Under ContractSingleFamilyResidence

1509 Krause Lane

Lake Arrowhead, CA, 92352

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$690,000

MLS: IG25162519

Beds

3

Baths

3

Sq Ft

2,306

Lot

0.48 ac

Year Built

2006

MLS #

IG25162519

Days on Market

249

Listed

Jul 18, 2025

Description

The Edge of Wonder in Deer Lodge Park!Welcome to your Lake Arrowhead escape—where adventure meets serenity in the sought-after community of Deer Lodge Park. Nestled on a nearly level lot with room to roam, this well-built and lovingly maintained home offers space for play—grown-up and kid-style alike. The welcoming front porch gives off nostalgic charm, while the ridge line views from the back deck remind you you’re exactly where you’re meant to be. Step inside to an open floor plan, featuring a true primary suite retreat complete with a luxurious bath and an incredible walk-in closet. Upstairs, you'll find two additional bedrooms, a shared full bath, and a second living space or home office—ideal for guests, work-from-home life, or cozy movie nights. Enjoy level parking, an attached two-car garage with direct entry, and just a few easy steps to the front door. The surrounding towering trees and vibrant foliage offer a natural show of color in every season, creating a peaceful and awe-inspiring setting year-round. Whether you're a nature lover, off-road enthusiast, hiker, or hunter, this location offers easy access to trails, wilderness, and quietude, all just minutes from Lake Arrowhead's heart. This is more than a home—it's your launchpad to wonder.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Chrissy Hammer · COLDWELL BANKER SKY RIDGE REALTY

Payment estimate

$5,093

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,000 · Loan: $621,000

%
Principal & Interest
$3,816
Property tax (1.25%)
$719
Homeowners insurance
$300
Mortgage insurance
$259
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $24,150 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.

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