292 N Fairway
Lake Arrowhead, CA, 92352
$798,000
Original list price: $850,000
MLS: IG26112403
Beds
4
Baths
4
Sq Ft
3,482
Lot
0.50 ac
Year Built
2000
MLS #
IG26112403
Days on Market
20
Listed
May 28, 2026
Description
Nestled among towering pines & majestic oaks on a wooded half-acre lot in Lake Arrowhead’s prestigious Summit neighborhood, this custom-built home with coveted LAKE RIGHTS offers the perfect blend of mountain charm, comfort, & versatility. Lovingly maintained by the original owners, the property features spacious interiors, abundant natural light & peaceful forest surroundings. The main level includes an office/study with custom built-in bookshelves, formal dining room, and spacious kitchen with an island, walk-in pantry, abundant cabinetry, & sunny breakfast nook. The living room features a floor-to-ceiling brick wood-burning fireplace and a wall of windows that brings the outdoors in. Sliding glass doors from the living room and kitchen open to an expansive deck perfect for outdoor dining & relaxing among the trees. Upstairs, the spacious loft includes an artist’s studio with a utility sink & built-in cabinetry, plus additional flex space ideal for a game room, fitness area or creative retreat. The lower level hosts the primary suite with deck access, walk-in closet, & ensuite bath with soaking tub & separate shower. Three additional spacious bedrooms, a full bathroom, & laundry room provide comfortable accommodations for family and guests. The fully finished basement has been transformed into a private studio apartment with its own entrance, ideal for guests, multigenerational living, or rental income potential. Features include a fireplace, kitchenette, French-inspired bathroom, surround sound speakers, & sliding glass doors leading to a private outdoor area with peaceful forest views. Currently operating as a successful short-term rental, this versatile space offers excellent income potential. Adjacent to the studio is a woodworking/workshop area with a garage-style door. Additional highlights are a level-entry driveway, attached two-car garage, EV Charger, hardwood floors throughout, solar panel system, and central vacuum system. Located on a very quiet county-maintained road in a convenient commuter location, this exceptional home is situated in the highly sought-after Summit neighborhood, known for its upscale homes on spacious half-acre or more parcels and underground utilities. In springtime, the front yard comes alive with colorful tulips and daffodils. Owned & cherished by one family since its construction, this special mountain retreat offers a rare opportunity in one of Lake Arrowhead’s most desirable neighborhoods.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: ALMA BORCUK · EXP REALTY OF CALIFORNIA INC.
Payment estimate
$5,979
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,800 · Loan: $718,200
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,549
- Property tax (1.25%)
- $831
- Homeowners insurance
- $300
- Mortgage insurance
- $299
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 $27,930 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
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