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28706 Palisades Drive, Lake Arrowhead, CA 92352

$2.00M3bd · 3ba · 1,859 sqft
Lot 5,740 sqft•Single Family Residence•
Active
•21d on market•MLS# IG-26217246

Property Description

https://28706palisadesdrive.com // Perched privately among the trees, positioned perfectly above the lake. The 'Lakeside Treehouse' offers a rare setting in the coveted Palisades, with lake views, lake rights, and the ALA trail right in the backyard, directly accessible from your private staircase. Cathedral ceilings, exposed beams, custom woodwork, and a stone fireplace bring warmth to the designer interiors. Dolomite countertops, quartzite flagstone floors, and fluted cabinetry elevate the kitchen. Open living and dining spaces extend onto an expansive deck built around a mature oak, creating a true treehouse feel. Upstairs, the primary suite features vaulted ceilings, a loft office, fireplace, and a soaking tub overlooking the lake and pines. Downstairs, two guest bedrooms, a lounge with minibar, and a full bath connect to a second deck with a cedar-framed hot tub. Additional highlights include a tankless water heater, furnace, air conditioning, HALO whole-house water filtration, smart blackout shades, Sonos sound, an EV charger, and a whole-house generator. Step directly onto the lake trail for a short stroll to a shaded beach cove or a scenic shoreline walk to Arrowhead Village. The Village, Cedar Glen’s shops and dining, and Lake Arrowhead’s many attractions are just a short drive away. Recognized as an Airbnb Guest Favorite, the Lakeside Treehouse combines a personal mountain escape with the value of an established, successful vacation rental business.

Features & Amenities

FeeBuilt 1930

Property Details

Land Type
Fee
Year Built
1930
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Lake, Mountain(s), Trees/Woods
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byKELLER WILLIAMS LAKE ARROWHEAD, Abbey Thomason

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,087.81
Principal & Interest
Loan Amount
$1,596,000
Total Interest
$2,035,610
Total Payment Over 30 Years
$3,631,610
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

28706 Palisades Drive, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$2.00M
Luxury Tier
Beds
3
Baths
3
Sqft
1,859
Lot
5,740 sqft
Year
1930
$/Sqft
$1073
Pool: No✓
Spa: Yes✓
View: mountain✓

Listed 12.1% above the median closed sale of $1,780,000. Price per sqft ($1,073) is a 39% premium to closed comps ($774). Expect a longer timeline — comps averaged 122 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 $2.00M· $1,073/sqft
Total list price
Closed comps
vs closed median $1.78M
+$215K (+12.1%)
Active comps
vs active median $1.79M
+$200K (+11.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $821
+$252 (+30.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28898 PalisadesLake Arrowhead1985431,7974,080$1,252$2.25M21588
359 John Muir RoadLake Arrowhead1973332,6637,250$674$1.79M7180
130 John Muir RoadLake Arrowhead1981441,8934,700$924$1.75M573
28971 North Shore RoadLake Arrowhead1963332,4029,900$728$1.75M16859
265 Garden DriveLake Arrowhead2001553,5002,800$529$1.85M29743
Total: 5 · Average3.83.62,4515,746$821.4$1.88M151.2
Median2,402$1.79M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28956 Palisades DriveLake Arrowhead195701/15/2026431,6664,352$2.00M$1.70M$1,0200.852472
2073 Hidden Valley CanyonLaguna Beach200307/27/2026331,7744,398$1.78M$1.78M$1,0031.007168
3800 Shorthorn StreetDublin202609/17/2026432,4704,654$1.81M$1.82M$7371.0011263
481 Bay View CourtLake Arrowhead202408/31/2026443,5038,210$1.90M$1.82M$5210.9625557
28018 PeninsulaLake Arrowhead197509/24/2026442,9268,500$1.85M$1.73M$5900.9314656
Total: 5 · Average3.83.42,467.86,022.8$1.77M$1.77M$774.2—121.6
Median2,470$1.78M$1.78M

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.