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Lake Arrowhead, CA Real Estate News

Being a life-long resident of the Lake Arrowhead area, I think it is safe to say that I might know a thing or two that the average visitor to the area may not.  One of the things that you probably won't find on any "event calendar" for the mountain is the wild extravaganza that happens every Labor Day weekend (Friday, August 30 through Monday, September 1 this year) throughout the mountain communities.... GARAGE SALE MANIA!!! That's right.  Labor Day weekend is famous for the plethora of garage sales that you will encounter driving around on most mountain roads.  And for those of you who are garage sale connoisseurs, you are going to be in hog heaven! The local newspaper, The Mountain News, will print a special garage sale insert that week with a map and ads with the times and locations...
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
This Saturday Night September 30th, the Boogie Knights will be getting down and funky at the Lake Arrowhead Village Center Stage... I love disco, and it is a classic fun time at the Village for our final weekend of the summer concerts.  Concert starts at 5:30 ~ bring your lawn chairs and good cheer for more information contact the Village office, tables might still be available ~ 909-337-2533 Kim Kelley Coldwell Banker Sky Ridge Realty 909-336-7949 Direct Line www.arrowheadeliteproperties.com kkelley@cbskyridge.com  
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
THIS SUNDAY NIGHT LABOR DAY WEEKEND, 2008, THE CENTER STAGE WILL BE ROCKING WITH THE "DEAD MAN'S PARTY", OINGO BOINGO TRIBUTE BAND.  THE TABLES ARE SOLD OUT BUT THERE IS PLENTY OF GRASS ROOM AND STANDING ROOM TO ENJOY THIS KICK BUTT BAND. THE PUB WILL BE OPEN IN THE CENTER STAGE AT THE LAKE ARROWHEAD VILLAGE. PUB OPENS AT 4:00 AND THE CONCERT STARTS AT 5:30.  THE WEATHER WILL BE PERFECT TO END THIS SUMMER CONCERT SERIES.  DON'T MISS OUT. KIM KELLEY COLDWELL BANKER SKY RIDGE REALTY 909-725-1248 CELL 909-336-7949 DIRECT WWW.ARROWHEADELITEPROPERTIES.COM KKELLEY@CBSKYRIDGE.COM  
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
The Final weekend is Labor Day Weekend in Lake Arrowhead for the Largest Free Concert Series in Southern California. This Friday it will be kicked off with the Irish/Celtic sounds of the Fenians Rock... They are a treat for sure.  Bring the green, wear the green and be Irish for the night. Friday at the Center Stage at 5:30 PM ~ THE PUB WILL BE OPEN...SHAKE A LEG. KIM KELLEY COLDWELL BANKER SKY RIDGE REALTY 909-336-7949 DIRECT LINE 909-725-1248 CELL WWW.ARROWHEADELITEPROPERTIES.COM KKELLEY@CBSKYRIDGE.COM  
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Well, the quiet finally broke and we had a very busy week in the distressed sale market segments, both the foreclosures and the short sales.More activity was seen with bank-owned properties, with 7 listings going into escrow.  To top that off, there were 12 price reductions and 8 new listings.Short sale inventory added 7 new properties, while there was only one price reduction and one property put into escrow.    Additionally, two listings were withdrawn, usually indicating that they went back to the bank and will show up on "that side of the fence" in the future (unless it is sold at auction).The total number of REO homes is currently at 56 and the total number of short sales is at 54.  Just to figure (and to keep things in perspective), the total number of single family homes current...
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Forty new listings his the market this past week (10 more than the week prior), bring the total inventory in our MLS for single family homes to 1063 units.  We continue to see about 100 homes in escrow, but this last week had almost twice as many properties close escrow (18) than the prior week (10).Days on market took a huge drop - way under 100 days - to 89.1, while the list -to-sale percentage only went down 1% to 95.2%.Should the three pending lakefront sales close escrow successfully, the median sale price for lakefront homes this year will go up significantly - perhaps to exceed 2007's median.... ARROWHEAD WOODS New Listings 11 Median Price $635,000 Price Range $229,900 - $1,575,000     Active Listings 451 Median Price $547,000 Price Range $199,000 - $5,995,000     Pending Listing...
