Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveTownhouse

27821 Peninsula Drive 328

Lake Arrowhead, CA, 92352

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$629,000

MLS: IG25238164

Beds

3

Baths

2

Sq Ft

1,245

Lot

0.02 ac

Year Built

1972

MLS #

IG25238164

Days on Market

170

Listed

Oct 13, 2025

Description

An Incredible Offering in the Ever-Desirable Meadow Bay North! This one earns the User’s Choice Award for floor plan, functionality, and outdoor living. Step inside and you’ll find an inviting open layout that flows seamlessly onto a spacious entertaining deck—perfect for gatherings or quiet mornings with coffee in the pines. A bedroom on the main level offers convenience for guests, while a split-level second bedroom provides privacy and flexibility. At the top, the primary suite feels like a true retreat, complete with its own private deck overlooking the trees. This unit enjoys one of the community’s most convenient placements, with easy parking and effortless access to one of Lake Arrowhead’s largest private beaches. Meadow Bay North is known for its charming, meandering, and well-lit walking paths—ideal for peaceful lakeside strolls—and its quiet, one-way interior road. Ample year-round parking adds ease for owners and guests alike. The community beach shines well into the golden hours of late afternoon and early evening, perched on one of the most coveted points Lake Arrowhead has to offer. This setting alone creates a sense of investment security—and with the optional private boat slip purchase, it’s like adding the perfect bow on the highly anticipated gift of Lake Arrowhead living.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Chrissy Hammer · COLDWELL BANKER SKY RIDGE REALTY

Payment estimate

$4,669

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $62,900 · Loan: $566,100

%
Principal & Interest
$3,478
Property tax (1.25%)
$655
Homeowners insurance
$300
Mortgage insurance
$236
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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 $22,015 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.

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