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28906 Palisades Drive, Lake Arrowhead, CA 92352

$2.70M4bd · 4ba · 2,120 sqft
Lot 4,420 sqft•Single Family Residence•
Active
•193d on market•MLS# IG-26069268

Property Description

Lakefront in the desirable Palisades neighborhood, with lake and mountain views from every room! Just steps to ALA trail. Come experience mountain-lake life in Southern California’s most prestigious four-season, private lake community just 90 minutes from LA and OC. This home has been tastefully updated with an open floor plan featuring updated kitchen with SS appliances that seamlessly connects to dining room on one side and large living room with stone fireplace on the other with direct access to main floor deck. The upper floor offers 3 generous bedrooms including master en-suite with soaking tub and balcony overlooking the lake. The lower level offers a fourth bedroom family/game room and additional bathroom with direct access to lower deck. Home sits right on the ALA trail and is just a short stroll to the ½ dbl dock that is included. Recent updates include roof, windows and doors, interior wood flooring, maple cabinetry, granite counters & SS appliances. Home has parking deck for up to 4 cars, central A/C and is move-in ready. Come start making memories today!

Features & Amenities

FeeBuilt 1958

Property Details

Land Type
Fee
Year Built
1958
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Lake, Mountain(s)
Flooring
Carpet, Tile, Wood
Roof
Composition
City
Lake Arrowhead
Zip Code
92352
County
San Bernardino
Listed byARROWHEAD PREMIER PROPERTIES, Brian L. Cohen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,642.56
Principal & Interest
Loan Amount
$2,158,400
Total Interest
$2,752,920
Total Payment Over 30 Years
$4,911,320
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

Luxury Tier · 5 active · 5 closed

28906 Palisades Drive, Lake Arrowhead, CA 92352

Lake Arrowhead · Single Family Residence

$2.70M
Luxury Tier
Beds
4
Baths
4
Sqft
2,120
Lot
4,420 sqft
Year
1958
$/Sqft
$1273
Pool: No✓
Spa: No✓
View: mountain✓

Listed 263.4% above the median closed sale of $742,500. Price per sqft ($1,273) is a 231% premium to closed comps ($385). Expect a longer timeline — comps averaged 122 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.70M· $1,273/sqft
Total list price
Closed comps
vs closed median $743K
+$1.96M (+263.4%)
Active comps
vs active median $410K
+$2.29M (+558.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $322
+$951 (+295.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
761 Victoria CourtLake Arrowhead1978321,5684,700$261$409,9982382
531 Victoria CourtLake Arrowhead1976431,5483,290$226$350,00021381
27071 Overlook LaneLake Arrowhead1979421,5762,208$228$360,00013273
177 Joaquin MillerLake Arrowhead1951531,5254,670$508$775,00012868
164 Birchwood DriveLake Arrowhead1979431,5588,000$385$599,90014768
Total: 5 · Average4.02.61,5554,573.6$321.6$498,979.6128.6
Median1,558$409,998

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
343 GardenLake Arrowhead200009/22/2026532,4983,500$1.23M$1.15M$4600.9418481
26210 Circle DriveLake Arrowhead198109/28/2026442,19211,385$549,888$530,000$2420.9610372
886 Sandalwood DriveLake Arrowhead198109/30/2026342,2449,600$525,000$490,000$2180.9310069
202 Maple DriveLake Arrowhead193809/24/2026321,8854,800$795,000$742,500$3940.9313068
27780 Lakes Edge RoadLake Arrowhead193010/08/2026431,7925,400$999,999$1.10M$6121.109568
Total: 5 · Average3.83.22,122.26,937$801,740$801,740$385.2—122.4
Median2,192$742,500$742,500

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.