Archives for June 2016

Lake Wylie, Fort Mill has tons of commercial development on the horizon

Screen Shot 2016-06-30 at 5.08.56 PMDevelopment projects are on the rise in York County, as all different types of businesses are looking to set up shop there. Fort Mill, in particular, has a lot on the horizon, including a new veterinary hospital that would take over an old nursery that wasn’t able to become a landscaping business. Permitting and building plans are in discussion, but no formal plans have been put into motion. Current zoning of the more than six-acre property allows for a variety of land uses, with animal hospitals and veterinary clinics at the top of the list.

Furthermore, a new Fort Mill office or warehouse building is being considered for the corner of Steele Creek Drive and Pleasant Road. Plans are in the works, and the 27-acre property would be the third office park close to the Pleasant Glen subdivision.

There is also a possible national tire and auto shop for the one-acre site at Charlotte Highway and Carroll Cove Road, where there is also a Taco Bell and a Dunkin’ Donuts on the way. Another Dunkin’ Donuts is also planned for Gold Hill Road half way between Pleasant Road and I-77.

County staff also recently met with developers to discuss a proposed preschool in Lake Wylie on a corner lot in the Shoppes at the Landing, which is located at Nautical Drive and Mill Pond Road.

In one of four rezoning requests by the county, a 1500-square-foot grocery store would be rezoned for use as an office and retail outlet for an appliance and repair company. Another of the four rezoning requests would transition 37 acres from residential to business use for the tract of land west of S.C. 160 across from Brayden between Dave Gibson Boulevard and Len Patterson Drive.

For more details on these projects and others, as well as on the continued development of Lake Wylie and Fort Mill, check out the full article at heraldonline.com.

 

Beautifully Updated home: 1526 Andover Road

1526AndoverFrontLindsayDrive down a tree-lined street to arrive at your new home at 1526 Andover Road in desirable Cotswold/Myers Park. A lovely front yard and landscape paver walkway invite you to a charming front porch and beautifully crafted front door.

Open the door and be taken in by the gleaming hardwood floors. Crown molding, chair rail moldings and fireplace draw your eye next. Large windows let in abundant light.

 

1526AndoverKitchenLindsayFollow the hardwood floors around the corner and find yourself in an airy kitchen with plentiful cabinetry, stainless appliances, glass tile backsplash, granite counters and an island. Next to the kitchen is the second fireplace.

The generous master bath features an oversized jetted tub and dual vanities.

This 2,700 square foot home features 3 bedrooms, 2 full baths and one half bath. It was built in 1952 and maintains the charm and character of its age while having all of the modern features you desire.

1526AndoverDeckLindsayPicture yourself lounging on the stunning deck in the private fenced back yard. The large yard is part of the half acre lot and the deck can be accessed from multiple rooms. Towering oak trees provide ample shade for your parties or give you anchor points for a hammock for an afternoon nap.

Right around the corner from Cotswold Village, this home is convenient to shopping, dining and spa services. Just head down Sharon Road and you will be in SouthPark for upscale dining and designer shopping. Uptown Charlotte is just 4.5 miles away making for an easy commute. At 10 miles to the airport, work travel is convenient or a great vacation is just minutes away.

At $779,000 this home is the best of Myers Park and Cotswold combined.

For more information on this home or our waterfront properties in Lake Wylie, take a look at our website, or call 803-831-8588.

Lake Wylie Plans more Outdoor Living

Crowders Creek Park Plan

Crowders Creek Park Plan

A Crowders Creek park plan will be voted on by Lake Wylie residents later this year. June 20th, the York County Council received and finalized a petition to allow a special district vote on the proposed sports complex in Lake Wylie. The special tax district vote will occur with the general election ballot on November 8th. If the plan is approved by the voters, it will result in paying for half of an $8 million sports complex on land owned by York County. The land is along Crowders Creek.

The cost is estimated by park supporters to come in at $16/year on $100,000 home value, or $24/year for $100,000 of commercial property value.

The park would include baseball/softball fields and multi-purpose fields for hosting outside tournaments. It would also include trails and more.

