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829 Sierra Vista Drive, Twin Peaks, California 92391, Twin Peaks, 92391 - 1 bed, 2 bath

829 Sierra Vista Drive, Twin Peaks, California 92391 home-pic-0
ACTIVE$389,000
829 Sierra Vista Drive, Twin Peaks, California 92391
1Bed
2Baths
1,004Sqft
4,450Lot

Price Vs. Estimate

The estimated value ($365,616.595) is $23,383.405 (6%) lower than the list price ($389,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Income Potential: The property is a 'very active vacation rental' and 'continuously booked for STR,' offering immediate income generation and a proven investment track record.
Top Cons:
Seller Motivation/Price History: The 'Priced to sell! SELLER HIGHLY MOTIVATED' status and significant price reduction from $450,000 to $389,000 suggest potential challenges in market absorption or initial overpricing.

Compared to the nearby listings

Price:$389.0K vs avg $380.0K (+$9,000)55%
Size:1,004 sqft vs avg 1,404 sqft24%
Price/sqft:$387 vs avg $26082%

More Insights

Built in 1948 (77 years old).
Condition: Despite being built in 1948, the property has undergone an extensive and recent renovation, as explicitly stated in the description ('beautifully renovated,' 'all-new finishes,' 'brand new kitchen,' 'elegantly redesigned kitchen, bathrooms and finishes,' 'newer roof,' 'updated electrical wiring and panel,' 'replaced plumbing'). The images confirm a modern, high-quality aesthetic with new flooring, contemporary white cabinetry, dark countertops, and new black appliances in the kitchen. The bathrooms feature stylish vanities, modern fixtures, and new tiling. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Year Built
1948
Close
-
List price
$389K
Original List price
$450K
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
SR24207423
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Deck
ViewMountain(s), Neighborhood

About this home

Priced to sell! SELLER HIGHLY MOTIVATED - BRING ALL OFFERS! This is great investment property as it is a very active vacation rental. Beautifully renovated one-bedroom, one loft, two-bathroom cabin embodies a designer-inspired ambiance that effortlessly blends contemporary comfort with the warmth of nature, making it the ultimate haven for both relaxation and adventure. With the large downstairs bedroom, open living room and additional loft, this cabin accommodates up to 6 guests and is perfect for family gatherings, fun-filled weekends with friends or continue to use as a short term rental - income property. As you step inside, you’ll be greeted by a bright and inviting living room that exudes charm, featuring all-new finishes, contemporary cabinetry, new flooring and brand new kitchen. The cabin has a large deck to enjoy summer al-fresco dining and gatherings and a place to set your eyes on as you watch the snow fall on winter days snuggled up by the warm fireplace. This space is more than just a cabin; it’s an experience waiting to unfold. Whether you’re cozying up for a night in, hosting friends, or exploring the lucrative potential of an vacation rental, this cabin is designed for creating lasting memories. Centrally located in the highly sought-after Lake Arrowhead area, you’ll enjoy unparalleled access to local attractions, breathtaking scenic views, and a plethora of outdoor activities. Notable upgrades include a newer roof, updated electrical wiring and panel, replaced plumbing, beautiful new cabinetry, and elegantly redesigned kitchen, bathrooms and finishes. Your Twin Peaks & Lake Arrowhead adventure awaits! Please note - the cabin has been continuously booked for STR!

Condition Rating
Excellent
Despite being built in 1948, the property has undergone an extensive and recent renovation, as explicitly stated in the description ('beautifully renovated,' 'all-new finishes,' 'brand new kitchen,' 'elegantly redesigned kitchen, bathrooms and finishes,' 'newer roof,' 'updated electrical wiring and panel,' 'replaced plumbing'). The images confirm a modern, high-quality aesthetic with new flooring, contemporary white cabinetry, dark countertops, and new black appliances in the kitchen. The bathrooms feature stylish vanities, modern fixtures, and new tiling. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Strong Income Potential: The property is a 'very active vacation rental' and 'continuously booked for STR,' offering immediate income generation and a proven investment track record.
Extensive Modern Renovation: Features 'beautifully renovated' interiors with 'all-new finishes, contemporary cabinetry, new flooring, and brand new kitchen/bathrooms,' providing a turn-key, updated living space.
Significant System Upgrades: Key infrastructure like a 'newer roof, updated electrical wiring and panel, and replaced plumbing' mitigate concerns associated with the property's original build year.
Desirable Mountain Location: Centrally located in the 'highly sought-after Lake Arrowhead area,' offering unparalleled access to local attractions and outdoor activities, enhancing its appeal as a getaway.
Charming Outdoor & Indoor Ambiance: Includes a 'large deck' for al-fresco dining and a 'warm fireplace' for cozy winter days, creating an inviting atmosphere for guests or residents.

Cons

Seller Motivation/Price History: The 'Priced to sell! SELLER HIGHLY MOTIVATED' status and significant price reduction from $450,000 to $389,000 suggest potential challenges in market absorption or initial overpricing.
Limited Traditional Bedrooms: While accommodating up to 6 guests with a loft, the property officially has only 'one-bedroom,' which may limit appeal for buyers seeking a multi-bedroom primary residence.
Age of Original Construction: Built in 1948, despite extensive renovations, the underlying structure's age could imply potential for unforeseen issues or higher long-term maintenance compared to newer builds.

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