292 Heliotrope Drive
Lake Arrowhead, CA, 92352
$650,000
MLS: IG25150556
Beds
4
Baths
3
Sq Ft
1,294
Lot
0.15 ac
Year Built
1956
MLS #
IG25150556
Days on Market
254
Listed
Jul 5, 2025
Description
Walk to the lake, shopping and dining from this cozy cottage with lake rights in the desirable Palisades area. It is situated on a level corner lot with a rear backyard, separate apartment, front party deck and lots of beautiful trees for summer shade. This well maintained gem of a retreat has 3 bedrooms, 2 baths in the main house, one being a primary bedroom and bath. Some of the qualities of the home are: double-pane windows, ceiling fans, wood floors and carpet, 4 car tandem garage with lots of storage and work area, newer roof, newer Pex plumbing, separate apartment, storage shed in the back of the property, lots of built-in storage cabinets, insert wood fireplace for curling up by the fire on cool winter nights, all house fan in the main house, newly remodeled bathrooms, walk-in showers and so much more. The attached apartment (to the garage) was built approximately in 1970 but has been remodeled a few years ago, open space with it's own split pump air & heat, on demand water heater, refrigerator, ceiling fan, barn closet doors and excellent storgage. This home is the definition of a mountain lifestyle.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Cynthia Raymond · Century 21 Sun Lakes Realty
Payment estimate
$4,815
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
- Principal & Interest
- $3,594
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
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 $22,750 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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