Archives for December 2016

Neighborhood spotlight: Tega Cay’s Cameron Creek

Let’s let’s check in with Cameron Creek, a stunning community of new construction single-family homes and townhouses located in Tega Cay, South Carolina. The neighborhood is conveniently situated right off of Highway 160 and approximately one mile from I-77. Many home sites are still under construction here, but when completed, the community will feature 317 beautiful new homes.

The neighborhood features a community fire pit, pool and cabana as well as tree-lined sidewalks. There is a wide selection of floorplans including two-story homes, ranches and townhomes that feature two-car garages  Homes in the neighborhood range from 1,550 square feet to 3,200 square feet.

Cameron Creek is great for families with children given the fantastic schools in the area. Plus, residents here can take advantage of the lower South Carolina taxes as well as wonderful retail and recreational options nearby, including RiverGate, Charlotte Premium Outlets, Baxter Village and more.

Cameron Creek currently has eight homes on the market representing 8.7 months of inventory. With six months of inventory representing a balanced market, Cameron Creek tends to favor the buyers, especially compared with the inventory in Tega Cay and York County as a whole which have 5.1 months and 4.1 months of inventory, respectively.

The average list price of homes currently available is $372,831. It is worth noting that there has been a decrease in the average price per square foot over the last three months here, as well as a decrease in the average sales price over the last year.

If you are looking for new construction in the fabulous town of Tega Cay, you will not want to miss Cameron Creek!

New Fort Mill development will include gourmet grocer

There has been a lot of buzz surrounding the 12-acre site on N.C. 49 that is bordered by Steele Creek Road and Hoover Creek Boulevard. While the details on this development site have yet to be confirmed, rezoning efforts and city planners are working towards establishing a gourmet grocery store here.

The new development aims to be a focal point for shoppers of both Steele Creek and Lake Wylie, and design plans intend to create a walkable environment featuring a variety of retail.

While the name of the new gourmet grocery store seems to be a bit of a secret, there has been confirmation that it will not be a Whole Foods market. The new grocery store would be part of a 90,000 square-foot development project that would include office as well as retail space. The site is located between RiverGate Shopping Center and Carolinas HealthCare System Steele Creek–a location that has seen some major activity in recent years.

The unnamed gourmet grocery store that will be built here is going to be central to the development project. For more details and information on the project, be sure to read the full article at heraldonline.com, and stay tuned for which grocery store will officially be moving in to Fort Mill.

Neighborhood spotlight: Oaks at Clover

The Oaks at Clover is an upscale community in Clover, South Carolina that features beautiful homes on oversized lots, as well as a “one-of-a-kind play area nestled into the woods that backs up to the fishing pond and one of the communities preservation areas,” making it a wonderful community for families. The neighborhood is located in the heart of Clover, giving families the advantage of the Clover school district and low South Carolina taxes.

Homes in the neighborhood range from 1,600 square feet to 3,600 square feet, and feature anywhere from two to five bedrooms and two to  three and a half bathrooms. These new construction homes feature many options and upgrades, including specialty lighting, trim detail, granite countertops, stainless steel appliances and so much more.

There are currently nine homes on the market here, representing 6.4 months of inventory. This means that we are looking at a very balanced market, neither favoring the buyers nor the sellers.screen-shot-2016-12-24-at-3-02-03-pm
Even though there has been an increase in the average price per square foot over the past six months, the average sales price has remained almost unchanged over the past year. The market in this neighborhood is slightly more balanced than that of Clover or York County as a whole, which have 4.8 months and 4.2 months of inventory screen-shot-2016-12-24-at-3-01-54-pmrespectively, indicating a slight favoring of the sellers.The Oaks at Clover community is conveniently located near great shopping, delicious dining and plenty of recreation. If you are looking for a new construction home at a great value in a fantastic location, you will not want to miss this neighborhood.

Fort Mill is having an apartment boom of its own

screen-shot-2016-12-23-at-11-15-42-amThe entire Charlotte region is booming with new apartments, and Fort Mill is one of the towns that is also experiencing tremendous growth with rental market options.

The newest residential rental addition to Fort Mill will be Fox Hunt Farms, an upscale apartment community that is slated for completion on January 12, with leasing already underway. The development is located off of S.C. 160 near Interstate 77 on Amistead Avenue. The property will feature amenities such as a community game room with billiards, community outdoor grills and a swimming pool, a 24-hour gym with a yoga and aerobics studio, and a dog park that will include a dog washing station. Units will include stainless steel appliances and 9-foot ceilings with pendant lighting, among other desirable features.