LakeWylieBikeTrailLindsayAdditionally, a community workshop will be held June 27th to come up with a plan to improve bicycle and pedestrian connections throughout the Lake Wylie area. The workshop is hosted by the Rock Hill-Fort Mill Area Transportation Study. It will be a drop-in meeting hosted at the Lake Wylie Public Library.

RFATS hopes the meeting will help identify gaps that could connect existing bicycle or pedestrian paths to encourage people to reduce vehicular traffic on roadways.

These projects could potentially help support current businesses and residents and draw more into the area. Lake Wylie is all about outdoor living and these projects line up with those goals.

It remains to be seen if residents are willing to help fund the park. It will also be interesting to see what the community would like to see out of the bicycle and pedestrian plan. It would be nice if Lake Wylie could be connected by trails to the larger community like is happening in many other cities around the country.

Read more about Crowers Creek Park here.

Read more about Bike Trails here.

A Dream Home for Father’s Day

A Recently Sold Home in Eagle Park

A Recently Sold Home in Eagle Park

This Father’s Day, make his dreams come true by investing in a home of his dreams. What could be better than a home that is close to golfing, tennis, water sports, has a great yard to putter around in and has all of his favorite features? Where can you find all of these things? Eagle Park in Belmont has all of this and more, all within walking distance to downtown Belmont.

The U.S. National Whitewater Center, the Catawba River and just to the South, Lake Wylie are all of the water sports places Dad will need to keep himself in shape and get the vitamin D he needs. He can also mountain bike on the 8.3 mile loop of trails around the U.S. National Whitewater Center.

Dad can choose between Green Meadows Golf Course, or he can play a much more fun round at Purple Planet 3D Mini Golf. He can head to Davis Park for some tennis, or join CrossFit Belmont for some intense circuit training.

He’ll also love going out to the many restaurants, antique shops, pubs and art galleries all just a quick walk away.

Eagle Park is a new neighborhood of traditional single-family homes, cottage style homes and townhomes. The project features parks, trails and green space that both Dad and Mom will love. Builders include David Weekley Homes, Westwood General Contractors and Brookline Homes, LLC.

Pool at Eagle Park

Pool at Eagle Park

The amenities of Eagle Park include a playground, competition pool, clubhouse, fitness center, pocket parks and a bark park for dogs. The community is already strong hosting many weekly events in the clubhouse. The pool includes a splash area for kids as well as relaxation areas for the adults.

In the past year, homes have sold in Eagle Park for between $201,000 and $340,000. As of June 18th there are currently 8 homes on the market in Eagle Park with one under contract. List prices range from $270,000 to $359,900. There are also still opportunities to customize and build a home. So this Father’s Day, give Dad what he really wants, a lifestyle upgrade.

Sellers Market Appears to Stay Strong in Lake Wylie

Toronto-Real-Estate-Stock-MarketYear over year, homes in Lake Wylie are selling in less time, 117 days down from 153 days. This is 23.5% faster than a year ago per the May monthly report released by the Carolina Regional Realtor Association.

Inventory is smaller by 20.2% over the same time last year, down to 376 homes from 471. This appears to bear out the trend we have been following showing the seller’s market staying strong at the current time.

The average sales price in Lake Wylie is $368,003 with the median sales price at $329,172. However, new listings are up by 9.3% year over year with 153 new listings in May. Year-to-date 376 homes have already sold in Lake Wylie up 14% from last year when only 347 homes had been sold by the end of May.

The number of new listings was up again this month from 140 to 153, an increase of 9.3%, as more sellers are listing their homes. The number of homes sold was also up from 91 last year to 109 this year. This represents a 19.8% increase. The continuing trend is significant for both buyers and sellers.

In the City of Charlotte, the trend is still dramatic. Year over year, homes are selling in 86 days down from 97 days last year. Homes within the City are selling for an average of 97.8% of list price up from 96.5% in 2015. There are 1.9 months of inventory down from 3.1 months. There has been a 4.8% increase in new listings as more sellers are taking advantage of the seller’s market. This means there is more demand for less supply driving prices higher.

