789 Cove Drive, a 4 bedrom, 2.5 bathroom, 1716 square foot completely remodeled lakefront cabin sold after having spent just one day on the market making it the 15th lakefront home to sell in 2013. Situated on an 18,000 square foot lot, this waterfront home is in a wind-protected, deep water location in a vintage, upscale area on the lake.
Listed at $1,040,000, this home sold at that price and was purchased with cash. Selling at $606 per square foot, this home closed at well above the 2013 average price per square foot of $433 for lakefront homes in Big Bear.
With a few weeks of summer still left, we are still seeing an increase in buyer interest for lakefront properties. With only 19 lakefronts currently on the market and with buyer demand continuing to increase, we are seeing prices appreciate as buyers are willing to pay top dollar when they finally find the lakefront home that meets their wants and needs.