ActiveSingleFamilyResidence

189 St Hwy 173

Lake Arrowhead, CA, 92352

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$1,200,000

MLS: IG26101263

Beds

5

Baths

2

Sq Ft

1,952

Lot

0.19 ac

Year Built

1954

MLS #

IG26101263

Days on Market

0

Listed

May 8, 2026

Description

Gorgeous Arrowhead Woods home with Lake Rights and beautiful seasonal lake views from October through April, when the trees reveal the sparkling waters of Lake Arrowhead. Ideally located directly across the street from the lake, this charming mountain retreat offers one of the closest locations possible to the water without being waterfront. Enjoy a scenic 10-minute walk along the lake trail to Lake Arrowhead Village, where you can experience summer concerts, Oktoberfest festivities, lakeside dining, shopping, and year-round entertainment. This special property was once owned by the family of acclaimed actor Michael Douglas and offers front-row views of the spectacular Fourth of July fireworks right from the front porch. The home features 5 bedrooms, including a desirable main-level primary suite, plus a fully finished attic bedroom that provides additional space for guests, family, or a cozy retreat. With 2 full bathrooms and timeless Lake Arrowhead charm throughout, the home blends classic mountain character with modern comfort. Recent upgrades include all-new plumbing completed just a few years ago. The beautifully updated kitchen showcases quartz countertops, high-grade cabinetry, and an inviting layout perfect for entertaining. Dual-pane windows throughout the home provide energy efficiency and year-round comfort. Outside, towering mature trees create exceptional curb appeal and a peaceful mountain atmosphere. Two spacious decks offer wonderful outdoor living areas, including a large side deck ideal for gatherings and a welcoming front deck perfect for relaxing and enjoying the lake view. Convenient parking accommodates up to four vehicles, and after dark, traffic along Highway 173 becomes minimal, adding to the serene setting. Additional features include a whole-house generator for added peace of mind. Much of the furniture and TVs are included, making this a fantastic turnkey opportunity. Currently operating as a successful Airbnb with excellent reviews, this property offers both an incredible mountain getaway and a strong investment opportunity in one of Lake Arrowhead’s most desirable locations.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Angela Cheng Yap · RE/MAX LAKESIDE

Payment estimate

$8,833

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000

%
Principal & Interest
$6,833
Property tax (1.25%)
$1,250
Homeowners insurance
$300
Mortgage insurance
$450
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $42,000 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

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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

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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.