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28721 Peninsula Dr #330, Lake Arrowhead, CA, 92352

4beds
3baths
1,962sqft
$629,950
$321price/sqft
$4,250/moest. monthly cost
$170,000/yrincome needed

About This Home

Lake Rights ~Located in the highly desirable Meadow Bay North community, this exceptional mountain retreat offers the ultimate Lake Arrowhead lifestyle package—complete with Lake Rights. Make it a "Premier Package" and buy the dock for extra money. $799,950 gets a buyer the entire package with the dock (value of dock $170,000) (value of condo $629,950) this is a rare opportunity to own a lake escape with incredible amenities and flexibility. Offering 4 bedrooms and 2.5 baths, the thoughtfully designed floor plan provides an easy flow for both full-time living and weekend entertaining. A bedroom on the main level allows for convenient single-level living, paired with the kitchen, living room, and a private deck to enjoy the mountain air and peaceful surroundings. Other guest rooms up, all 3 with fabulous vaulted ceilings, two of the bedrooms have a Jack and Jill 1/2 Bath and there is a full bath as well on this level. A private deck off of this level too. Lake view from two rooms! The HOA makes it easy on the owners by covering exterior maintenance including roofs, siding, and decks, along with trash and snow removal—allowing more time to simply enjoy the lake life. Short-term rentals are permitted with a county permit and a 6-night minimum stay, making this property an excellent personal retreat or investment opportunity. Additional highlights include ample parking, approximately 200 square feet of storage perfect for water toys and lake gear, and a location just minutes from the Lake Arrowhead Country Club and Lake Arrowhead Village. Better yet, your dock is just a quick walk away—and the boat itself may even be included! As an added bonus, Seller is willing with the right offer to pay off the a portion of the new $22,000 property assessment! This truly is the complete Lake Arrowhead package— Square footage of condo has not been verified, records indicate 1962 sf, buyers and agent to satisfy themselves. This home is classified as a townhome and insurance needs to be established as a townhome.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1972

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Fireplace features: Living Room
  • Fireplace: Yes

Interior Area

  • Total structure area: 1,962
  • Total interior livable area: 1,962 sqft

Property

Details

  • Parcel number: 0333951200000

Lot

  • Lot size dimensions: 0 x 0

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Wildfire
Earthquake
Inland Flooding
Heat Wave
Landslide

FEMA Declared Disasters in San Bernardino County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,185$38,220
Home Insurance *$262$3,144
Property Taxes $383$4,596
Electricity $420$5,048
Total$4,250$51,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,714/yr
40% on housing$127,500/yr
45% on housing$113,333/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$321This listing

vs Other Active Listings

Avg $/sqft

ZIP 92352$380
San Bernardino County$268

vs Homes Sold Last Month

Median $/sqft

ZIP 92352$335
San Bernardino County$319

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Price change$629,950
2026-06-11Price change$799,950
2026-05-20Listed for sale$850,000

For Sale by Agent

AgentKimberly Sellers
BrokerageColdwell Banker Sky Ridge Realty

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