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ActiveSingleFamilyResidence

1256 Grass Valley

Lake Arrowhead, CA, 92352

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$499,000

Original list price: $549,000

MLS: IG26028169

Beds

3

Baths

3

Sq Ft

1,530

Lot

0.18 ac

Year Built

1979

MLS #

IG26028169

Days on Market

255

Listed

Feb 6, 2026

Description

Picture your mornings here: coffee in hand, looking out past the treetops toward the mountains, with nothing on the schedule but deciding how to spend the day. That's the rhythm this Lake Arrowhead home—with lake rights—sets. Upstairs, the living space centers around those views—treetops and mountain peaks framing the room like a living painting. It's the kind of spot that works just as well for a quiet Sunday as it does for a house full of guests. The kitchen sits right where you want it, and the main-level suite means no stairs when you're ready to call it a night. With three bathrooms spread throughout, there's never a lineup, even when the place is full. But the real surprise is downstairs. The oversized game room practically begs for a purpose—is it game night? A movie room? A second hangout space where kids and adults can split off? After a day on the water, it's the kind of room where everyone naturally ends up, shoes off, laughing about who fell off the tube. Whether this becomes your full-time home or your escape from everything below the mountain line, the layout bends to fit your life. And priced to move? That's the part worth acting on. Some opportunities don't wait for a second look.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Gailmarie Bramlett · THE GM GROUP

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$4,116

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,109
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Lake Arrowhead home with as little as 3.5% down using an FHA loan — roughly $17,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 92352 (Lake Arrowhead)within ±10% of this home's price and size.

Local Market Stats

See Lake Arrowhead, CA 92352 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.