655 Cove Drive, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 6 bed, 7 bath

655 Cove Drive, Big Bear Lake, California 92315 home-pic-0
ACTIVE$5,250,000
655 Cove Drive, Big Bear Lake, California 92315
6Beds
7Baths
5,700Sqft
10,800Lot

Price Vs. Estimate

The estimated value ($5,250,000) is $0 (0%) lower than the list price ($5,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unrivaled Lakefront Access & Amenities: Boasting 185 feet of private lakefront, a private dock, and two boat slips, this property offers exceptional and direct access to Big Bear Lake, a rare and highly sought-after feature.
Top Cons:
Potential for Dated Elements: Built in 1991, while featuring custom and luxurious amenities, some aspects of the property, if not recently updated, might not align with the absolute latest luxury design trends or technologies.

Compared to the nearby listings

Price:$5.25M vs avg $640.0K (+$4,610,050)100%
Size:5,700 sqft vs avg 1,738 sqft99%
Price/sqft:$921 vs avg $39699%

More Insights

Built in 1991 (34 years old).
Condition: Built in 1991, this lakefront home presents as move-in ready with no immediate renovations required. The kitchen boasts custom granite counters and dual stoves, indicating high-end features and likely updates. Bathrooms feature dual vanities, tiled floors, and glass-enclosed showers, all appearing well-maintained and functional. High-quality finishes like hardwood floors and wood-paneled ceilings are in excellent condition. While the aesthetic leans traditional/rustic, it is consistently luxurious and does not appear outdated in a way that necessitates immediate upgrades. The property's extensive amenities and meticulous upkeep suggest significant investment and maintenance, aligning with the 'Good' condition criteria.
Year Built
1991
Close
-
List price
$5.25M
Original List price
$5.25M
Price/Sqft
$921
HOA
$1,000
Days on market
-
Sold On
-
MLS number
RW24252968
Home ConditionGood
Features
Excellent View: Lake, Mountain(s), Trees/Woods
Deck
ViewLake, Mountain(s), Trees/Woods

About this home

This one-of-a-kind lakefront home sits on .25 acres nestled between Boulder Bay and Papoose Bay. With 185 feet of lakefront, a private dock, two boat slips, and beautiful landscaping, this home is designed for privacy and lakeside living. All 6 bedrooms have amazing lake views, with the primary suite featuring a panoramic view of Papoose Bay and its own private deck. Multiple decks around the house make it easy to relax and soak in the lake and mountain views. The open floor plan is full of natural light. High ceilings, skylights, and floor-to-ceiling windows enhance the space. The great room features a massive stone fireplace and a hand-carved wet bar, while the chef’s kitchen offers custom granite counters, dual stoves, and a walk-in pantry. Downstairs, the home splits into a left wing with two bedrooms and a right wing with two more bedrooms... separated by a very large family room. This level also includes a wine cellar and a large sunroom housing an indoor jacuzzi. An oversized two-car garage and heated driveway offer added convenience... with a service elevator from the garage to the basement. The basement is fully equipped with ample storage for kayaks and water gear, a very large storage room, and a full-house reverse osmosis water system. Well-insulated, this home is energy-efficient year-round. A security system with remote access provides peace of mind... completing this exclusive Big Bear Lake retreat... ideal for those seeking both privacy and luxury.

Condition Rating
Good

Built in 1991, this lakefront home presents as move-in ready with no immediate renovations required. The kitchen boasts custom granite counters and dual stoves, indicating high-end features and likely updates. Bathrooms feature dual vanities, tiled floors, and glass-enclosed showers, all appearing well-maintained and functional. High-quality finishes like hardwood floors and wood-paneled ceilings are in excellent condition. While the aesthetic leans traditional/rustic, it is consistently luxurious and does not appear outdated in a way that necessitates immediate upgrades. The property's extensive amenities and meticulous upkeep suggest significant investment and maintenance, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Unrivaled Lakefront Access & Amenities: Boasting 185 feet of private lakefront, a private dock, and two boat slips, this property offers exceptional and direct access to Big Bear Lake, a rare and highly sought-after feature.
Panoramic Lake & Mountain Views: Every one of the six bedrooms, including the primary suite, offers amazing lake views, with multiple decks designed to maximize enjoyment of the stunning lake and mountain vistas.
Luxurious & Spacious Interior Design: The home features an open floor plan, high ceilings, skylights, floor-to-ceiling windows, a chef's kitchen with dual stoves, a wine cellar, and an indoor jacuzzi, all contributing to a grand and comfortable living experience.
Exclusive & Private Location: Nestled between Boulder Bay and Papoose Bay on a generous .25-acre lot, the property is specifically designed for privacy, offering an exclusive and serene Big Bear Lake retreat.
Premium Practical & Comfort Features: Conveniences such as an oversized two-car garage, heated driveway, service elevator, full-house reverse osmosis water system, and a security system enhance comfort, functionality, and peace of mind.

Cons

Potential for Dated Elements: Built in 1991, while featuring custom and luxurious amenities, some aspects of the property, if not recently updated, might not align with the absolute latest luxury design trends or technologies.
High Ongoing Maintenance & Operating Costs: The extensive list of luxury amenities, including a private dock, heated driveway, indoor jacuzzi, and full-house RO system, implies substantial ongoing maintenance, utility, and insurance expenses.
Absence of Explicit Cooling System: The description emphasizes insulation for year-round energy efficiency but does not mention a central air conditioning system, which could be a desired comfort feature for some buyers during warmer periods.

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