tomo logo

$749,000

Beds
3
Baths
3.0
sq ft
1,888

29450 Piney Ln, Cedar Glen, CA 92321

29450 Piney Ln

Cedar Glen, CA 92321

  • 59 days on market
Discover your dream home nestled in the serene Cedar Glen area of Lake Arrowhead. This home, built in 2005, offers a tranquil escape while still being conveniently located near local amenities. Spanning 1,888 square feet, this property is situated on a generous 9,650 square foot lot, partially fenced for added privacy and security. As you approach the home, you'll be greeted by stunning views that enhance the allure of this secluded setting from the wrap-around deck. The interior boasts an expansive open-concept living area, perfect for both relaxation and entertaining. The eat-in kitchen seamlessly integrates with the living space, creating a warm and inviting atmosphere for family gatherings and social events. This versatile home features 3+ bedrooms and 3 bathrooms, with the potential to convert additional spaces into up to 5 bedrooms, catering to your family’s needs. The master suite is a true sanctuary, complete with a luxurious clawfoot soaking tub that offers breathtaking mountain views, allowing you to unwind in style. A spacious utility laundry area provide ample built-in storage, ensuring that your living space remains organized and clutter-free. Comfort is paramount in this home, equipped with two air conditioning units to keep you cool during warmer months and backup generator, offering peace of mind during power outages. The fenced backyard is a perfect retreat for children and pets to play safely, while the wraparound porch invites you to sit back, relax, and enjoy the sights and sounds of nature. Outdoor hot-tub for additional entertaining and relaxing. Imagine sipping your morning coffee or watching the local wildlife as the sun sets over the mountains. Four-Season mountain living with an array of outdoor activities. Whether you are looking for a permanent residence, a vacation getaway, or a cash-flowing investment, this home provides the perfect balance of comfort and adventure. Home is an active STR with strong rental history with over $100k a year in revenue.

Details

Property type

Single Family Residence

Est. home value

$611,404

Lot size

9,650 sq ft

Price per sq ft

$397

Year built

2005

HOA

No

Price History

09/27/2024
CRMLS

CRMLS #EV24198023

Listed
$749,000
-16.69%
04/01/2024
CRMLS

CRMLS #WS24009684

Removed
$899,000
01/16/2024
CRMLS

CRMLS #WS24009684

Listed
$899,000
+63.75%

Schools & Community

Neighborhood: 

Cedar Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$281,545
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$407,535
Cash to seller
$281,545

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

Seller’s Loan History

Lender

Mann Mortgage Llc

Loan start date

July 2021

Original loan amount

$439,200

Est. remaining balance

$407,535

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Jiayi Xu and Ning Zhang

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?

Similar Homes Nearby

Price drop
CRMLS
$649,000
3 bd
|
2.5 ba
|
1,616 sq ft
|
House

720 Buckingham Sq, Lake Arrowhead, CA 92352

Price drop
CRMLS
$726,000
3 bd
|
2.5 ba
|
1,612 sq ft
|
House

28833 Manitoba Dr, Lake Arrowhead, CA 92352

Price drop
CRMLS
$689,000
3 bd
|
3 ba
|
2,384 sq ft
|
House

28992 Banff Dr, Lake Arrowhead, CA 92352

Status: Active

Tomo last checked: 11/24/2024 at 9:50 PM

Listing updated: 11/04/2024 at 10:05 AM

Listed by: BRIAN L. COHEN, ARROWHEAD PREMIER PROPERTIES Phone #: (909) 336-2075

MLS: CRMLS #EV24198023

CRMLS logo

Recently listed in Cedar Glen

$239,999|1 bd|1.0 ba|House
$650,000|4 bd|2.0 ba|House
$749,000|3 bd|3.0 ba|House
$549,000|2 bd|2.0 ba|House
$524,000|4 bd|3.0 ba|House
$699,000|5 bd|3.0 ba|House