Archives for February 2017

Neighborhood spotlight: Clover’s Longlea Estates

Longlea Estates is a beautiful neighborhood of stately homes located in the desirable town of Clover, which features low South Carolina taxes and one of the best school districts around. This neighborhood of custom-built, newer construction single-family homes is great for families and features a variety of floor plans,  and homes are situated on generously sized lots.

There are currently two homes on the market here representing 1.5 months of inventory, which is incredibly low and definitely indicates a seller’s market for this neighborhood. Clover as a whole has 5.1 months of inventory representing a fairly balanced market. Longlea Estates is clearly a desirable neighborhood with homes not staying on the market for long. The current average list price is $219,450.

While there has been a little bit of fluctuation in the average price per square foot, the square footage price hasn’t strayed far from $71 over the last year. There has, however, been a slight increase in the average sales price over the last 12 months.

Clover features a small town vibe but offers easy access to Charlotte’s big city amenities. Furthermore, Clover is conveniently located near all of the recreation of Lake Wylie and also features its own charming shopping, dining and entertainment.

You do not want to miss Longlea Estates, and for more homes available and other great neighborhoods in and around Lake Wylie, be sure to visit LKWRealty.com.

Fish away on Lake Wylie

As the weather starts to warm up and winter turns into spring, residents of the Lake Wylie region can fully take advantage of all that life on the water has to offer. Avid fishermen can get excited about the several large fishing tournaments that are on the calendar for March, and the following is a lineup of what to look forward to.

March 4 will feature the Carolinas Bass Challenge. The Ebenezer Park Launch in Lake Wylie is the second stop on the four-part series that also has stops on Lake Norman, Lake Hickory and High Rock Lake. The events and the challenge are team fishing tournaments and competitors can work in pairs or alone. The first place prize is at least $8,000 and the Big Carolinas Best Challenge Classic can pay out $50,000.

Another fishing tournament series that is already underway is the Carolina Anglers Team Trail which features smaller events with smaller payouts, but feeds into larger events in both the Carolinas and Virginia. Part of this series is the CATTFish event on March 11, and it’s the final event after five qualifying events.

Stay tuned for what is up next for fishing enthusiasts in and around Lake Wylie, and for more details on these specific events, be sure to read the full article at Heraldonline.com.

Neighborhood Spotlight: Oaks of Broadway

The Oaks of Broadway is a new construction community of single-family homes conveniently located just minutes from downtown historic York and the great shopping, dining and entertainment that tithe town has to offer. The local elementary school and high school is close by as is the York Recreation Complex, a Walmart Supercenter and more.

Homes in the neighborhood range in size from approximately 1,300 square feet to just over 2,000 square feet, and offer three or four bedrooms and 2 1/2 baths. Many homes feature two-car garages, vaulted ceilings, open floorplans, patio space, tree-lined backyards and more. Brand new construction homes are slated to be completed in the Spring of this year.

There are currently 13 homes on the market in the Oaks of Broadway representing a whopping 39 months of inventory. Thus, we are definitely looking at a buyer’s market here. York overall has only 4.7 months of inventory, indicating that it favors the sellers. In this neighborhood, however, buyers have the upper hand given the level of inventory. Plus, with an average list price of approximately $136,000, this moderately priced neighborhood is a desirable option for buyers actively looking to purchase.

It is worth noting that there has been a steady although slight increase in the average price per square foot over the last nine months, and the average sales price has jumped a bit in the last six months.

If you are looking for a conveniently located neighborhood featuring new construction homes in York with easy access to downtown and all that the town has to offer, you won’t want to miss the Oaks of Broadway.

Much-anticipated McLean development pushes forward

McLean is one of the most talked about and highly anticipated residential developments in Belmont, North Carolina on Lake Wylie. The 670-acre development covers five miles of shoreline along the border between North Carolina and South Carolina.  The community will include 800 homes, as well as a marina with a waterfront restaurant, a public park, 10 new miles of trails that will connect to already existing trails, and a pool clubhouse in each of the three primary neighborhoods of the subdivision.

The current breaking news on the development regards the 37 of the 800 new homes that dip into York County in South Carolina. While York County has already approved the plans for this part of the neighborhood, The company behind the new development project has asked for an extension, as currently construction is only allowed to continue through August 10 of this year. County planning staff is recommending a one year extension to guarantee completion within a preapproved time frame. Because these York County homes will have no access from York County, the roads, water and sewer infrastructure will be served by Belmont, as this is where the majority of the development sits.

The three primary neighborhoods of the development are South Shore, the Conservancy, and Overlake. Construction on South Shore homes has already begun and homes in the neighborhood will range from approximately $400,000 to over $1 million. Homes in the Conservancy are slated to be ready this spring and start at approximately $240,000. Home construction in Overlake is not slated to begin until later this year,  and the marina will be built as part of a much later phase. The entire McLean project, which includes not only the homes but also the marina, restaurant, park, trails and more is not expected to be completed in its entirety for approximately 8 to 10 years.