The entire Carolina MLS Region, which includes parts of South Carolina, the trend is less dramatic, but is showing the same pattern. Year over year, the inventory supply is down while sales price is up, days to close are down and new listings are up. We will have to wait and see how the market changes as the hotter months usually lead to a slow down in the cooler months. Will the sellers continue to have a great market or will the buyers begin to have the advantage? We will have to see what next month’s report has to tell us.

Belmont’s new restaurant has famous roots

Screen Shot 2016-06-12 at 9.28.00 PMBelmont is getting a new restaurant, and not just any restaurant. Pop musicians, The Jonas Brothers, and more specifically their dad, Kevin Sr., will be opening up a restaurant, slated to open tomorrow, June 13, at 11 AM. It will be called Nellie’s Southern Kitchen, named for Kevin’s maternal grandmother, and it will be located at 36 N. Main St. and will feature a lunch and dinner menu with items such as fried chicken, biscuits and gravy, shrimp and grits and housemaid pastries made by Pastry Chef Emily Pentecost. Chef Ben Sholiton, who was most recently a Charlotte catering chef, will be leading the kitchen.

The Jonas family can trace its North Carolina roots all the way back to the 1760s, and had  family members who worked in textile mills from the early 1900s until the late 80s. The family believes approximately 60 relatives are still living in the vicinity. Opening Nellie’s Southern Kitchen is a way to honor the family and also reinvest in Belmont. Belmont is thriving and they want to help bring even more visitors to the town.

The restaurant will occupy approximately 10,000 square feet in a building that had previously been home to an antique and consignment store that was purchased by the Jonas family in 2013. While the menu will focus on comfort food and southern classics, there will also be some lighter and healthier tweaks to some southern staples.

The opening of the restaurant has created approximately 100 full- and part-time jobs. Plans call for the restaurant to offer live music and entertainment as well as delicious food. The restaurant also has plans to offer a fast-casual concept called Nellies Pick Me Up starting June 20.

For more information on the restaurant, visit their Facebook page at www.facebook.com/NelliesSouthernKitchen/.

Fort Mill has a new huge development project on the horizon

Screen Shot 2016-06-06 at 8.10.08 PMFort Mill is undergoing quite a bit of development as 2,900 more homes and apartments are planned along Spratt Street and Fort Mill Parkway. John Spratt, who owns more than 700 acres at the site, presented a plan with partners on Wednesday night to the Fort Mill Town Council to add residential, commercial and recreational space in a new mixed use development there.

The hope is that such land development will be part of the solution to continue to develop and improve Fort Mill, and it will contribute to securing its future. The plan would take over approximately 688 acres along the bypass. The land there would be rezoned from light industrial to mixed use in the town. Another 23 acres currently zoned for residential use would be rezoned to mixed use. Then a development agreement would allow for up to 1,700 single-family homes, up to 1,200 “other residential” units, between 250,000 and 500,000 square feet of commercial space, more than 60 acres of park and recreation space, more than 60 acres of open space and approximately three acres to expand the nearby wastewater treatment plant.

The plan would not happen overnight, as a 20-year buildout is anticipated with the hopes of selling the land to a developer in early 2017. This huge and record-breaking development project could potentially bring about 900 more new residences than is currently provided by the Massey and Waterside subdivisions combined.

As a means for controlling traffic and a need for more schools with so many new residences, the planning commission is recommending to require at least 15% of the residences be age restricted to seniors.

Town Council will have the final say on the annexation of the land, the rezoning and development agreement at a public hearing expected to take place on June 13.

Previously proposed large residential projects met with opposition because rezoning without  annexation would impact the town without providing tax revenue. This proposal, however, is different, as the largest part of the project is zoned light industrial, therefore not allowing for residential use. However, there is still some proposed zoning for residential development, which many are happy to see. Residents in particular are looking forward to more athletic field space as well as the opportunity for property owners to develop land how they see fit.

The plan still needs a little bit of tweaking, as well as approvals from Town Council and the public hearing. But all in all, it is looking good for Fort Mill.

For more details on the project, read the full article at heraldonline.com.

 

Neighborhood Spotlight: Chapel Cove

The New York Times ran a story today stating that houses keep getting bigger even as families get smaller. New construction homes have more square footage, more bedrooms, and more bathrooms than they did in 1980. However, the average size of a household has shrunk to 2.58 people.

