Lake Wylie Blog

Explore Rustic Trails

December 27, 2018 by lkw_df Leave a Comment

One of the best kept secrets in Belmont, North Carolina is the small family-friendly neighborhood of Rustic Trails. This idyllic location is secluded and private while at the same time just minutes to downtown Belmont. There is no HOA, low county taxes, and great Belmont schools. What’s not to love.

Rustic Trails is located between The South Fork Catawba River and the the Catawba River directly south of downtown Belmont. The neighborhood is just off South Point Road and has easy access to grocery stores, restaurants, churches, parks, outdoor recreation and more. There is nearby highway access taking residents to Charlotte Douglas International Airport and Uptown Charlotte. A quick trip will have you at community events in Belmont, Gastonia, or Uptown Charlotte.

Homes in Rustic Trails don’t come on the market often, so they are worth watching out for. These affordable homes were built in the 1980’s and have tons of character. There are many different styles of homes from one story to split-level to two story. Many sit on lots over an acre in size which leaves plenty of room for outdoor living spaces. Some home have pools, wooded lots, decks, detached garages and workshops and much more.

Homes here typically have 1,300 to 1,600+ square feet of living space with 3 bedrooms and 2 bathrooms. Some of the homes have been updated since they were built, however there are opportunities to update homes yourself. In the past year, homes in Rustic Trails sold for between $171,500 and $203,000 which makes it really affordable for many families.

Children in Rustic Trails are currently zoned for great Belmont schools. Assignments are for Belmont Central Elementary School, Belmont Middle School, and South Point High School. Please verify school assignments as they can change from time to time and boundaries occasionally cut through neighborhoods.

Visit Lake Wylie’s Cooks Cove

December 19, 2018 by lkw_df Leave a Comment

Cooks Cove is a beautiful enclave of gated luxury homes on the shores of Lake Wylie. These homes are a true escape from the busy pace of life. Enjoy lake living at its finest in one of these homes that rarely come on the market. This great location has everything you need along with great schools and is truly an oasis.

The neighborhood is located on the shores of Lake Wylie off of Lake Wylie Road. Residents can get quickly to Highway 49 to connect with I-485 and I-77. This will easily get you to Uptown Charlotte and Charlotte Douglas International Airport. There are also nearby options for shopping, dining, and entertainment.

With custom homes built in the early 2000’s, Cooks Cove has every feature you would expect in a modern luxury home. Some of the homes feature salt-water pools, home theaters, libraries, wine cellars, sports courts, 4 or more car garages and much more. Homes typically have around 4,000 to 8,000+ square feet of heated living space. Most of these homes have at least 4 bedrooms and 4-6 bathrooms.

Expect master suites with spa like bathrooms and custom closets. Many of the homes have fully finished basements adding valuable space for living and entertaining. The waterfront homes have docks, boathouses, and/or floating docks. Many of the homes have extensive outdoor living spaces including outdoor kitchens, decks, paver patios, screened porches and more. Homes have custom cabinetry, high ceilings with trey and coffered details, tankless hot water heaters, central vacuum systems just to name a few.

Children in Cooks Cove currently attend Crowders Creek Elementary School, Oakridge Middle School, and Clover High School. These schools are top in the area which makes Cooks Cove even more desirable. Please verify school assignments as they can change from one school year to the next.

Neighborhood Spotlight: Catawba Heights

December 19, 2018 by lkw_df Leave a Comment

Just North of Belmont Abbey College sits the amazing neighborhood of Catawba Heights. The homes come in all shapes, sizes, and ages for an eclectic mix where there is sure to be a home to suit any family.

The location is perfect for this neighborhood, close to downtown Belmont giving access to restaurants, shopping, and community events. There is nearby highway access taking residents quickly to Charlotte Douglas International Airport, and Uptown Charlotte. There is possibility of light rail coming through the area in the next few years making the location even more attractive. The US Whitewater Center is nearby for watersports, biking trails, and much more. There are many options nearby for shopping, dining, and entertainment.

Some of the homes are small and are perfect for students. Some of the homes are larger, perfect for families. There are new construction homes as well as older homes with character. Many of the homes have been updated, remodeled, or have additions. There are also many homes that are in original condition just waiting for you to add your personal touches.

