38878 Waterview Big Bear Lake CA 92315
38878 Waterview Drive Big Bear Lake California 92315
This was a rare opportunity to own a classic lakefront cabin on nearly one acre of land (.94 acres). 90 feet of lake frontage near Inspiration Point, this home was considered a deep water lakefront. Built in 1960, it covered 1352 square feet with 3 bedrooms, 2 baths and a 2 car garage. The home itself wasn’t too impressive….but most of the value was in the land. As a matter of fact, if the new owner wants they can split this parcel into three separate parcels. One can either sell them off individually, or build on each lot and have a family compound. The seller also had plans for a 528 square foot game room in the build up area.
Closed escrow on October 8, 2008 for $1,375,000. It was on the market for 107 days and the buyer paid cash. The seller ended up getting 81% of the asking price of $1,695,000. The most interesting part about this sale is the fact that it sold in March of 2008 for $1,550,000! Apparently, the seller found another home on the same street that they liked more so they put this property back on the market.
List Price: $1,695,000
Sales Price: $1,375,000
List Price/Sales Price: 81%
Days On Market: 107
Sales Date: 10/08/2008
Sold Price Per Square Foot: $1017
Waterview Living room
Waterview Bedroom
Waterview Kitchen
