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Originally Posted by Bear Islander
The lake has 282 miles of shoreline. If you estimate one home every 300' that is almost 5,000 homes.
If the average value is $300,000 that comes to 1.5 Billion dollars.
Estimates are my own.
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I would think that on average 300' of frontage may be a bit much and $300k per place (what on the mainland is waterfront at $300k these days other than some condos?) may be a bit low but I think that we all agree it is a lot of $$$$ !