Lake Wylie Blog

YMCA Possibly Coming to Steele Creek

October 23, 2019 by lkw_df Leave a Comment

Paperwork has been filed for a new YMCA in Steele Creek. This location is the perfect place for families in Lake Wylie to hit on their way home from an Uptown commute. It will be easy to get kids there for weekend sports games, or swimming lessons. The YMCA is definitely a place to bring the community together.

The new YMCA proposal would be located on Sledge Road and Steele Creek Road. The current proposal would have up to 15,000 square feet of indoor recreation as well as plenty of space for outdoor recreation as well. This would most likely include many types of sports fields and pools.

Homebuilder Pulte Group filed a petition for rezoning of the land for the intended use in August. The entire parcel has 272 acres and would have up to 697 single family homes with 120 age-restricted units for 55+ residents.

Of course, all of this development depends on the approval from city council, but the area is booming with growth. This would be the first YMCA for the Charlotte area since the construction of Sara’s YMCA three years ago. Steele Creek is great because it is close to the lake as well as close to the city. It is a nice in-between point that is fully coming into its own as a destination.

This YMCA would join the other 25 locations in the Greater Charlotte Area. The new location would have the expected features of other locations including childcare, classes, independent workouts, camps, bootcamps, swimming, education, accessibility, day camps and more.

If you are looking to buy or sell a home in the Lake Wylie area, call us at 803-831-8588. To view current listings and create custom searches, visit our website here.

Project Destiny Proposed

October 17, 2019 by lkw_df Leave a Comment

Just south of Lake Wylie, on the Rock Hill side of the Catawba River lies Project Destiny. This 1,900 acre tract of land was purchased by York County for $21 million in 2018, and the proposal was just presented to York County Council. The plan was presented by architects and it looks like it is really going to be something. The county envisions the project to be similar to the Anne Springs Close Greenway in Fort Mill, South Carolina. This means preservation of the area, as well as facilities for visitors.

The land is located off of Neely Store Road and currently has only one entrance. With just under 2,000 acres, there will likely be multiple entrances for visitors. With around six miles of water frontage, this park will be truly unique and could be a great regional draw for visitors.

The next step for York County is to acquire a conservation easement for the property. The easement would make sure that, in perpetuity, the land is not developed. After that, there will be plans for additional roads, parking lots, trailheads, emergency phone service, and restroom facilities. It is likely that the first phase would grant water access to visitors.

Future development of the site may include additional recreation options, venues, and events. It is common in projects of this sort to have 100-year vision plans so other options may be a part of that plan.

Despite this project being a little bit far from Lake Wylie, it is still part of the Catawba River, and is close enough that residents will enjoy visiting. We may be seeing the first phases of Riverbend Park in as few as 9 months, or it could be slightly longer. In any case, this is truly a worthy project and will be a gem on the waterfront.

If you are interested in owning a home in the Lake Wylie area, call us at 803-831-8588 to schedule a private tour of homes. You can view current listings and create custom searches on our website here.

New Shopping Options Coming in Steele Creek

October 16, 2019 by lkw_df Leave a Comment

One of the pitfalls of living in the Lake Wylie area is that there are not as many options for shopping and dining out there. If you live closer in to town, you have many more options, but you don’t have the lake lifestyle. These trade offs are about to be less of a problem for lake residents as they are about to get more shops and restaurants nearby.

The new shopping center will be located on Steele Creek Road near the intersection with Interstate 485. There are existing shops already across from this spot, including a Walgreens, Starbucks, and Harris Teeter. Less than a mile away are the Charlotte Premium Outlets. This new development is expected to have a wide range of tenants from a steak restaurant, to bank, to cell phone provider to healthcare services.

Konover South, an over 60 year old firm based out of Florida, bought the property for $4.8 million and closed the deal last week. This is their first property in North Carolina, though they have many properties in Florida and Ohio. They are now in the planning stage where they will come up with the design and work through the permitting process. The construction phase of the development should begin in early 2020 with completion sometime in 2021. They are planning on around 32,000 square feet of space so there could be more tenants depending upon the plan.

Lake residents will be pleased with additional retailers to support them. There are so many new developments in the Lake Wylie area that we need more options.

