$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
Open on Google Maps ↗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
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.
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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
Only large teams outsell Mike Watson · Keller Williams Realty
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