27547 ALPEN
Lake Arrowhead, CA, 92352
$699,900
MLS: OC26228892
Beds
3
Baths
3
Sq Ft
2,838
Lot
0.37 ac
Year Built
1964
MLS #
OC26228892
Days on Market
1
Listed
Oct 22, 2026
Description
***FEDERAL BANKRUPTCY COURT SALE - NO BANK INVOLVED - APPROXIMATELY 60-DAYS FROM DEPOSIT TO CLOSE ESCROW***Welcome to 27547 Alpen Drive, a classic Lake Arrowhead mountain retreat offering panoramic lake and mountain views and full lake rights! This distinctive tri-level home features approximately 2,838 square feet of living space on a spacious 0.37-acre lot in the desirable Arrowhead Woods area. The main residence offers two ensuite bedrooms, a primary suite with a jetted tub overlooking the lake, a versatile den that can serve as a third bedroom, a full guest bathroom, and a cozy loft with built-in sleeping space. The well-equipped kitchen, inviting living areas, and two expansive lake-view balconies create the perfect setting for relaxing or entertaining while enjoying the mountain scenery. An additional lower-level unit features a private entrance, one bedroom, one bathroom, a full kitchen, and its own lake-view deck, offering flexible accommodations for guests or potential rental income. Separate meters and water heaters provide added convenience for the two living spaces. The generous, usable lot offers exciting possibilities for additional parking or future improvements, subject to applicable approvals. Whether you're seeking a full-time mountain residence, a weekend getaway, or an investment opportunity, this Lake Arrowhead property combines scenic views, flexible living arrangements, and coveted lake rights in a beautiful mountain setting.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Jennifer Toyama · Berkshire Hathaway HomeService
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
$5,619
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,990 · Loan: $629,910
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,327
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $262
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $24,497 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
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