$789,000
Original list price: $799,000
MLS: IG26119312
Beds
5
Baths
3
Sq Ft
1,525
Lot
0.11 ac
Year Built
1951
MLS #
IG26119312
Days on Market
79
Listed
Jun 4, 2026
Description
Welcome to this magical quintessential fairy tale cottage! Located lakeside in the Palisades area at Orchard Bay and only a short walk to the water’s edge via #10 ALA gate with gentle walking trails to village and beach clubs with full lake rights for your summer fun. Enjoy Lake Arrowhead Village’s seasonal entertainment, dining, and shopping all within minutes of arrival! This one of a kind vintage Craftsman (circa 1951) has been updated while maintaining it’s authentic charm and integrity. The words “Once Upon a Time” come to mind when you visit this historically relevant home once owned by the Waterman family (aka Waterman Cyn. Rd). Old world cobblestone stairs and a meandering pathway lead you right to front door and your fairytale journey begins! Step inside to a open airy floor plan accented with nostalgic character and careful restoration. The main level living room has beamed ceilings, Pickford tongue and groove wall paneling, a Craftsman brick fireplace, refinished and original Douglas fir wood flooring, 2 large wood paned windows that over look the huge patio areas front and rear both nodding to the majestic pine, cedar and dog wood trees that abound. A generously sized master suite on main level has board and batten walls, new tile and a new frameless shower door. The kitchen and dining rooms are updated with new cabinetry, granite, and stainless appliances. Additionally on main level a guest bedroom that currently functions as an artist studio/laundry area with brand new stackable washer and dryer. Moving up the winder stairs, a study/den area with built in desk and 3 additional guest bedrooms, one being perfect for a cozy kid get away. Other improvements include dual paned windows, new interior wood treatments, paint inside and out, new floor coverings, curated furnishings professionally appointed, multiple outside areas with new sprinkler system and leaf gutter system. Great vacation retreat, weekend get aways, or investment opportunity for your family generational wealth. Opportunity knocks at this sought after location offering a taste of classic Lake Arrowhead lifestyles at the lake! THIS HOME IS OFFERED TURNKEY FURNISHED WITH A FEW EXCLUSIONS
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Cindy Stahl · Vista Sotheby's International Realty
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
$5,976
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,900 · Loan: $710,100
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,559
- Property tax (1.25%)
- $822
- Homeowners insurance
- $300
- Mortgage insurance
- $296
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 Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
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 $27,615 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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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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