With the economy on the mend, it's no surprise that billionaires are willing to drop top-dollar in pricey ski towns like Aspen. But even in drought-stricken markets like Big Bear, California, home prices and the average price per square foot continue to rise. Bolstered by Mammoth Mountain's recent acquisition of Bear Mountain and Snow Summit, the Big Bear region is bracing for an influx of cash and development. First up? Connecting the two neighboring ski resorts. With a slew of luxury hotels and new restaurants predicted to follow, and cash-flush clientele from nearby Los Angeles looking to buy, the Big Bear real estate market is officially hot. According to listing agent Grant Gerhart, there were zero $2 million-and-above sales in 2013. In 2014, there were six, and 2015 looks to be even bigger. In honor of this revival, Curbed Ski takes a photo tour of seven Big Bear properties currently on the market ranging from $2 million to just over $4.2 million.
↑ 39363 Aurora: With 180 feet of lake frontage, this 6,350-square-foot home with Big Bear's priciest ask is as much about location as size or design. Listed at $4,298,000, if the 5-bedroom, 4-bath property sold anywhere close to $4 million, it would be Big Bear's biggest sale in years.
↑ 42143 Switzerland Dr: Nestled into the trees and backing a National Forest, this 7-bedroom, 7-bath house sits on a large, 2.74 acre lot and wants $3,250,000. Compared to most of ski country, the home's 8,027 square feet is a steal at only $405 per square foot, and there are custom upgrades galore.
↑ 806 Boulder Rd: A waterfront property asking $2,750,000 for its 4 bedrooms and 6,321 square feet, this home home boasts quite the lake views. The interior? Well, we're not really sure what's going on there.
↑ 38948 Waterview: Not all multi-million dollar homes are beautiful, and while the exterior of this $2,500,000 lakefront property is charming, the interior is in dire need of a makeover. That's probably why this 5-bedroom, 3-bath house plagued by wood paneling has been on the market since July 2014.
↑ 990 Fenway Dr: Asking $2,395,000, this 41-acre property boasts 7 bedrooms and 7 baths and 6,500 square feet. The design and decor are definitely stuck in 1999, but there's a lot of value in listing this large.
↑ 218 Avon Ct: A brand new 4 bedroom currently under construction, this 4,300 square foot house wants $2,250,000 for its lakefront location. Other amenities include two master suites, a game room, a small wine room, elevator, and outdoor gas fireplace.
↑ 251 N Eureka Dr: At $2,200,000 for 5 bedrooms and 6 baths, this lakefront property on .51 acres is a steal at only $390 per square foot. But the money you save on the purchase price will need to be spent on renovating the 1990 relic.
· Big Bear Is Waking Up: Buy Your Own Lodge in the Mountains [Realtor]
· Lack of Snow Prompts Statewide California Water Restrictions [Curbed Ski]
· The Whole Story Behind That Surreal California Drought Photo From the New York Times [Curbed LA]
· Inside the High-Dollar Fight to Save California Skiing [Curbed Ski]
· Forecast For 21st Century LA: Average Rain, Way Less Snow [Curbed LA]