27721 Peninsula Drive 228
Lake Arrowhead, CA, 92352
$1,400,000
MLS: 26836305
Beds
5
Baths
4
Sq Ft
2,522
Lot
0.03 ac
Year Built
1979
MLS #
26836305
Days on Market
91
Listed
May 19, 2026
Description
Unique free standing townhome and dock offering! Nestled within the coveted enclave of Meadow Bay North, Meadow Bay Townhome Unit 228 offers a rare blend of luxury, privacy, and effortless lakeside living. A special residence in the complex with no shared walls, this beautifully remodeled retreat lives more like a private mountain home, surrounded by mature foliage and peaceful lake views. Completely reimagined from top to bottom, the home showcases exceptional craftsmanship with custom millwork, high-end finishes, and a serene lake-inspired aesthetic throughout. Vaulted beamed ceilings create a dramatic sense of space, while expansive windows invite in natural light and glimpses of Lake Arrowhead. The thoughtfully designed floor plan features five spacious bedrooms and four fully remodeled bathrooms, offering comfort and flexibility for both family living and entertaining.The entire top level is dedicated to the stunning primary ensuite, creating a true private sanctuary with beautiful lake views and a peaceful, elevated setting. The main living areas flow seamlessly into a warm and inviting great room with a stone clad fireplace and warm wood paneling, opening to a charming patio nestled among the treesperfect for enjoying crisp mountain mornings or relaxing evenings after a day on the water. The beautifully appointed chef's kitchen blends timeless design with elevated functionality, making the heart of the home equally stylish and welcoming. A standout feature of the property is the private guest unit located downstairs with its own separate entrance. Ideal for guests, extended family, or multi-generational living, this fully equipped space includes a full kitchen, bedroom, bathroom, living room with fireplace, and its own laundry area, creating a true independent retreat. Just a short stroll down the path leads to Meadow Bay's private beach and the included dock at Condo 1 Slip 2, making lake access effortless and convenient. Whether spending summer days on the water or enjoying the tranquility of the mountains year-round, this exceptional property embodies lakeside living at its finest.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Danielle Rosenthal · Vista Sotheby's International Realty
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
$11,108
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $140,000 · Loan: $1,260,000
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,105
- Property tax (1.25%)
- $1,458
- Homeowners insurance
- $300
- Mortgage insurance
- $525
- HOA dues
- $719
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 Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 $49,000 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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