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28919 Palisades
About This Property
Welcome to this beautifully remodeled, first-tier mountain retreat in highly sought-after Cedar Glen, offering approximately 2,016 square feet of light-filled living space, 3 bedrooms, 2.5 bathrooms, and multiple areas designed for entertaining and relaxing.
Located directly across the street from the lake with nearby lake access and full lake rights, this exceptional home delivers the quintessential Lake Arrowhead lifestyle. From the moment you step inside, you'll be captivated by the open-concept floor plan, dramatic wall of windows, soaring wood-beamed ceilings, and breathtaking lake views.
The spacious living room features a stunning stone fireplace, creating the perfect setting for cozy mountain evenings while taking in the beauty of the water. The remodeled kitchen is a chef's delight, showcasing new stainless-steel appliances, a modern hood, custom cabinetry, and a breakfast bar that flows seamlessly into the dining and living areas.
Step outside onto either of the two expansive decks to enjoy spectacular lake views, watch boats drift across the water, breathe in the fresh mountain air, and take in unforgettable sunsets.
The main level also features two generously sized bedrooms with large closets and an updated full bathroom with modern finishes.
The private primary suite occupies its own level, creating a peaceful retreat with soaring ceilings and serene lake views. The beautifully remodeled ensuite bathroom features dual sinks and a frameless glass, zero-threshold shower with a rain showerhead for a true spa-like experience.
The lower level offers an expansive family/game room complete with a wet bar, half bathroom, and laundry area - an ideal space for entertaining, game nights, or relaxing with family and friends.
Additional highlights include central A/C, extensive modern updates, and turnkey furnishings. The home is truly move-in ready and perfectly suited as a primary residence, second home, or short-term rental investment.
Enjoy the best of Lake Arrowhead living with two lake access points within a short walk and convenient proximity to the marina, gas dock, launch ramp, hospital, and fire station.
Beautifully updated. Fully furnished. Incredible lake views. Full lake rights. Prime Cedar Glen location. This is the mountain getaway you've been waiting for!
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Listed by eXp Realty of Southern Califor | $999,999 | |
| Listed by eXp Realty of Southern Califor | |||
| Nov 1, 2025 | Listed | $1,218,000 | |
| Listed | |||
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Welcome to 28919 Palisades Dr, Lake Arrowhead, CA 92352 — a fully furnished, recently updated first-tier stunner with amazing lake views!
This beautifully remodeled mountain retreat offers approximately 2,016 sq ft of light-filled living space with 3 bedrooms, 2.5 baths, and multiple entertaining areas. Located just across the street from the lake with nearby lake access, you’ll enjoy full lake rights — stroll along the scenic lake trails, launch your boat or kayak, or take a refreshing swim in the crystal-clear waters.
From the moment you step inside, you’ll be captivated by the open-concept design, dramatic wall of windows, and soaring wood-beamed ceilings that frame the breathtaking lake views. The spacious living room centers around a stunning stone fireplace, creating a perfect setting for cozy mountain evenings while still enjoying the view of the water.
The beautifully updated kitchen is a chef’s dream, featuring new stainless steel appliances, a modern oven hood, custom cabinetry, and a breakfast bar that opens seamlessly to the dining area and living room. Whether you’re entertaining or relaxing, this level is designed for comfort and connection.
Step outside onto one of two expansive decks to take in the spectacular views — watch boats drift by, soak in the fresh mountain air, and revel in the glowing sunsets over the water.
Also on the main level are two nicely sized bedrooms with large closets and an updated full bath featuring modern finishes.
The private master suite occupies its own level and is a true sanctuary. It features soaring ceilings, serene lake views, and a beautifully remodeled ensuite bathroom boasting dual sinks and a frameless glass, zero-threshold shower with a rain shower head — a spa-like retreat in the mountains.
On the lower level, you’ll find a spacious family/game room complete with a wet bar, half bath, and laundry area — the perfect space for entertaining guests or relaxing with family.
Additional highlights include central A/C, modern updates throughout, and turnkey furnishings, making this home move-in ready and ideal for use as a primary residence, second home, or short-term rental investment.
Located in the highly sought-after Cedar Glen enclave, this property is just a short walk to two lake access points and only minutes from the marina, gas dock, and launch ramp, the hospital, and fire station offering the ultimate in Lake Arrowhead lifestyle living.
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| Jun 7, 2025 | Price Decreased |
$1,275,000
↓ $15K
(1.2%) | |
| Price Decreased | |||
| Nov 6, 2024 | Listed | $1,290,000 | |
| Listed | |||
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Amazing Lake Views from this recently updated first tier stunner! Open concept with large living room and separate family room and also comes furnished has A/C and is move in ready! Just across the street from the lake with nearby lake access to enjoy your lake rights by walking the lake trails, take your boat or kayak out or go for a swim! This lake home would make an incredible short-term rental or second home get-away! The main level features an amazing wall of windows and soaring wood beamed ceilings that brings the spectacular lake view inside, also featured on this level is the beautifully updated kitchen with new stainless appliances, oven hood and cabinets, and a breakfast bar, which opens to the dining area and living room where you can turn on the lovely stone fireplace and enjoy both the lake view and the cozy fireplace at the same time! Or sit out on one of the two expansive decks where you can watch the boats go by and revel in the stunning sunsets over the water! Also featured on the main level is an updated full bath and two nice size bedrooms with large closets. The gorgeous private master suite is on its own level and has been beautifully updated also featuring soaring ceilings and lake views and the ensuite bathroom is a dream boasting double sinks and a frameless glass zero threshold shower with rain shower head. The lower level hosts the huge family / game room with wet bar, laundry and half bath. Just a short walk to two lake access points and only minutes away from the marina, gas dock, and launch ramp – this is the ultimate lake lifestyle location.
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| Aug 15, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017