292 Ponderosa Peak Road
Lake Arrowhead, CA, 92352
$2,650,000
MLS: IG26001218
Beds
4
Baths
5
Sq Ft
4,747
Lot
0.31 ac
Year Built
2023
MLS #
IG26001218
Days on Market
35
Listed
Jan 3, 2026
Description
Welcome to your Aspen inspired mountain contemporary residence in Mill Pond, a prestigious gated community in Lake Arrowhead. Imagine waking up each day in this recently built residence, perched at the top of a quiet, private cul-de-sac offering privacy, level entry, and a rare two car garage. Offering panoramic 360 degree views, this one of a kind setting captures sweeping lake vistas, snow capped mountains, mature trees, and dramatic ridgelines rarely found in Lake Arrowhead. The architecture blends refined mountain modern design with natural materials including stone, wood, stucco, and Hardie board siding, creating a timeless yet contemporary presence. The property includes a detached casita ADU with its own kitchenette, bedroom, and bathroom. The ADU has an active short term rental permit and has been a successful income producing rental, ideal for guests or additional income. The main level is designed as an open concept entertainment space connecting the kitchen, dining, and living areas. Expansive sliding glass doors open to large decks with panoramic lake views, creating effortless indoor outdoor living. A sleek fireplace anchors the living room. A two person elevator provides easy access between levels or can function as a dumbwaiter. The upper level features the primary suite with fireplace, private deck, spa inspired bath with soaking tub and view window, plus laundry and office space. The lower level offers a second living area with fireplace, a third expansive deck, two ensuite bedrooms, and a spacious game room. Mill Pond offers a refined mountain lifestyle within a secure gated setting, close to hiking, dining, village amenities, and lake rights. This home delivers modern mountain architecture, panoramic views, and built in income potential in one of Lake Arrowhead’s most desirable communities.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Christine Williams · KELLER WILLIAMS LAKE ARROWHEAD
Payment estimate
$18,708
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $265,000 · Loan: $2,385,000
- Principal & Interest
- $14,654
- Property tax (1.25%)
- $2,760
- Homeowners insurance
- $300
- Mortgage insurance
- $994
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 $92,750 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.
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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