Lake Wylie Blog

Neighborhood Spotlight: Handsmill on Lake Wylie

April 2, 2021 by lkw_df Leave a Comment

If you’re looking for a great waterfront neighborhood in Lake Wylie, South Carolina, look no further than Handsmill on Lake Wylie. Handsmill is just 30 minutes from the center of Charlotte, North Carolina, has lower York County taxes, and coveted Clover schools. There are great neighborhood amenities and new construction homes available as well as a few lots left to build your dream home.

Handsmill on Lake Wylie is located off of Handsmill Highway on the South Carolina side of the Lake. It is just a few minutes away from downtown Lake Wylie and close to highway access. There are many nearby restaurants, places to shop, state parks, recreation and all of the conveniences you need.

Community amenities include a community clubhouse with outdoor pool, playground, and fitness center. The neighborhood is gated and also has streetlights for safety. In addition there are walking trails leading to a lake access with community dock and boat slips for lease to residents.

There are currently 7 homes for sale in Handsmill on Lake Wylie and all of them are under contract. There is one lot for sale. Homes with lake frontage command a premium of course and typically list for over $1 million. Interior homes are typically in the $400,000-$600,000 range. Homes have been selling quickly after listing with many going under contract in less than a week.

In the last year, 13 homes sold in the neighborhood and 5 lots also sold. Sale prices ranged from $460,000 to $1,700,000 for existing homes and $55,000 to $400,000 for lots depending on if they have lake frontage or not.

You have to be ready to go for listing or purchasing a home in the current market. We can help you get a jump on the next listing to hit in Handsmill on Lake Wylie if you call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Lake Crest

April 1, 2021 by lkw_df Leave a Comment

Along the banks of Lake Wylie, with rolling hills and abundant hardwood trees, you’ll find the newer construction neighborhood of Lake Crest. Built by Mattamy Homes, Lake Crest has a wide variety of homes with welcoming rocking-chair front porches. Residents enjoy lower South Carolina taxes, coveted Clover schools, and the laid-back Lake lifestyle.

The neighborhood is in close out mode, with no more properties available for new construction. This means that the noise of construction is almost at an end so residents can relax in their fabulous homes. These homes feature 9 foot ceilings on each floor with 8 foot doors making them feel grand and accommodating even the tallest people. Oversized gathering spaces are connected to thoughtfully designed kitchens with multiple eating areas. There are one and two story plans available for these homes, some with side load garages and some have front load.

The neighborhood is boutique style with great amenities. Amenities include pool, playground, walking trails, and sidewalks. Many homes have lake views for at least part of the year. There are nearby marinas for boat storage and lake access. Also close by are restaurants, shopping, and entertainment.

In the past year, 27 homes in Lake Crest sold for between $343,000 and $495,000 with the average sale price coming in at $418,526.

There are currently six homes on the market with four of them being the last of the new construction homes. This represents a 2.7 month supply of homes. All homes are currently under contract.

You have to be ready to go for listing or purchasing a home in the current market. We can help you get a jump on the next listing to hit in Lake Crest if you call us at 803-831-8588. You can view current listings and create custom searches on our website here.

New Watersports Business Coming to Lake Wylie

March 26, 2021 by lkw_df Leave a Comment

A new watersports business is coming on May first to Lake Wylie. The launch happens just as vaccination rates are on the rise and gathering rules are starting to relax. What more perfect way to celebrate than by getting in the water and enjoying yourself at Lake Wylie.

The new business is called Holley Watersports and is located at Papa Doc’s Shore Club right at the Buster Boyd Bridge access area. This area is typically known for motorized boat traffic, but now will have kayaks, paddleboards, and pedal boats available to rent from Holley Watersports.

Safety is key with Holley Watersports. They have all of the gear you need to be safe in the water. In addition, all participants, adults and children, will need to sign a waiver stating that they will follow safety rules.

There should be plenty of car parking as Papa Doc’s Shore Club has enough spaces for large gatherings like the 4th of July and boat parade events. This means that this is the perfect place to gather before you go out on the water, or for a celebratory meal or drinks after you get back from your lake adventure.

The business is similar to others in place on the Catawba River between Tega Cay and Rock Hill. These services have proved popular so it seems like it will be a great addition to this area. There are so many nearby neighborhoods that can benefit from the lake access in addition to corporate functions, parties, and much more.

You have to be ready to go for listing or purchasing a home in the current market. We can help if you call us at 803-831-8588. You can view current listings and create custom searches on our website here.

To read the full article, click here to read all about it in The Herald.

New Mattamy Neighborhood Coming to Rock Hill

March 24, 2021 by lkw_df Leave a Comment

Builder Mattamy Homes is in the process of building a new neighborhood in the Rock Hill area. The yet to be named project is seeking a rezoning petition to develop 207 residential units split between single-family homes and townhomes. The project will be located off of Sturgis Road near the Rock Hill Galleria with easy access to I-77.

This new construction comes at a time when the market is extremely tight. There are not enough homes to fulfill the demand of people moving to and around the Charlotte area. New listings can’t keep up with the current demand for homes. New construction can help ease some of the low inventory and these 207 homes can help ease the crisis we are facing.

This neighborhood will join three other Mattamy Homes neighborhoods in the Lake Wylie area. Cadence at Tega Cay from the $360’s, Lake Crest from the $365’s, and Ridgewater from the $350’s are all stellar communities. All three communities are still under construction so there are opportunities to build the perfect home for your family.

If you are not quite ready to purchase a new construction home, you could consider waiting for more details on this newest community when they become available. Give us a call at 803-831-8588 and we will get you the information as soon as it is announced.

