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28888 Cedar Drive, Lake Arrowhead, CA 92352

$750K3bd · 2ba · 1,660 sqft
Lot 3,250 sqft•Single Family Residence•
Active
•4d on market•MLS# IG-26232344

Property Description

Welcome to mountain living in the sought-after Palisades area. This inviting, level entry mountain retreat blends timeless rustic charm with thoughtful updates and warm, welcoming spaces. Step into a stunning, light-filled living room featuring soaring vaulted ceilings, with exposed wood beams and beautiful white plank detailing. The dramatic, expansive windows in the living room create the perfect picturesque treehouse-style views of the surrounding forest, while filling the space with natural light. A striking floor-to-ceiling brick fireplace, with a substantial raised hearth and contrasting dark mantel serves as the focal point, creating the perfect setting for cozy evenings and relaxed gatherings. Elegant french doors open to the outdoor deck, seamlessly connecting indoor and outdoor living, while a rustic wrought-iron candle-style chandelier adds character and mountain-inspired sophistication. The newly installed custom window seat creates a charming retreat for reading, relaxing, or enjoying the peaceful treetop scenery, complemented by shelving on either side for added style and functionality. A newly installed breakfast nook with additional storage creates extra space and a cozy spot to gather. Additional highlights include walk-in closets in two bedrooms and an abundance of storage throughout. The bonus room downstairs provides the perfect space for entertaining, game nights, or creating your own recreation retreat. With it's inviting atmosphere, distinctive architectural details, thoughtful improvements and beautiful treehouse-style views, this successful STR and turnkey lake rights property has endless opportunities and offers the space to embrace the relaxed lifestyle that mountain living has to offer.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
None
View
Trees/Woods
Roof
Composition
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byCOLDWELL BANKER SKY RIDGE REALTY, Kara McGinley

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,792.41
Principal & Interest
Loan Amount
$600,000
Total Interest
$765,267
Total Payment Over 30 Years
$1,365,267
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

Residential Tier · 5 active · 5 closed

28888 Cedar Drive, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$750K
Residential Tier
Beds
3
Baths
2
Sqft
1,660
Lot
3,250 sqft
Year
1983
$/Sqft
$452
Pool: No✓
Spa: No✓
View: Trees/Woods✓

Listed 7.3% above the median closed sale of $699,000. Price per sqft ($452) is a 28% premium to closed comps ($353). Expect a longer timeline — comps averaged 195 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $750K· $452/sqft
Total list price
Closed comps
vs closed median $699K
+$51K (+7.3%)
Active comps
vs active median $799K
−$49K (−6.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $482
−$30 (−6.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
371 Maple DriveLake Arrowhead1980432,0303,200$418$849,0005989
378 Oak DriveLake Arrowhead1928421,7313,200$415$719,0006787
362 HeliotropeLake Arrowhead1968421,8334,800$355$650,000284
150 Marshall RoadLake Arrowhead1965331,4904,592$570$850,0005883
28901 PalisadesLake Arrowhead1938331,2214,420$654$799,0002582
Total: 5 · Average3.62.61,6614,042.4$482.4$773,40042.2
Median1,731$799,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
202 Maple DriveLake Arrowhead193809/24/2026321,8854,800$795,000$742,500$3940.9313183
157 Bret Harte RoadLake Arrowhead195609/08/2026321,8635,270$798,000$780,000$4190.9810882
230 Hemlock DriveLake Arrowhead196008/13/2026432,4124,800$649,000$645,000$2670.9913174
28589 Shenandoah DriveLake Arrowhead200610/14/2026332,12910,400$649,000$649,000$3051.0051667
395 PrimroseLake Arrowhead196709/04/2026431,83011,111$699,000$699,000$3821.008867
Total: 5 · Average3.42.62,023.87,276.2$703,100$703,100$353.4—194.8
Median1,885$699,000$699,000

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.