Fine Waterfront Living: 8560 Lilybet Lane

If you’re looking for a pristine home on Lake Wylie’s waterfront with a gourmet kitchen and grandfathered enclosed boathouse, look no further than 8560 Lilybet Lane. This amazing home has been completely renovated and has unfinished space over the detached garage that can be turned into income property.

Located on a private cove, you will never have to deal with the wake on the main channel. This makes this property perfect for your own beach. The fully enclosed boathouse has a boat lift and floating dock. Along the shore, a clever fire pit has been constructed with a patio and built in benches perfect for relaxing and watching the sunset. You can also see stunning views from the large lakeside deck along the back of the home, or from the screened in porch.

This property is only 20 minutes from Uptown Charlotte. Just up the street is the Charlotte Yacht Club, and Berewick neighborhood. There is easy access to I-485 and you are minutes from shopping at Charlotte Premium Outlets. Shopping and dining options are also available on Steel Creek Road a few minutes away. If you need to feel like you have more of a retreat, there is a 5.15 acre parcel behind this property that is also for sale at this time which can be subdivided to make a family compound, or kept as a buffer for solitude.

Inside the home, you will find three bedrooms and two bathrooms in a thoughtfully laid out ranch style home with 2,013 square feet of heated living space. Hardwood floors go all through the home. Plentiful windows let in abundant light and lake views. The vaulted ceiling in the living room makes the whole home feel like a retreat. The kitchen is a chef’s dream with dynamic cooking system stove with downdraft vent. The fridge is built in and there is a large stainless farm sink. Stainless appliances and warm wood cabinetry round out the space. The bar space is great for additional seating for entertaining or just for an easy breakfast spot.

Both bathrooms have been recently remodeled with new fixtures, tile, vanities and counters. The master bath has a huge soaking tub and lots of great storage. There is a separate laundry room with storage cabinets and utility sink.

The exterior is constructed with stone and vinyl for minimal maintenance. There are also two separate storage outbuildings on the property perfect for a workshop or storage for kayaks, life preservers, and water toys.

Current zoning has children in the neighborhood attending Berewick Elementary, Kennedy Middle and Olympic High Schools. Please verify school assignments for accuracy.

Don’t miss out on this rare opportunity to own this stunning home currently listed for $699,900. At .83 acres with waterfront, private cove and boathouse, it’s a steal. For more information, check out our full listing page here.

Waterfront Property: 7044 Brookview Drive

Here’s your chance to start your dream home on Lake Wylie literally from the ground up. This amazing property at 7044 Brookview Drive is a blank canvas at the moment, with no structure other than a floating dock on 0.8 of an acre. Take an opportunity to sit on the dock and dream up your perfect home and in a short time it can be a reality. It’s one of the last opportunities to own a dockable waterfront homesite in the heart of Lake Wylie.

This wooded property slopes down to the lake and makes a perfect opportunity to build a home with a terrific view. Imagine looking out from your kitchen and watching boats idle by, or water birds wading by your dock. Other homes on this prestigious street range in price from $700,000 to $3 million so the sky’s the limit for the scope of the home you can build here. You can build a true custom home here, just bring your own builder.

The property lies just inside the South Carolina border, which offers you lower York County taxes. The property is also already connected to city water and sewer. Brookview Drive is located on a small inlet just behind the Lake Wylie public library branch. From the road, it is right off highway 49 near the intersection of Blucher Circle, right by Lake Wylie Marina  and the Lake Wylie YMCA. The property location is also walkable to many small businesses, but has the serenity of the lake for a true retreat.

If you have school age children, this property is currently zoned for top rated Oakridge Elementary, Oakridge Middle, and Clover High Schools in York County. Please verify school assignments as boundaries can change.

For more information and additional photos, check out our full listing here.

Main Channel Waterfront View: 18326 Hideaway Road

Views like this don’t come up for sale often. This rare property has over 200’ of water frontage with expansive views of the main channel of Lake Wylie. Imagine watching the sunset every day from your large screened in porch. You can keep track of all of the boat traffic or watch the wildlife as you relax.

