Main Channel Views: 212 Twin Coves Lane
If 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.
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!
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
Just 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
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
McLean 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.
October’s market update
Let’s take a look at the local market update for October 2016, according to the report from the Charlotte Regional Realtor Association. The big news with last month’s numbers is the year-over-year change in the drop in inventory.
Lake Wylie, Fort Mill and York County overall have also seen a decrease in inventory, though the drops haven’t been quite as steep as that which we saw with the overall CarolinaMLS stats, and the rise in home prices hasn’t been quite as steep or as steady in these smaller markets.
Furthermore, regarding the entire CarolinaMLS area, new listings are up 2.7% from 2015, and closed sales are up 3.4%. However, new listings in Lake Wylie are down 9.6%, but closed sales are still up 4.9%. As far as York County is concerned, the numbers here are a bit bigger, with new listings up 15.8% from 2015, and closed sales up 11.3%.
Big merger brings more jobs to Fort Mill
This sale is big news on a global scale, however it is also significant to the local market because it is expected to bring more jobs to Fort Mill. Mergent’s merger with the London Stock Exchange will help enable the small company to compete with its billion-dollar counterparts. Furthermore, it will allow Mergent to grow and broaden its “range of data services, research and analytics to meet the increasing demand of [its] clients.” Mergent currently has approximately 4,000 customers across the globe that include investment firms, brokerage houses and law firms.
Fort Mill is home to 120 of Mergent’s 300 employees worldwide and is looking forward to expanding employment here. The final deal is expected to close on January 31, 2017.
For more details on the merger and what it means for Fort Mill, check out the article at WFAE.org.
Neighborhood spotlight: York’s Palm Tree Cove
Palm Tree Cove, located in York, South Carolina, is a beautiful heavily-wooded Community that borders Lake Wylie and features charming new construction homes on lots that range in size from three quarters of an acre to a massive three acres.
The community features “casual yet sophisticated living” with easy access to nearby shopping and dining, as well as plenty of recreational options. Homes here are not only beautiful, but they are energy-efficient, as well.
There are currently seven homes on the market here representing 5.6 months of inventory. This indicates that we have a very balanced market in Palm Tree Cove, and the little fluctuation in the average price per square foot of homes indicates that this is a stable market, as well. The months of inventory in Palm Tree Cove is only slightly higher compared with that of the town of York as well as of York County, which both have 4.8 months of inventory.
With the recent dip in the average price per square foot as well as a recent increase in the average seller discount, now may be a good time for buyers to take a look at this beautiful neighborhood that not only has many fantastic community features, but also provides residents the opportunity to take advantage of lake living, lower taxes and a fantastic school district.
Check out Palm Tree Cove today!