Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Active

365 Mittry Lane

Lake Arrowhead, CA, 92352

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$5,950,000

MLS: 23331531

Beds

10

Baths

7

Sq Ft

11,400

Lot

37.02 ac

Year Built

1967

MLS #

23331531

Days on Market

742

Listed

Nov 13, 2023

Description

EVENT FACILITY NOW COMPLETED!! Endless possibilities as a family compound, corporate retreat, religious camp, or get creative with your own plan on this unique 37 acre property. Beautifully remodeled Ponderosa Lodge with 4 sleeping rooms accommodates up to 13 people, the Sugar Pine Cabin with original log structure sleeps 9, a 2 bedroom caretakers house, micro cabins and a newly constructed and nearly completed "barn" of 3200sf on each floor (40'x80') with potential for meeting/banquet hall, indoors sports court, car/boat storage, or other. This is a true getaway property just 90 minutes from LA/OC in very close proximity to The Village. Gorgeous lake views all over the expansive acreage. All utilities run through the property with significant opportunities to expand. There is also a 200 person amphitheatre overlooking the lake providing an unmatched atmosphere for ceremonies. There are 6 parcels with a mix of residential zoning and a commercial zoned property off State Hwy 173. Buyer to make its own determination if Zoning is appropriate for its intended Use or Improvement of properties. PROPERTY HAS LAKE RIGHTS!!

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Gregory Sullivan · CB Richard Ellis, Inc.

Payment estimate

$41,631

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $595,000 · Loan: $5,355,000

%
Principal & Interest
$32,902
Property tax (1.25%)
$6,198
Homeowners insurance
$300
Mortgage insurance
$2,231
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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 $208,250 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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