88 Brown Bear Way
About This Property
privacy and low maintenance. The home is equipped with a Generac generator to provide continuous power for your peace of mind. Enjoy your morning coffee and sip wine at sunset from your favorite spot on the wrap-around open-air deck that provides breathtaking views of the sweeping vistas, peaks and valleys. A covered deck/porch greets and welcomes you before entering the home. Step inside the front door to be impressed by the natural beauty of the tongue-and-groove, white pine cathedral ceiling, and the great room gas log, stone fireplace, flanked by overhead windows and glass paned doors on either side that lead to the open-air deck and the amazing panoramic views beyond. A perfect place for entertaining and gathering, the open concept main
level allows ample space for interaction among friends and family. The kitchen is equipped with Corian countertops and beautifully crafted, custom shaker-style cabinets. The laundry/mud room and pantry area, adjacent to the kitchen, provides sought-after additional storage. The split-plan bedrooms boast ensuite bathrooms. The primary suite is a true sanctuary with elegant French doors leading to the bubbling hot tub that, again, captures the amazing mountain views. The primary ensuite includes a large walk-in closet as well as a spacious bathroom with a custom-tiled, walk-in shower and a beautiful claw-foot cast iron soaking tub. The main-level guest suite shares the same picturesque views. The terrace lower level provides additional living/flex space, an under-stair closet, a third bedroom, a separate bathroom, and access to the 2.5 car garage. The oversized, DETACHED, 2-car garage, studio/ADU and bath, with stand-up attic space above, allows additional living and storage space. The French doors of the studio lead to a private lawn – a true secluded oasis. The Generac generator, two leased propane tanks, a private well with pressure tank and water filtration system, ensures
your comfort throughout the year. Don't miss this opportunity to enjoy your own private mountain paradise. Schedule your showing today! Furnishings negotiable. This property experienced NO DAMAGE during Hurricane Helene.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$799,000
↓ $21K
(2.6%) | |
| Price Decreased | |||
| Sep 29, 2025 | Listed by Howard Hanna Beverly-Hanks Waynesville | $820,000 | |
| Listed by Howard Hanna Beverly-Hanks Waynesville | |||
| Jul 11, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017