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ActiveTriplex

27874 Matterhorn Drive

Lake Arrowhead, CA, 92352

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$674,000

Original list price: $755,000

MLS: IG25261547

Beds

4

Baths

4

Sq Ft

2,448

Lot

0.23 ac

Year Built

1966

MLS #

IG25261547

Days on Market

258

Listed

Nov 18, 2025

Description

Welcome to 27874 Matterhorn Drive in beautiful Lake Arrowhead—a property brimming with possibilities. Whether you’re dreaming of a mountain retreat, seeking an investment opportunity, or both, this versatile A-frame home offers three potential income streams and the coveted Lake Rights of Arrowhead Woods. The main house features a spacious two-car garage and a private back deck surrounded by towering pines. Inside are three bedrooms plus a loft office, 1.5 baths. An extra-large driveway leads to the garage and can accommodate three to four additional vehicles on the driveway. In addition to the main residence, the property includes a separate one-bedroom apartment complete with its own kitchen, bath, living room, and laundry. A detached studio apartment is also located beneath the garage, featuring its own kitchen, bath, and laundry—perfect for an office, guest space, or another rental unit. With multiple parking areas, including a private driveway that fits up to three more cars, this home offers convenience for both residents and guests. Located in a sun-filled neighborhood and just minutes from Tavern Bay, this property blends comfort, flexibility, and income potential in one exceptional package. **NOTE: Please read photo caption. More photos will be available**

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Angela Cheng Yap · RE/MAX LAKESIDE

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

$5,153

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $67,400 · Loan: $606,600

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,898
Property tax (1.25%)
$702
Homeowners insurance
$300
Mortgage insurance
$253
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

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 $23,590 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.

Similar Homes Nearby

Active and pending listings in ZIP 92352 (Lake Arrowhead)within ±10% of this home's price and size.

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

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.