748 Shelter Cove
Lake Arrowhead, CA, 92352
$7,000,000
MLS: IG26010764
Beds
7
Baths
7
Sq Ft
5,698
Lot
1.45 ac
Year Built
1981
MLS #
IG26010764
Days on Market
93
Listed
Jan 16, 2026
Description
A Rare Lakefront Masterpiece in Exclusive Shelter Cove Perched atop Eagle Point with sweeping 180° easterly views, this fully updated lakefront estate captures the very essence of Lake Arrowhead living. From sunrise over calm waters to eagles hunting fresh trout below, nature’s beauty becomes an extension of your home. A gated drive leads to a meticulously appointed main home and guest house, each blending timeless elegance with modern luxury. Inside, Taj Mahal leathered stone surfaces, warm brick fireplaces, and a Control4 smart system create effortless sophistication. The gourmet kitchen flows seamlessly to open living spaces, while the game room and wet bar invite joyful gatherings. The primary suite offers a private deck, steam shower, and fireplace retreat. Dual laundry rooms, a four-car garage, and landscaped grounds with in-ground trampoline ensure every comfort. At the shoreline, a luxury dock awaits—steel infrastructure, aluminum roof, composite decking, a full dock house with refrigerator, and water slide—crafted for endless summer memories. A true family treasure in Shelter Cove—tastefully appointed, remarkably rare, and smoother than a Hallmark movie in late October.
Location
Lake Arrowhead, San Bernardino County, CA 92352
Open on Google Maps ↗Listed by: Chrissy Hammer · COLDWELL BANKER SKY RIDGE REALTY
Payment estimate
$48,925
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $700,000 · Loan: $6,300,000
- Principal & Interest
- $38,708
- Property tax (1.25%)
- $7,292
- Homeowners insurance
- $300
- Mortgage insurance
- $2,625
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 $245,000 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
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