tomo logo

$898,000

Beds
4
Baths
3.25
sq ft
2,076

27687 North Bay Rd, Lake Arrowhead, CA 92352

27687 North Bay Rd

Lake Arrowhead, CA 92352

  • 187 days on market
    • Price drop $16,888↓
Lake Rights!! This is lake living at its finest with access to Lake Arrowhead provided with the purchase of the home. Rent or purchase a dock or store your boat at the marina and enjoy the gorgeous summers on the water. Nestled in the trees this light, and airy mountain chalet sits proudly above the lake with a view from the deck, the main living space, and the upstairs primary bedroom (there is also a main level primary bedroom). Situated on it’s own piece of heaven positioned on a level all on its own for maximum privacy, the huge expansive deck is where your inspiration comes alive, your energy transforms, and your stress melts away. Family and friends gather around for a glass of wine, a gourmet meal followed by star gazing when the sun sets. Take relaxation to a new level by with your own private hot tub, a nice addition and plenty of space for it on the deck. Entertaining is convenient with easy access through the sliding glass doors to the kitchen and dining area. Enjoy the fresh breeze from the lake when both sliding doors are open. The floor plan provides flexibility and options for family or guests with one primary suite with en-suite bathroom on the main level and one upstairs with the lake view. Work remotely from the back bedroom which can double as an office and/or TV room where you will find privacy along with a gorgeous view of the forest. Make your way upstairs to relax in the king sized bed where the lake and mountain ridge views will hold you captive. The kids are just down the hall in their own room with their own private bathroom. Your entire extended family can enjoy time away with you taking advantage of the huge concrete parking deck at the end of the private road with step free access right to the front door. A large partially finished storage area with 2 large windows and private entrance has great potential for an ADU to generate rental income. Never worry about anyone driving or walking by your home away from home - this is the end of the rainbow!

Details

Property type

Single Family Residence

Est. home value

$920,152

Lot size

0.3588 acres

Price per sq ft

$433

Year built

1979

Price History

09/10/2024
CRMLS

CRMLS #OC24086553

Price change
$898,000
-1.85%
04/30/2024
CRMLS

CRMLS #OC24086553

Listed
$914,888
04/29/2024
CRMLS

CRMLS #OC23082633

Removed
$914,888

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Lake, Park, Fishing

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

$359,970
Asking price
$898,000
Closing costs (~8% of asking)
-$71,840
Est. remaining loan balance
-$466,190
Cash to seller
$359,970

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

November 2021

Original loan amount

$498,000

Est. remaining balance

$466,190

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Mario Ariel Ranco and Sandra Farah Iranco

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: 11/03/2024 at 4:45 AM

Listing updated: 10/12/2024 at 4:15 PM

Listed by: Lisa Stotelmyre, Coldwell Banker Realty Phone #: (949) 837-5700

MLS: CRMLS #OC24086553

CRMLS logo

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