Rental prices will range from $995 for a one-bedroom, 844-sqaure-foot unit, up to $1,499 for a three-bedroom, 1,100 square-foot unit.

Fort Mill continues to have a thriving and  developing local economy, making it an ever more desirable place to live. It is a town that offers a strong sense of community, easy access to big-city Charlotte amenities, and a whole lot of charm. For more details on the new Fox Hunt Farms apartment project and the development boom throughout the entire Charlotte region , check out this article and more at charlotteobserver.com.

Market update: November

screen-shot-2016-12-18-at-6-48-40-pmNovember’s numbers are in from the Charlotte Regional Realtor Association, and Charlotte’s housing market continues to boom with lots of activity. Home sales soared with a jump up 19.7% from November 2015. Inventory continues to struggle to keep up with demand, and prices are on the rise. Furthermore, mortgage rates are also on the rise, so buyers were moving quickly last month to close on their homes to avoid the increasing rates.

The near 20% increase in year-over-year numbers for homes sold in November meant an additional 522 properties closed last month .

In addition to the number of home sales jumping, sales prices also rose by 8.1% as compared with November’s numbers from 2015. Rising home prices can certainly be attributed at least in part to low inventory. November’s inventory for Charlotte as a whole dropped to a 2.6 months supply represented by 9,770 properties for sale. Lake Wylie’s year-over-year months supply of inventory dropped to 3.3 from 5.2, which is a 36.5% drop in inventory. The average sales price of homes in Lake Wylie is up 16.6% for November from 2015. York County’s inventory is also down this year with 2.3 months of inventory in November, and so is Fort Mill’s inventory, down to 2.1 months.

Nationally, mortgage rates are on the rise, and local trends reflect a steady drop in inventory as well as an increase in home prices. Stay tuned for what’s to come in December, when market activity is expected to stay active.

Belmont’s Nellie’s Southern Kitchen gets national attention

screen-shot-2016-12-18-at-4-39-19-pmBelmont’s dose of celebrity, in the form of a pop star-owned restaurant, is about to get some national attention. Nellie’s Southern Kitchen, the new and popular downtown Belmont restaurant opened by the Jonas family, is “southern hospitality done right,” and the Food Network is about to debut a special that documents the restaurant’s opening.
screen-shot-2016-12-18-at-6-28-22-pmThe Jonas Brothers was an American pop band that garnered much of their fame from Disney Channel appearances and ultimately became a major pop group. While no longer a band, the brothers have stellar solo careers that tend to keep them in the limelight.
The Jonas brothers, as well as their family, are no strangers to both individual and group success as well as bold career moves. But, opening their southern-style restaurant whose inspiration came from Nellie Jonas, the brothers’ great grandmother who lived in Belmont until she passed away in 2011, was no easy feat. Now, you can watch a behind-the-scenes thirty-minute special that will air on the Food Network called “Jonas Restaurant: Family Style.” The show will give viewers a glimpse of what it took for the family to open their restaurant that showcases home-cooked comfort food in a fun, welcoming and friendly environment. The special really showcases the family’s passion for entertaining with food.
“Jonas Restaurant: Family Style” documents the week leading up to the restaurant’s opening day, with pending construction, staff hiring and training, and recipe testing yet to be completed.  The special will air on the Food Network on December 26 at 7 PM Eastern Time. For more details on the TV special, check out the article at celebmix.com, and for more details on Nellie’s Southern Kitchen, the delicious menu, or for reservations  at the restaurant, visit the website at nelliessouthernkitchen.com.

Main Channel Views: 212 Twin Coves Lane

screen-shot-2016-12-11-at-3-44-28-pmIf you are in search of a lovely waterfront property on Lake Wylie, you won’t want to miss this charming home on Twin Coves Lane. The property is off the beaten path, giving it a sense of privacy and seclusion, while still being extremely close to every business and restaurant that  bustling Lake Wiley has to offer. Plus, with big main channel viwes and a move-in ready home, you can’t go wrong.screen-shot-2016-12-11-at-3-45-03-pm

This home features three bedrooms, one and a half bathrooms occupying 1,300 square feet on a lot that totals almost one and a half acres. The home features brand new carpet and a two-car carport, as well as a boat house, deck and floating dock for your boating needs. Furthermore, the huge tree-lined property and fenced yard is great for playing or entertaining with friends or family. And, the property includes and old caboose!screen-shot-2016-12-11-at-3-44-51-pm

This lakefront home offers a fantastic opportunity to reside in the ever desirable town of Lake Wylie, with its picturesque landscapes, avid boating community, thriving local economy, and easy access to Charlotte’s big-city amenities. Moreover, the lucky owners of this Lake Wylie home can take advantage of South Carolina’s low taxes.

