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ActiveSingleFamilyResidence

499 Bel Air Drive

Lake Arrowhead, CA, 92352

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$700,000

MLS: IG26182737

Beds

4

Baths

3

Sq Ft

2,664

Lot

0.20 ac

Year Built

1991

MLS #

IG26182737

Days on Market

54

Listed

Aug 29, 2026

Description

*Prime location near Lake Arrowhead Golf Course * Lake Rights * Flat backyard * Street-level entry * Two-car garage * Hardwood flooring * Two fireplaces * Balconies * High ceilings * Oversized loft * Full-time living or Vacation home* Built in 1991, this 4-bedroom, 2.5-bath mountain home offers three levels of living space and an exceptional opportunity for buyers looking to renovate, update, and create their own Lake Arrowhead retreat. The home is largely original and needs significant updating, but offers desirable features including real oak hardwood flooring, copper plumbing, recessed lighting, two fireplaces, multiple balconies, and a two-car garage. The bright living room features high ceilings and a cozy fireplace, while the main level includes a dining area, spacious kitchen, comfortable den with a second fireplace, bonus room, powder room, and balcony overlooking the expansive, flat backyard. Upstairs, a dramatic oversized loft with pitched ceilings overlooks the living area below. The primary suite features a private balcony, double sinks, soaking tub, and separate shower. The lower level offers three additional bedrooms, a full bathroom, dedicated laundry room, and access to another balcony from two of the bedrooms. Easy street-level entry with no steep access road, direct interior access from the two-car garage, and additional off-street parking add to the home's everyday convenience. Located just a short drive from Lake Arrowhead Village, shopping, dining, recreation, and the lake. With Lake Rights, a generous floor plan, desirable golf course-area location, and plenty of potential, this is an ideal opportunity to update and personalize a mountain home for full-time living or a weekend retreat.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: GARY DOSS · COMPASS

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

$5,619

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $630,000

%

Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,328
Property tax (1.25%)
$729
Homeowners insurance
$300
Mortgage insurance
$263
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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 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 $24,500 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.