28879 Sycamore
Lake Arrowhead, CA, 92385
$5,800,000
MLS: IG25126891
Beds
5
Baths
2
Sq Ft
2,250
Lot
2.36 ac
Year Built
1952
MLS #
IG25126891
Days on Market
5
Listed
Aug 5, 2025
Description
Over 44 Acres of Prime Land in Magical Sky Forest Nestled among the trees is a rustic cabin featuring five bedrooms and two bathrooms, adding charm and potential utility to the property. Water rights are included, enhancing its development appeal. The parcel borders Sycamore Road, Green Briar, and stretches toward Cumberland Road, and is adjacent to SkyPark at Santa’s Village. With a location this unique and accessible, the possibilities are as vast as the forest itself. A Rare Opportunity to own over 44 acres of pristine mountain land in the heart of Sky Forest, ideally situated just off Highway 18 for convenient access. Surrounded by a variety of trees and breathtaking natural beauty, this expansive property offers incredible potential to build something truly special in a magical setting. Whether you're seeking a private mountain retreat or looking to develop a unique project, this property offers the perfect blend of seclusion and accessibility. Formerly known as the Wylie Woods Retreat and once home to the Old Presbyterian Church Conference Center, the land holds a rich history. Although the hotel and lodge structures were destroyed in the Old Fire (per seller), the opportunity to reimagine this space is wide open. The land includes three parcels totaling over 44 acres, with frontage along Highway 18. It’s also accessible via Sycamore Drive through the recognizable 'Wonderland' gate. Come explore Sky Forest and envision what you could create in this one-of-a-kind setting. The cabin is one of the parcels (2.36 acres) and the other 2 parcels are commercial/vacant land. Per seller, it has mineral rights and logging rights.
Location
Lake Arrowhead, San Bernardino County, CA 92385
Open on Google Maps ↗Listed by: Angela Yap · RE/MAX LAKESIDE
Payment estimate
$40,589
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $580,000 · Loan: $5,220,000
- Principal & Interest
- $32,073
- Property tax (1.25%)
- $6,042
- Homeowners insurance
- $300
- Mortgage insurance
- $2,175
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 $203,000 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.
★#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.