28898 Palisades, Lake Arrowhead, CA 92352
28898 Palisades, Lake Arrowhead, CA 92352
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
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Lake Arrowhead · Single Family Residence
Listed in line with the median closed sale of $2,300,000. Price per sqft ($1,252) is a 91% premium to closed comps ($655). Closed comps sold at 100% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 28706 Palisades Drive | Lake Arrowhead | 1930 | 3 | 3 | 1,859 | 5,740 | $1,073 | $2.00M | 20 | 82 |
| 240 Blue Lake Road | Lake Arrowhead | 1971 | 4 | 3 | 2,548 | 8,090 | $1,001 | $2.55M | 166 | 58 |
| 175 Mill Pond | Lake Arrowhead | 2025 | 4 | 5 | 3,879 | 28,451 | $586 | $2.27M | 18 | 41 |
| 27779 West Shore | Lake Arrowhead | 1995 | 4 | 3 | 3,952 | 15,150 | $555 | $2.19M | 109 | 38 |
| 391 Cedar Ridge Drive | Lake Arrowhead | 1999 | 5 | 6 | 6,119 | 60,548 | $384 | $2.35M | 100 | 36 |
| Total: 5 · Average | 4.0 | 4.0 | 3,671.4 | 23,595.8 | $719.8 | $2.27M | 82.6 | |||
| Median | 3,879 | $2.27M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27592 Shore Road | Lake Arrowhead | 1967 | 12/23/2025 | 4 | 4 | 2,528 | 8,900 | $2.00M | $2.30M | $910 | 1.15 | 150 | 40 |
| 292 Ponderosa Peak Road | Lake Arrowhead | 2023 | 05/01/2026 | 4 | 5 | 4,747 | 13,480 | $2.65M | $2.58M | $542 | 0.97 | 118 | 37 |
| 28537 North Shore | Lake Arrowhead | 2001 | 05/01/2026 | 4 | 5 | 4,135 | 24,360 | $2.35M | $2.35M | $568 | 1.00 | 70 | 37 |
| 28963 Quail Run Drive | Lake Arrowhead | 1992 | 08/03/2026 | 5 | 4 | 4,261 | 90,169 | $2.50M | $2.30M | $540 | 0.92 | 74 | 36 |
| 27685 High Knoll Rd. | Lake Arrowhead | 1962 | 02/04/2026 | 4 | 4 | 2,975 | 8,888 | $2.20M | $2.13M | $714 | 0.97 | 60 | 36 |
| Total: 5 · Average | 4.2 | 4.4 | 3,729.2 | 29,159.4 | $2.33M | $2.33M | $654.8 | — | 94.4 | ||||
| Median | 4,135 | $2.30M | $2.30M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.