tomo logo

$725,000

Beds
4
Baths
2.25
sq ft
2,204

955 Teakwood Dr, Lake Arrowhead, CA 92352

955 Teakwood Dr

Lake Arrowhead, CA 92352

  • 23 days on market
Charming Mountain Home with Lake Rights. Nestled among the trees, this beautiful multi-level home offers opportunity for investment or main residence. Turn key and fully furnished, this home is an active and permitted AirBnB. The main level welcomes you with a foyer entrance, leading to a formal living room with a cozy fireplace and a formal dining room with sliding door access to a spacious deck—ideal for enjoying the serene forest views. At the heart of the home, the kitchen boasts granite countertops, a breakfast nook with a built-in hutch, and ample storage. A spacious family room provides an additional gathering space with its own slider leading to a private deck. This level also features one bedroom and a powder room for convenience. Upstairs, you’ll find three generously sized bedrooms and two bathrooms. One bedroom features a ladder leading to a fun loft space, while the primary suite offers vaulted ceilings, a rustic wood feature wall, a walk-in closet, and a stylish barn door leading to the en suite bathroom. Additional highlights include a large garage with high ceilings for extra storage, lake rights, brand new water heater & central air and heat, road access clearance on the city and close proximity to off-road trails and recreational activities. Don’t miss this opportunity to own a peaceful mountain retreat—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$618,739

Lot size

8,100 sq ft

Price per sq ft

$329

Year built

1991

HOA

No

Price History

02/07/2025
CRMLS

CRMLS #IG25025499

Listed
$725,000
+19.83%
05/06/2021
CRMLS

CRMLS #RW2300354

Sold
$605,000
+58.38%
10/11/2017
CRMLS

CRMLS #IV17193321

Sold
$382,000
+11.37%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Fishing, Golf, Lake, Park, Street Lights, Sidewalks

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

$171,028
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$495,972
Cash to seller
$171,028

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

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

March 2021

Original loan amount

$544,440

Est. remaining balance

$495,972

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Hayk Henry Demirchyan

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: 03/02/2025 at 2:00 PM

Listing updated: 02/10/2025 at 7:40 AM

Listed by: Miguel Diaz, REDFIN Phone #: (877) 973-3346

MLS: CRMLS #IG25025499

CRMLS logo

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