Adjustment: The property has seen a substantial price reduction from its original list price of $575,000 to $475,000, indicating motivated sellers and a potentially strong value proposition for buyers.

Cons

Age of Core Systems/Finishes: While rebuilt in the 1950s and expanded/renovated in the 1980s, many core systems and interior finishes are likely 40+ years old, which may necessitate future updates or maintenance.
Seasonal Creek Feature: The front porch faces a 'seasonal creek,' implying that the water feature may not be present year-round, potentially diminishing its appeal during drier periods.
Limited Square Footage: At 1146 sqft, the property offers a relatively compact living space, which might be a consideration for buyers seeking more expansive accommodations or a larger primary residence.

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