28992 Banff Dr
Lake Arrowhead, CA, 92352
$599,000
Original list price: $639,000
MLS: IG25147855
Beds
3
Baths
3
Sq Ft
2,384
Lot
0.27 ac
Year Built
1980
MLS #
IG25147855
Days on Market
349
Listed
Jul 2, 2025
Description
Hidden among the trees and just moments from the lake, this 3-bedroom, 3-bath retreat blends architectural character, flexible living space, and the kind of atmosphere that defines Lake Arrowhead living. A covered front porch welcomes you in, while the soaring cathedral-style great room makes an unforgettable impression with its prow-front design, massive windows, and two fireplaces. Multiple living spaces include a lower level suited for recreation, guests, or a second lounge, while a private wine cellar adds a rare and elevated feature. Large decks capture spectacular views and invite effortless outdoor living from morning coffee to evenings under the stars. With Lake Rights, move-in ready comfort, timeless mountain appeal, and room to make it your own, this property offers charm, versatility, and exceptional potential.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: GAILMARIE BRAMLETT · THE GM GROUP
Payment estimate
$4,563
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,415
- Property tax (1.25%)
- $624
- Homeowners insurance
- $300
- Mortgage insurance
- $225
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $20,965 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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