4 months on rocket

0 Black Oaks Dr, Lake Arrowhead, CA, 92352

$19,888,000

145.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewCanyon, Mountain(s), Panoramic, Valley, Trees/Woods
MLS #EV23227248
Lot Size145.00 Acres
StatusActive

About 0 Black Oaks Dr

Originally a planned development named Black Oak Estates, this prime property is now available for a new builder/developer to realize. This development consists of 107 parcels totaling about 63 acres of prime buildable land. This listing includes 2 more parcels making a total of 109 parcels. The 108th parcel is a 0.33 acre lot located at the entrance to the Black Oak Estates area. The 109th lot is an adjacent, huge single lot of 82 acres, named Common Area Open Space. The combined acreage of all the parcels is a whopping 145 acres! A "reversion to acreage" may be applied to the Black Oak Estates parcels for an interested buyer to develop as they please, perhaps a private family resort. Located within Arrowhead Woods, all the parcels have lake rights. NOTE: Initial listing was for Black Oak Estates parcels only for 15M. Listing was revised to include the 82 acres, Common Area Open SP and the sale price increased to $19.888M.

Property Details

Property Features

Listing Office:

  • Office Name: EXP REALTY OF CALIFORNIA INC.
  • Office Phone: (909) 273-3169
  • Listing Agent: ALMA BORCUK

Exterior Features

Exterior Information:

  • View: Canyon, Mountain(s), Panoramic, Valley, Trees/Woods

Lot Features

Lot Information:

  • Lot Size: 145.00 Acres

School Info

Assigned Schools Information:

  • Rim of The World Senior High School, Public District Grades 9-12
  • Mary P. Henck Intermediate School, Public District Grades 6-8

Other

Directions Information:

  • Directions: Black Oak Estates: From Brentwood Dr, turn into Sonoma Dr. Sonoma Dr turns into Black Oak Dr. Property is at the end of the paved road. Common Area Open SP (82 Acre lot) is on access road off Trinity Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,888,000
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Housing Market Comparison

See how this home compares to others in Lake Arrowhead, CA.

Med. Sold Price

$488.6K

Med. Price/SqFt

$329

Avg. Days On Market

90

# of Sold Homes

48

0 Black Oaks Dr vs Lake Arrowhead

133 DAYS ON ROCKET

+43 Days

$19,888,000

+$19.3M More

KEY TAKEAWAY

This property is $19.3M more than the Median Sold Price in Lake Arrowhead, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV23227248

Listing Office:

  • Office Name: EXP REALTY OF CALIFORNIA INC.
  • Office Phone: (909) 273-3169
  • Listing Agent: ALMA BORCUK

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$99.3K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$59.6K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2650600
4
/10
  • Mary P. Henck Intermediate School

  • 730 Rhine Rd

  • 0.63 miles

  • Public District Grades 6-8

High School

school-card-donut-2650601
5
/10
  • Rim of The World Senior High School

  • 27400 Hwy 18

  • 2.61 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,239. The most common annual income of people living in Lake Arrowhead, CA is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Black Oaks Dr

What is the listing price of this property?

The listing price of 0 Black Oaks Dr property is $19,888,000.

What type of property is this?

The property 0 Black Oaks Dr is land located in Lake Arrowhead, California, 92352.

Is this property for sale now?

Active Listing: 0 Black Oaks Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 0 Black Oaks Dr are:
Mary P. Henck Intermediate School: GreatSchools Rating 4/10
Rim of The World Senior High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 0 Black Oaks Dr is 145.00 acres.
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Rocket HomesCaliforniaSan Bernardino CountyLake Arrowhead923520 Black Oaks Dr

This home is located at 0 Black Oaks Dr in Lake Arrowhead, CA and zip code 92352. This home sits on a 145.00 acre lot. It has been listed on Rocket Homes since December 17, 2023 and is currently priced at $19,888,000.

Over 8 listings were sold over their listed price in March 2024 in Lake Arrowhead, CA. In the same period over 30 listings were sold below the listed price and 10 listings were sold for the listed price. Between February 2024 and March 2024, Lake Arrowhead, CA real estate market has seen increase in the number of listings by 12.3%. While the average time on the market in March 2024 was 90 days, the median list price was $488,666.

From Rocket Homes Real Estate and based on county public records data.

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