38824 Waterview Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 5 bed, 6 bath

38824 Waterview Drive, Big Bear Lake, California 92315 home-pic-0
ACTIVE$4,999,999
38824 Waterview Drive, Big Bear Lake, California 92315
5Beds
6Baths
5,302Sqft
12,676Lot

Price Vs. Estimate

The estimated value ($4,957,554.71) is $42,444.29 (0%) lower than the list price ($4,999,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Deep Water Lakefront Location: The property boasts a 'RARE FIND' deep water lakefront location near the highly desirable 'INSPIRATION POINT,' signifying a premium and sought-after position on Big Bear Lake.
Top Cons:
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $5.8M to $4.999M, which may indicate it was initially overpriced or has faced challenges in attracting buyers at its previous asking price.

Compared to the nearby listings

Price:$5.00M vs avg $640.0K (+$4,360,049)100%
Size:5,302 sqft vs avg 1,738 sqft99%
Price/sqft:$943 vs avg $39699%

More Insights

Built in 1999 (26 years old).
Condition: Built in 1999, this property has undergone an extensive, high-quality renovation, making it virtually new in terms of condition and style. The kitchen is a highlight, featuring top-of-the-line Miele appliances (including a steam oven, 8-burner range, large fridge/freezer, and two dishwashers), imported Italian cabinetry, and a brand new Caesar Stone bar. The entire home boasts modern tile flooring, new windows, new sliding doors, contemporary light fixtures, and updated fireplaces, all indicating a recent and comprehensive overhaul within the last 5 years. All components meet current quality standards with no deferred maintenance.
Year Built
1999
Close
-
List price
$5M
Original List price
$5.8M
Price/Sqft
$943
HOA
-
Days on market
-
Sold On
-
MLS number
IG25012365
Home ConditionExcellent
Features
Excellent View: Lake
Deck
ViewLake

About this home

WOOOOOOO, "RARE FIND" NEAR THE TIP OF INSPIRATION POINT, SPECTACULAR DEEP WATER LAKEFRONT!!! Distinguished with craftmanship and quality, this deep water lakefront is located in one of the best points in the whole valley-INSPIRATION POINT. As you walk in, the views from the great room are best explained as “SPECTACULAR”!!!! This home features 5 bedrooms, each with its own bathroom plus a half bath for guest on the main level. You are surrounded by lake views as you walk around this incredible home. This home has the QUALITY meaning at its highest level!!!! Every inch of this incredible lakefront has been carefully thought after. Among the features: Tile in the entire home, including the stairs ~ Tile on the entire wall in the living room with Lava Stone tile ~ 83 inch TV with a new fireplace, mantle and Sonos soundbar ~ Brand new Caesar Stone bar for 6 seats ~ Bar area also offers a sink, commercial ice maker, wine/bar fridge, and cabinets imported from Italy ~ In the dinning room you find a new flat bay windows and a brand new sliding door to the deck ~ This magnificent kitchen offers a 12 foot tiled island with seating for 5 featuring ample storage, second oven, 2 Meile dish washers, water filter, two refrigerator drawers and a second warming drawer, this luxury kitchen also offers the largest Mile range including a steam oven and microwave, 8 burners, vent with lighting and a warming drawer ~ Kitchen also presents the largest Miele fridge and freezer with cabinets imported from Italy. There is too much to list!

Condition Rating
Excellent

Built in 1999, this property has undergone an extensive, high-quality renovation, making it virtually new in terms of condition and style. The kitchen is a highlight, featuring top-of-the-line Miele appliances (including a steam oven, 8-burner range, large fridge/freezer, and two dishwashers), imported Italian cabinetry, and a brand new Caesar Stone bar. The entire home boasts modern tile flooring, new windows, new sliding doors, contemporary light fixtures, and updated fireplaces, all indicating a recent and comprehensive overhaul within the last 5 years. All components meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Deep Water Lakefront Location: The property boasts a 'RARE FIND' deep water lakefront location near the highly desirable 'INSPIRATION POINT,' signifying a premium and sought-after position on Big Bear Lake.
Spectacular Panoramic Lake Views: Offering 'SPECTACULAR' views from the great room and being 'surrounded by lake views' throughout the home, this property maximizes its prime waterfront setting.
Luxurious & Fully Equipped Kitchen: The magnificent kitchen features a 12-foot tiled island, high-end Miele appliances (including a large range with steam oven, 8 burners, large fridge/freezer, 2 dishwashers), a second oven, warming drawer, and imported Italian cabinets, catering to gourmet cooking and entertaining.
High-End Entertainment Bar: A brand new Caesar Stone bar with seating for 6, a sink, commercial ice maker, wine/bar fridge, and imported Italian cabinets provides a sophisticated space for entertaining guests.
Extensive Interior Upgrades & Quality Finishes: The home showcases significant recent upgrades and high-quality finishes, including tile throughout, a Lava Stone tile wall in the living room, a new fireplace with Sonos soundbar, new bay windows, and a brand new sliding door to the deck, emphasizing superior craftsmanship.

Cons

Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $5.8M to $4.999M, which may indicate it was initially overpriced or has faced challenges in attracting buyers at its previous asking price.
Limited Mention of Outdoor Lakefront Amenities: Despite its 'deep water lakefront' status, the description provides limited details on crucial outdoor amenities such as a private dock, boat slips, or extensive outdoor living spaces beyond a deck, which are highly valued features for luxury lakefront properties.
Absence of HVAC/Cooling System Details: For a luxury home built in 1999, the lack of explicit mention of a central air conditioning system or other advanced climate control features could be a potential drawback for buyers, especially during warmer seasons.

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