You have to be ready to go for listing or purchasing a home in the current market. To find out what you need to do to be prepared to buy or sell 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.

February Market Report Greater Lake Wylie Area

March 17, 2021 by lkw_df Leave a Comment

As expected, the February numbers from the Canopy Realtor Association from the Canopy MLS system are yet again showing low inventory and rising home prices. Homes are selling quickly and new listings can’t keep pace with demand from buyers. This trend looks to continue for at least another month, but with vaccine rates rising, people will soon feel confident to change where they live so we should see a rise in new listings in the coming months.

When you look at the Charlotte Region (which includes 12 counties in North Carolina and 4 counties in South Carolina) you see that we are now down to just 2,958 homes for sale. This is down 64.2% from the 8,267 homes last February which was considered at the time to be historically low inventory. Median home price rose 11.7% from $262,640 to $293,495. New listings were down year over year by 6.2% representing just 4,481 new listings this month. Homes are going under contract on average in 31 days, even including new construction which typically pushes that number much higher.

When you look just at the numbers for Lake Wylie, you see that there are only 83 homes on the market, down 76.2% from the 349 homes last February. This represents just a 0.5 month supply of homes making it an extreme seller’s market.

Many sellers are commanding high prices for their homes, up to and in some cases over list prices. In fact, the average price a seller is getting on their home right now is 101.1% of the list price. The average home is now selling for 20.9% more than last February, up to $445,902.

There were just 119 new listings in February, down 14.4% from the year before. Pending sales were up 19.5% showing that there is still high demand. These homes are selling on average 34 days after listing.

Explore the Retreat at Sunset Ridge

March 16, 2021 by lkw_df Leave a Comment

Another great Lake Wylie neighborhood is The Retreat at Sunset Ridge. The neighborhood is located off of Lake Wylie Road near the intersection of Hands Mill Highway. This great spot is close to the Buster Boyd Bridge and the heart of Lake Wylie. This means community events, shopping, dining, and entertainment are all close by.

Homes in The Retreat at Sunset Ridge are newer, built between 2009 and 2021. There are some lots still available. Homes are typically large with between 3,000 and 4,000 square feet of living space. They have 2 car garages and full brick exteriors. Many homes have home offices, chef’s kitchens, custom cabinetry, and outdoor living areas.

Residents are zoned to coveted Clover schools, and enjoy lower York County taxes. Community amenities include a pool, clubhouse, and walking trails. In addition, nearby Lake Wylie has fishing, boating, and kayaking in addition to other watersports just a few minutes away.

There are currently four homes on the market in The Retreat at Sunset Ridge which represents 8 months of inventory. Compared to York County’s 2.4 month supply, it appears like a buyer’s market, but with two of the four homes currently under contract, sellers still might have an edge in negotiations.

In the last year, homes sold for an average of $550,407. Currently the average list price has risen to $686,265. There are also a few lots available in the neighborhood so you can build your dream home. They are listed between $85,000 and $90,000 and range from ¾ to just over an acre.

For more information on buying or selling a home in the Retreat at Sunset Ridge 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: Berewick

March 10, 2021 by lkw_df Leave a Comment

In North Carolina, just 10 minutes away from public Lake Wylie access, you’ll find the large community of Berewick. The neighborhood has great amenities, is zoned to award winning schools, and is close to many options for shopping, dining, and entertainment.

At the heart of Berewick is a 5,200 square foot manor house which serves as a gathering space as well as clubhouse, fitness center, catering kitchen, children’s activity center, and has an activities director overseeing community events. Additional amenities include a Junior Olympic swimming pool, splash pool and lounge areas. There is a large event lawn, community playground, picnic shelter, and baseball fields in Berewick Park. Additionally there are 300 acres of green space with hiking trails and a pond.

Berewick was built by four main builders between 2005 and 2020. There are townhome and single-family homes in the neighborhood in 8 distinct villages, each with a Scottish name. One and two story plans are available ranging in price from the $220’s to the low $400’s.

In the last year, 160 homes sold in Berewick with an average sale price of $345,914. There are currently 17 homes on the market in Berewick all under contract except for the newest listing which has been active for one day. These desirable homes are selling quickly in the extreme seller’s market right now. If you would like to join the residents of Berewick, you need to be ready to put in an offer as soon as a home is listed for sale.

For more information on buying or selling a home in the Berewick 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: Belmont Village

March 9, 2021 by lkw_df Leave a Comment

Minutes away from downtown Belmont, North Carolina you’ll find a sweet little neighborhood called Belmont Village. This exclusive neighborhood has just a few homes and they don’t come on the market often. Belmont Village has a great location, close to everything in Belmont, near Lake Wylie, and a quick commute to Uptown Charlotte.

Built by Bower Trust between 2010 and 2018, homes in Belmont Village show like brand new. Exteriors are full brick with detached side load 2 car garages with custom paver driveways. Large porches and wide windows make the homes inviting and bring in tons of natural light. Patios at the rear of the homes are great for morning coffee or to relax at the end of the day.

Inside, homes have between 1,800 to 3,000 square feet of living space. They all feature 9’ ceilings making them feel grand. Many homes are pre-wired for sound and smart technology and feature guest suites on the first floor, or home offices in that space. Details like coffered ceilings, custom built-ins, chef’s kitchens, and soaker tubs will really make them feel like home.

In the last year, three homes sold in Belmont Village ranging in price from $331,000 to $422,500. One of the homes sold after just 4 days on the market. There are currently no homes on the market in Belmont Village, but we can help you find one as soon as it is listed.

For more information on buying or selling a home in the Belmont Village 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.