8 months on rocket

1021 Teakwood Dr, Lake Arrowhead, CA, 92352

$1,399,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,667 SqFt
$525/SqFt
House
Schools Nearby

Location

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1021 Teakwood Dr, Lake Arrowhead$1,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingCentral, Forced Air, Fireplace(s), Natural Gas, Solar
CoolingCentral Air
WaterfrontLake Privileges
FireplaceLiving Room
ViewMountain(s), Neighborhood, Trees/Woods
MLS #EV23147817
Lot Size0.21 Acres
StatusActive

About 1021 Teakwood Dr

Newly constructed, chic two-level modern mountain chalet in the prestigious North Bay is an imaginative and creative new take on mountain living from Alpha Development. Charcoal, milky white and sage green colors blend beautifully with the pristine neighborhood foliage. On a level corner lot at end of a cul de sac, the home enjoys a privacy canopy of shady pine, oak and birch. Oversized sliders frame the entire open concept design plan creating the street level facade. High beamed ceilings, custom 8 ft. doors, a low, 8-ft. wide horizontal fireplace, and floating staircase join a large street level bedroom and full spa bathroom. A natural stone embedded concrete patio, the entire length of the home exterior, is punctuated with Zen garden and pad for jacuzzi at the end. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - UPSTAIRS, Four additional bedrooms and two baths take advantage of mountain/forest views upstairs with expansive decks. Unique Primary Bedroom is an open floor plan and includes a custom "loft" style wall separating the bedroom area from a huge walk in/open closet feature. The Exterior walls made of reclaimed wood, combine with cutting edge products, building materials, solar panels, automation extending temperature regulation, electronic front door and electric car charger. The unique design makes this energy efficient smart home a rare find in the Mountain Resort Communities of Lake Arrowhead.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom
  • Year Built: 2023
  • Stories: 2
  • Living Area: 2,667 SqFt

Listing Office:

  • Office Name: CAPRE
  • Office Phone: (310) 489-0017
  • Listing Agent: STEPHEN VALENTINE

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Interior: Beamed Ceilings, Balcony, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Data, Wood Product Walls, Bedroom on Main Level
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Privileges
  • View: Mountain(s), Neighborhood, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Trees
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s), Natural Gas, Solar
  • Cooling: Central Air

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
  • Lake Arrowhead Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Grass Valley to Sandalwood to Teakwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000
  • Price Per SqFt: $525/SqFt
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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

1021 Teakwood Dr vs Lake Arrowhead

255 DAYS ON ROCKET

+165 Days

$1,399,000

+$910.3K More

$525/SqFt

+$195 More

KEY TAKEAWAY

This property is $910.3K more than the Median Sold Price and $195/SqFt more than other homes in Lake Arrowhead, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV23147817

Listing Office:

  • Office Name: CAPRE
  • Office Phone: (310) 489-0017
  • Listing Agent: STEPHEN VALENTINE

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: 4/29/2024, 8:20:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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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.

Elementary School

school-card-donut-2992682
5
/10
  • Lake Arrowhead Elementary School

  • 1300 Golden Rule Ln

  • 1.78 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2992683
4
/10
  • Mary P. Henck Intermediate School

  • 730 Rhine Rd

  • 0.38 miles

  • Public District Grades 6-8

High School

school-card-donut-2992684
5
/10
  • Rim of The World Senior High School

  • 27400 Hwy 18

  • 2.57 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,712. The majority of Lake Arrowhead, CA residents have income between $35k-100k annually. Residents typically live in married, no kids family. 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 1021 Teakwood Dr

What is the listing price of this property?

The listing price of 1021 Teakwood Dr property is $1,399,000.

What type of property is this?

The property 1021 Teakwood Dr is a house located in Lake Arrowhead, California, 92352.

Is this property for sale now?

Active Listing: 1021 Teakwood 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 1021 Teakwood Dr are:
Lake Arrowhead Elementary School: GreatSchools Rating 5/10
Mary P. Henck Intermediate School: GreatSchools Rating 4/10
Rim of The World Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1021 Teakwood Dr has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1021 Teakwood Dr is 2,667 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1021 Teakwood Dr is 2023.

Rocket HomesCaliforniaSan Bernardino CountyLake Arrowhead923521021 Teakwood Dr

This home is located at 1021 Teakwood Dr in Lake Arrowhead, CA and zip code 92352. This 2,667 square foot home, which was built in 2023, sits on a 0.21 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 18, 2023 and is currently priced at $1,399,000.

In March 2024, from all listings sold in Lake Arrowhead, CA there were more than 8 sold above asking price, over 30 sold below and more than 10 were sold right at the asked price. The number of listings in Lake Arrowhead, CA increased by 12.3% between February 2024 and March 2024. Listings spent 90 days on the market in March 2024, and had a median list price of $488,666 during the same period.

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

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