Take a look at this fantastic property today, because at $335,000, you will not want to miss this opportunity to live on the water in one of the best locations. Call 803-831-8588, or visit our website at LKWRealty.com.

Charlotte’s River District is its biggest new development in decades

screen-shot-2016-12-11-at-3-51-33-pmJust east of Belmont, between Charlotte Douglas International Airport and the Catawba River, lies Charlotte’s River District, the newest, massive, mixed-use master-planned development to hit Charlotte in decades. The potential for such a project, conveniently located right near the airport and only eight miles from Uptown Charlotte, is huge.

This new development aims to create a walkable, urban environment that showcases a variety of housing in a community that really connects with nature. Developers plan to take advantage of the unique topography, woodlands, streams and creeks that the area is home to. While developers plan to build housing, retail space, office space and more, the plan for development also calls for preserving approximately 500 acres of land and using that land for mountain biking, walking and hiking trails with a walkable community laid out around them.

Approximately 10,000 people will occupy the new homes here, which will range from very moderately priced homes all the way up to luxurious estate homes. With the hopes of having some of the trails open to the public possibly as early as the summer of 2017, as well as completing construction on the first stage of the residences in the next two years, final completion of the entire project, which is slated to be as big as Ballantyne occupying approximate 1,400 acres, is not expected for about 30 years. The project will be completed in stages, but given its size and scope, it will certainly take quite a bit of time.

Stay tuned for the ongoing development of the River District. And, for more details and information on the project, check out the article at WCNC.com.

Shop local for the holidays at this new Lake Wylie retail spot

screen-shot-2016-12-04-at-8-26-57-pmThe much-anticipated retail season is in full swing with December underway and the holidays right around the corner.

Holiday shopping just got even more fun and inspiring in Lake Wylie, with the opening of the Shoppes @ Five Points, located at 440 Five Points Court. The destination features 16 vendors, each of which sell handmade and wholesale products. You can find artisan jewelry, soaps, decor, crafts and so much more.

The Shoppes @ Five Points occupies a two-story, 2,500 square-foot house, aimed at bringing local artisans and craftsmen in the community together. New vendors will continue to be welcomed to The Shoppes, and there are plans to host a yard sale every Saturday encouraging the community to participate.

Vendors throughout York County as well as throughout the greater Charlotte region have expressed interest in having an area to rent space as a means of promoting and selling their products, and this common desire among artisans throughout the community is the foundation for the Shoppes @ Five Points.

This creative kind of shopping and retail experience brings something new not only to Lake Wylie, but to the entire surrounding Charlotte area. Residents easily can shop local and support their community. What could be better during the most active retail season of the year? For more details and information on the Shoppes @ Five Points, as well as on the The Shoppe’s founder, be sure to read the full article at heraldonline.com.

Belmont’s new waterfront community debuts new 50-cottage village

screen-shot-2016-12-01-at-3-45-06-pmMcLean is a new beautifully master-planned waterfront community on Lake Wylie in the town of Belmont occupying 670 acres along five miles of stunning shoreline in an extraordinary location, right next to the Daniel Stowe Botanical Garden and the Carolina Thread Trail. Furthermore, it is conveniently located near downtown Belmont’s charming shopping and dining scene. This remarkable new community will allow residents easy access to all of the activities that Lake Wylie has to offer, including boating and fishing, as well as the opportunity to take advantage of the location’s pure lakefront beauty.

The newest development within this community is with The Conservancy, a small village subdivision that will feature 50 cottage-style ranch houses built by M/I Homes. M/I Homes will offer six different home designs, and pre-sales have already begun. The home designs for The Conservancy offer numerous optional features and add-ons, such as a bonus room, an upstairs living room, or outdoor living areas. With the purchase of every M/I home, homeowners can take advantage of the included lawn maintenance, Energy Star certification, and a 15-year transferable structural warranty. Plus, The Conservancy has its own pool, clubhouse and bocce ball court for residents to enjoy, and these amenities are scheduled to open in 2017.

M/I Homes is one of the country’s premier builders of high-quality single-family homes focused on “uncompromising quality, innovative design and enduring value in the best, most desirable locations possible.” For more details on the company or for more information on the community of McLean, be sure to read the full article at PRnewswire.com.