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For sale
  • Listed by: Vista Sotheby's International Realty • Katie Mead • Contact: 805-320-1215
    Price cut: $16K (5/30)
    $699,000

    28989 Palisades Dr, Lake Arrowhead, CA 92352

    4beds
    1,441sqft
    : 
    $4,572/mo
    Get pre-qualified
    Single Family Residence
    Built in 1960
    7,080 Square Feet Lot
    $681,500 Zestimate®
    $485/sqft
    $-- HOA

    What's special

    New water heaterUpdated landscapingAbundant natural lightBeautifully reimagined mountain retreatClean architectural linesCozy curated finishesAll new windows
    Tucked into the trees of Lake Arrowhead, this beautifully reimagined mountain retreat blends modern sophistication with warm, inviting charm—and includes coveted Lake Rights. Thoughtfully updated from top to bottom in 2022, the home offers a seamless balance of style and comfort, making it ideal as a full-time residence, weekend escape, or a continued high-performing short-term rental. Clean architectural lines, abundant natural light, and cozy, curated finishes create a space that feels both elevated and effortlessly livable. Perfectly positioned, the home is a quick drive to the Village and a short *stroll* to the shops in Cedar Glen, Miller's Landing, Mountain Coffee Co and lakeside trails, where golden-hour sunsets become part of your everyday routine. And only a few minutes from Lake Arrowhead Village! Behind the scenes, extensive upgrades provide both peace of mind and modern convenience. The home features a new roof (2022), rain gutters, central air conditioning, a fully upgraded electrical panel with improved wiring, and an EV charger. Nearly every detail has been refreshed, including all new windows, fresh exterior paint, new washer and dryer, updated landscaping, a new water heater, and a newly installed sewer line extending from the house to the street. Adding to its rarity and appeal is a detached two-car garage—an uncommon luxury in Lake Arrowhead—offering ample space for parking, storage, or creative use. With its prime location, strong rental history, and turn-key condition, this property is a standout opportunity to enjoy the very best of mountain living while benefiting from immediate income potential.
    150 days
    |
    421
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Katie Mead DRE #02212373 805-320-1215,

    Vista Sotheby's International Realty

    Source: CRMLS,MLS#: IG26058741MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bedroom, Living Room
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub
      Kitchen
      • Features: Quartz Counters
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Barbecue, Disposal, Gas Range, Refrigerator, Water Heater, Dryer, Washer
      Features
      • Beamed Ceilings, Eat-in Kitchen, Furnished, Quartz Counters, Storage, Bedroom on Main Level
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,441 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway Level, Door-Single, Garage, Shared Driveway
      • Garage spaces: 2
      • Uncovered spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Patio & porch: Brick, Porch
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 7,080 Square Feet
      • Features: Sloped Down
      Details
      • Parcel number: 0331035190000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Dog Park, Fishing, Hiking, Lake, Mountainous, Near National Forest, Park, Preserve/Public Land, Rural, Water Sports
      • Subdivision: Arrowhead Woods (Awhw)
      Location
      • Region: Lake Arrowhead

      Financial & listing details

      • Price per square foot: $485/sqft
      • Tax assessed value: $711,009
      • Annual tax amount: $7,290
      • Date on market: 3/20/2026
      • Cumulative days on market: 151 days
      • Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan

        Estimated market value

        $681,500

        $647,000 - $716,000

        $2,780/mo

        Price history

        DateEventPrice
        5/30/2026Price change$699,000-2.2%$485/sqft
        Source: CRMLS #IG26058741 Report a problem
        3/21/2026Price change$715,000-3.2%$496/sqft
        Source: CRMLS #IG26058741 Report a problem
        5/6/2025Price change$739,000-3.9%$513/sqft
        Source: CSMAOR #225002216 Report a problem
        3/6/2025Price change$769,000-3.8%$534/sqft
        Source: CRMLS #224004475 Report a problem
        2/5/2025Price change$799,000-2.4%$554/sqft
        Source: CSMAOR #224004475 Report a problem
        10/29/2024Listed for sale$819,000+22.2%$568/sqft
        Source: CSMAOR #224004475 Report a problem
        1/4/2022Sold$670,000+1.6%$465/sqft
        Source: Mountain Resort Communities AOR #RW2302041 Report a problem
        12/28/2021Pending sale$659,500$458/sqft
        Source: CRMLS #EV21257239 Report a problem
        12/1/2021Contingent$659,500$458/sqft
        Source: CRMLS #EV21257239 Report a problem
        12/1/2021Listed for sale$659,500+53.4%$458/sqft
        Source: CRMLS #EV21257239 Report a problem
        2/12/2021Sold$430,000+32.3%$298/sqft
        Source: Mountain Resort Communities AOR #RW2300060 Report a problem
        6/18/2018Listing removed$1,800$1/sqft
        Source: Mountain Country Realty, Inc. Report a problem
        5/17/2018Listed for rent$1,800$1/sqft
        Source: Mountain Country Realty, Inc. Report a problem
        8/25/2016Sold$325,000+24%$226/sqft
        Source: Public Record Report a problem
        6/24/2009Sold$262,000-41.8%$182/sqft
        Source: Public Record Report a problem
        5/18/2008Listing removed$449,900$312/sqft
        Source: Homes & Land #280040 Report a problem
        2/2/2008Listed for sale$449,900+14.8%$312/sqft
        Source: Homes & Land #280040 Report a problem
        6/22/2005Sold$392,000+130.6%$272/sqft
        Source: Public Record Report a problem
        9/19/2000Sold$170,000$118/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,290 -5.2%$711,009 +2%
        2024$7,691 +1%$697,068 +2%
        2023$7,615 +51.2%$683,400 +54.9%
        2022$5,036 +23.4%$441,150 +26.6%
        2021$4,082 +0%$348,466 +1%
        2020$4,081 +2.6%$344,893 +2%
        2019$3,978 +0.4%$338,130 +2%
        2018$3,962 +1.8%$331,500 +2%
        2017$3,893 $325,000 +14%
        2016$3,893 +12.3%$285,010 +1.5%
        2015$3,466 +0.5%$280,729 +2%
        2014$3,449 $275,230 +0.5%
        2013-- $273,986 +2%
        2012-- $268,614 +2%
        2011-- $263,347 +0.8%
        2010-- $261,379 -25.3%
        2009-- $350,000
        2008-- $350,000 -14.2%
        2007-- $407,733 +2%
        2006-- $399,738 +117.5%
        2005-- $183,775 +2%
        2004-- $180,171 +1.9%
        2003-- $176,868 +2%
        2002-- $173,400 +2%
        2001-- $170,000 +19.3%
        2000-- $142,524
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Cedar Glen

        Getting around

        28 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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