Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

27844 Greenway Drive

Lake Arrowhead, CA, 92352

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$2,195,000

MLS: IG25209683

Beds

4

Baths

3

Sq Ft

2,395

Lot

0.13 ac

Year Built

1928

MLS #

IG25209683

Days on Market

130

Listed

Sep 10, 2025

Description

Vintage lakefront retreat located in desirable historic neighborhood, just a short stroll to the included dock, water’s edge and local amenities! Sited beneath a canopy of mature Pines, Cedars, and Dogwoods, this beautifully preserved 1928 lakefront cottage blends timeless character with thoughtful updates—offering the ultimate year-round retreat for family and friends. Ideally located in a sought-after historic neighborhood, you're just a short stroll from your own private ½ double dock, the water’s edge, and beloved local amenities. The home’s inviting exterior features classic wood shingle siding and split granite accents, setting the stage for the warmth and charm found inside. Step into the spacious great room, where vaulted beamed ceilings, a striking red-rock fireplace, and panoramic French doors create a cozy yet expansive living area filled with natural light. These doors open to a stunning stone patio, where a seasonal creek meanders by—perfect for enjoying tranquil mornings or lively gatherings. The open layout seamlessly connects the updated kitchen, main living area, and serene outdoor spaces, making entertaining effortless. A cozy bunkroom with an adjacent bathroom and a separate workshop complete the main level. Up a small staircase is a peaceful bedroom with a charming bay window, along with a full bath. The upper level also offers two additional bedrooms—one a bright guest retreat with vaulted ceilings and skylights, the other an oversized primary suite tucked among the treetops. A fully remodeled bath and a flexible bonus room (ideal as an office, nursery, or den) complete the upper floor. This rare lakefront property features level pathways that lead to your private dock with a metal canopy, sitting area, and beach—just across from the iconic Lone Pine Island. In the opposite direction, the trail quickly leads to Burnt Mill Beach Club, a popular local brewery, and nearby resort. Additional highlights include a whole-house Generac generator, central air conditioning, a well-appointed single-car garage, and parking for 4+ vehicles. A true four-season getaway, this property is a rare opportunity to own a piece of lakefront paradise—blending historic charm with modern comfort in one of the mountain’s most cherished settings.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Danielle Rosenthal · Vista Sotheby's International Realty

Payment estimate

$15,547

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $219,500 · Loan: $1,975,500

%
Principal & Interest
$12,138
Property tax (1.25%)
$2,286
Homeowners insurance
$300
Mortgage insurance
$823
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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 $76,825 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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