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28986 Alder Terrace, Lake Arrowhead, CA 92321

$695K3bd · 4ba · 2,438 sqft
Lot 10,454 sqft•Single Family Residence•
Active
•79d on market•MLS# IG-26177998

Property Description

Brand-New Mountain Modern Retreat! Modern luxury meets the timeless beauty of the mountains! ~ Brand new and beautifully designed, this stunning mountain-modern home offers over 2,400 sq. ft. of sophisticated living space on a generous 10,000+ sq. ft. lot, surrounded by towering pines, firs and cedars... And what an incredible value! ~ The dramatic two-story vaulted ceilings, huge windows and open-concept floor plan create an incredible sense of space and bring the outdoors in. A spectacular wall of windows and sliders opens directly to the expansive main-level deck, creating an effortless connection between indoor and outdoor living. ~ Designed for both comfort and convenience, the home features level-entry access and a luxurious primary suite retreat on the main level, making single-level living possible. Both guest bedrooms are en-suite, providing privacy and comfort for family and guests. ~ Downstairs, the spacious family room with a second fireplace offers the perfect gathering space, while another expansive deck extends the living area outdoors—ideal for relaxing among the trees, entertaining, or simply enjoying the peaceful mountain setting. ~ Built with energy efficiency and modern technology in mind, this exceptional home features Andersen doors, windows and sliders, energy-conscious construction, and is wired for smart-home systems. Public utilities, high-speed internet, and a plowed and maintained road provide year-round convenience. ~ Brand new. Mountain modern. Thoughtfully designed. Surrounded by nature. This is the mountain lifestyle you've been waiting for—where contemporary design and the beauty of the forest come together in perfect harmony.

Features & Amenities

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central, Forced Air, High Efficiency
Cooling
None
View
Trees/Woods
Flooring
Vinyl, Carpet, Laminate, Tile
Roof
Composition
City
Lake Arrowhead
Zip Code
92321
County
San Bernardino
Listed byRE/MAX LAKESIDE, Barry Lieberman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,514.30
Principal & Interest
Loan Amount
$556,000
Total Interest
$709,147
Total Payment Over 30 Years
$1,265,147
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

28986 Alder Terrace, Lake Arrowhead, CA 92321

Lake Arrowhead · Single Family Residence

$695K
Residential Tier
Beds
3
Baths
4
Sqft
2,438
Lot
10,454 sqft
Year
2026
$/Sqft
$285
Pool: No✓
Spa: No✓
View: Trees/Woods✓
Garage: 2-car✓

Listed 7.1% above the median closed sale of $649,000. Expect a longer timeline — comps averaged 174 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $695K· $285/sqft
Total list price
Closed comps
vs closed median $649K
+$46K (+7.1%)
Active comps
vs active median $675K
+$20K (+3.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $303
−$18 (−5.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
279 CumberlandLake Arrowhead1985332,0569,931$315$648,0003483
251 OakLake Arrowhead1979432,3846,500$268$639,0005083
28940 PotomacLake Arrowhead1970332,2629,750$298$675,00017881
420 CumberlandLake Arrowhead1977432,26710,000$302$685,0001580
180 Joaquin MillerLake Arrowhead1959332,2654,850$331$749,00025476
Total: 5 · Average3.43.02,246.88,206.2$302.8$679,200106.2
Median2,265$675,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28589 Shenandoah DriveLake Arrowhead200610/14/2026332,12910,400$649,000$649,000$3051.0051684
434 Klamath DriveLake Arrowhead201006/30/2026432,4409,480$675,000$630,380$2580.939581
28641 Shenandoah DriveLake Arrowhead200506/22/2026332,4169,980$835,000$795,000$3290.954780
230 Hemlock DriveLake Arrowhead196008/13/2026432,4124,800$649,000$645,000$2670.9913179
512 Spruce WayOakley202607/31/2026432,4845,400$750,000$745,000$3000.998079
Total: 5 · Average3.63.02,376.28,012$692,876$692,876$291.8—173.8
Median2,416$649,000$649,000

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.