28989 Palisades
Lake Arrowhead, CA, 92352
$715,000
MLS: IG26058741
Beds
4
Baths
2
Sq Ft
1,441
Lot
0.16 ac
Year Built
1960
MLS #
IG26058741
Days on Market
11
Listed
Mar 20, 2026
Description
Tucked into the trees of Lake Arrowhead, this beautifully reimagined mountain retreat blends modern sophistication with warm, inviting charm—and includes coveted Lake Rights. Thoughtfully updated from top to bottom in 2022, the home offers a seamless balance of style and comfort, making it ideal as a full-time residence, weekend escape, or a continued high-performing short-term rental. Clean architectural lines, abundant natural light, and cozy, curated finishes create a space that feels both elevated and effortlessly livable. Perfectly positioned, the home is a quick drive to the Village and a short *stroll* to the shops in Cedar Glen, Miller's Landing, Mountain Coffee Co and lakeside trails, where golden-hour sunsets become part of your everyday routine. And only a few minutes from Lake Arrowhead Village! Behind the scenes, extensive upgrades provide both peace of mind and modern convenience. The home features a new roof (2022), rain gutters, central air conditioning, a fully upgraded electrical panel with improved wiring, and an EV charger. Nearly every detail has been refreshed, including all new windows, fresh exterior paint, new washer and dryer, updated landscaping, a new water heater, and a newly installed sewer line extending from the house to the street. Adding to its rarity and appeal is a detached two-car garage—an uncommon luxury in Lake Arrowhead—offering ample space for parking, storage, or creative use. With its prime location, strong rental history, and turn-key condition, this property is a standout opportunity to enjoy the very best of mountain living while benefiting from immediate income potential.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Katie Mead · Vista Sotheby's International Realty
Payment estimate
$5,267
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $71,500 · Loan: $643,500
- Principal & Interest
- $3,954
- Property tax (1.25%)
- $745
- Homeowners insurance
- $300
- Mortgage insurance
- $268
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 $25,025 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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