$1,600,000
●
House -
Off Market
28782 Palisades Drive
Lake Arrowhead, CA 92352
4 Beds
2 Baths,
1
Half Bath
2,459 Ft²
$6,997
Est. Monthly
About This Property
It is not often a long-time, family-owned Lakefront becomes
Available! While in its later years the home was rented out as
family members spread in different directions, it has been a good
source of income but now it is time for a New Family to own this
special place! While it needs TLC, repairs and paint the Sellers
have priced it well considering all the other higher priced
Lakefronts on the famed "Palisades Peninsula". The deep water,
newer Trex Dock, stairs and platform have been replaced with Trex!
Beautiful Lake Views from all points. 2 Entertaining Lake View
Decks! Outdoor Spa! Easy Access Tram from Street to Front Door
Allows the bypass of Stairs and easily carries people, luggage and
groceries! There are 4 Bedrooms. 4 Bathrooms, Formal Dining Area
for Chefs/Top Kitchen with Breakfast Bar. Lounge conversation
Living Room with Mantled Fireplace. Outdoor Spa!! Go down the
private stairs to the Lake Trail around the Lake and just a quick
step to the Single Slip Dock!! Double Deep Carport and Huge
Storage!! Going...Going...!!
Unit Size
2,459 Ft²
Days on Market
50 days
Land Size
0.13 acres
Price per sqft
$580
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #IV25172750)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 3, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by LYNNE B WILSON & ASSOCIATES | $1,425,000 | |
| Listed by LYNNE B WILSON & ASSOCIATES | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
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Listed by: LYNNE WILSON, LYNNE B WILSON & ASSOCIATES
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25172750
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25172750
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