686 Grass Valley
Lake Arrowhead, CA, 92352
$675,000
MLS: IG26115468
Beds
3
Baths
3
Sq Ft
1,929
Lot
0.71 ac
Year Built
1968
MLS #
IG26115468
Days on Market
19
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 three lots — Lots 148, 149, and 150 — totaling an impressive 31,125 square feet, this property offers nearly 3/4 of an acre of peaceful mountain living.Two lots were combined but one lot is a separate parcel that is totally. buildable for your future plans. The dramatic vaulted ceilings and signature wall of windows create the perfect mountain ambiance, bringing in natural light and beautiful forest views. 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. The flexible floorplan 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. 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.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Vicky Center · Vista Sotheby's International Realty
Payment estimate
$5,104
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $67,500 · Loan: $607,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,848
- Property tax (1.25%)
- $703
- Homeowners insurance
- $300
- Mortgage insurance
- $253
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $23,625 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.
$610,000
27786 Matterhorn Drive
Lake Arrowhead, 92352
$619,000
260 Burnt Mill
Lake Arrowhead, 92352
$619,000
27334 Pinewood Drive
Lake Arrowhead, 92352
$625,000
1255 Aleutian
Lake Arrowhead, 92352
$625,000
27528 Ashwood Lane
Lake Arrowhead, 92352
$629,000
1232 Aleutian Drive
Lake Arrowhead, 92352
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.