Hideaway Road is truly hidden away from the worries of the city. This home is located at the end of the road off of Grand Palisades Parkway, just past the Palisades Country Club and Palisades Episcopal School. A quick drive will have you at Rivergate for shopping, dining, entertainment and more. McDowell Nature Preserve is close as is Carowinds Amusement Park. Nearby highway access to I-77 will have you at Charlotte Douglas International Airport or Uptown Charlotte in no time at all.

When you approach the home, you enter from a large parking area with a small front porch. There is also a 2 car carport for sheltered parking. Walk around the back and you will see a pier walkway down to the floating dock. Step out to the end for an even better view of the main channel.

Inside the home is a huge living room with vaulted ceiling and an oversized fireplace. This leads you towards three bedrooms and two full bathrooms. The kitchen and dining areas and the full size laundry room round out the main living space.

Don’t miss out on this property as it has tons of potential. With just over an acre of land, there is an opportunity to add to this 1,784 square foot home to truly make the space grand. For more information and additional photos, please see the full listing here.

Amazing Lake Frontage: 9418 Windy Gap Road

Open House tomorrow, March 3rd, 1-4 PM

Don’t miss out on this amazing home with 221 feet of lake frontage in sought after Brown’s Cove. Picture yourself enjoying the fantastic views of the lake from the gourmet kitchen, living room, screened-in porch, and many of the bedrooms. Sit around your fire-pit and watch the sunset every night.

This tranquil home sits on almost an acre and includes a dock, boathouse and the boat lift stays with the property. The lake was dredged so the home has deep water at the dock to accommodate larger boats and is great for swimming.

The home was built in 2008 and has 4011 square feet of living space. Due to septic permits, the home is listed with 3 bedrooms, but it actually has 5. There are three full bathrooms to serve your family and any guests you invite to your private retreat. The home is completely updated and even comes equipped with an elevator.

There is a circular driveway that leads you to a side-load two-car garage. There is additional parking for at least 4 other cars. The extra parking can come in handy as this home can serve as a partial investment property. There is a basement rental unit which is a unique opportunity that comes with this home. You could also keep the rental unit as a separate guest suite.

Currently the home is zoned for Berewick Elementary, Kennedy Middle, and Olympic High Schools. Please verify schools as assignments can change.

If you can’t make the open house, give us a call and we will arrange a private showing for this or any other property. This one is priced at $799,000 and is too good to miss.

 

Neighborhood Spotlight: Handsmill on Lake Wylie

Handsmill on Lake Wylie is a secluded, gated community located right on the shores of scenic Lake Wylie. The neighborhood is close to the state line, making it only a 30 minute drive to the city amenities of Charlotte. There are 20 square miles of lake for residents to enjoy, where they can reach the water from one of two private marinas and boat ramps. There are also many amenities away from the shore including walking trails perfect for spotting local wildlife. There is also a clubhouse with a Jr. Olympic sized swimming pool, fitness center, kids pool and play area, and an outdoor patio with fireplaces.

Just a 30 minute drive away, is the busy city of Charlotte which offers shopping, dining, and cultural options. For those that don’t want to go all the way to Charlotte, York County itself has plenty of options to explore, including one of several properties listed on the National Register of Historic Places. There is also a new children’s museum in the area as well as additional opportunities to see local wildlife in Kings Mountain State Park.

Currently there is 1 home on the market so the neighborhood is in high demand. This represents 1.7 months of inventory, making the neighborhood a seller’s market. This is comparable to York County as a whole, which is also more of a seller’s market.

In the last year the average price of homes have increased substantially but the average price per square foot has only increased slightly. Homes are currently on the market for around $575,000 and all homes are designed with modern finishes.

With its secluded feel and proximity to so many local and city amenities, Handsmill on Lake Wylie is the perfect place for a family home.

Steele Creek and Lake Wylie Housing Market Report 2017-2018

The Steele Creek Real Estate market continues to be one of the top markets in the Country and is estimated to be one of the top 5 in the entire Country by the end of 2018.

