28772 Cedar Drive
Lake Arrowhead, CA, 92352
(No pictures available yet)
$829,000
MLS: 219147872DA
Beds
4
Baths
3
Sq Ft
1,500
Lot
0.11 ac
Year Built
1930
MLS #
219147872DA
Days on Market
0
Listed
May 13, 2026
Description
Experience the extraordinary charm of this iconic vintage Lake Arrowhead cabin, Located in the desirable Palisades neighborhood just one block from the lake. Steeped in local lore--rumored to have been owned by James Cagney and overlooking Charlie Chaplin's former cottage--this home captures the spirit of 1930s Hollywood mountain retreats. Surrounded by lilacs, dogwoods, cedars, pines, and maples, and adorned entirely in wood and stone, The private entry deck sets the tone for the charm within. The dramatic living room features soaring beamed ceilings, a stunning split granite fireplace, and abundant natural light, all enhanced by preserved vintage details. The adjoining kitchen blends nostalgic appeal with functionality, showcasing a classic O'Keefe & Merritt range, 1930's touches charm, and a cozy dining nook with filtered lake views, plus access to an additional entertainment deck. The floor plan offers a main-level bedroom and bath, a private lower-level suite with its own entrance, sitting area, and laundry, and upper-level sleeping spaces with peeks of the lake--ideal for hosting family and guests. The landscaped yard and outdoor decks create the perfect setting for entertaining or relaxing under the trees. Updated with modern comforts--including dual-pane windows, upgraded heating, mini-split and more--this home preserves its timeless character while offering today's convenience. With seasonal lake views from multiple levels, easy walk to the lake, and proven vacation rental potential, this is a your opportunity to own a true piece of Lake Arrowhead history.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: James Newcomb · Windermere Real Estate
Payment estimate
$6,127
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $82,900 · Loan: $746,100
- Principal & Interest
- $4,652
- Property tax (1.25%)
- $864
- Homeowners insurance
- $300
- Mortgage insurance
- $311
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 May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
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 $29,015 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.
$750,000
256 N Fairway
Lake Arrowhead, 92352
(No photos yet)
$750,000
863 Nadelhorn Drive
Lake Arrowhead, 92352
$779,000
209 Massive
Lake Arrowhead, 92352
(No photos yet)
$799,000
691 Brentwood
Lake Arrowhead, 92352
$799,000
238 Bluebell
Lake Arrowhead, 92352
$849,000
419 Hemlock Drive
Lake Arrowhead, 92352
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.