Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingCabin

236 Grass Valley

Lake Arrowhead, CA, 92317

1 / 4View all 4 photos

$599,000

MLS: DW25257243

Beds

4

Baths

6

Sq Ft

3,775

Lot

0.28 ac

Year Built

1971

MLS #

DW25257243

Days on Market

5

Listed

Nov 9, 2025

Description

Spacious Lake Arrowhead home with 3,775 sq. ft. of living space on a 12,050 sq. ft. lot. Features 4 bedrooms and 5 bathrooms. The home does need some TLC but has great potential. This is a short sale and is subject to lender approval.

Location

Lake Arrowhead, San Bernardino County, CA 92317

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Listed by: Jose Gomez · ReMax Sky

Payment estimate

$4,461

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100

%
Principal & Interest
$3,312
Property tax (1.25%)
$624
Homeowners insurance
$300
Mortgage insurance
$225
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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 $20,965 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.

Local Market Stats

See Lake Arrowhead, CA 92317 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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