Lake Wylie Blog

New Casino Opening in Kings Mountain

June 21, 2021 by lkw_df Leave a Comment

Rendering art courtesy of the Catawba Indian Nation and Delaware North

Early in July, a new casino will open in a temporary location in Kings Mountain. The casino, called Two Kings Casino Resort, has long been awaited and is part of the Catawba Indian Nation. It is a great day trip from Lake Wylie and is perfect for those days when you are recovering from a sunburn, or on rainy days.

The temporary facility is located off exit 5 on Interstate 85 near the Kings Mountain Boulevard interchange. It is a 29,000 square foot complex with 500 slot machines that will bring in revenue for Cleveland County, the town of Kings Mountain, and the Catawba Tribe in North and South Carolina. The permanent facility will have an additional 1,300 slot machines, games tables, and sports betting. The casino will eventually employ thousands of people, but for now they are hiring hundreds of people to staff the temporary location.

Food and drinks will be available from an onsite bar in addition to an outdoor patio with food trucks. Eventually there will be restaurants and additional bars with enough seating capacity for 940 people.

The final location is currently being developed and is expected to be complete in 2022. Until then, expect the casino to be crowded right after launch as everyone rushes to check it out. It will be open 24/7 so you can come late in the evening or early in the morning to see it when it is not so crowded.

For more information on buying or selling 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.

Featured Listing: 15016 High Bluff Court

June 18, 2021 by lkw_df Leave a Comment

If you have always wanted the perfect home in Regency at Palisades, bring your offers. This amazing home at 15016 High Bluff Court was just listed and won’t last long.

This home is located in the award winning community of Regency at Palisades. This highly desirable neighborhood features amazing amenities including a clubhouse, fitness center, game court, golf, outdoor pool, playground, sports court, tennis courts, and walking trails. It is also right next to Lake Wylie for water sports of all types.

This stunning ranch home offers features rarely found in the neighborhood and shows just like new. There is a private backyard, and upgraded side load garage. Inside the garage is a workshop space but there is still room to park two cars. The full brick exterior has clean architectural details and features mature landscaping.

Interior features include a recently upgraded gourmet kitchen with cast iron farmhouse sink, new quartz counters, Jenn Air gas cooktop, walk-in pantry, and soft close cabinets. The open floor plan allows sightlines from the kitchen to the great room and breakfast room. The generous master suite was extended so it is now a true master retreat with a walk-in-closet and master bath with a generous tub and separate shower.

Two other bedrooms, one and a half other bathrooms, laundry room, dining room, and a home office round out the 2,344 square feet. There is great attention to detail with extensive millwork including trey ceilings, wainscotting, and crown molding. Out back you’ll find a partially covered deck perfect for entertaining. You don’t want to miss out on this home, it will go quickly.

For more information about this home, see the full listing here. To learn more about this or any other neighborhood in the Lake Wylie area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Featured Listing: 4576 Charlotte Highway

June 16, 2021 by lkw_df Leave a Comment

Have we got the ideal investment property for you. 4576 Charlotte Highway in Clover, South Carolina is a gem of a rental property with strong rental history. You can have short and long term investment goals with this property.

This listing has a great location, set a little bit back from the main road, but right along a high traffic area in the heart of Lake Wylie. The property is zoned BD-III which is building development district III. The current tenant is a landscape company. There would be no immediate need to do anything else with the property.

The house itself has three bedrooms and 2 bathrooms in a total of 1,628 square feet. It sits on a .39 acre lot with a long driveway. There is a deck out back as well as a fireplace in the living area. The home is zoned for award winning Clover schools.

With a little bit of time, the property could have a great long range investment as it is a commercial lot that sits surrounded by retail and restaurants. As Lake Wylie grows and expands, the value of this property will appreciate. In the meantime, you could be the beneficiary of steady rental income.

To learn more about this great property or any other 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. To view the listing on this property, click here.

May Market Report: Greater Lake Wylie Area

June 15, 2021 by lkw_df Leave a Comment

The May numbers have been published by the Canopy Realtor Association and they look very similar to previous months. There is still a severe lack of supply of homes, with high demand driving prices higher and we are still seeing homes sell for more than list price. There are new homes coming on the market, but so far supply has not caught up with demand.

In the Charlotte area as a whole, there are now just 3,104 homes for sale, representing a 0.6 month supply of homes. They are selling for an average of almost $395,000, up 27.4% from last year at this time. Sellers are receiving on average 101.6% of the list price for their homes. Homes are selling quickly with the average home going under contract in 16 days, down 55.6% from last year.

When you look at the numbers for the greater Lake Wylie area, you see that we are following the same trend. There are 130 homes on the market right now representing a 0.8 month supply of homes. The average sale price rose 36.2% from last May to just over $515,000. Sellers are typically getting 101.8% of the list price for their homes. Homes are receiving a contract after an average of 18 days on the market.

When you look ahead based on this report, you can see that there are more new listings than last year at this time, 34.6% more, but we still have not recovered from a slow spring. We may see more people listing homes over the summer so they can get settled in new schools before the next school year starts. If we get more supply, it could finally be more than the demand and we could see prices start to stabilize. Until then, expect multiple offer situations and offers above list price to continue.

Give us a call at 803-831-8588 to learn more about buying or selling a home in the Lake Wylie area. You can view current listings and create custom searches on our website here.

Carowinds is Open for Summer!

