A unique opportunity to own a coveted parcel of land in the Palisades neighborhood of Lake Arrowhead. Three separate parcels are offered to create a sprawling and nearly level lot on a private peninsula, just blocks from the lake. Totaling nearly 12,000 square feet and with two existing points of entry, this offering creates an easy canvas for development. Bordered by mature trees and foliage, and with a foundation of a previously existing home, there is an obvious space to build a place of your own. The Palisades neighborhood is at the top of the list for desired areas and rarely furnishes vacant land. Charming neighbors, peaks of the lake and proximity to the town of Cedar Glen are a few of the highlights that compliment the property. A survey for each of the parcels has been completed and is available upon request.
Property Details
Property Features
Listing Office:
Office Name: WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY
Office Phone: (818) 419-5212
Listing Agent: DANIELLE ROSENTHAL
Exterior Features
Exterior Information:
View: Lake, Trees/Woods
Lot Features
Lot Information:
Lot Size: 0.27 Acres
Other
Directions Information:
Directions: Highway 173 to Hemlock, cross Sunset Dr and go where Hemlock and Cedar meet
Price Information
Listing Price Info
Price Summary:
List Price: $475,000
Tax Information:
Annual Amount: $652
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lake Arrowhead, CA.
This property is $9K less than the Median Sold Price in Lake Arrowhead, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #RW24120758
Listing Office:
Office Name: WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY
Office Phone: (818) 419-5212
Listing Agent: DANIELLE ROSENTHAL
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 16, 2012
Jul 16, 2012Home Sold
$85,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$652
$39,818
2020
$636
$39,410
2019
$481
$38,637
2018
$474
$37,879
2017
$466
$37,136
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,438
Per Month
Principal & Interest
$2,371
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,491
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lake Arrowhead Elementary School
1300 Golden Rule Ln
Distance between this listing and this school1.11 miles
Public District Grades PK-5
5
/10
Charles Hoffman Elementary School
2851 Running Springs Sch Rd
Distance between this listing and this school6.10 miles
Public District Grades PK-5
5
/10
Valley of Enchantment Elementary School
22836 Fir Ln
Distance between this listing and this school7.48 miles
Public District Grades PK-5
Nearby Schools
3
/10
Mary Putnam Henck Intermediate School
730 Rhine Rd
Distance between this listing and this school2.20 miles
Public District Grades 6-8
3
/10
Serrano Middle School
3131 Piedmont Dr
Distance between this listing and this school8.20 miles
Public District Grades 7-8
2
/10
Del Vallejo Leadership and STEAM Academy
1885 E Lynwood Dr
Distance between this listing and this school8.78 miles
Public District Grades 6-8
Nearby Schools
1
/10
Mountain High School
27614 Hwy 18
Distance between this listing and this school2.57 miles
Public District Grades 9-12
7
/10
Rim of the World High School
27400 Highway 18
Distance between this listing and this school2.64 miles
Public District Grades 9-12
4
/10
Entrepreneur High School
26655 Highland Ave
Distance between this listing and this school8.92 miles
The neighbors living near this home have an average income of $83,882. Typical income of Lake Arrowhead, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 28787 Cedar Dr
What is the listing price of this property?
The listing price of 28787 Cedar Dr property is $475,000.
What type of property is this?
The property 28787 Cedar Dr is land located in Lake Arrowhead, California, 92352.
Is this property for sale now?
Active Listing: 28787 Cedar Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $652 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 16, 2012 for $85,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 28787 Cedar Dr in Lake Arrowhead, CA and zip code 92352. This home sits on a 0.27 acre lot. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $475,000.
In November 2024, from all listings sold in Lake Arrowhead, CA there were more than 15 sold above asking price, over 39 sold below and more than 11 were sold right at the asked price. In November 2024 in Lake Arrowhead, CA there were 1% more homes for sale than in October 2024. In November 2024 median list price was $484,000 and the average listing age was 83 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
PGA/LPGA
PGA/LPGA
NASCAR
Skiing/snowboarding
Stein Mart
Dollar General
BJs Wholesale Club
Bob Evans
Cracker Barrel
Panera
Lincoln
Ram
Infiniti
News/Talk/Information
Classic Country
Adult Hits