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
418
Listed
Jul 2, 2025
Description
ICONIC LAKE ARROWHEAD A-FRAME WITH CHARACTER, LAKE RIGHTS, AND SERIOUS POTENTIAL! Wrapped in towering pines and rich with mountain charm, this vintage retreat blends timeless architectural design with the Lake Arrowhead lifestyle buyers are searching for. The flat-faced prow, bold roofline, and redwood fencing create striking curb appeal, while Lake Rights, rare level entry, private lake access, and a strong short-term rental history make this an exciting opportunity for personal enjoyment, investment potential, or your own mountain escape. Inside, soaring wood-beam ceilings, dramatic triangular windows, and a classic stone fireplace set the tone for an unforgettable mountain experience. The open dining area connects to the kitchen with open shelving and warm wood accents, while the spacious loft-style game room adds flexible living space for entertaining, relaxing, or hosting guests. Updated bathrooms bring in fresh modern touches while still preserving the home’s rustic charm, and central A/C adds year-round comfort. Step outside to a peaceful deck positioned among mature trees, where you can take in the serene wooded surroundings, seasonal creek, and crisp alpine air. Whether it’s morning coffee, summer evenings, or quiet nights under the stars, this setting delivers true mountain magic. With iconic design, Lake Rights, private lake access, rental history, and room to make it your own, this is a rare Lake Arrowhead A-frame with personality, charm, and opportunity.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: GAILMARIE BRAMLETT · THE GM GROUP
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
$4,609
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,461
- 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 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 $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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