“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Mike Wochner, Big Bear Lake Real Estate Agent

Big Bear Lake Fishing Tournaments in May (2009)

Grab your fishing poles.....we've got 2 fishing tournaments this May in Big Bear Lake.

Rainbow Trout

The 27th annual Jim Hall Memorial May Trout Classic is May 16 and 17th. The Fishing Association of Big Bear Lake sponsors this tournament and gives out nine cash prizes (1st place=$2025). Applications are available at Big Bear Sporting Goods, Big Bear Marina, and the Big Bear Municipal Water District. All proceeds from the Trout Classic are used to provide fish plants, artificial habitat structures, conservation projects, and monthly tournaments for designated species. Entry fee is $50 but free for children ages 5-15 when fishing with a paid entrant. For more information or to register call Jacque Hall at 909-585-4007.

"The Catch": Entries are limited to the first 425 anglers. The Big Bear Grizzly Newspaper reported that as of April 18th, The Fishing Association had received 392 entries...so hurry before it's too late!

Fishin for $50k Banner

Fishin' for $50k is back this year after a 3 year hiatus on May 30 and 31st. The Big Bear Lake Resort Association, the Municipal Water District, Big Bear Marina, Holloways Marina, Pleasure Point Marina, Pine Knot Landing, Capt. John's Marina, Berkley, PowerBait, Rapal, Luhr-Jensen and Flambeau all sponsor this event. There's a total of 10 tagged trout with various prizes. Whoever reels in the grand prize tagged trout receives $50,000! **Entry Fee is $35 for adults over the age of 16, and $20 for entrants under 16 years old. Entries are limited to the first 750 anglers. **If you book your stay between May 29th and May 31st through the Big Bear Lake Resort Association, you are eligible for free admission into the tournment. Call 800-424-4232 for more information or click here to make your reservation.

"The Catch": There's only 1 trout that is eligible for the $50k grand prize. The other 9 officially tagged trout will have numbers assigned to specific prizes. I don't see where there is any prize for the heaviest stringer or the largest trout. So make sure you know the rules before casting your line on the shore, or before you jump in your boat, kayak, canoe or float tube.

For more information on Lake Events in Big Bear or to learn more about the Big Bear Lakefront Market visit:

www.bigbearlakefrontinfo.com

The Big Bear Bridge Project Groundbreaking Ceremony

Big Bear Dam photo

Construction on the Big Bear replacement bridge along Highway 18 will begin this Spring, but there is a groundbreaking ceremony this Thursday (March 11) at the PAC (Big Bear Lake Performing Arts Center). Officials from Caltrans, the City of Big Bear Lake, San Bernardino County, the Big Bear Chamber of Commerce, and the Fawnskin Chamber of Commerce are all expected to attend. The event is open to the public and starts at 11am. FCI Constructors, Inc. will be in charge of the $39 million project which will replace the existing bridge with a new structure on the south side of the dam. It will have 3 lanes (12 feet wide) as opposed to two. One westbound lane will have a right turn option, 10' shoulders, and a 5 foot ADA (American Disabilities Act) compliant sidewalk on one side of the bridge. Caltrans states that most of the construction will take place during the week, with no detours or closures planned. They emphasized that the project is needed to separate the highway from the dam, in order to allow owners of the dam to make seismic and operational improvements and ensure year-round access to the Big Bear region. Estimated completion date is suppose to be in the Fall of 2011. For more information regarding the project, or to avoid any traffic delays you can sign up for project alerts at www.caltrans8.info and go to CT Connect.

Big Bear Dam

Related Articles:
Caltrans awards contract for Big Bear Bridge (Big Bear Grizzly, 12/3/2008)
Lane closure expected as $39 million Big Bear Bridge project begins (Inside SoCal 2/5/2009)
Project to replace, widen bridge at Big Bear Dam (Press Enterprise, 2/6/2009)
Big Bear Bridge Groundbreaking Tomorrow (Rim of the World, 3/4/2009)
Big Bear Dam Party & You're Invited (Fawnskin Flyer)
Bridge Groundbreaking Ceremony set March 5 (Big Bear Grizzly, 3/4/2009)
Let's Build a Bridge: Local officials come together for groundbreaking ceremony for the Big Bear Bridge (KBHR, 3/6/2009)

