ActiveSingleFamilyResidence

329 Summit Road

Lake Arrowhead, CA, 92352

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$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

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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
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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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