635 Grass Valley Drive
Lake Arrowhead, CA, 92352
$695,000
MLS: IG26066549
Beds
3
Baths
2
Sq Ft
2,119
Lot
0.31 ac
Year Built
1979
MLS #
IG26066549
Days on Market
23
Listed
Mar 27, 2026
Description
Welcome to your dream getaway in beautiful Lake Arrowhead. Situated on nearly 1/3 acre of lush, private land, this beautifully renovated prow-style home offers the perfect blend of modern comfort and classic mountain character—plus lake rights! Tucked into a serene setting with lush landscaping and a seasonal stream, the home features a spacious wrap-around deck ideal for entertaining or soaking in the peaceful surroundings. Inside, the open-concept living and kitchen area is filled with natural light, highlighted by soaring beam ceilings and a stunning stone fireplace that creates a warm and inviting atmosphere. The expansive primary suite is set on its own private upper level for added comfort. On the lower level, a custom-designed bonus space complete with a built-in wet bar, cozy nook seating, pool table and a second stone fireplace that adds a rustic touch to the entertainment area. A generous laundry room is already plumbed and sized for a potential third bathroom, and there’s abundant storage throughout the home. With a massive concrete driveway offering parking for 6 to 8 vehicles—plenty of room for guests, or even a boat—and easy year-round access to main roads, this home is as practical as it is picturesque. Whether you're looking for a full-time residence, vacation escape, or investment opportunity, this Lake Arrowhead property delivers comfort, charm, and room to relax.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Danielle Rosenthal · Vista Sotheby's International Realty
Payment estimate
$5,128
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,500 · Loan: $625,500
- Principal & Interest
- $3,843
- Property tax (1.25%)
- $724
- Homeowners insurance
- $300
- Mortgage insurance
- $261
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 $24,325 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.
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