27487 North Bay
Lake Arrowhead, CA, 92352
$769,000
MLS: IG26056198
Beds
3
Baths
4
Sq Ft
3,100
Lot
0.22 ac
Year Built
1999
MLS #
IG26056198
Days on Market
22
Listed
Mar 16, 2026
Description
$30k price drop & Seller may consider concessions to buyer on this fantastic Lake Arrowhead home with coveted Lake Rights and nearby lake access at ALA trail #38! Located in the desirable Arrowhead Woods and just minutes from the lake, enjoy a well-cared-for home offering the perfect mountain retreat, vacation home, or full-time residence with space for everyone. The main level is excellent for open living and entertaining with soaring ceilings, natural light, and decking surrounded by seasonal oaks that create a bright and inviting mountain atmosphere. The kitchen flows seamlessly into the main living space, ideal for entertaining, relaxing, or gathering after a day on the lake. A convenient half bath & laundry area are also located on the main floor. Downstairs, you’ll find 3 bedrooms & 3 bathrooms, 2 of which are spacious ensuite bedrooms – 1 with jetted soaking tub & walk-in closet. A large bonus game and recreation room, also downstairs, provides appx 400 SF for entertaining – pool table stays! Ideal space for in-home theater, rec room, or possible ADU opportunity. Situated on a generously sized lot with beautiful tree views & fenced backyard, there is a two-car direct access garage with 2+ car parking deck, and the possibility of some furnishings being included for an easy turn-key mountain getaway. Whether you're looking for a Lake Arrowhead vacation home, weekend escape, investment property, or full-time mountain residence, this property offers an incredible opportunity to enjoy the Lake Arrowhead lifestyle. Since 2022 ownership, the current owner has completed important upgrades: reconstructed parking deck providing level with street parking, improved drainage, new generator & EV charger, LED lighting, new stove top & ovens, new flooring upstairs & down, and fresh paint inside & out. Additional amenities include plowed roads, direct access into home, multiple entry points on both levels, minutes to lake, shopping, dining, schools & golf course.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Allison Banner · Windermere Real Estate
Payment estimate
$5,642
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $76,900 · Loan: $692,100
- Principal & Interest
- $4,252
- Property tax (1.25%)
- $801
- Homeowners insurance
- $300
- Mortgage insurance
- $288
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 $26,915 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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