514 Emerald Drive
Lake Arrowhead, CA, 92352
$995,000
MLS: RW24156857
Beds
3
Baths
2
Sq Ft
1,776
Lot
0.12 ac
Year Built
1959
MLS #
RW24156857
Days on Market
519
Listed
Jul 31, 2024
Description
LAKEVIEW GEM Just a 2-minute walk from this Lakeview home brings you to the serene lake, perfect for enjoying lake life. This charming property features 3 bedrooms, 2 baths, a cozy living room with a fireplace, and an expansive deck ideal for outdoor BBQs and gatherings. The newly installed AC keeps you cool during hot summer days, while the hot tub is perfect for chilly nights. Relish in the breathtaking sunset views from the deck, living room, and kitchen. Designed & remodeled by The Elevated Nest, this STR-approved home boasts a successful short-term rental history over the last 18 months. This must-see property, only 3 houses away from the lake, is ready to be your next dream home! Note: The listing agent has 2 docks for sale within walking distance from the property.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Angela Cheng Yap · RE/MAX LAKESIDE
Payment estimate
$7,212
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,500 · Loan: $895,500
- Principal & Interest
- $5,502
- Property tax (1.25%)
- $1,036
- Homeowners insurance
- $300
- Mortgage insurance
- $373
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 $34,825 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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