
Lake Arrowhead, California 92352
This Turnkey Mountain Sanctuary is listed at $1,995,000, reflecting a premium valuation relative to its $1,896,950 Fair Market Value. While priced above current estimates, the property offers an Excellent Condition Rating following a high-end designer renovation. Featuring Lake Rights, a Private Hot Tub, and Smart Home Integration, this "Lakeside Treehouse" serves as a proven, successful vacation rental. Its prime location in the Palisades with direct trail access provides a unique lifestyle experience. This property is an ideal acquisition for Vacation Rental Investors or Second-Home Buyers seeking a luxury mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28706 Palisades Drive Subject 3 bd · 3 ba · 1,859 sqft · $1,020 | $1,995,000* List Price | 3 | 3 | 1,859 | $1,020 | - |
A 28744 Palisades Drive Active 4 bd · 3 ba · 2,120 sqft · $825 · 0.1 mi | $1,750,000 List Price | 4 | 3 | 2,120 | $825 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Though built in 1930, the property has undergone a high-end designer renovation within the last 5 years. It features modern luxury finishes like dolomite countertops and fluted cabinetry, along with completely updated systems including a tankless water heater, new HVAC, HALO water filtration, EV charger, and a whole-house generator.
Situated in the coveted Palisades with direct ALA trail access and lake rights, offering rare convenience and stunning lake views from a private setting.
The home is equipped with premium upgrades including a whole-house generator, EV charger, HALO water filtration, and designer finishes like dolomite and quartzite.
Recognized as an Airbnb Guest Favorite, this property offers a turnkey opportunity with an established and successful vacation rental history.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1859, other record living area = 1494.
At over $1,000 per square foot, the listing price represents a significant market premium that may exceed comparable sales in the immediate area.
The 5,740 square foot lot is relatively small for the price point, which may limit outdoor privacy and future expansion possibilities.
Perched privately among the trees, positioned perfectly above the lake. The 'Lakeside Treehouse' offers a rare setting in the coveted Palisades, with lake views, lake rights, and the ALA trail right in the backyard, directly accessible from your private staircase. Cathedral ceilings, exposed beams, custom woodwork, and a stone fireplace bring warmth to the designer interiors. Dolomite countertops, quartzite flagstone floors, and fluted cabinetry elevate the kitchen. Open living and dining spaces extend onto an expansive deck built around a mature oak, creating a true treehouse feel. Upstairs, the primary suite features vaulted ceilings, a loft office, fireplace, and a soaking tub overlooking the lake and pines. Downstairs, two guest bedrooms, a lounge with minibar, and a full bath connect to a second deck with a cedar-framed hot tub. Additional highlights include a tankless water heater, furnace, air conditioning, HALO whole-house water filtration, smart blackout shades, Sonos sound, an EV charger, and a whole-house generator. Step directly onto the lake trail for a short stroll to a shaded beach cove or a scenic shoreline walk to Arrowhead Village. The Village, Cedar Glen’s shops and dining, and Lake Arrowhead’s many attractions are just a short drive away. Recognized as an Airbnb Guest Favorite, the Lakeside Treehouse combines a personal mountain escape with the value of an established, successful vacation rental business.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-5 • 6.1 mi
Grades K-5 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,859 | 1,979.061 |
| Lot Size | 5,740 | 10,277.399 |
| Price | $2.00M | $643.6K |
| Price per sq ft | $1.1K | $338 |
| Built year | 1930 | 1978 |
| HOA | $0 | $614 |
| Days on market | 13 | 91 |
Oct 12, 2026
$1,995,000
Initial Listing
Sep 3, 2024
$1,450,000
Public Record
Oct 29, 2021
$741,000
Public Record
Jan 2, 2008
$650,000
Public Record
Aug 27, 2004
$379,000
Public Record