ActiveSingleFamilyResidence

28906 Palisades Drive

Lake Arrowhead, CA, 92352

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$2,698,000

MLS: IG26069268

Beds

4

Baths

4

Sq Ft

2,120

Lot

0.10 ac

Year Built

1958

MLS #

IG26069268

Days on Market

10

Listed

Apr 1, 2026

Description

Lakefront in the desirable Palisades neighborhood, with lake and mountain views from every room! Just steps to ALA trail. Come experience mountain-lake life in Southern California’s most prestigious four-season, private lake community just 90 minutes from LA and OC. This home has been tastefully updated with an open floor plan featuring updated kitchen with SS appliances that seamlessly connects to dining room on one side and large living room with stone fireplace on the other with direct access to main floor deck. The upper floor offers 3 generous bedrooms including master en-suite with soaking tub and balcony overlooking the lake. The lower level offers a fourth bedroom family/game room and additional bathroom with direct access to lower deck. Home sits right on the ALA trail and is just a short stroll to the ½ dbl dock that is included. Recent updates include roof, windows and doors, interior wood flooring, maple cabinetry, granite counters & SS appliances. Home has parking deck for up to 4 cars, central A/C and is move-in ready. Come start making memories today!

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Brian L. Cohen · ARROWHEAD PREMIER PROPERTIES

Payment estimate

$19,041

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $269,800 · Loan: $2,428,200

%
Principal & Interest
$14,919
Property tax (1.25%)
$2,810
Homeowners insurance
$300
Mortgage insurance
$1,012
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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 $94,430 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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