Stone fireplace centers the room
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28898 Palisades, Lake Arrowhead, CA 92352

$2.25M4bd · 3ba · 1,797 sqft
Lot 4,080 sqft•Single Family Residence•
Active
•194d on market•MLS# IG-26069460

Property Description

One of the lowest price Lake Front homes with lake views on the market in Lake Arrowhead! Experience elevated mountain living in the beautifully maintained and updated 4 bedroom 3 bath home lake front home located in the coveted Palisades neighborhood of Lake Arrowhead. Offered fully furnished, this home blends simple elegance with relaxed comfort. The open concept interior is highlighted by soaring cathedral ceilings and expansive windows bringing in abundant light. A striking stone fireplace anchors the living space which is complemented by rich hickory wood flooring throughout. The gourmet kitchen is both stylish and functional, featuring quartz countertops, an unbelievable La Cornue range, and custom finishes designed for everyday function and luxury. With well appointed bedrooms and bathrooms on each level with one of the bedrooms easily converting to a spacious family room with two Murphy beds, this home is perfect for accommodating family and guests. Outdoor living is equally great with a large deck ideal for enjoying morning and evening outdoor dining all while taking in the tranquil lake views. Relax in the hot tub or stroll to your private single slip dock. This dock sports a generous beach area ideal for swimming and family enjoyment. Rare and ample parking of 6 spaces suitable for even boat parking that is level with the street and a location that is minutes from Lake Arrowhead Village, the Marina, and Cedar Glen, this home offers both convenience and exclusivity.

Features & Amenities

FeeBuilt 1985

Property Details

Land Type
Fee
Year Built
1985
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
0
Heating
Forced Air
Cooling
Central Air
View
Lake, Mountain(s), Trees/Woods
Flooring
Carpet, Wood
Roof
Composition
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byVista Sotheby's International Realty, Vicky Center

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,377.22
Principal & Interest
Loan Amount
$1,800,000
Total Interest
$2,295,801
Total Payment Over 30 Years
$4,095,801
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

28898 Palisades, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$2.25M
Luxury Tier
Beds
4
Baths
3
Sqft
1,797
Lot
4,080 sqft
Year
1985
$/Sqft
$1252
Pool: No✓
Spa: Yes✓
View: mountain✓

Listed 275.0% above the median closed sale of $600,000. Price per sqft ($1,252) is a 211% premium to closed comps ($403). Expect a longer timeline — comps averaged 121 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.25M· $1,252/sqft
Total list price
Closed comps
vs closed median $600K
+$1.65M (+275.0%)
Active comps
vs active median $448K
+$1.80M (+402.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $413
+$839 (+203.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
682 BuckinghamLake Arrowhead1979321,2803,780$312$399,0008181
791 Virginia CourtLake Arrowhead1993321,2042,974$403$485,00014369
28901 PalisadesLake Arrowhead1938331,2214,420$676$825,000367
1327 Evergreen LaneLake Arrowhead1974421,2964,320$346$448,0005760
380 Dolly VardenLake Arrowhead1948321,2227,200$327$400,0008458
Total: 5 · Average3.22.21,244.64,538.8$412.8$511,40073.6
Median1,222$448,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
660 Burnt MillLake Arrowhead192809/22/2026421,72912,936$599,000$600,000$3471.0010869
202 Maple DriveLake Arrowhead193809/24/2026321,8854,800$795,000$742,500$3940.9313069
676 Lake DriveLake Arrowhead200510/07/2026331,3744,212$579,000$560,000$4080.978763
27780 Lakes Edge RoadLake Arrowhead193010/08/2026431,7925,400$999,999$1.10M$6121.109563
460 Pioneer RoadLake Arrowhead197709/22/2026331,8568,450$499,999$475,000$2560.9518663
Total: 5 · Average3.42.61,727.27,159.6$694,740$694,740$403.4—121.2
Median1,792$600,000$600,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.