September Market Report

October 12, 2019 by lkw_df Leave a Comment

Lake Homes Realty, an Alabama-based firm has ranked Lake Wylie the fifth-largest lake market from the 100-plus Multiple Listing Services they reported on. According to their report, the value of homes listed for sale, based on data for three months ending August 14th, was over $455 million. There were 1,082 homes available, which ranked Lake Wylie number 3. Their report only looked at homes and land that were adjacent to a lake, included a water view, lake access, or were in a lake-focused neighborhood. This could mean that neighborhoods that were not on the lake, but were considered by consumers to be lake listings were included as well.

When you look at the numbers from the most recent report from the Charlotte Regional Realtor Association’s Multiple Listing Service report, you find that the Lake Wylie region is humming along quite nicely. Almost category was up from the year before. Supply of homes was down to just a 3.2 month supply of homes, getting closer to the 2.2 month supply for the entire Charlotte region. This is not surprising given the general trend of lack of supply that has been plaguing the area for some time. New listings have not been able to keep pace, and this in turn has pushed prices even higher.

Lake Wylie is still more affordable than Lake Norman where the average price for a home is $472,444, but the average price for a home sale in Lake Wylie has risen to $423,236. Rising prices may be pushing some buyers to lakes further away from Charlotte when looking for their dream home or second home. However, there are still affordable options in Lake Wylie.

Pending sales were up 96.9% year over year and new listings were up 44.9% showing that for the next few months at least the market will continue to be strong. Closed sales were up 14% year over year and are up 12.8% year-to-date.

If you are interested in 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.

View the 2019 Parade of Homes

October 9, 2019 by lkw_df Leave a Comment

The annual Parade of Homes has already started, but there is still plenty of time to tour these amazing homes. This yearly event is brought to you by The Homebuilders Association of Greater Charlotte. It’s like the largest open house where you can tour a variety of different homes in different price points, areas, and styles. This event is free to the public, but it may just help you purchase your next home.

Homes on the tour are presented by local and national homebuilders and are in some of the most desirable neighborhoods. There are many neighborhoods in the Lake Wylie area that made the tour. The rest of the tour is spread over the entire Charlotte region.

The tour runs for three weekends with only the first already done. The next dates are October 11-13 and October 18-20. Homes are open from 11:00 am to 6:00 pm on Fridays and Saturdays, and from 1:00 pm to 6:00 pm on Sundays. Homes in neighborhoods closest to Lake Wylie are:

Paddlers Cove by Dan Ryan Builders
Arden Mill by Classica
Timberwood by Essex Homes
Harper’s Pointe by Taylor Morrison
The Meridians by Meritage Homes
Regency at Palisades by Toll Brothers (3 homes on the tour)
North Reach by Taylor Morrison
McLean by Essex Homes
Morgan’s Branch by Taylor Morrison

For more information on the most updated dates and times for the tour, you can like and follow on Facebook or you can check out the interactive Parade of Homes website ParadeCharlotte.com. They do have online maps or you can pick up a printed tour book at any of the homes.

Always remember that agents in those homes will work for the builder, so if you want fair representation in a transaction, bring your Realtor with you to help you negotiate. The seller pays for the buyers agent so there is no cost to you. If you are interested in purchasing a home in the Lake Wylie area, bring us along on the tour, or schedule a private tour without the crowds by calling 803-831-8588. You can view all current listings and create custom searches on our website here.

Investment Opportunity in Hamiltons Bay

October 3, 2019 by lkw_df Leave a Comment

Are you interested in second, mostly passive income stream? Rental property could be the right choice for you. There are not many opportunities in the Lake Wylie area to get in on a starter income property, but Hamilton’s Bay Condominiums are a great place to start. There are also opportunities to own and live in one of these units. They are a great price, a great location, and are zoned for award winning schools and have lower South Carolina taxes.

Hamiltons Bay was built in 1990 and has 216 units in 3-story buildings with condos and townhome options. There are one, two, and three bedroom units with one to two bathrooms. Many of the units have been completely remodeled, and some have opportunities to update them. Some of the units are fully furnished corporate units available for short term leases.

Amenities for Hamiltons Bay include fitness center, playground, laundry center, outdoor swimming pool with kiddie pool, patio area with grills, picnic area, tennis court, and complimentary boat and RV parking. There is also on-site management with 24-hour emergency maintenance.

