1632 Vela Cove

1632 Vela Cove is one of the largest waterfront homes currently available in Clipper Estates and remains one of only four active neighborhood listings priced below $200 per square foot. Built in 2016, it offers an exceptional combination of newer construction, generous living space, and substantial boating infrastructure. Located behind the gates of Vela Cove, this two-story home features soaring ceilings, an open living layout, formal dining room, dedicated office, bonus room, and a spacious kitchen with stainless Thermador appliances and a large center island. An automated irrigation system adds convenience for lawn and landscape maintenance. The waterfront setup is designed for serious boating, with an outdoor kitchen, dock, boat hoist, fishing pier, and covered boathouse designed to accommodate up to approximately a 45-foot boat. A new vinyl bulkhead provides enhanced durability and longevity compared with traditional wood. Situated on an oversized corner lot, the property also offers excellent curb appeal and a large garage with room for two vehicles plus a golf cart. Enjoy direct access to Lake Pontchartrain while remaining just minutes from I-10, shopping, dining, and everyday conveniences. The current flood insurance policy is assumable at approximately $1,162 annually, the lowest disclosed premium among the active neighborhood competition. Buyer incentive available: up to $1,800 toward closing costs or an interest-rate buy-down when using Revolution Mortgage. Preferred lender is optional. Terms and qualification requirements apply.