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27809 Alpen, Lake Arrowhead, CA 92352

$699K5bd · 4ba · 3,037 sqft
Lot 10,230 sqft•Single Family Residence•
Active
•63d on market•MLS# PF-26175900

Property Description

Discover the potential of this Lake Arrowhead property, an exciting opportunity for a buyer with vision who is ready to bring new life to a home in one of the area’s most beautiful mountain communities. The home is in need of some work and updating, but that’s exactly what makes this property such an exciting opportunity. The roof has been recently replaced, providing an important improvement and added peace of mind as you take on the interior and other updates. With thoughtful renovations, creative improvements, and a little imagination, buyers can transform this property into something truly special while creating a home that reflects their own style and vision. Priced to sell, this is an opportunity to invest in a property with plenty of potential and make it your own. Opportunities like this don’t come around often. Instead of paying a premium for someone else’s finished vision, this property gives you the opportunity to make the improvements yourself and unlock its full potential. And with lake rights, you can enjoy one of the most desirable benefits of owning in Lake Arrowhead. Whether you’re looking for a personal mountain retreat, a future investment, or a project you can truly put your stamp on, Alpen Dr is worth it.

Features & Amenities

FeeBuilt 1966

Property Details

Land Type
Fee
Year Built
1966
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
None
View
Mountain(s)
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byKeller Williams Realty, EDUARDO AGUERO

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

27809 Alpen, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$699K
Luxury Tier
Beds
5
Baths
4
Sqft
3,037
Lot
10,230 sqft
Year
1966
$/Sqft
$230
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed 6.8% below the median closed sale of $750,000. Price per sqft ($230) is a 23% discount to closed comps ($298). Expect a longer timeline — comps averaged 146 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $699K· $230/sqft
Total list price
Closed comps
vs closed median $750K
−$51K (−6.8%)
Active comps
vs active median $849K
−$150K (−17.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $440
−$210 (−47.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28669 Teton LaneLake Arrowhead1981532,55210,360$286$730,00015091
28637 ShenandoahLake Arrowhead1999432,6529,420$339$899,00021884
240 Blue Lake RoadLake Arrowhead1971432,5488,090$1,001$2.55M14583
175 Golf Course RoadLake Arrowhead1978532,4408,690$254$620,00073182
26355 AugustaLake Arrowhead1978442,63910,500$322$849,00011475
Total: 5 · Average4.43.22,566.29,412$440.4$1.13M271.6
Median2,552$849,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27808 Alpen DriveLake Arrowhead198108/26/2026442,8589,600$798,000$750,000$2620.946493
27535 St Bernard LaneLake Arrowhead197909/11/2026432,8349,000$785,000$760,000$2680.972089
504 MillburnLake Arrowhead193009/08/2026442,83012,800$649,000$625,000$2210.9617385
27814 North BayLake Arrowhead197809/29/2026442,99015,000$689,000$655,000$2190.9522085
481 Bay View CourtLake Arrowhead202408/31/2026443,5038,210$1.90M$1.82M$5210.9625485
Total: 5 · Average4.03.83,00310,922$923,000$923,000$298.2—146.2
Median2,858$750,000$750,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.