Homes in Catawba Heights range from 672 to 2,600 square feet of living space. They range from a 1 bedroom, 1 bathroom homes all the way up to a 4 bedroom, 2.5 bathroom home. There are many ranch style homes as well as two story homes for some of the larger plans. Lots range from a fifth of an acre up over half of an acre and many lots are wooded and feel really private.

In the past year, homes in Catawba Heights have sold for between $52,500 and $319,000 with an average sold price of $142,500. There are currently 6 homes on the market in Catawba Heights representing a 4.2 month supply of inventory.

Retreat on Woody Point Road

December 12, 2018 by lkw_df Leave a Comment

A once in a lifetime opportunity has just become available on the shores of Lake Wylie. This one of a kind retreat includes four separate tax parcels and a total of 4.885 acres that includes 669 feet of frontage on the lake. This is a great chance to get away from it all on amazing Woody Point.

These properties are all being sold together in a rare chance to take them as-is, or subdivide them per the R-5 zoning. There are two waterfront parcels, each containing a two bedroom, one bathroom cabin built in 1949 with around 1,000 square feet of living space. Each cabin has its own separate well and septic system. One waterfront lot has 0.575 acres and the other is 0.64 acres. The remaining 3.67 acres have no water frontage but are wooded and have road frontage. All parcels are being sold as-is which leaves plenty of room for renovations, rebuilding, developing, or conservation.

The location of this property is fantastic. Woody Point is tucked away from the main channel of Lake Wylie. This provides privacy and less water traffic for a serene retreat. Residents have quick access to Shopton Road connecting to shopping, dining, entertainment, and more. There is convenient access to highways I-77, I-485, Uptown Charlotte, and Charlotte Douglas International Airport.

Current listing price is only $949,000. Property addresses are 13842 and 13846 Woody Point Road. Tax ID’s are #1998225, 19908230, 19908226, and 19908202. For additional information, survey, maps, or to schedule a private tour, call us at 803-831-8588. To view the full listing, click here.

November Market Report

December 11, 2018 by lkw_df Leave a Comment

Once again the Carolina Regional Realtor Association has released their monthly report based on data from the Carolina Multiple Listing Services, Inc. They report on the entire Charlotte Region which includes a few counties in South Carolina around Lake Wylie, Fort Mill and Rock Hill.

Based on the report data as of the end of November, the Charlotte Region is still seeing the trend where prices are rising, inventory is decreasing, and closed sales are down year over year. This trend has been going on for a while now and there is no apparent end in sight at this time.

In the entire Charlotte region, inventory was down from 10,428 homes to only 9,701 homes on the market. There is hope for inventory going up as new listings were up 2.6%. Recovery to a balanced market between buyers and sellers is going to take a while as there is only a 2.4 month supply of homes and we need 6 months or so for a balanced market. That means that sellers still have the best position in real estate deals right now.

When you look into the report for just the Lake Wylie area, the numbers look a little bit different, but small sample size can skew the numbers to make small changes look extreme. For example, home sales were up 34.8% from November of last year, but they went from 69 to 93, only a change of 24 additional sales. The increase in sales is in opposition to the trend in the entire Charlotte region which was down 11.9% year over year.

Prices in Lake Wylie are on the the rise with the average home selling for $417,547. This is up 2.4% from last year and is $131,109 higher than the average home price in the entire Charlotte region. Inventory is down year over year from 367 to 357 bringing the months of inventory from 3.9 to 3.5. This is above the 2.4 month supply for the entire region, but still below the 6 months of a balanced market between buyers and sellers.

New listings were down year over year from 101 to 93, a decrease of 7.9%. Pending sales were up from 77 to 86, an increase of 11.7%. It remains to be seen if these trends will continue or if the market is beginning to slow down and become more balanced.

Check out Amity Acres in Belmont

December 7, 2018 by lkw_df Leave a Comment

Just southeast of downtown Belmont you’ll find the sweet little community of Amity Acres. Featuring midsize homes, Amity Acres has reasonable prices, a variety of architecture, and great Belmont schools. These desirable homes are worth a look.

Built from the late 1950’s to the 2010’s, Amity Acres has many different styles of homes from Tudor to ranch to split-level, you can definitely find a home for your family here. Many of the homes have add-ons, or been remodeled since they were built. Some of the additions provided garages, while others provided additional living spaces. There are a few newer construction homes that blend in well with the neighborhood.

