Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

388 Heliotrope

Lake Arrowhead, CA, 92352

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$639,000

MLS: IG25263463

Beds

2

Baths

2

Sq Ft

1,204

Lot

0.11 ac

Year Built

1940

MLS #

IG25263463

Days on Market

150

Listed

Nov 19, 2025

Description

Rich with nostalgia, this home offers vintage warmth, sunlit rooms and a generous gathering of towering cedars. A rare opportunity with level entry and room to wander — and just a short stroll to the lake trail and nearby antique shops, dining and necessities. A granite wood-burning fireplace provides warmth and charm under the rough-sawn beamed ceiling of the spacious main living area. The kitchen is a classic treasure with modern conveniences, ample space and the original maple countertop. The kitchen window, back deck and an upstairs window offer a peak of the lake which shimmers in the dusk of daylight. Large bedrooms lend themselves to the spacious and open feel as the paned windows bring in sunlight and give a nod to the well-preserved vintage charm. A spacious yard under cedars offers room to enjoy the mountain nature and a basement workshop provides room to store lake toys and to tinker on projects. A true Palisades treasure — timeless, vintage, and ready for its next chapter.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Chrissy Hammer · COLDWELL BANKER SKY RIDGE REALTY

Payment estimate

$4,739

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $63,900 · Loan: $575,100

%
Principal & Interest
$3,534
Property tax (1.25%)
$666
Homeowners insurance
$300
Mortgage insurance
$240
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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 $22,365 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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