686 Grass Valley
Lake Arrowhead, CA, 92352
$625,000
Original list price: $675,000
MLS: IG26115468
Beds
3
Baths
3
Sq Ft
1,929
Lot
0.71 ac
Year Built
1968
MLS #
IG26115468
Days on Market
69
Listed
May 28, 2026
Description
Looking for a home with space, character, and that highly sought-after Prow style design? This mountain retreat checks all the boxes. Situated on two merged lots — Lots 148 and 149— totaling an impressive 19,336 square feet, this property offers nearly 1/2 acre of peaceful mountain living. Inside dramatic vaulted ceilings and the signature wall of windows create the perfect mountain ambiance, bringing in natural light and beautiful forest views. The flexible floor plan features a bedroom and bath on the main level, an additional bedroom and spacious family room on the lower level, plus a loft upper-level bedroom with its own half bath. Recent upgrades include dual-pane windows, air conditioning, large composite front and back decking, and a newly added storage shed. Step out onto the expansive composite back deck and enjoy peaceful peaks of the Golf Course lake surrounded by towering pines. Tucked below Grass Valley, the setting feels private and serene while still being conveniently located between Blue Jay and Lake Arrowhead Village and just moments from the golf course. With ample off-street parking, lake rights, and furnishings included per inventory, this home is ready to enjoy from day one. A rare combination of land, location, and classic mountain charm — this home is sure to capture your heart. There is an additional lot (150) to the left of the home that is available for additional money.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Vicky Center · Vista Sotheby's International Realty
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
$4,800
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $62,500 · Loan: $562,500
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,615
- Property tax (1.25%)
- $651
- Homeowners insurance
- $300
- Mortgage insurance
- $234
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 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 $21,875 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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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.
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