Chapel Cove Entrance Sign

Chapel Cove Entrance Sign

Chapel Cove in Lake Wylie is a fantastic master planned new construction community where you can get a larger home you desire with all of the features you want.

Homes in Chapel Cove start in the $200’s and range all the way up to the $800’s or more with custom features. Arranged by developer Crescent Communities, Builders include Pulte Homes, CalAtlantic Homes (formerly Standard Pacific Homes) and taylor morrison.

Homes range in size from 2509 square feet to over 4000 square feet. Features of the home depend on the builder but can include gourmet kitchens, outdoor living spaces, luxury bathrooms, private lake access and more.

A recently sold home in Chapel Cove

A recently sold home in Chapel Cove

Amenities include a multi-use club room with kitchen for community events, cardio and strength fitness room with after-hours access, swimming pool with children’s splash area and adult gathering area, tennis, basketball and pickleball courts, multiple gathering and lounge areas around the pool deck, hard and soft surface trails around the amenity center, canoe and kayak launch and an activity lawn.

Located close to Steele Creek just off Shopton Road West, Chapel Cove has Lake Wylie to the North and west. Thomas McAlister Winget Park is to the east with a playground, soccer fields, basketball courts and a disc golf course. A short drive to the South is the 1100+ acre McDowell Nature Preserve with a Nature Center, campground, hiking trails, play areas, fishing and boating access.

Chapel Cove has convenient access to a myriad of outside attractions. Multiple routes give you easy access to I-485, which means that uptown Charlotte, the U.S. National Whitewater Center, Carolina Place Mall, Ballantyne, and The Charlotte Douglas International Airport, to name a few, are just minutes away.

Chapel Cove pool with children's splash area

Chapel Cove pool with children’s splash area

Currently there are 33 homes on the market in Chapel Cove with 8 under contract. They are listed in price ranging from $296,990 to $$825,000. In the last year homes have sold for between $369,850 to $599,900.

Read the full New York Times story here.

Gaston County launches Gaston Outside

Wednesday June 1st marked the launch of  Gaston Outside, a three year marketing initiative and image campaign designed to increase the speed of the Gaston county’s growth. The mission is to “inspire the people of Gaston to share with the world Gaston’s incredible stories and all that it has to offer as a terrific place to live, work and play.”

The hope for the South Carolina marketing agency that coined the phrase — and the Gaston County business and political leaders footing the bill — is that the two words will tell people that Gaston offers not just outdoor recreation, but a quality of life unattainable in Charlotte.

Billboards to be placed along Interstates 85 and 74 and an almost 4-minute video were unveiled at the Gastonia Conference Center on Wednesday.

Gaston Outside launch event at the Gastonia Conference Center

Gaston Outside launch event at the Gastonia Conference Center

The cost for the three year campaign is $900,000 of which almost $1 million has been raised and promised including $225,000 from private investors. The rest comes from a mix including Gaston County Travel and Tourism, as well as Gastonia, Belmont, Mount Holly and other cities.

The initiative was launched in response to a 2015 survey commissioned by the Greater Gaston Development Corp. The survey showed that people in the Charlotte region had little or no thoughts about Gaston. Developers and investors saw the county negatively.

Gaston Outside wants to celebrate all of the people, places, businesses and natural beauty in Gaston County. If it is successful, the hope is to draw more businesses and residents to the area to help bolster the local economy, tax base, and help the area flourish.

Gaston County does have some pretty great things going for it including great outdoor living, charming towns and municipalities, strong educational programs, business friendly policies, and proximity to Charlotte. This campaign hopes to make more people aware of them. This could be a boon to existing homeowners as more people moving into the area could boost home values. It could also mean more options as developers try and build to keep up with increased demand.

As Gaston Outside says “No matter what your idea of a good time looks like, you’re bound to find it in Gaston County.” From hiking, paddling and cycling to vibrant local culture and arts, Gaston county’s opportunities for fun are endless. Hopefully it won’t be long before the campaign reaps rewards and there will be an influx of new people, energy, and opportunities in real estate.