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By Kat DeLong, REALTOR
(Realty ONE Group Mountain Desert)
  The following are month-to-date facts on properties that are listed or that have sold in and around Lake Arrowhead this month, August 2008.   (these stats are on residential homes/property only). AW=Arrowhead Woods (lake right properties) LF= Lake Front properties Cross properties= surrounding areas in Lake Arrowhead           Month-to-date   Count   Same Period 2007   Count       New  Listings, MLS wide Median price:   $299,900   123   $342,450   156       New X-Prop Listings, MLS wide This Week:   $268,500   45               Sold listings,  MLS wide Median price:   $167,500   39   $315,000   51       Sold listings,  AW & LF Median price:   $370,000   7   $467,500   18       Sold Cross property, MLS wide Median price:   $155,000   45   $270,000   63       Active Cross property, MLS w...
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
Are you ready for some Football? Rim of the World High School Football is getting under way.  The boys have seen Hell Week and the season is coming fast. Here are a list of all local games... Friday Sept 5th at 6:00 at Rim High School Centinnial vs Rim Friday Sept 19th at 7:00 at Rim High School Cathedral City vs Rim Friday Sept 26th at 7:00 at Rim High School Bishop vs Rim (Homecoming for Rim) Friday Oct 24th at 7:00 at Rim High School Sultana vs Rim Friday Nov 7th at 7:00 at Rim High School Hesperia vs Rim Friday Nov 14th at 7:00 at Rim High School Firebaugh vs Rim Other games for Frosh and JV are as follows Friday Sept 5th at 3:00 and 4:30 Thurs Sept 11th at 3:00 Thurs Sept 18th at 3:00 Friday Sept 26th at 3:00 Thurs Oct 2nd at 3:00 Thurs Oct 9th at 3:00 Thurs Oct 16th at 3:00 Thurs ...
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
Eligio's in the Story Book Inn has a Special Carved Rib Eye On Sunday Night.  Call and make your Reservations.  Picture yourself sitting in one of their beautiful rooms and taking in the Sunsets that make it all worth while for us on the mountain. Sunday Night Carved Rib Eye $18.95 If you are looking for a great Cater then call Eligio for your perfect addition to any gathering. 28717 Hwy 18 Skyforest, CA 909-337-0011 Restaurant Hours ~ Wednesday 4:30-8:30 ~ Thurs ~ Saturday 5:00-9:00 and Sunday 4:30-8:30   KIM KELLEY COLDWELL BANKER SKY RIDGE REALTY 909-336-7949 DIRECT LINE 909-725-1248 CELL WWW.ARROWHEADELITEPROPERTIES.COM KKELLEY@CBSKYRIDGE.COM                      
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
The Rim Bowling and Entertainment Center is NOW OPEN for Business.  I wrote about this back in July that they would be opening soon.  Well the time is now to take the family and enjoy some great entertainment.  Leagues are available.  Hours 10AM - 10PM Sunday thru Thursday and 10AM - Midnight Friday and Saturday Rates        : $3.50 per game Monday thru Friday 10AM-4PM                     $ 4.50 per game Monday thru Thursday after 4PM                    $5.50 per game Friday after 4PM and all day Saturday and Sunday Shoe Rental is $2.50 Featuring Perky Pizza Open Daily 909-338-5550 for lane availability and more information Kim Kelley Coldwell Banker Sky Ridge Realty 909-336-7949 Direct Line 909-725-1248 Cell www.arrowheadeliteproperties.com
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There were only 9 new Arrowhead Woods listings on the agent tour this week, including one condo and one lakefront.  We're still seeing a number of price reductions as the summer winds down - many sellers are positioning themselves for the holiday weekend and are hoping to get an offer before colder weather sets in. The agents in this week's "tour re-cap" meeting gave the thumbs-up to these half-dozen homes: 27589 Sugar Pine (Arrowhead Woods) - 3 br, 2 ba condo built in 1984 for $299,900 865 Como (Arrowhead Woods) - 5 br, 6.5 ba built in 2004 for $1,299,000 338 Mittry (Arrowhead Woods) - 3 br, 2 ba built in 1982 for $424,700 925 Trinity (Arrowhead Woods) - 3 br, 4.5 ba built in 1997 for $579,500 - This was the "Pick of the Day" 27318 Matterhorn (Arrowhead Woods) - 3 br, 1.5 ba built in 1...
