466 S Ca-173
Lake Arrowhead, CA, 92352
$635,000
MLS: OC26209255
Beds
4
Baths
3
Sq Ft
2,069
Lot
0.15 ac
Year Built
1977
MLS #
OC26209255
Days on Market
28
Listed
Sep 25, 2026
Description
LAKE RIGHTS + WALK TO THE VILLAGE & THE LAKE + POTENTIAL AIRBNB OPPORTUNITY! What truly sets this property apart is its private lower level. Live in the main home while potentially renting the lower level to Airbnb guests. With its own entrance, full kitchen, living and dining areas, bedroom, full bathroom, and indoor laundry, this separate living space offers exceptional flexibility for Airbnb income, guests, extended family, and multigenerational living. Set among towering pines near the lake and within walking distance of Lake Arrowhead Village, this unique 4-bedroom, 2.5-bath home combines classic mountain charm with a highly versatile floor plan, easy access with only 2 steps to the main level, and generous private flat parking for multiple cars. Both levels have their own indoor laundry, adding everyday convenience to this versatile floor plan. A broad, level front area provides additional usable outdoor space and flexibility. Inside, fresh interior paint and new flooring throughout give the home a clean, refreshed feel while preserving its warm mountain character. The main residence features three bedrooms, 1.5 bathrooms, inviting gathering spaces, and a kitchen with new stainless-steel appliances. Step outside to an expansive Trex deck spanning the length of the home, creating a wonderful extension of the living space made for morning coffee, unwinding at the end of the day, lounging outdoors, or entertaining family and friends. Recent improvements include a new 50-gallon water heater, a new water service line from the meter to the home, and replacement of the hot and cold water supply lines beneath the home with PEX. The completed plumbing work includes a transferable 10-year warranty, offering added peace of mind for the next owner. Whether you're seeking a full-time residence, weekend retreat, or a home that offers the potential for additional income, this property combines space, easy access, plentiful parking, lake rights, inviting outdoor living, and walkable proximity to Lake Arrowhead Village. Come discover a mountain home with a rare combination of flexibility, privacy, and potential.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Olga Buendia · Keller Williams 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
$5,125
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $63,500 · Loan: $571,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,926
- Property tax (1.25%)
- $661
- Homeowners insurance
- $300
- Mortgage insurance
- $238
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 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $22,225 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.
Similar Homes Nearby
Active and pending listings in ZIP 92352 (Lake Arrowhead)within ±10% of this home's price and size.
$575,000
180 Grass Valley Road 33
Lake Arrowhead, 92352
$579,500
1468 Golden Rule Lane
Lake Arrowhead, 92352
$580,000
27528 Ashwood Lane
Lake Arrowhead, 92352
$599,000
28248 Arbon Lane
Lake Arrowhead, 92352
$599,000
1255 Aleutian Drive
Lake Arrowhead, 92352
$599,000
1541 Krause Lane
Lake Arrowhead, 92352
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.