
Lake Arrowhead, California 92352
This Mountain Retreat is a High-Potential Investment Opportunity, listed at $1,390,000—positioned above the $1,296,200 Fair Market Value. While the property carries a Fair Condition Rating due to dated finishes, it offers unique architectural assets including a three-level elevator, panoramic lake and mountain views, and two expansive decks. The home’s turnkey potential and proximity to the Lake Arrowhead Marina make it a compelling choice for Buy-and-Hold Investors or Owner-Occupants seeking a distinctive, high-altitude lifestyle property with significant long-term appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 483 Emerald Subject | $1,390,000* List Price | 4 | 4 | 3,416 | $379 | - |
A 1184 Acadia Pending | $1,450,000 List Price | 6 | 5 | 4,397 | $330 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the home is well-maintained but features original dated finishes, including tile countertops and 90s-style knotty pine cabinetry in the kitchen and baths. Per the criteria, properties over 20 years old without recent renovations are classified as fair.
The property boasts dramatic, unobstructed views of Papoose Lake and the mountains, complemented by two expansive decks and a firepit, perfect for taking in spectacular sunsets.
A rare and highly desirable three-level elevator provides effortless access to all floors of this 3,416-square-foot home, making it ideal for multi-generational use or those with mobility concerns.
Professionally decorated with a charming mountain theme and offered with the option to purchase fully furnished, this home is a ready-to-use investment or vacation getaway.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The specific 'Dancing Bears' theme and heavy use of rustic materials like copper and iron may not appeal to buyers seeking a modern or neutral aesthetic, potentially requiring cosmetic updates.
While the elementary school is nearby, the middle and high schools are located several miles away and the local elementary school carries a lower rating, which may be a drawback for full-time families.
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!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-5 • 5.7 mi
Grades K-5 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,416 | 2,015.827 |
| Lot Size | 11,165 | 10,163.827 |
| Price | $1.39M | $655.9K |
| Price per sq ft | $407 | $341 |
| Built year | 1998 | 1980 |
| HOA | $0 | $544 |
| Days on market | 25 | 78 |
Aug 15, 2026
$1,390,000
Initial Listing
Jan 31, 2011
$512,500
Public Record
Mar 29, 2007
$995,000
Public Record
Jun 17, 1998
$530,000
Public Record
Sep 27, 1996
$50,500
Public Record
Aug 15, 1994
$43,500
Public Record
Oct 18, 1993
$150,000
Public Record