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483 Emerald
About This Property
Bear Dance - A Mountain Retreat with Stunning Lake & Mountain Views
Welcome to "Bear Dance," a beautifully appointed mountain home offering dramatic views of Papoose Lake and the mountains stretching toward Big Bear. Professionally decorated in a charming Dancing Bears theme, this inviting retreat showcases rich leather, copper, iron, and granite throughout, creating a warm and distinctive mountain ambiance.
This spacious 4-bedroom, 3.5-bath home offers plenty of room to gather, relax, and entertain, with both a comfortable living room and a generous family room. An elevator provides convenient access to all three levels, while three fireplaces add warmth and character throughout the home.
Step outside onto either of the two large outdoor decks, where you can enjoy the beautiful mountain setting, gather around the firepit, and take in spectacular sunsets as the evening light reflects across the mountains. The property is fully landscaped, adding to the inviting outdoor experience.
"Bear Dance" comfortably sleeps 11 and is ideally located within walking distance of Papoose Lake and Lake Arrowhead, with easy access to dining and shopping in Cedar Glen, as well as Tavern Bay Beach Club and the Lake Arrowhead Marina.
For those seeking a truly turnkey mountain getaway, the home may be purchased with all furnishings, subject to the seller's inventory.
Come enjoy the views, the sunsets, the lakes, and the special mountain character of Bear Dance. Welcome home!
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Price Decreased |
$1,340,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Aug 15, 2026 | Listed by Windermere Real Estate | $1,390,000 | |
| Listed by Windermere Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017