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ActiveSingleFamilyResidence

628 Grass Valley Road

Lake Arrowhead, CA, 92352

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$1,050,000

MLS: IG26123822

Beds

5

Baths

3

Sq Ft

2,947

Lot

0.52 ac

Year Built

1990

MLS #

IG26123822

Days on Market

89

Listed

Jun 7, 2026

Description

Lake Arrowhead Dream House with Lake Rights. This Elegant Estate Enjoys an Enchanting Setting - with over Half an Acre - a Seasonal Creek runs through the land - and it is well positioned on a Corner Lot. Set within a private enclave of homes with Level Access, Parking and Entry. This Stately Residence is Impeccably Maintained Inside and Out. An Entertainers Delight with Excellent Floor plan and Amazing Outdoor Spaces. The Main Level Features Gorgeous Hardwood Flooring, a Stunning Stone Fireplace in the Living Room, Fantastic Formal Dining Space and a Culinary Creators Kitchen. Main Level Bedroom and 3/4 Bath for Easy Living. Let's go Upstairs - Experience Light and Bright with Height - 4 more Spacious Bedrooms with Soaring Ceilings and Large Closets. The Primary Suite has a Sitting Room with a Lovely Fireplace and a Private Balcony. What does Downstairs have in store for us? - All Aboard the Dream Express! The Family Room has a 3rd Gorgeous Stone Fireplace and Features a Model Train which runs at the Ceiling around the Room - there is a Control Room with more Train Fun and a Model Town with...another Train! Ample Parking with Room for Boat or RV plus 2 Car Attached Garage. Situated in a Prime Location - around the corner from Lake Arrowhead Country Club and just moments from the Lake.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Amy Kaplan · KELLER WILLIAMS LAKE ARROWHEAD

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

$7,892

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $105,000 · Loan: $945,000

%

Average 30-yr fixed rate 6.71% as of Sep 3, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$6,104
Property tax (1.25%)
$1,094
Homeowners insurance
$300
Mortgage insurance
$394
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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 Sep 3, 2026

30-year fixed
6.71%
15-year fixed
6.04%

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 $36,750 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

Only large teams outsell Mike Watson · Keller Williams Realty

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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.