Also posted at www.bigbearlakefrontinfo.com

39815 Lakeview Drive Big Bear Lake California 92315

Photo Gallery
Description
Single story, 3 bedroom, 1 bath home on a huge lot with room to expand. Lots of charm with knotty pine walls, knotty pine cabinets, Native Stone fireplace, large bedrooms, and a large laundry room. Owner recently put in dual pane Milgaurd windows and new forced air unit.
Features
Bedrooms: 3
Bathrooms: 1
Year Built: 1961
Lot Size: 16560
Garage Size: 2 Car
School District: Bear Valley Unified
Square Footage: 1800
Agent Name: Mike Wochner
Broker: Coldwell Banker, Mountain Gallery Realtors
MLS #: 282536
Location
Powered by vFlyer.comvFlyer Id: 2013785

What's the Annual Precipitation in Big Bear Lake?

Wondering how much snow/rain Big Bear Lake gets each and every year? Below is a spreadsheet provided by the Big Bear Municipal Water District breaking down the monthly precipitation over the past 26 years. The average annual precipitation is roughly 36.35" per year but it's amazing to see the how much it varies from year to year (I've highlighted the 5 biggest years). Wouldn't it be nice if this winter was similar to 1993?

Chart Provided by the Big Bear MWD

Every year, our local radio station KBHR (93.3FM) has the "KBHR Snowfall Sweepstakes", where the object is to predict the time and date of the first 9.3 inches of snow accumulation. Some years it happens early and some years you wonder if we'll ever get 9.3 inches of snow! There's lots of fun prizes (usually a snow blower, an annual ski pass, etc). So enter today. You can go to the following participating businesses and fill out a form:



Lets all hope the snow falls and falls often this winter!
Home in High Timber Ranch with LOTS OF SNOW!


Originally Posted on www.bigbearlakefrontinfo.com

A Look Back at Lakefront Sales over past 6 Years in Big Bear Lake California

Today I decided to take a look at sales trends over the past 6 years to see if anything interesting popped out. Below are sales reported by our MLS from 2003 through 2008. I've listed number of homes sold, average days on market, average list price, average sales price, median sales price, and sales price to list price ratio for each year.

2003 Lakefront Sales

2003

Number of Homes Sold: 22

Average Days on Market: 96

Average List Price: $898,584

Average Sales Price: $845,068

Median Sales Price: $703,750

Sales Price/List Price: 96%

2004 Lakefront Sales

2004

Number of Homes Sold: 23

Average Days on Market: 118

Average List Price: $935,086

Average Sales Price: $904,208

Median Sales Price: $824,500

Sales Price/List Price: 96%

2005 Lakefront Sales

2005

Number of Homes Sold: 43

Average Days on Market: 101

Average List Price: $1,272,536

Average Sales Price: $1,213,295

Median Sales Price: $1,025,000

Sales Price/List Price: 97%

2006 Lakefront Sales

2006

Number of Homes Sold: 34

Average Days on Market: 127

Average List Price: $1,519,585

Average Sales Price: $1,391,191

Median Sales Price: $1,100,000

Sales Price/List Price: 92%

2007 Lakefront Sales

2007 Lakefront Sales

Number of Homes Sold: 20

Average Days on Market: 132

Average List Price: $1,523,836

Average Sales Price: $1,438,973

Median Sales Price: $1,420,000

Sales Price/List Price: 94%

2008 Lakefront Sales

2008

Number of Homes Sold (from January to November 10): 13

Average Days on Market: 190

Average List Price: $1,459,453

Average Sales Price: $1,307,230

Median Sales Price: $1,350,000

Sales Price/List Price: 90%

Things that stick out to me

Obviously there's a big drop off in sales in 2008. That is expected. Sales Price/List Price ratios have also dropped which is expected with so many homes on the market. Days on Market has increased with Supply. What's interesting to see is that sales prices haven't dipped like the rest of the market. We've seen depreciation of approximately 20-30% throughout the valley but the lakefront market has been relatively stable. Click here to read a recent article regarding lakefront homes by Tyler Wood who also works at Coldwell Banker.

Originally Posted at www.bigbearlakefrontinfo.com