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By Kat DeLong, REALTOR
(Realty ONE Group Mountain Desert)
If you were in Southern California in the 60's, then you may remember two groups, The HODADS & The SURFERS. Basically, being blond and living near the beach meant you were a "surfer." AND if you were not a surfer, than the only other option was to be a HODAD.  Tonight, August 22, 2008, at the LAKE ARROWHEAD VILLAGE, come enjoy some 60's tunes by THE HODADS.  Over the years band members, Bobby Schuster, John Hatton, Jimmy Street, Sterling Smith & Tony Jones have preformed with Elvis, Dolly Pardon and Frank Sinatra, to name a few. Tomorrow evening, August 23, 2008, center stage,  WHICH ONES PINK entertains you with their PINK FLOYD TRIBUTE. Concert times begin at 5:30 PM. You can also reserve a table. MAP TO LAKE ARROWHEAD VILLAGE. Summer is winding down, so "Come up for air," and enjoy t...
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Weather:  www.bensweather.com (For Big Bear, but generally right-on with their forecasts) Mostly sunny with light breezes throughout the weekend - should be very nice    Blue Jay Movie Theatre:  www.themovieexperience.com/tme-bluejay.shtml - 909.337.8404 Journey to the Center of the Earth (PG) - 1125, 145, 415, 645, 900 Tropic Thunder (R) - 1130,m 200, 430, 700, 930 Star Wars:  Clone Wars (PG) - 1135, 155, 420, 650, 910 The Mummy:  Tomb of the Dragon Emperor (PG-13) - 1115, 150, 425, 705, 940 (see what's in a movie before you go or to make sure what your children are going to see is appropriate at www.kids-in-mind.com)   Annual "Arrowhead Goes Wild" sponsored by Wildhaven - www.wildhaven.org - 909.337.1391 for information and/or reservations Saturday, 8/23 5:00 - VIP Champagne Tour ($50...
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
Lake Front Estates Currently on the Market                   Address Year Built Bed Bath Offered at 141 Rocky Point 1962 3 3 $899,000.00 28952 Palisades Dr 1969 3 2 $1,150,000.00 28736 Palisades Dr 1958 3 3 $1,150,000.00 28744 Palisades 1967 4 2.5 $1,295,000.00 28803 No Shore Rd 1971 3 2.5 $1,299,000.00 100 John Muir 1992 3 3.5 $1,325,000.00 28956 Palisades Dr 1957 4 3 $1,350,000.00 28906 Palisades Dr 1958 3 3 $1,475,000.00 201 Rocky Point 1980 5 3.5 $1,495,000.00 226 John Muir 1948 5 4.25 $1,599,000.00 27367 North Bay 1976 4 4 $1,795,000.00 27681 W Shore Rd 2003 4 2.5 $1,895,000.00 28937 N Shore Rd 1977 5 5 $1,999,999.00 724 Shelter Cove 1963 5 4 $2,495,000.00 27824 Hamiltair 1971 6 5 $2,499,000.00 27451 North Bay 1987 5 4 $2,500,000.00 27427 North Bay 1988 4 3.5 $2,575,000.00 27965 N...
