Recent Lakefront Sale: 392 Gibralter, Big Bear Lake Closes Escrow


This nicely refurbished 3 bedroom (or 2 plus huge game room with wet bar) 2 1/2 bathroom lakefront home recently closed escrow.  Vaulted ceilings.  Redwood decking.  New paint inside and out.  New flooring.  Dock slip.  2 car attached garage on a 8525 square foot lot.  Built in 1981, this conventional floor plan covers 1560 square feet with washer/dryer hook ups, and a rock fireplace in the living room.  Expansive lake views.  Centrally located. 

Closed escrow on July 14, 2008 for $850,000.  This property was only on the market for 3 days.  It was listed for $875,000 and the seller ended up getting an acceptable offer within 3% of their ask price.   It is interesting that despite the negative news regarding the finanicial markets and the real estate market, buyers are still making offers on quality properties and sellers are getting close to their ask price (as long as they price their homes agressively).  This was the ninth property along Big Bear Lake to close escrow this year. 

For a current list of lakefront properties for sale in Big Bear click here, or if you would like information about past sales along the lake click here.


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