329 Summit Road
Lake Arrowhead, CA, 92352
$1,188,000
MLS: IG25270154
Beds
3
Baths
3
Sq Ft
2,065
Lot
0.12 ac
Year Built
1947
MLS #
IG25270154
Days on Market
1
Listed
Dec 6, 2025
Description
This home is an original "Old Arrowhead Charmer, vintage 1947, with a breathtaking Lake-View! And, it's very rare to find a "charmer" with so much of the original vintage character preserved, throughout. Yet, there are upgrades & creature comforts combined with a true classic look to make your life a breeze. Featuring a trex deck with long distance lake views. It's the perfect place for gathering with friends and family. The main house offers three bedrooms and two updated full baths with a large living room with wood-burning rock fireplace, updated kitchen, & separate laundry. Then, there's an absolutely fabulous large downstairs studio unit with and updated kitchen and full bath. And, the unit has it's own separate entrance with French doors and a patio. The entire estate is offered nearly turn-key furnished. Located on a cozy & quiet "no-through traffic" street and just up the street from the Lake Arrowhead Village, the lake & one of the three private beach clubs. This property currently has a STR permit that eases the permit process for the new owner.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: SueEllen Knapp · KELLER WILLIAMS REALTY
Payment estimate
$8,552
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $118,800 · Loan: $1,069,200
- Principal & Interest
- $6,569
- Property tax (1.25%)
- $1,238
- Homeowners insurance
- $300
- Mortgage insurance
- $446
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 $41,580 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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