818 Dom Way, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 3 bed, 2 bath

818 Dom Way, Lake Arrowhead, California 92352 home-pic-0
ACTIVE$595,000
818 Dom Way, Lake Arrowhead, California 92352
3Beds
2Baths
1,678Sqft
8,120Lot

Price Vs. Estimate

The estimated value ($206,007.81) is $388,992.19 (65%) lower than the list price ($595,000). 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 = 8120, living area = 1678.
Top Cons:
Significant Discrepancy in Valuation: The listing price of $595,000 is substantially higher than the estimated value of $206,007.81, indicating potential overpricing relative to comparable sales.

Compared to the nearby listings

Price:$595.0K vs avg $675.0K ($-80,000)38%
Size:1,678 sqft vs avg 1,933 sqft32%
Price/sqft:$355 vs avg $35150%

More Insights

Built in 1971 (54 years old).
Condition: Built in 1971, this property is well-maintained with some recent flooring updates. However, the kitchen, while functional, features dated light wood cabinets, speckled granite countertops, and older white appliances, suggesting a renovation 15-25 years ago. Many other interior elements, such as extensive wood paneling, some light fixtures, and the teal carpet in one bedroom, are significantly outdated. The absence of a modern cooling system also points to older systems. The property requires minor updates to modernize its aesthetic and features, aligning with the 'Fair' condition criteria.
Year Built
1971
Close
-
List price
$595K
Original List price
$595K
Price/Sqft
$355
HOA
-
Days on market
-
Sold On
-
MLS number
IG25066167
Home ConditionFair
Features
Good View: Trees/Woods
Deck
Patio
ViewTrees/Woods

About this home

Are you ready for mountain living? Welcome to 818 Dom Way, a delightful Lake rights home nestled on a quiet, private cul-de-sac. This property offers dual access from Dom Way and additional parking off the access road, accommodating up to 7 cars! Enter through a level entry into an open-concept living, dining, and kitchen area, perfect for entertaining. The main floor also features a den/game room, a bedroom, and a full bath. Upstairs, discover two spacious bedrooms and an additional bath. Enjoy the large front deck, ideal for relaxing with family and friends. This well-maintained home includes upgrades such as new flooring in the living room and dining room, along with newer carpet in the game room. A large shed provides ample storage or workshop space. Located just minutes from shopping, restaurants, Lake Arrowhead, and the Country Club, this home is the ideal mountain retreat!

Nearby schools

4/10
Lake Arrowhead Elementary School
Public,PK-52.1mi
3/10
Valley Of Enchantment Elementary School
Public,K-55.4mi
4/10
Charles Hoffman Elementary School
Public,K-58.1mi
5/10
Mary P. Henck Intermediate School
Public,6-80.1mi
/10
Rim Virtual
Public,K-81.2mi
6/10
Rim Of The World Senior High School
Public,9-122.3mi
Condition Rating
Fair

Built in 1971, this property is well-maintained with some recent flooring updates. However, the kitchen, while functional, features dated light wood cabinets, speckled granite countertops, and older white appliances, suggesting a renovation 15-25 years ago. Many other interior elements, such as extensive wood paneling, some light fixtures, and the teal carpet in one bedroom, are significantly outdated. The absence of a modern cooling system also points to older systems. The property requires minor updates to modernize its aesthetic and features, aligning with the 'Fair' condition criteria.
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 = 8120, living area = 1678.
Lake Rights: The property is a delightful Lake rights home, granting access to the private lake and its amenities, a highly desirable feature in Lake Arrowhead.
Ample Parking & Dual Access: Offers dual access from Dom Way and additional parking off the access road, accommodating up to 7 cars, which is a significant advantage in mountain communities.
Level Entry & Open Concept: Features a convenient level entry into an open-concept living, dining, and kitchen area, ideal for entertaining and ease of access.
Recent Upgrades & Well-Maintained: The home is well-maintained with recent upgrades including new flooring in the living/dining room and newer carpet in the game room, reducing immediate buyer expenses.
Prime Location & Proximity to Amenities: Located on a quiet, private cul-de-sac, just minutes from shopping, restaurants, Lake Arrowhead, and the Country Club, offering convenience and a desirable mountain lifestyle.

Cons

Significant Discrepancy in Valuation: The listing price of $595,000 is substantially higher than the estimated value of $206,007.81, indicating potential overpricing relative to comparable sales.
Absence of Modern Cooling System: The property description does not mention a cooling system (e.g., central AC), which could be a notable drawback during warmer months, especially when compared to some upgraded or newer comparable properties.
Limited View Potential: While offering 'Trees/Woods' views, the property lacks the more premium 'Lake' or 'Panoramic' views found in some comparable properties, potentially impacting its perceived value at this price point.

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