On the National scene existing Home sales will finish at a pace not seen since the bubble bursting run up to 2006 clocking in at about 5.5 Million but amazingly still approximately 1.1 Million less than that all time high.

According to forecasts by the National Association of Realtors the steadily improving US economy, sustained job growth and rising confidence that now is the time to buy a Home should pave the way for an increase in Homes sales in 2018.

Back to Steele Creek, the availability of land, proximity to Charlotte’s 485 outer loop, Downtown and the Airport along with a widely diverse Housing Market are driving increases in prices and sales. A new master planned Development is in the final planning stages for the large mainly undeveloped area west and south of the Airport which will include the proposed River District slated to be larger than the Ballantyne area in South Charlotte. The area is expected to increase in population by 20-25% over the next 5 years.

Sales of new and existing Homes in the Steele Creek area over the past 12 Months for the zip codes of 28278 and 28273 were at a staggering pace of close to 2000 sold, leading the way the Community of Berewick with sales up 33% to 356, the Palisades with 131 sales was a distant second.

Another large Master planned Community is rising in Gaston County near Lake Wylie and Belmont called McLean, while just getting started sales were up to 40 in 2017.

Over on the South Carolina side of the Lake new Developments are popping up like spring flowers, national production Home Builders like Mattamy Homes and DR Horton along with local Builders, Fielding and Bonterra Homes are building a potpourri of styles and myriad of prices. New Home sales in the Lake Wylie SC area have increased from 75 in 2014 to around 200 per year at the end of 2017.

Sales of existing Homes in the Clover-Lake Wylie-York area zip codes of 29710 and 29745 although not quite as strong as its counterpart Steele Creek were close to 1300 over the past year. The top seller in that area is the well-seasoned “Jewell” of them all, the magnificently well planned Community of River Hills with close to 80 closings and an average sales price up 15% to $354,000.

WATERFONT MARKET UPDATE

Median prices continue to rise in the waterfront market due to low inventory and high demand, as of this writing there were just 57 active listings in both Carolinas down from the 120-140 we experienced for a few years with only 6 priced below $500,000. The 1 Million plus market was very active with 16- 1 Million Dollar plus Homes closed in 2017 and currently 12 were on the market. A total of 169 waterfront Homes sold down slightly from the year before with a median price pushing close to $700.000 up from the low $600,000’s that were steady for some time.

As urbanized Charlotte continues to gobble up large tracks of land for high density development the demand from those looking for the serenity and peace of Lake living along the shores of Lake Wylie will find it more and more difficult to afford.

Lake Wylie and and US Real Estate Market Report

The steadily improving US economy, sustained job growth and rising confidence that now is a good time to buy a Home should pave the way for an increase in existing Homes sales in 2018 according to forecasts by the National Association of Realtors.

Nationally existing Home sales will finish at a pace of 5.47 million the best since 2006 but still about 1.1 million less than that all-time best mark.

The lack of inventory has pushed prices up 48% from the low point of 2011, locally the Steele Creek area remains one of the hottest markets in the Country, the population is expected to jump 20-25% over the next 5 years, and for most of us originally from the area this is both a blessing and a curse.

Closings in the past 6 months are at 834 with 211 under contract and currently 221 listed for sale.

Prices on Waterfront Homes have steadily gone up and finding anything under $600,000 is tough sailing. Homes for sale are at an all-time low at this writing of only 78.  Median price is over $750,000 all record breakers.

Enough of the boring stats, if you’re planning to buy a Home or Condo now should be it, sitting on the fence so to speak is going to price you out of that dream Home. Quarterly prices have been increasing in some areas by 8% in the Charlotte area.

Buyers in the region are flocking to areas closer to Uptown Charlotte and prices are skyrocketing. Commute times and just being closer to the action seem to be the driving force. As traffic worsens that trend will surely continue and speaking of traffic it seems that it increases daily.

