Laura Jewett

Laura Jewett

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$285,000

($103,439 down)
FHA

589 Clubhouse Drive, Twin Peaks, CA 92391

2
1
616 sqft
PITI Monthly
$1,431.54 /mo

Listing courtesy of: Stephen McAlpin, Sotheby's International Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$842 /mo
$1,360 /mo

What's Special

SERENE
FIREPLACE
VAULTED CEILINGS
DECK
HISTORIC

Tucked away in the serene woods of Twin Peaks, "Wren's Nest" is a beautifully updated 1960s cabin that blends vintage charm with convenient updates. Vaulted ceilings and thoughtful styling create an inviting ambiance, while an expansive, newly refinished deck offers a seamless indoor-outdoor connection, perfect for soaking in the breathtaking treetop views. Comfort is effortless with central heat, a wood-burning fireplace insert, two brand-new mini-split air conditioning units, and a generator hookup for peace of mind. The property's tree-covered lot offers a picturesque setting, enhanced by recently planted apple, cherry, and pear trees. While delightfully secluded, this enchanting retreat is just moments from Lake Arrowhead and Lake Gregory, as well as local favorites like the Twin Peaks Farmer's Market, the historic Antlers Inn Restaurant, and Mountain High Market. Whether as a tranquil getaway or a full-time mountain retreat, "Wren's Nest" is a rare find that captures the essence of elevated mountain living.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,431.54/mo
Estimated Loan Balance
$182,353
Cash to close
$103,439
Interest Paid
$25,353

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Unknown
  • Heating: Central, WoodStove
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Insert, WoodBurningStove
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1966
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Twin Peaks

Financial Details

  • Price per Sqft: $462.66
  • Tax Annual Amount: $3562.5
  • On Market Date: 2025-03-06T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $103,439 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $103,439!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$181,561
Your Cash$103,439
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$842/mo
Traditional @ 7.5%
$1,410/mo
You save $568/month ($6,817/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25507033

Listing From:

Last updated: 2025-04-03T02:48:31.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.94%
7.15%

Principal & Interest

$842 /mo
$1,360 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $103,439 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $103,439!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$181,561
Your Cash$103,439
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$842/mo
Traditional @ 7.5%
$1,410/mo
You save $568/month ($6,817/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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