Lakefront Prices
Lakefront properties are priced considerably higher than residential land, though very few lakefront homes come up for sale, according to Newbold. Those that do are sold before they hit the market, he said. Comparing "average" sales prices for lakefront homes is difficult. The Multiple Listing Service reported only two lakefront home sales in 1995--with an average price of $272,500 each. Lakefront homes on one-acre lots currently advertised for sale by owners in the Seeley Swan are priced over $300,000, according to local real estate agents.
