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ActiveSingleFamilyResidence

582 Grass Valley Court

Lake Arrowhead, CA, 92352

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$495,000

MLS: IG26229435

Beds

3

Baths

2

Sq Ft

1,844

Lot

0.25 ac

Year Built

1977

MLS #

IG26229435

Days on Market

8

Listed

Oct 22, 2026

Description

Exceptional Value in Lake Arrowhead with Lake Rights & Mountain Charm! Discover an inviting mountain retreat tucked away on a peaceful cul-de-sac near Grass Valley Lake. Offering 3 bedrooms and 2 bathrooms, this home blends rustic character, thoughtful updates, and beautiful forest surroundings, creating an appealing opportunity for a full-time residence or weekend escape. The lower level welcomes you with a cozy living room anchored by a brick fireplace with an insert, creating a warm gathering space after a day in the mountains. Two spacious bedrooms, a full bathroom, and a convenient laundry/mudroom provide comfort and functionality for family and guests. Upstairs, vaulted wood ceilings and a striking stone fireplace bring warmth and character to the open living area. The kitchen and dining space flow naturally into the living room, creating an inviting setting for entertaining, sharing meals, or relaxing among the trees. The primary bedroom and bathroom complete this upper-level retreat. Thoughtful improvements include a newer roof, newer carpeting, updated bathroom flooring, and newer windows. Expansive wraparound decks extend the living space outdoors, offering room for morning coffee, outdoor dining, entertaining, or simply enjoying the peaceful forest setting. An additional build-up area provides valuable storage for seasonal belongings and outdoor recreation gear. Located near Grass Valley Lake, this property combines a tranquil setting with access to the recreation and natural beauty that make Lake Arrowhead so desirable. Lake rights add even more appeal, offering the opportunity to embrace the mountain-and-lake lifestyle throughout the seasons. With its peaceful cul-de-sac location, inviting living spaces, two fireplaces, and generous outdoor areas, this home delivers an appealing combination of mountain charm, comfort, and value. Whether you're seeking a full-time residence or a relaxing weekend getaway, discover the possibilities of owning your own Lake Arrowhead retreat!

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Sarah Polley · Windermere Real Estate

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

$4,037

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,500 · Loan: $445,500

%

Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,036
Property tax (1.25%)
$516
Homeowners insurance
$300
Mortgage insurance
$186
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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 29, 2026

30-year fixed
7.24%
15-year fixed
6.60%

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 $17,325 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.

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

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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.