401 Grass Valley
Lake Arrowhead, CA, 92352
$450,000
MLS: IG26213268
Beds
3
Baths
2
Sq Ft
1,300
Lot
0.22 ac
Year Built
1979
MLS #
IG26213268
Days on Market
20
Listed
Sep 30, 2026
Description
There is something special about a classic Lake Arrowhead mountain home, and this one has all the character you hope to find. Recently renovated including newer deck, exterior paint of of whole house including staircase and deck, installed upstairs flooring, doors and trim throughout the house and completion of the lower laundry room. This house is truly move in ready. Soaring wood-beamed ceilings, a dramatic wall of windows, warm wood accents and a floor-to-ceiling stone fireplace create a true mountain atmosphere. The open-concept living and dining area offers plenty of room to gather, with sliding doors open directly to the sunny deck for easy indoor-outdoor living among the trees. The kitchen connects easily to the main living space, while the primary bedroom and a full bathroom are conveniently located on the main level. Upstairs, two additional bedrooms and a second full bathroom provide comfortable space for family and guests. Don't miss the view from the charming upstairs landing too! Air conditioning though out and a whole house heat extractor fan too keep you cool on hot days! Outside, a large, usable lot offers multiple outdoor living spaces, from the deck to tucked-away sitting areas beneath the trees. Multiple driveways provide parking for six or more cars, an especially valuable feature in the mountains. Conveniently located near the Lake Arrowhead Country Club, the lake, shopping and Highway 18, this home brings together classic mountain character with the practical features that make both full-time and weekend living easy. LAKE RIGHTS complete the package.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Paula Crate · COLDWELL BANKER SKY RIDGE REALTY
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,742
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $45,000 · Loan: $405,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,804
- Property tax (1.25%)
- $469
- Homeowners insurance
- $300
- Mortgage insurance
- $169
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $15,750 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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