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27721 Peninsula Drive, 228, Lake Arrowhead, CA 92352

$1.2M5bd · 4ba · 2,522 sqft
Lot 1,258 sqft•HOA $719/mo•Townhouse•
Active
•167d on market•MLS# 00-26836305

Property Description

Unique free standing townhome offering! Nestled within the coveted enclave of Meadow Bay North, Meadow Bay Townhome Unit 228 offers a rare blend of luxury, privacy, and effortless lakeside living. A special residence in the complex with no shared walls, this beautifully remodeled retreat lives more like a private mountain home, surrounded by mature foliage and peaceful lake views. Completely reimagined from top to bottom, the home showcases exceptional craftsmanship with custom millwork, high-end finishes, and a serene lake-inspired aesthetic throughout. Vaulted beamed ceilings create a dramatic sense of space, while expansive windows invite in natural light and glimpses of Lake Arrowhead. The thoughtfully designed floor plan features five spacious bedrooms and four fully remodeled bathrooms, offering comfort and flexibility for both family living and entertaining. The entire top level is dedicated to the stunning primary ensuite, creating a true private sanctuary with beautiful lake views and a peaceful, elevated setting. The main living areas flow seamlessly into a warm and inviting great room with a stone clad fireplace and warm wood paneling, opening to a charming patio nestled among the treesperfect for enjoying crisp mountain mornings or relaxing evenings after a day on the water. The beautifully appointed chef's kitchen blends timeless design with elevated functionality, making the heart of the home equally stylish and welcoming. A standout feature of the property is the private guest unit located downstairs with its own separate entrance. Ideal for guests, extended family, or multi-generational living, this fully equipped space includes a full kitchen, bedroom, bathroom, living room with fireplace, and its own laundry area, creating a true independent retreat. Just a short stroll down the path leads to Meadow Bay's private beach making lake access effortless and convenient. Whether spending summer days on the water or enjoying the tranquility of the mountains year-round, this exceptional property embodies lakeside living at its finest. Dock at Condo 1 Slip 2 available for extra.

Features & Amenities

FeeBuilt 1979

Property Details

Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Townhouse
Heating
Central
View
Trees/Woods
Roof
Composition
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byVista Sotheby's International Realty, Danielle Rosenthal

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,067.85
Principal & Interest
Loan Amount
$960,000
Total Interest
$1,224,427
Total Payment Over 30 Years
$2,184,427
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

Residential Tier · 1 active · 4 closed

27721 Peninsula Drive, 228, Lake Arrowhead, CA 92352

Lake Arrowhead · Townhouse

$1.2M
Residential Tier
Beds
5
Baths
4
Sqft
2,522
Lot
1,258 sqft
Year
1979
$/Sqft
$476
Pool: No✓
Spa: No✓
View: water✓

Listed 5.9% below the median closed sale of $1,275,000. Price per sqft ($476) is a 22% discount to closed comps ($610). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.20M· $476/sqft
Total list price
Closed comps
vs closed median $1.30M
−$100K (−7.7%)
Active comps
vs active median $1.10M
+$101K (+9.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $625
−$149 (−23.8%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
184 State Hwy 173Lake Arrowhead1972441,757608$625$1.10M16463
Total: 1 · Average4.04.01,757608$625$1.10M164
Median1,757$1.10M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27821 Peninsula Dr. #416Lake Arrowhead197308/27/2026442,0001,258$1.30M$1.25M$6250.9615580
27721 Peninsula Dr. #214Lake Arrowhead198108/12/2025432,4671,242$1.40M$1.30M$5270.9318878
27721 Peninsula Drive #218Lake Arrowhead198112/08/2025331,983936$1.25M$1.20M$6050.962571
27721 Peninsula Drive #217Lake Arrowhead198106/30/2025331,983936$1.48M$1.35M$6810.925269
Total: 4 · Average3.53.32,108.251,093$1.27M$1.27M$609.5—105
Median2,000$1.30M$1.30M

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.