To find Hamiltons Bay, go across the Buster Boyd Bridge to the South Carolina side of Lake Wylie. In the heart of Lake Wylie, Hamiltons Bay is on the right hand side just off Highway 49. There are many options for shopping, dining, and entertainment within just a few minutes. Going a little bit further away, you’ll find additional choices as well as outlet malls. A trip to Uptown Charlotte for work or pleasure is only 20 miles. Charlotte Douglas International Airport is just under 20 miles, perfect for a weekend retreat or a business trip.

There are currently no homes on the market in Hamiltons Bay and they do sell quickly when they do hit the market. In the past year 10 homes sold for between $87,500 and $127,000. Most of them sold the first week they were on the market and sold for between 94% and 103% of list price.

If you are interested in a home in Hamiltons Bay, call us at 803-831-8588 and we will contact you as soon as one hits the market. You can view all current listings and create custom searches on our website here.

Great Value in Lake Wylie Woods

October 3, 2019 by lkw_df Leave a Comment

There are just a few private condominium communities on the shores of Lake Wylie, and Lake Wylie Woods may just be the best of them. This wonderful peaceful spot is located on 15 acres of lakefront property with amazing views and the serenity of lake living. Lake Wylie Woods is zoned for top rated Clover Public Schools as well. Why pay exorbitant rent when you can own your home in Lake Wylie Woods?

Lake Wylie Woods is conveniently located just 17 miles from Uptown Charlotte. The neighborhood is right in the heart of Lake Wylie township off Highway 49 near the Buster Boyd Bridge and just across the highway from YMCA Camp Thunderbird. Nearby you will find shopping, dining, recreation, sporting events, public boat launches,

The cedar sided buildings of Lake Wylie Woods make you feel like you are in a treehouse as there are old growth trees surrounding the community. Imagine entering this retreat and all of your cares fall away. There are just 84 units that rarely come up for sale and they sell quickly once they hit the market.

The homes in Lake Wylie Woods are 2 bedrooms and 2 bathrooms and all have either just under or just over 1,000 square feet of living space. Many of the homes have been completely updated since there were built in the mid-1980’s. Each home also has a balcony and/or patio for outdoor seating to enjoy the lake. The community amenities in addition to the lake include an outdoor pool and a dock and pier.

In the past year homes in Lake Wylie Woods have sold for between $120,500 and $202,000. The reasonable prices mean that homes don’t stay on the market long and there are currently no homes for sale. If you are interested in a home in Lake Wylie Woods, call us at 803-831-8588 and we will contact you as soon as one hits the market. You can view all current listings and create custom searches on our website here.

Neighborhood Spotlight: The Sanctuary

September 25, 2019 by lkw_df Leave a Comment

There are still chances to own a home in the amazingly tranquil custom neighborhood The Sanctuary. Located on the shores of Lake Wylie, but with a Charlotte address, The Sanctuary lives up to its name. There are resale homes and lots available in this exclusive tight-knit community.

Comprised of 1,350-acres of wooded land, The Sanctuary is unique as it has 22 miles of trails for residents to enjoy while cycling, hiking, or walking. There are many other amenities in the community including community Jr. Olympic pool, splash pad, tennis courts, and pickle ball courts. Inside the lodge, you’ll find a 24/7 fitness center, kids room, and gathering spaces available for rent for private events. Lake access is available to residents as well, with boating, kayaking, camping, and canoeing. Dock slips are available for lease for residents without direct water access.

The amenities aren’t the only great thing about The Sanctuary, the homes are pretty impressive as well. Homes sit on lots that are between 2 and 13+ acres providing plenty of privacy and room for outdoor living. There is also room on larger lots for additional structures such as boat storage, guest houses, studios, tree houses, home offices and more. Homes are estate sized with many over 5,000 square feet of living space. This means there is room for families of any size and private amenities like chef’s kitchens, bedroom suites, custom closets, home theaters, wine cellars, saunas, steam rooms, home gyms, and more.

There are 187 lots in the community, 90 of which currently have homes. There are 33 lots currently for sale through the MLS and they are all perfect for using one of the 15 approved custom builders.

The Sanctuary is located about 20 minutes from Uptown Charlotte and is close to highway access perfect for a commute or just a trip into town for a game, concert, or museum. There is convenient shopping close by in Steele Creek.

If you would like to schedule a private tour of available homes or land in The Sanctuary, call us at 803-831-8588. You can view current listings and create custom searches on our website here.