Amity Acres is located just off South Point Road, at the intersection of Stowe Road. There are many options nearby for shopping, dining, and entertainment. Highway access is nearby and connects you easily to Charlotte Douglas International Airport, or for a trip of commute into the city. Planned light rail should be coming to the Belmont area in the next few years which makes this location even more desirable.

The neighborhood is adjacent to the Catawba River and features old growth trees, sweeping lawns, lush landscaping, and large lots with plenty of privacy. Most of the homes have 3-5 bedrooms and 2-4 full bathrooms and span between 1,700 to 3,500 square feet of living space.

Children in Amity Acres currently attend Belmont Central Elementary School, Belmont Middle School, and South Point High School. Please verify school assignments as they can change from one school year to the next and boundaries occasionally cut through neighborhoods.

In the last year, homes in Amity Acres sold for between $218,000 and $312,000 with an average sale price of $250,000. There are currently two homes on the market in the neighborhood representing an 8 month supply on inventory. This is in comparison to the 4.9 month supply of inventory for all of Belmont.

Neighborhood Spotlight: Boatshore

December 5, 2018 by lkw_df Leave a Comment

If you think lake living is out of your reach, think again. The highly desirable neighborhood of Boatshore has affordable single-family homes on Lake Wylie. This great location has a Rock Hill address and schools with lower South Carolina taxes. What’s not to love?

You enter the neighborhood from Mt Gallant Road between Museum Road and India Hook Road. This location is convenient to the Rock Hill/York County Airport. There is easy access to I-77 for a quick trip to Charlotte Douglas International Airport or Uptown Charlotte. There is great shopping and dining close by as well.

Streets in Boatshore are all named for different species of butterflies. This nature theme extends to the wooded rear lots and to Ebenezer Park which is walking distance away and features campsites, public boat ramp, swimming beach, picnic shelter, playground, and ranger station. There is no direct lake access from the neighborhood so the park is the nearest access. There is also Marine storage for your boat just down the road.

Boatshore has 72 lots and five cul-de-sacs making a quiet and intimate neighborhood. Homes were built between 2004 and 2005 and are typically between 1,100 and 1,400 square feet in size. Open floor plans are common and most homes have 3 bedrooms and 2 bathrooms. Many of the homes have outdoor living areas including decks, patios, fire pits, porches and more.

Children in Boatshore currently attend Mt. Gallant Elementary School, Dutchman Creek Middle School, and Northwestern High School. Please verify school assignments as they can change from one school year to the next and zoning boundaries can occasionally run through a neighborhood.

In the past year seven homes in Boatshore have sold for an average price of $187,671. The price range over that same time period was $172,500 – $204,900. These homes are great for singles, families, and are great for downsizing. Boatshore is definitely worth a look.

Explore Adams Bluff in Belmont

November 29, 2018 by lkw_df Leave a Comment

If you are looking for a great neighborhood with affordable homes in the Belmont area, look no further than Adams Bluff. You will get a wonderful home at a great value in a perfect location with desirable schools. What’s not to love?

Located just to the east of downtown Belmont, Adams Bluff has a great location close to shopping, dining, and community events. There are multiple parks close by and residents can walk to Kevin Loftin Riverfront Park right on the Catawba River. There is nearby access to Highway 74 and I-85 for a quick trip to Uptown Charlotte or Charlotte Douglas International Airport.

Homes in Adams Bluff were built between 1905 and 2001. The original homes in the neighborhood are mostly craftsman and bungalow in style with great architectural details and tons of charm. Many of the newer homes mimic the style of the original homes. Some of the newer homes are larger in size as some of them have second floors.

Adams Bluff features homes that have between two and three bedrooms and two to two-and-a-half bathrooms. Most homes have square footage between 900 and 1,600 square feet. Lots are small and easy to maintain. In the past year, homes have sold for between $157,000 and $212,500 with an average price of $192,225. There are currently no homes on the market in Adams Bluff, but there are typically almost 12 homes per year that sell in the neighborhood.

Children in Adams Bluff currently attend Belmont Central Elementary School, Belmont Middle School, and South Point High School. Please verify school assignments as they can change.

Exciting changes are underway for the Belmont area making it a very desirable place to live. Light Rail plans are in the works which means an Uptown commute will potentially be easier in the future. When the project is officially underway, prices could soar.