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Neighborhood Spotlight: Carolina Coves Lake Wylie

December 2, 2022 by lkw_df Leave a Comment

There are currently no homes for sale in Carolina Coves, but if you want to get in on this luxurious neighborhood, you need to plan ahead and be ready when one comes on the market. You should have a couple of months as many people wait until spring time to list homes so they are clear of the holidays and close to the end of the school year. In the meantime, as a buyer, the best thing you can do is get pre-qualified for a loan, and start working with your Realtor so you can be ready as soon as the home of your dreams is listed for sale.

Carolina Coves are located off Pole Branch Road, just down the road from Daniel Stowe Botanical Gardens. The neighborhood is on the South Carolina side of Lake Wylie and is zoned for award winning Clover schools. This great location is close to everything you need, yet is in a picturesque and serene setting. The neighborhood features walking trails and green space to relax at the end of the day.

Homes in Carolina Coves are generously proportioned with most homes well over 3,000 square feet with some homes over double that. Most homes have at least 4 bedrooms and up to 6 full bathrooms. Features of these homes include salt water pools, three car garages, butler’s pantries, gourmet kitchens, custom millwork, and spa-like bathrooms.

In the past year, just one home sold in Carolina Coves showing that when people get one of these amazing homes, they don’t want to leave it. This one was a custom new construction home with 3,224 square feet, 4 bedrooms, 4 bathrooms, and a 3 car garage that sold for $830,000. Homes have sold in the past two years for an average price of just over $800,000 with an average price per square foot of $180.

For more information Carolina Coves or to start the buying process for a home in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Check out the Belmont Festival of Trees

November 27, 2022 by lkw_df Leave a Comment

The fifth annual Belmont Festival of Trees is set to occur this Monday night, November 28th. It is a great event with tree lighting in addition to luminaries throughout the park. This wonderful community gathering kicks off many celebrations throughout the holiday season.

Festive trees will be decorated with holiday lights with the official lighting at 6:30 pm. A special display of “Oh Starry Night” in luminaries will be presented by Strong Like AK on the upper field of Stowe Park.

The event is located at 24 S. Main Street in the heart of Belmont. If you can’t get to the official lighting ceremony, never fear. The trees have decorations as well as lights so they can be enjoyed day or night throughout the month of December with an end date of January 3rd.

Luminaries can be purchased to light the “Oh Starry Night: Lighting a Path to Hope”. They are a fundraiser to help support pediatric cancer patient financial care and housing support. This is through the Strong Like AK foundation. They can be donated at this link for $20 each. This worthy cause helps ease the financial burden of some of the 1.7 million people diagnosed each year with cancer. You can dedicate your luminary to someone currently fighting cancer or in memory of someone lost to cancer. You can share the story of the person you are honoring and it will be on display for the entire month of December.

For more information about buying and selling homes in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

To learn more about the Belmont Festival of Trees, check out the website here.

Neighborhood Spotlight: Solena at the Vineyards

November 27, 2022 by lkw_df Leave a Comment

Phase II of Solena at the Vineyards is now selling new construction homes on the shores of Lake Wylie. Meritage Homes is developing this luxury master planned community with the perfect location, close to everything you need, but far enough away to feel like a retreat.

Community amenities in Solena at the Vineyards include a resort-style pool, lap pool, sports complex with tennis and bocce, and over ten miles of walking trails and green space. There is also a dog park, perfect for exercising and socializing your dog.

Homes in Solena at the Vineyards are energy efficient and all have a ranch-style. Floor plans are open and airy with plenty of space for entertaining. Many of the homes have flex-style floor plans with rooms perfect for a guest room or home office. Many have primary and secondary suites. These homes also come with lawn care included so they are perfect for anyone looking to downsize, or with a busy schedule where taking care of a lawn is just one thing too many.

In the past year, 67 homes sold in Solena at the Vineyards. They ranged from a 3 bedroom, 2 bath, with 1,611 square feet for $355,000 to a 4 bedroom, 3 bath, with 2,739 square feet for $507,000.

There are currently 20 homes for sale in Solena at the Vineyards, with 14 of them currently under contract. List prices range from just under $400,000 to just under $500,000. If you want to be an original owner of one of these new construction homes, you have just a few chances left. We can help you navigate the building process and represent you, while the builder’s agent represents the builder.

If you want to know more about Solena at the Vineyards or about buying and selling homes in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Cypress Point

November 17, 2022 by lkw_df Leave a Comment

Last time we wrote about Cypress Point, it was starting construction. Now the construction phase is over and Cypress Point has become a great addition to the heart of Lake Wylie. Cypress Point is located just off Highway 49 near the Buster Boyd Bridge, just minutes from everything you need, from restaurants, to fitness, to shopping, to highway access for a commute.

Built by Nationally recognized home builder D.R. Horton, Cypress Point features single family homes in addition to a Townhome community within the neighborhood called Ivy Ridge. The community features amenities including a clubhouse, fitness center, outdoor pool, and playground. The streets are lit at night and there are sidewalks perfect for kids riding bikes, strollers, or just walking by yourself, with a friend, or with a pet.

Homes in Cypress Point range in size from 2,300 to 4,367 square feet and are mostly two stories, but there are a few ranch style plans as well. Homes are elegantly appointed with gourmet kitchens with large islands. There are great details like hardwood flooring, crown molding, and custom tile work. Many of the homes feature 3-car garages, lofts, butler’s pantries, home offices, and much more.

In the last year, homes in Cypress Point sold for between $410,000 and $683,811 with an average sales price of $575,513. There are currently two homes for sale in the neighborhood. If you would like to schedule a private tour of either of these homes, call us at 803-831-8588.

