The influx of new listings continues with 22 new listings in Arrowhead Woods alone on the agent tour this week.   

One new lakefront 4 bedroom, 4.5 bath listing in Point Hamiltair for $5,199,000. 

There were seven price reductions on the whole tour:

• 770 Cottage Grove, Crest Estates- 3 br 1 ba reduced to $299,000 (agents in our tour re-cap group thought this was a good price for this property)
• 27520 West Shore, Arrowhead Woods - 3 br 3 ba reduced to $999,000
• 590 Pioneer, Arrowhead Woods - 4 br 2.5 ba reduced from $395,000 to $319,000 (re-cap group thought this was a good buy at the new price)
• 27318 Matterhorn, Arrowhead Woods - 3 br 1.5 ba reduced $18,000 to $327,000
• 26525 Walnut Hills, Arrowhead Woods - 3 br 2 ba reduced to $325,000 (tour re-cap group thought this was still a bit high)
• 332 Lookout, Twin Peaks - 3 br 1 ba reduced to $165,000 (tour groups agrees that this is a pretty rough property)
• 31150 VAlley Oak, Running Springs - 4 br 2.5 ba reduced to $395,000

There were two new construction properties on tour:

• 387 Spruce, Arrowhead Woods - 3 br 2.5 ba for $529,000. (the tour re-cap group thought this one was considerably overpriced)
• 26364 Forest, Twin Peaks - 3 br 2.5 ba for $372,000 (the group thought this was very nice - perhaps a bit overbuilt for the area.  Price could come down a bit)

Two condos were on tour:

• 27657 Peninsula Drive #104, Arrowhead Woods - 3 br 2 ba for $349,950 with level entry (re-cap group thought it was only a little high on price)
• 872 Sierra Vista #1, Twin Peaks - 4 br 3 ba for only $179,000 - listing agent says this one is over 2000 ft sq.  This is a pretty fantastic price....

Two lots:

• 719 Golf Course, Arrowhead Woods - $155,000 for this lot with great views of Grass Valley Lake.  Includes topo and plans.  Access from Tunnel Ct.
• 277 N. Fairway, Arrowhead Woods - $69,900

Only one bank-owned property on the tour this week and it is a good one:

• 31365 Lightfoot, Running Springs - 3 br 2.5 bath with 2 car garage and level entry for $295,000.  I think this one is a great deal.  New carpet and interior paint, large fenced-in back yard.  Master bedroom and bath on main floor.  Upstairs family room could easily be another bedroom.  I'd sell this one....

Other properties that the re-cap group thought were great deals:

• 28207 Arbon, Arrowhead Woods - 3 br 2.5 ba for $375,000 - remodelled home
• 997 Nadelhorn, Arrowhead Woods - 3 br 2 ba for $449,000 - great lake views
• 878 Jagerhorn, Arrowhead Woods - 3 br 2 ba log home for $459,000

For more information about these or any other listings, please contact us by phone at 909.336.7971 or by email at info@gregsteffens.com.  We are always happy to send, fax or email whatever information you're after.