318 Old Toll Road
Lake Arrowhead, CA, 92352
$638,000
Original list price: $639,000
MLS: OC26116655
Beds
3
Baths
3
Sq Ft
1,575
Lot
0.22 ac
Year Built
1991
MLS #
OC26116655
Days on Market
14
Listed
Jun 3, 2026
Description
Welcome to your ideal mountain escape with Lake Rights Property! Nestled in the serene, tree-lined canopy of Lake Arrowhead, this charming 1991-built, mountain home offers the perfect blend of alpine comfort and modern convenience. Featuring 3 spacious bedrooms and 2.5 bathrooms across a well-designed floor plan, the home welcomes you with an open, airy living space anchored by a cozy fireplace, which is perfect for those chilly mountain evenings. Large windows throughout invite natural light and frame beautiful, scenic tree top views. The main level seamlessly connects the living area, kitchen, and dining, making it ideal for entertaining family and guests. Retreat upstairs to the peaceful bedrooms, including a generous primary suite. Situated on an expansive 9,591 sq. ft. lot, there is plenty of outdoor space to enjoy the crisp mountain air and local wildlife. Complete with a rare and highly desirable 2-car parking space to keep your vehicles. Located in the coveted Arrowhead Woods community, you are just a short drive from Lake Arrowhead Village, dining, shopping, and outdoor recreation. The property includes Lake Rights. Whether you are looking for a full-time residence or a peaceful weekend getaway, this mountain gem is ready for its next.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Ravindra Gandhe · Balboa Real Estate, Inc
Payment estimate
$4,841
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $63,800 · Loan: $574,200
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,637
- Property tax (1.25%)
- $665
- Homeowners insurance
- $300
- Mortgage insurance
- $239
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 $22,330 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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