28989 Palisades
Lake Arrowhead, CA, 92352
$699,000
Original list price: $715,000
MLS: IG26058741
Beds
4
Baths
2
Sq Ft
1,441
Lot
0.16 ac
Year Built
1960
MLS #
IG26058741
Days on Market
145
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
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,329
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,039
- Property tax (1.25%)
- $728
- Homeowners insurance
- $300
- Mortgage insurance
- $262
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 Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
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 $24,465 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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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
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