238 Bluebell
Lake Arrowhead, CA, 92352
$799,000
MLS: IG26060154
Beds
5
Baths
2
Sq Ft
1,640
Lot
0.16 ac
Year Built
1951
MLS #
IG26060154
Days on Market
29
Listed
Mar 19, 2026
Description
Nestled in the highly coveted south side of Lake Arrowhead, this rare five-bedroom mountain home offers a unique blend of historic charm and modern luxury. Situated in one of the lake's most protected and desirable corners, the property enjoys natural shelter from north shore winds, ensuring year-round serenity. This historic shotgun-style cabin, preserved since 1951, blends timeless charm with thoughtful updates ~ Warm natural wood walls throughout maintain the authentic mountain character, while dual-pane windows, new central heating, upgraded insulation, new fencing, and low-maintenance turf ensure modern comfort and convenience ~ The home is designed for family living, entertaining, and outdoor enjoyment. A rare three-car garage provides space for vehicles, toys, and storage, an unusual find so close to the lake. From the covered front deck, soak in lake views, watch the seasons change, and enjoy the unmatched peace of a home ~ Beyond the property, this home offers almost instant access to the lake via a second-tier easement, the ALA trailhead, and nearby docks, making it effortless to take morning walks along the water, or enjoy lakeside leisure ~ The neighborhood itself is a tight-knit, welcoming community, where neighbors gather for dockside dinners in summer or snow sledding adventures in winter ~ a living postcard of mountain charm and camaraderie ~ Whether you’re looking for a family retreat, a weekend getaway, or a long-term investment utilizing the short term rental market in this desirable location, this home delivers a lifestyle rarely available on the mountain: privacy, proximity, and timeless character, all in one exceptional package ~ This is more than a home, it’s your gateway to Lake Arrowhead living at its finest ~ Serious buyers recognize the rarity of this opportunity ~ Don’t wait ~ Make it yours today.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Will Rahill · KELLER WILLIAMS BIG BEAR
Payment estimate
$5,850
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100
- Principal & Interest
- $4,418
- Property tax (1.25%)
- $832
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 $27,965 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.
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