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$725,000

Beds
3
Baths
2.0
sq ft
1,600

26974 Tunnel Dr, Lake Arrowhead, CA 92352

26974 Tunnel Dr

Lake Arrowhead, CA 92352

  • 187 days on market
    • Price drop $20,000↓
Discover tranquility with this enchanting Thunderbird-style home, nestled away from the crowds yet wonderfully accessible to all that Lake Arrowhead has to offer. Situated in a serene lake-rights neighborhood, this property features a beautifully forested parcel with a calming seasonal stream at the backyard. Conveniently located with only a 2-3 minute stroll to Grass Valley Park, 3-4 minute drive to the prestigious Lake Arrowhead Country Club (LACC) golf course and 10 minutes away from Blue Jay and the Village. For the outdoor enthusiast, National Forest trails are a 10-15 minute drive away as well as the popular trail around private Lake Arrowhead. The living room features soaring vaulted ceilings leading seamlessly to the expansive deck and open plan kitchen with dining area overlooking the forest. Rounding out the main level is the primary bedroom with vaulted ceilings, fantastic light with deck access and full bath making for easy daily living. Additionally, the generous 1/3 acre parcel features a beautiful forest view in addition to providing ample space for enjoyment and development opportunities with a secondary access point located on the opposite side of the parcel via a level access road. Recent upgrades include a new mini split AC in the living room and dual pane windows/sliders throughout for energy efficiency. Downstairs contains a cozy family room, two additional bedrooms, full bath, laundry and secondary deck leading directly to the backyard. Being located on a county snow-plowed and maintained street, easy access year round is assured. The property will be sold furnished per seller inventory allowing you and your family to move right in! Additionally, this home has been a successful (5 star rated) short-term rental with active permit in place with income statistics available upon request. An exceptional opportunity that is not to be missed!

Details

Property type

Single Family Residence

Est. home value

$614,166

Lot size

0.3051 acres

Price per sq ft

$454

Year built

1971

Price History

10/10/2024
CRMLS

CRMLS #RW24087803

Price change
$725,000
-2.68%
07/17/2024
CRMLS

CRMLS #RW24087803

Removed
$745,000
06/11/2024
CRMLS

CRMLS #RW24087803

Price change
$745,000
-1.84%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Lake

High school district: 

Rim of the World

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$323,938
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$343,062
Cash to seller
$323,938

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

January 2021

Original loan amount

$375,000

Est. remaining balance

$343,062

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Boram Kim and Aram Woo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 1:25 PM

Listing updated: 10/20/2024 at 2:30 PM

Listed by: JOSEPH VARNEY, WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY Phone #: (909) 366-6940

MLS: CRMLS #RW24087803

CRMLS logo

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