Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

28641 North Shore Road

Lake Arrowhead, CA, 92352

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$10,000,000

MLS: IG26039219

Beds

14

Baths

12

Sq Ft

7,661

Lot

9.46 ac

Year Built

1935

MLS #

IG26039219

Days on Market

17

Listed

Feb 22, 2026

Description

Welcome to "Happy Landing" - a breathtaking lakefront estate on the tranquil shores of Lake Arrowhead, California. Spanning over 9 lush acres on the picturesque North Shore, this remarkable property is steeped in history and offers a harmonious blend of natural beauty and timeless elegance. Originally developed 91 years ago by the Doheny family, it has served as a treasured mountain retreat from the hustle and bustle of Los Angeles. Tucked away amidst a forest of towering pine, cedar, and oak trees, "Happy Landing" is a sanctuary of serenity and seclusion. The main house, designed with graceful architecture, showcases exquisite craftsmanship with original woodwork, detailed paneling, and charming built-ins. Enter through the enchanting turreted foyer into a formal living room boasting high-beamed ceilings and an antique wood-burning fireplace. The main house features two spacious family bedroom suites and a whimsical children's bunk room. In addition to the main house, the estate includes two separate self-contained guest residences, each strategically located near the entrance for both privacy and convenient access to the entire compound. These charming guest houses are ideal for visitors or extended family, providing comfort and independence. A highlight of this exceptional property is the exclusive Boat House, an architectural gem along the shoreline. Constructed in 1935, this unique structure stands as a rare treasure, with no other Boat House like it since its creation. The Boat House features three inviting bedrooms, dual changing bathrooms, expansive patios, a volleyball court, a sports courts boat ramp, and two boat docks, making it the perfect venue for lakeside gatherings and aquatic adventures. With its expansive grounds, historical charm, and unparalleled lakefront amenities, "Happy Landing" is a rare opportunity to own a piece of Lake Arrowhead's history while indulging in the peace and tranquility that the area is renowned for. Don't miss the chance to experience this extraordinary property, where timeless elegance and natural beauty converge to create an idyllic retreat.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Steven Keefe · COLDWELL BANKER SKY RIDGE REALTY

Payment estimate

$69,764

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,000,000 · Loan: $9,000,000

%
Principal & Interest
$55,298
Property tax (1.25%)
$10,417
Homeowners insurance
$300
Mortgage insurance
$3,750
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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 $350,000 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.

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

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