The 26th Big Bear lakefront home sale of 2012 was 41998 Eagles Nest Drive in Eagle Knoll Estates, a 3 bedroom, 2.5 bath, 2492 square foot true log home with a two car garage built in 2000 all on a flat, easily accessible 10,200 square foot lot.
This home originally listed on April 15th of 2011 for $1,150,000. The sellers lowered their list price to $999,000 this summer and closed escrow just this week at $980,000. At $393 per square foot, this home sold above the 2012 average price per square foot for lakefront properties of $368 and median of $391.
This home is located in Eagle Knoll Estates, an upscale, well-kept gated community located on the eastern most end of the lake. Although this end of the lake is relatively shallow water, there is room to move one's dock out as far as is necessary when water levels drop.
The home itself is in pristine condition. Built by a reputable log home builder, the floor plan and finish work of this home has the clean mountain feel that is desirable to most Big Bear home buyers. With high vaulted ceilings and a prowed wall of windows facing the lake, this home had an impressive roomy feel with beautiful views of the north shore mountains.
With the beginning of October marking the end of the third quarter of 2012, there have already been 10 more lakefront sales than we had for the entirety of last year. With one quarter left to go in 2012, it is likely we will more than double last year's sales by the end of 2012. To say that the Big Bear lakefront real estate market has picked up would be considered by many to be an understatement.