For more details on the McLean project in Lake Wylie, be sure to read the full article at CharlotteObserver.com.

Waterfront property on Lake Wylie: 212 Twin Coves Lane

Waterfront property is some of the most sought after real estate in Lake Wylie. This charming gem on Twin Coves Lane is back on the market and is in one of the best locations, while featuring phenomenal main channel views. It is conveniently located near everything you could want or need, including plenty of shopping, grocery stores, and local restaurants. Plus, you can take advantage of all that Lake Wylie has to offer in the way of recreation, including boating, skiing, picnics and more.

Furthermore, the town of Lake Wylie offers easy access to the big city amenities of Charlotte all while providing a fantastic community in which to live.

This 1970s traditional style home features three bedrooms and one and a half bathrooms and totals 1,300 square feet on a lot that is almost one and a half acres. This move-in ready home features recently updated carpet as well as an old caboose on the property.

This waterfront find boasts an expansive tree-lined backyard, a floating dock, a boat house, a deck and many more perks.

For more information on this property or others like it, visit LKWRealty.com or call 803-831-8588.

Neighborhood Spotlight: Retreat at Sunset Ridge

The Retreat at Sunset Ridge is conveniently located in the Lake Wylie/Clover area of South Carolina. This desirable, tucked away neighborhood features beautiful new construction estate homes that are completely customizable.

Homes in the neighborhood range in size from 2,600 square feet to over 4,400 square feet and can feature anywhere from three to six bedrooms, two master suites, gourmet kitchens, media rooms and more. Residents of the community can take advantage of not only the great school district here, but also of the lower York County taxes.

There are currently six homes on the market here representing 14.4 months of inventory. Thus, the Retreat at Sunset Ridge is definitely a buyer’s market. York County and Lake Wylie as a whole have 4.3 months and 5 months of inventory respectively, indicating a slight favor towards the sellers. However the ample inventory in this neighborhood gives buyers the advantage.

That being said, there has been very little change in the average price per square foot over the last year, with only a slight increase. The current average list price is $447,242.

The community offers easy access to the local public library as well as to great healthcare. Plus, it is conveniently located near Carolina Place Mall, Baxter Village, Rivergate Shopping Center and more.

If you are looking for beautiful new construction homes in a highly sought after part of town, you will not want to miss the Retreat at Sunset Ridge in Lake Wylie.

Neighborhood Spotlight: York’s Clover Meadows

Clover Meadows, located in the charming town of Clover in York County,  features quaint community living in a premier school district, with convenient access to historic attractions, antique shopping, dining, grocery, entertainment and more. The community, which showcases its own playground, is only minutes from Lake Wylie, which boasts fantastic recreation in the way of boating, sailing, skiing, swimming and picnics.

The neighborhood features new construction homes that currently range in size from approximately 1,600 square feet to over 3,600square feet. There are single-story as well as two-story floorplans available with three to five bedrooms and two bathrooms.

There are currently 12 homes on the market which represent 5.1 months of inventory, indicating a fairly balanced market here, given that a significant dip below six months of inventory would signify a seller’s market. York County overall has 4.1 months of inventory available, and therefore slightly favors the sellers. While there has been little fluctuation in the average price per square foot in Clover Meadows, there has been a steady climb in the average sales price of homes here over the last year.

Low South Carolina taxes as well as one of the most desirable school districts in the state make this a very popular neighborhood, especially for young and growing families.  Furthermore, with the average list price at just over $206,000, Clover Meadows is a relatively affordable community in the Lake Wylie area. If you are looking for new construction with easy access to all that the town of Clover and Lake Wylie have to offer, you will not want to miss this fantastic neighborhood.

Lake Wylie eyes Rock Hill’s electric bus plan

There is a new trend in public transportation that is happening just across the Catawba River from Lake Wylie, Fort Mill and Tega Cay, that will hopefully be making its way all around the region. Electric buses are soon going to hit the scene in the city of Rock Hill. These buses not only limit environmental pollution, but they feature Wi-Fi and charging stations in addition to seamlessly connecting residents around the city with downtown stops. Plus, this will be a free service for riders.

With so much development happening in the Lake Wylie area, the options for entertainment, dining and shopping continue to grow while transportation to and from these locations gets more and more difficult. Traffic on the major local highways and thoroughfares  as well as the lack of available parking, is certainly a deterrent.

Public transportation would cut down on traffic, eliminate the frustration of trying to find parking, and would greatly reduce environmental emissions. More so, the public transportation is great for businesses and would be a tremendous boost to the local economy.

There are many details that would need to be worked out among the three municipalities of Fort Mill, Tega Cay and York County. Hopefully, what’s about to get underway in Rock Hill can also become a reality on the opposite side of the river. For more details and information on this project, check out the article at Heraldonline.com.