Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

28537 North Shore

Lake Arrowhead, CA, 92352

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$2,350,000

MLS: IG26036328

Beds

4

Baths

5

Sq Ft

4,135

Lot

0.56 ac

Year Built

2001

MLS #

IG26036328

Days on Market

40

Listed

Feb 20, 2026

Description

Located in the highly desirable Tavern Bay area just off North Shore, this Lake Arrowhead property offers an exceptional combination of location, usable land, and full lake lifestyle. The property includes lake rights, backs to exclusive Shelter Cove, and is not located within an HOA. Short term rentals are allowed, offering flexibility for personal use or investment. Set on an expansive, park like lot, a true rarity in the mountains, the outdoor space is designed for year round enjoyment. Daffodils and lilies bloom seasonally, followed by strawberries, raspberries, and apples, offering the simple pleasure of picking fresh fruit right from your own backyard. Ideal for entertaining, the grounds feature a sunken stone fireplace, waterfall feature, horseshoe pit and bocce ball court, dog run, play structure, and a private sunken jacuzzi off the primary suite. A laundry chute near the hot tub keeps wet towels contained after lake days or snowy afternoons. Multiple gathering areas create inviting spaces to relax and unwind. Tavern Bay is just a short ten minute walk away, offering easy access to the lake and surrounding recreation. Inside, high ceilings and open living spaces provide a functional layout for everyday living and entertaining. The main level includes the primary suite and an additional bedroom. The primary bath features heated floors, and the two lower bedrooms also offer heated floors for added comfort. The lower level includes a spacious family and game room for guests. A large attic offers additional potential for a playroom, bunk room, or creative studio. Additional highlights include level access to the main living level, air conditioning, automatic generator, and a two car garage. A rare opportunity to own space, flexibility, and lake rights in one of Lake Arrowhead’s most sought after neighborhoods.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Christine Williams · KELLER WILLIAMS LAKE ARROWHEAD

Payment estimate

$16,624

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $235,000 · Loan: $2,115,000

%
Principal & Interest
$12,995
Property tax (1.25%)
$2,448
Homeowners insurance
$300
Mortgage insurance
$881
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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 $82,250 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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