If you want to know more about Cypress Point or about buying and selling homes in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

October Market Report – Greater Lake Wylie Area

November 17, 2022 by lkw_df Leave a Comment

The October Real Estate Market numbers have been published by the Canopy Realtor Association. Based on their Canopy Multiple Listing Service, we are still seeing a rise in inventory, but home prices have yet to come down. In fact, Childress Klein reported that the Charlotte area is facing a grim affordability crisis with just 3.8% of homes selling for under $150,000 and about 25% selling for less than $300,000.

You can see that lack of affordability in the Lake Wylie area where the average sales price for homes was $600,087 in October. There is just one home listing in Lake Wylie that is under $200,000 which is a 2 bedroom 2 bathroom condo with just over 1,000 square feet of living space (of course, already under contract). All of the other listings under $300,000 are lots ready for building. This is not surprising as Lake property typically commands a premium as the lake lifestyle and resort style living comes along with these amazing homes.

In addition to rising inventory and rising prices, we are seeing the yearly slowdown in new listings as we head into the holiday season. New listings are down 22.7%, pending sales are down 40.7% and closed sales are down 29.7% from the same time last year. The rise in inventory is explained by a rise in days on market before a sale which was up 50% to 24 days. Until we see relief in inflation and interest rates, we could see inventory sit even longer until eventually we see a correction in prices. It is definitely a trend worth watching.

If you want to know more about the Real Estate Market or about buying and selling homes in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: River Lake Lake Wylie, Tega Cay

November 11, 2022 by lkw_df Leave a Comment

In the heart of Tega Cay, set right on the banks of Lake Wylie sits a great neighborhood called River Lake. Many of the homes have lake frontage, and even more have lake views so you can enjoy the water year round.

River Lake is tucked away from the main channel of Lake Wylie so it is not as busy. It is close to Catawba Park, Catawba Soccer Ground, and the Lake Wylie Dam with river access. Residents can easily access shopping and dining options, as well as get quickly to the highway for a commute or just a trip into the city.

The community has few amenities, but there are sidewalks, and the streets are lit. You can go into Fort Mill for any of the amenities you are lacking from not being in a large development, and with the money you save from not having a homeowner’s association, you can join anywhere else you like, or just save that money.

Homes in River Lake were built between 1996 and 2020 and are all brick custom homes. Many of the homes have great views of the lake from multiple rooms, and outdoor living spaces to enjoy the view.

In the past year, just one home sold in River Lake. It was a 5 bedroom, 3 full bath home with a 3 car garage and 2,763 square feet. It sold after just 12 days on the market. There is currently one home listed for sale in River Lake. It is a waterfront premium lot with 5 bedrooms, 5.5 bathrooms, a 3 car garage, and 6,261 square feet. It went under contract after just 1 day on the market. List price for this amazing home is $1,725,000.

If you want to know more about River Lake or about buying and selling homes in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Lottery Dreaming

November 8, 2022 by lkw_df Leave a Comment

If you, like many of us, are dreaming of how to spend your imagined $1.9 Billion lottery winnings, check out the fanciest homes in Lake Wylie. They all have a few things in common, they are large, have direct lake access with incredible views, and they have all the bells and whistles.

You want your own movie theater in your house, the most expensive home for sale right now in Lake Wylie has an incredible one. It also has a private 11-acre lot, over 17,000 square feet, and a 1,500 square foot waterfront guest house. For the low price of $6 million, this amazing property can be yours. Just a drop in the bucket for a lottery winner.

The second most expensive home in Lake Wylie for sale right now is a “Frank Lloyd Wright Inspired Retreat”. This wonderful property is an easier to maintain 1.4 acres on the waterfront with a swim-up bar in the infinity pool overlooking the lake. This one is even a money maker with a second living quarters that has been used as an income producing AirBnB rental. Currently offered for $3,488,000, you are sure to enjoy the 5 bedrooms, 4 full baths, three half baths, and over 7,000 square feet of custom luxury.

Why not also get the third most expensive home in Lake Wylie, currently listed for $3.2 million. This beauty also boasts a home theater and an infinity pool, but in addition has a wine cellar and an outdoor kitchen. Enjoy 5 bedrooms and 7.5 baths in 6,488 square feet custom built with every detail meticulously appointed.

Even if you didn’t win the lottery, we can still help you get into the home of your dreams. If you want to know more about any property in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Point Lookout Lake Wylie

November 3, 2022 by lkw_df Leave a Comment

If you are interested in an exclusive neighborhood, how about one where only one home has sold since 2017? Point Lookout is on the North Carolina side of Lake Wylie so it is in perfect positioning for an Uptown Commute via Shopton Road. There is no HOA, and the homes feel like they are situated in an oasis.

Homes in Point Lookout are located on Point Lookout Road and sit on large lots terraced down to Lake Wylie. They take advantage of all of the amazing views with seating areas, screened porches, docks, and boat lifts.

These homes were custom built and include great features like carriage houses with second living quarters. Interiors are fully appointed with chef’s kitchens, custom closets, spa-like bathrooms, and open concept gathering spaces.

Since only one home has sold through the Canopy Multiple Listing Service, we don’t have averages. One home sold in 2021. It was a waterfront home with over 3,700 square feet of living space, 3 bedrooms, and 3.5 bathrooms. Sales price was $1,199,999. Interior homes would not command the premium of a waterfront lot, but we don’t have the data to be sure in this amazing neighborhood.

That same home is for sale again right now, and is currently offered for $1,395,000. The home has garage spaces for more than 4 cars, multiple decks, paver patio, boat dock with built-in lift, and much more. The listing won’t last long so call us to schedule a showing.

If you want to know more about Point Lookout or about buying and selling homes in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.