Off-season lakefront sales keep moving along with the third waterfront property of the year closing escrow this past week. 39124 Waterview Drive is a 1674 square foot 4 bedroom, 2 bath classic 1948 cabin built on a spacious 23,408 square foot lot in the desirably vintage Waterview area of Big Bear Lake. This property also featured an additional detached 2 car garage with a studio guest apartment below it.
Listing at 1.2M, this Big Bear lakefront home had multiple offers and sold for $1,050,000 after 243 days on market at $627 per square foot and at 87.5% of list price. Keep in mind that the lofty price per square foot of this sale is due primarily to the significant lot value as this home was situated on over a half-acre in a prime, desirable area on the lake. In fact, this purchase is 
seen by many as reflecting lot value only.
With only 14 lakefront homes currently for sale, the supply of Big Bear waterfront properties is quite limited. Due to such short supply and because buyer demand for lakefronts is always high, I would imagine we''ll see the values of lakefront homes continue to appreciate moving forward in 2014.