June 11, 2021 by lkw_df Leave a Comment

It’s that time of year again, Carowinds has opened for summer! It’s a great getaway for young and old alike with thrill rides, adventure, waterpark, and much more. The 2021 summer season is underway with the waterpark opening this weekend to join the rest of the park.

There are a few differences this year, with reservations for entry to keep park visitors numbers reduced. Reservations are required for season ticket holders as well as day pass visitors. Visit the Carowinds website https://www.carowinds.com/ to make reservations. Slots are filling up quickly, especially reservations for the main park and waterpark. Be sure to get yours today.

Masks will still be required for guests that have not been vaccinated for Covid-19, but temperature checks are no longer necessary. With vaccination rates on the rise, that means that you should see many maskless faces making the park feel almost like normal again.

If you do go to the waterpark, be sure to check out the new Boogie Board Racer, the longest mat racing slide in the Southeast. It joins the almost 60 other rides, the rest of the waterpark, and the live entertainment to keep you having fun all summer long.

For out of town guests, there is an onsite hotel and campground so there are accommodations for every budget.

There is something for everyone at the park, just don’t forget to bring your sunscreen, or do since they sell sunscreen at shops throughout the park.

For information on buying or selling 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.

Valhalla Axe Throwing Open in Belmont

June 10, 2021 by lkw_df Leave a Comment

If you’re like us, this past year has been frustrating and we can use an outlet for that frustration. Enter Valhalla Axe Throwing in Belmont. This great business channels your inner viking to great effect and entertainment. Valhalla is part of the Backyard Axe Throwing League and is perfect for small or large groups.

Axe throwing has gained popularity in recent years all across the country. It is a great way to let off steam, but it has also become a sport in it’s own right. Robert White is behind the project and he has already opened another location in Eastridge Mall in Gastonia. The new location is on Woodlawn Street and has 3,750 square feet, enough for 80 customers at a time to throw axes safely. You can play as a team or individual, with or without competition.

Customers pay an hourly rate to throw the axes and don’t have to worry about ordering alcohol or food as they are not on the menu. This is truly just a sporting club with a lounge and service area. Now is the time to test out your quarantine body strong from your Peleton to get a great core and arm workout on one of the 10 axe targets.

Valhalla Axe Throwing opened on May 28th so come on in anytime. An hour will cost you $20 per person with two hours only $35 per person. There are group rates for small parties, corporate events, or other large gatherings.

For food and drinks, make sure to check out The Thirsty Dog across the street. You don’t have to be a dog owner to become a member. Here is a great place to get your craft beer, mixed drinks, and food. North Belmont is a great place to explore, especially on bad weather days when you don’t want to be out on Lake Wylie.

For more information on buying or selling 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.

Neighborhood Spotlight: Somerset at Autumn Cove

June 4, 2021 by lkw_df Leave a Comment

On the shores of Lake Wylie, you’ll find a fantastic neighborhood with great amenities, close to all of the conveniences you need. Somerset at Autumn Cove is a highly desirable community right off of Highway 49 in the heart of Lake Wylie.

Residents of Somerset at Autumn Cove enjoy lake access, pool, cabana, and boat storage. They are close to schools, the YMCA, and many options for shopping and dining.

Somerset at Autumn Cove was developed by Eastwood Homes between 2008 and 2017. These homes sit on large lots with some approaching an acre in size. Interior lots are wooded and offer great private spaces. Homes with lake frontage typically have docks, floating docks, piers, and outdoor living spaces perfect for taking advantage of sweeping views of Lake Wylie.

Many of the homes have full basements giving a range of between 1,800 to almost 4,000 square feet of living space. There are one, two, and three story plans in the neighborhood with 3-6 bedrooms, 2-5 bathrooms, and 2 or 3 car garages. These homes have open and flexible floor plans with guest suites, media rooms, home offices, and chef’s kitchens. Owner’s suites feature spa-like bathrooms, amazing attention to detail, and relaxation galore.

In the last year, 12 homes sold in Somerset at Autumn Cove for an average sale price of just under $400,000. Most of these homes sold in less than a week for list price or above. There are currently four homes on the market with three of them already under contract. One additional home is coming soon so there is still a chance of getting in on this amazing community.

For more information on buying or selling a home in Somerset at Autumn Cove or any other neighborhood 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: Stowe Point

June 2, 2021 by lkw_df Leave a Comment

Picture a serene enclave of homes with great amenities, Belmont schools, close to Lake Wylie and you have Stowe Point. This great North Carolina neighborhood has all of that and more. It is a desirable place with homes selling quickly and home prices appreciating.

Stowe Point is in an ideal location surrounded by large forested tracts of land. This gives a feeling of seclusion even though you are just a half mile from a Harris Teeter grocery store, Starbucks, and Chick Fil-A restaurant.

The neighborhood was originally developed by Lennar Homes and was completed in 2015. Homes show like brand new and include desirable features like open floor plans, and large kitchens with islands. Homes typically have 4-6 bedrooms and 3-4.5 bathrooms. Most homes have around 3,000 square feet of heated living space and at least 2 car garages. Neighborhood amenities include a pool, playground and walking trails.

In the past year, 14 homes sold in Stowe Point with an average sale price of $340,000. Most of the homes sold after being on the market for less than a month and in a lot of cases in less than a week. This reinforces that Stowe Point is a great desirable neighborhood. There are currently 4 homes on the Market in Stowe Point with another 2 coming soon. Three of the homes are already under contract. The average list price of these homes is just over $400,000.

For more information on buying or selling a home in Stowe Point or any other neighborhood in the Lake Wylie area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.