ActiveResidential · sale

28888 Cedar Drive

Lake Arrowhead, CA 92352

$750,000

  • 3 beds
  • 2 baths
  • 1,660 sq ft
  • 0.07 acres
  • Built 1983

Listed by COLDWELL BANKER SKY RIDGE REALTY · MLS #IG26232344

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

28888 Cedar Drive, Lake Arrowhead, CA 92352 — photo 1 View full photo
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PROPERTY QUESTIONS & SHOWINGS

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28888 Cedar Drive, Lake Arrowhead, CA 92352 · MLS #IG26232344

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Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Step into a stunning, light-filled living room featuring soaring vaulted ceilings, with exposed wood beams and beautiful white plank detailing.

Details worth a look

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.

Year built

Built in 1983.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

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.
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THE NEIGHBORHOOD

Explore the location.

28888 Cedar Drive, Lake Arrowhead, CA 92352

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1983
Full baths
1
Half baths
1
Garage spaces
0
Cooling
None
Heating
Central
Appliances
Dishwasher,GasOven,Microwave,Refrigerator,Dryer,Washer
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Pool
No
Pool features
None
Spa
No
Subdivision
Arrowhead Woods (AWHW)
Parcel
0331035050000
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,125.00
Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

More in Lake Arrowhead.

172 Rocky Point$1,495,000172 Rocky PointLake Arrowhead, CA1340 Yosemite Drive$889,9001340 Yosemite DriveLake Arrowhead, CA27874 Matterhorn$595,00027874 MatterhornLake Arrowhead, CA

Listing information

MLS #IG26232344 · California Regional MLS

Listing brokerage: COLDWELL BANKER SKY RIDGE REALTY
Listing agent: Kara McGinley

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.