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By Greg Steffens
(Mountain Country Realty)
Recently I was contacted by someone asking for more information about the cabin rentals at the Antlers Inn and Resort in Twin Peaks.  I had done a blog post on the restaurant, The Grill, but wasn't even aware that the cabins were available for rental. So, curiosity got the best of me and I hopped in the car and drove up there.  I found a very nice lady cleaning one of the units who agreed to take me around, let me look in a couple of the cabins and snap some photos.  I was so excited that I actually forgot I had my camera and ended-up with only a couple shots. There are still a few cabins that are undergoing renovation, but when all of them are done, there will be 22 units available - everything from a small studio (suitable for one or two), to units that will house entire families!  Ra...
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It was a fairly average week on the mountain - 30 new listings makes 1073 the total number of single family homes currently for sale in our multiple listing service.  There are 98 homes in escrow right now and 10 properties successfully closed.  The average days on market for the sold homes was 132.4 days and the average list-to-sale percentage was 96.2% (ranging from 91.0% in the Running Springs communities to 102.7% for the Crestline area).Nothing too exciting...we're still seeing more buyer activity than we've seen in a while and I project that we'll see some price reductions and more new listings as we approach Labor Day Weekend. ARROWHEAD WOODS New Listings 13 Median Price $455,000 Price Range $268,500 - $899,000     Active Listings 463 Median Price $544,000 Price Range $199,000 -...
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
I WAS DRIVING HOME THE OTHER NIGHT, I HAD MET A COUPLE OF GIRLFRIENDS OVER AT THE LAKE ARROWHEAD RESORT AND HAD A GLASS OF WINE AT BIN 189... I CALLED IT A NIGHT AND HEADED FOR HOME.  AS I ROUNDED THE ROAD THIS IS WHAT I SAW AND IT TOOK MY BREATH AWAY... SIMPLY AMAZING~!!! KIM KELLEY COLDWELL BANKER SKY RIDGE REALTY 909-336-7949 DIRECT 909-725-1248 CELL WWW.ARROWHEADELITEPROPERTIES.COM
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Both segments of distress sale properties (foreclosures and short sales) were still quiet as they have been for the past several weeks.  There are currently 54 bank-owned homes on the market (only 2 more than last week) and nearly an equal amount of short sale properties (at 51 - the exact number last week).  Four REO (real estate owned) homes went into escrow, there were 6 new listings added and only 3 price reductions.  Two new short sale listings hit the market this last week and just one price reduction. BANK-OWNED (REO)   PRICE AREA STREET ADDRESS BR BA BLT   $49,900  AB 32888 Deer  1  1  1926                  $109,900  AV  772 Arrowhead Villas  2  1  1940    $184,900  AV 841 E. Victoria   3  2  1984  $324,900  AV  810 Oakmont  4  3.5  1992                  $229,900  AW  580 Karenk...
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
I have a new favorite restaurant and I wanted to share this delightful news. The Historic Antler's Inn in Twin Peaks has a new owner.  They have spared no expense on adding class and ambiance to this wonderful old building.  Originally built in the 1920's, it has been home to many businesses.  This time, I think it will be a lasting place.  They have refurbished all of the cabins, and they are now available to rent out for vacation.  The food at "The Grill" is fantastic.  I would say that it is close to California Cuisine.  Fresh Fish Specials (The macadamia encrusted Halibut was to die for) Steaks Pasta Delectable Desserts Reservations are highly recommended, as it is fast becoming a local favorite. 26125 Highway 189 Twin Peaks, CA 92391 909-336-2600 Kim Kelley Coldwell Banker Sky Ridg...
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By Kat DeLong, REALTOR
(Realty ONE Group Mountain Desert)
AREA ACTIVE PENDING SOLDS Arrowhead Woods 465 30 5 Lake Fronts 38 2 0 Arrowhead Villas 45 4 1 Crestline 180 25 5 Green Valley Lake 67 3 0 Running Springs 121 22 3 Sky Forest/Creat Est. 24 2 0 Twin Peak/Rim Forest/Blue Jay 76 4 1          Stats obtained from Rim 'O The World MLS. For your Lake Arrowhead Real Estate needs: Kathy "Kat" DeLong, REALTOR.       To view ALL listings in and around Lake Arrowhead CLICK HERE.        
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