One of the nicer lakefront listings that I have had the opportunity to represent, 38833 Waterview Drive, just closed escrow for $2,600,000 at a record $591 per square foot. This is the highest price per square foot of any comparable lakefront home to have sold. This property received multiple offers and sold after 101 days on market and 45 days of escrow.
A premier 5 bed, 5.5 bath log style custom home, this property was as impressive inside as it was outside. With soaring ceilings, a functional, open floor plan, and with upgraded features and amenities, this house was everything you'd expect in an exclusive lakefront estate.
But it was the exterior which really set this home apart. Its features included a sand beach with built-in barbeque, paver pathways, tile stairs, custom landscaping including sconce and malibu lighting, an impressive variety of native trees and plants including hundreds of flower bulbs, and a top quality mahogany dock with canopy.
The fact that there were multiple offers in the 2M+ price range on this property is once again an encouraging sign that the upper-end market on the lake will remain strong this year. After 3 years of no sales over 2M dollars, last year saw 5 such sales and this sale suggests that the momentum in the high-end lakefront market has not been lost.