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$995,000

Beds
4
Baths
3.5
sq ft
2,465

28164 North Bay Rd, Lake Arrowhead, CA 92352

28164 North Bay Rd

Lake Arrowhead, CA 92352

  • 77 days on market
    • Price drop $55,000↓
Nestled in the serene beauty of Lake Arrowhead and offering coveted lake rights, whether as your primary residence or full-time retreat, this turnkey home seamlessly blends modern elegance with natural charm. Conveniently located near Tavern Bay beach club, and just a short drive to the Lake Arrowhead Village. Situated on over 1/4 acre, the property boasts remarkable curb appeal, a spacious newly redone concrete turn around driveway and a 2-car epoxy floor garage, enhanced by the convenience of an electric car charger, a full-home generator, and central AC/ heating. Step inside to discover a thoughtfully updated interior that also leads out onto the large back deck. The home is adorned with an upgraded front door, waterproof flooring, and recessed lighting ensuring a bright and inviting atmosphere throughout. The living room, has a cozy fireplace, providing an ideal space for entertaining, while the dining area flows effortlessly into a dream kitchen, complete with stunning granite countertops, stainless steel appliances, easy to access laundry room, and attached garage. Upstairs is the primary suite a true sanctuary, with its dramatic double-door entrance, fireplace, soaring beamed cathedral ceiling, and a luxurious ensuite featuring a soaking tub for ultimate relaxation. There are 2 additional bedrooms and another full bath upstairs. A unique feature of this property is the fully functional basement, accessible via the main home and a private side entrance. This versatile space includes a bedroom, a full bath, and a modern kitchen with sleek white quartz countertops and stainless-steel appliances, offering potential as a guest mother-in-law suite, home office, or future ADU. No detail is left behind. The front and side yards provide ample outdoor recreation opportunities, including sledding during winter, with a lush, finished backyard space offers a tranquil oasis to enjoy the tranquil fresh mountain air. Despite its location on a main road, the home and backyard maintain a quiet, peaceful ambiance. Plus, the street is promptly plowed during snowfall for easy access year-round. This home boasts pride of ownership and has had many additional upgrades including an updated electrical panel, water heater, central AC/Heat throughout, and mini-split AC/Heater in the garage. The home currently has an active Short Term Rental permit with the possible opportunity to come furnished.

Details

Property type

Single Family Residence

Est. home value

$747,284

Property condition

Updated/Remodeled

Lot size

0.2837 acres

Price per sq ft

$404

Year built

1985

HOA

No

Price History

12/13/2024
CRMLS

CRMLS #IG24237297

Price change
$995,000
-5.24%
11/20/2024
CRMLS

CRMLS #IG24237297

Listed
$1,050,000
+33.76%
09/05/2023
CRMLS

CRMLS #CV23131555

Sold
$785,000
+63.54%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, 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

$297,090
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$618,310
Cash to seller
$297,090

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

Seller’s Loan History

Lender

Lending Areana Llc

Loan start date

August 2023

Original loan amount

$628,000

Est. remaining balance

$618,310

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Anahit Busari and Garret Busari

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: 02/05/2025 at 3:40 AM

Listing updated: 02/02/2025 at 5:05 PM

Listed by: Brianna Anthony, COLDWELL BANKER SKY RIDGE REALTY Phone #: (909) 336-2131

MLS: CRMLS #IG24237297

CRMLS logo

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