As a former member of the York County Planning Commission I always said the reason people left their former Cities and Towns and moved to this area will be the same reason they leave this area, Taxes, traffic, crime and poor planning.

David has been a Real Estate Broker, Developer and Contractor in the Charlotte area for 40 years and is currently Principle Broker and Partner of Lake Wylie Realty, David and his wife Karen live on Lake Wylie and are both Charlotte natives.

Copyright 2017 David McCorkle

Neighborhood Spotlight: Lauren Pines

Lauren Pines is a beautiful secluded neighborhood that offers all the benefits of small town life while still being close to larger cities. Located in York County, Lauren Pines offers homes on large lots surrounded by nature, providing residents with a tranquil and relaxed setting. Residents also receive the lower taxes that come with South Carolina while still being close to cities like Charlotte.

For outdoor enthusiasts, Lauren Pines offers plenty of recreational options such as walking, hiking, or mountain biking on its many trails There is also plenty of wildlife in the area to observe and enjoy. Even though this neighborhood is outside of the city, it has easy access to I-85 giving it a direct route to cities like Charlotte and Spartanburg. Gastonia is also only 20 minutes away for those looking for more shopping and dining options.

Currently there are 6 homes on the market in Lauren Pines. This represents 10.3 months of inventory, making this are a buyers market compared to York County as a whole which is more of a sellers market.

In the last year the average price per square foot as well as the average total sales price of housers has slightly increased. Currently homes are listed from just over $300,000 to $375,000

If you’re looking for a family home in an area that offers a small town feel as well as being close to big city living, Lauren Pines is definitely worth checking out.

Neighborhood Spotlight: Bethelfields

Bethelfields is a beautiful neighborhood located right on Lake Wylie that offers the benefits of small town living while still being close to city life. This neighborhood is a family-friendly community with many amenities and events aimed at bringing the community together.

Residents get to take advantage of the lower South Carolina taxes while still enjoying all the amenities on Lake Wylie. The neighborhood even offers a large storage lot for boats, trailers, and RVs giving residents easy access to lake activities. Other amenities of this neighborhood include swimming pools, picnic tables, playgrounds, and walking trails. Bethelfields is also very dog friendly with many doggie-waste stations along the numerous walking trails.

Bethelfields also enjoys being located in renowned Clover school district, making it the perfect place to buy a family home.

Currently there are 5 homes on the market which represents 2.5 months of inventory. This makes Bethelfields a sellers market compared to the more balanced market of York County as a whole which has about 5 months of inventory.

In the last year the average price per square foot of homes in this neighborhood have decreased but the overall average sales price has slightly increased. Right now prices range from $215,000 to $280,000.

With so many amenities in such a great location, Bethelfields is definitely worth checking out for your next family home!

Neighborhood Spotlight: King’s Grove Manor

Conveniently located near countless recreational opportunities as well as city amenities, Kings Grove Manor is the perfect place for your next family home. This neighborhood is located on the shores of Lake Wylie which means residents have access to the many outdoor activities the lake has to offer from boating to fishing to hiking. For more outdoor experiences, the neighborhood is also located near the McDowell Nature Preserve which includes a nature center, campgrounds, walking trails, and playgrounds making it the perfect destination for nature lovers.

In addition to the many activities on Lake Wylie, the neighborhood itself offers many amenities including a pool and cabana and community walking trails and sidewalks. Residents can also golf at the Palisades Country Club. Kings Grove Manor is also minutes from uptown Charlotte giving residents easy access to local dining and entertainment.

The homes in this neighborhood range in size from 1700 to over 2700 square feet. One and two story homes are available and have three to five bedrooms.

Currently there are 10 homes on the market in Kings Grove Manor which represents 10 months of inventory. This means the neighborhood is currently a buyers market compared to the more balanced market of York County.

In the last year the average price per square foot has increased but the average sale price of homes has decreased. Homes are listed from around $240,000 to just under $300,000.

With so many things to do both locally and in Charlotte itself, Kings Grove Manor is definitely worth checking out!