551 community Drive
Lake Arrowhead, CA, 92352
$375,000
MLS: IV26033251
Beds
2
Baths
2
Sq Ft
1,400
Lot
0.07 ac
Year Built
1983
MLS #
IV26033251
Days on Market
41
Listed
Mar 8, 2026
Description
Charming split-level mountain retreat located in the desirable Arrowhead Villas community! This well-designed home offers comfortable living with multiple levels of space. The upper level features two bedrooms and one full bathroom, while down a few steps, the mid-level serves as the main living area with a kitchen open to the dining area and family room. A cozy fireplace anchors the living space, and a deck overlooking a peaceful creek provides the perfect setting to relax and enjoy the mountain surroundings. The lower level includes a spacious game room, laundry area, and an additional bathroom, offering flexible space for entertainment or guests. A separate build-up storage area provides plenty of room for seasonal items and outdoor gear. Additional highlights include great parking and a Generac generator for backup power in some parts of the home. Located within Arrowhead Villas, a nonprofit mutual services company providing water, trash service, and street snow plowing, adding convenience to mountain living. A wonderful opportunity to enjoy the beauty and lifestyle of Lake Arrowhead!
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: TONY BREWER · RE/MAX ONE
Payment estimate
$2,905
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $37,500 · Loan: $337,500
- Principal & Interest
- $2,074
- Property tax (1.25%)
- $391
- Homeowners insurance
- $300
- Mortgage insurance
- $141
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 $13,125 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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