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349 Old Mill Road, Lake Arrowhead, CA 92352

$699K2bd · 2ba · 1,881 sqft
Lot 5,900 sqft•Single Family Residence•
Active
•124d on market•MLS# IG-26141796

Property Description

Welcome to Old Mill, where lake views, privacy, and an unbeatable location come together to create the perfect mountain retreat. Tucked away on the coveted south side of Lake Arrowhead, this charming cabin sits just moments from the water, with stairs from the property leading directly to the lake trail for easy access to lake days, morning walks, and sunset strolls.Whether you're enjoying your morning coffee overlooking the lake, spending summer evenings on the deck enjoying the stunning sunsets, or watching the 4th of July fireworks light up the sky, every season offers something special.Inside, the inviting two bedroom, two bath layout and open floor plan is ideal as a weekend getaway, full-time residence, or income producing vacation rental. An additional parcel, included in the sale, expands the property to just over 11,000 square feet, creating a rare sense of privacy while also offering additional space and potential for future expansion.Beneath the home, a generous storage area provides plenty of room for kayaks, paddleboards, lake toys, and all of your mountain gear, so you're always ready for a day on the water.Located just five minutes from Lake Arrowhead Village, restaurants, coffee shops, and year-round recreation, you'll enjoy the convenience of being close to everything while still feeling tucked away in a peaceful setting. If you're in the mood for a walk, you can even follow the lake trail directly into the Village. With lake views, direct trail access to the water, and a setting that's hard to come by, Old Mill is the perfect place to enjoy everything Lake Arrowhead has to offer.

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
0
Heating
Central
Cooling
None
View
Lake
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byKELLER WILLIAMS LAKE ARROWHEAD, Abbey Thomason

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
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

349 Old Mill Road, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$699K
Residential Tier
Beds
2
Baths
2
Sqft
1,881
Lot
5,900 sqft
Year
1964
$/Sqft
$372
Pool: No✓
Spa: No✓
View: water✓

Listed 8.4% above the median closed sale of $645,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $699K· $372/sqft
Total list price
Closed comps
vs closed median $645K
+$54K (+8.4%)
Active comps
vs active median $750K
−$51K (−6.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $487
−$115 (−23.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
362 HeliotropeLake Arrowhead1968421,8334,800$355$650,000282
28888 Cedar DriveLake Arrowhead1983321,6603,250$452$750,000281
28782 Cedar DriveLake Arrowhead1930321,1295,640$708$799,0002576
251 OakLake Arrowhead1979432,3846,500$268$639,0005075
28901 PalisadesLake Arrowhead1938331,2214,420$654$799,0002575
Total: 5 · Average3.42.41,645.44,922$487.4$727,40020.8
Median1,660$750,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
157 Bret Harte RoadLake Arrowhead195609/08/2026321,8635,270$798,000$780,000$4190.9810884
202 Maple DriveLake Arrowhead193809/24/2026321,8854,800$795,000$742,500$3940.9313181
352 Maple DriveLake Arrowhead194808/20/2026421,8504,000$650,000$630,000$3410.976078
230 Hemlock DriveLake Arrowhead196008/13/2026432,4124,800$649,000$645,000$2670.9913176
416 Klamath DriveLake Arrowhead197001/15/2026321,7467,700$649,000$625,000$3580.966372
Total: 5 · Average3.42.21,951.25,314$684,500$684,500$355.8—98.6
Median1,863$645,000$645,000

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.