Lake Wylie Blog

Lakeside Living in Chapel Cove

July 5, 2018 by lkw_df Leave a Comment

Chapel Cove is a new construction lakefront neighborhood in Lake Wylie near Charlotte, North Carolina. There are resort-style amenities, stunning homes, and lake living at its finest all with access to the conveniences of the city.

Located southeast of Charlotte, Chapel Cove is just off Shopton Road West. There is convenient highway access via I-485 at exit 4. This can quickly connect residents to I-85 or I-77 connecting them to all parts of the city. There are many options nearby for shopping, dining, entertainment and outdoor recreation.

There are three builders for Chapel Cove. Developer Crescent Communities chose Pulte Homes previously CalAtlantic, Taylor Morrison, and Fielding Homes. Each builder has different floor plans, a variety of finishes, and upgrades available to personalize the homes. There are many different price points so there is a home for most any budget.

Community amenities in Chapel Cove are great for residents of all ages. There is a clubhouse with kitchen, fitness rooms, and multi-use club room. The swimming pool has a splash area for children as well as adult spaces. There are courts for basketball, tennis and pickleball. Walking and biking trails wind through the neighborhood and have both hard and soft surfaces. There is a playground as well as pocket parks throughout the community. One of the trails takes residents to Lake Wylie and has a kayak and canoe launch with neighborhood provided kayaks.

Children in Chapel Cove currently attend Winget Park Elementary School, Southwest Middle School and Olympic High School. There are many charter and magnet school options nearby. Please verify school assignments as they can change from one school year to the next.

There are currently 16 homes on the market in Chapel Cove representing 3.3 months of inventory. In a typical month, 4.8 homes are sold in Chapel Cove. In the past year homes in Chapel Cove have sold for between $310,000 and $755,000 with an average sale price of $443,510.

Neighborhood Spotlight: Hall Park

June 29, 2018 by lkw_df Leave a Comment

It’s hard to find an affordable home in the Charlotte area as prices continue to rise. There are some great opportunities to own affordable homes when you go a little further out from the city center. One place that is great for is in Belmont.

Belmont is just 25 minutes away from the city, and 13 minutes to Charlotte Douglas International Airport. There are amazing shops, restaurants, entertainment, outdoor recreation and more close by. In Belmont proper you will find Belmont Abbey, and just outside of town in Daniel Stowe Botanical Gardens.

For affordable housing in Belmont, there is no better place than Hall Park. Located just North of Riverside Drive near the intersection with Belmont Mount Holly Road, Hall Park is convenient to I-85. Residents are walking distance to Belmont Abbey College and can also walk to restaurants and local businesses.

These quaint homes were built in the 1950’s and 1960’s. Many homes have been fully updated, but there are opportunities to update these homes and make them work for your family. Lots are large and have mature trees and manicured landscaping.

Homes have 2 or 3 bedrooms, and 1-2.5 bathrooms. Square footage ranges between 1,100 and 2,600. Many of these homes have original features that you just can’t find today such as aged hardwood floors, hall stands for telephones, arched doorways and more.

In the past year, homes in Hall Park have sold for between $118,500 and $242,500 with an average sale price of $184,467. These affordable homes don’t stay on the market long and there are currently no homes on the market in Hall Park. You need to be ready when the next one comes up for sale.

Stunning Lake Frontage: 4533 Forest Cove Road

June 28, 2018 by lkw_df Leave a Comment

Don’t miss our open house this Sunday, July 1st from 2-4 pm.

This amazing lakefront home is just what you have been waiting for. This is your chance to belong to the elite club of lakefront homeowners. And, what a stunning home.

Boasting an amazing lot with 0.86 acres, this home in Forest Cove has room for all of your family gatherings and parties. The yard has a flat grassy area perfect for all types of lawn games. The huge deck is perfect for watching the sun rise each morning while drinking your coffee. The deck leads down to the newly refurbished in-ground pool perfect for pool parties all summer long. Walk down from the deck to the firepit for smores at days end.

Walk down the path to the water’s edge where you will find a dock with boat lift. The mature trees from the yard make it feel like the lake is your own private oasis. The community also has a floating dock and pier for residents to use.

This home is located just off Armstrong Road, walking distance to the Harbortowne Marina and Ship Store and Seven Oaks Cafe, and right around the corner from Daniel Stowe Botanical Gardens. You will have a quick commute to Uptown Charlotte or just a day trip to visit museums, catch a sporting event or concert. You can easily get to Charlotte Douglas International Airport for a work trip or vacation, but you will always want to return to this retreat of a home.

When you approach the home you enter through the gated driveway. There is room for many cars to park in the drive as well as a two car garage. You enter the main level of the home which boasts gleaming hardwood floors, an updated kitchen, designer lighting, and much more. The updated kitchen has breakfast bars, island, and stainless steel appliances. The floor plan is open so one living area flows directly into the next.

There are three bedrooms and 4 full bathrooms in 4,082 square foot home. The septic permit is for three bedrooms, however the fully finished basement has many rooms that can be used like bedrooms. The spa-like bathrooms are spacious and newly updated. The basement has a steam shower as well as bar/entertainment area and the laundry.

This home is currently zoned for New Hope Elementary School, Cramerton Middle School, and South Point High School. Please verify school assignments as they can change from one school year to the next.

Come join us for the open house this weekend or call to schedule a private tour. This home won’t last long and is currently offered for $609,000.

Neighborhood Spotlight: Belle Meade

June 22, 2018 by lkw_df Leave a Comment

Belle Meade is a Belmont neighborhood with around 190 households with a great location and amazing homes. Built in the early 2000’s, these homes have open concept floor plans, plenty of flexible spaces, and all of the details.

Located off of South Point Road, Belle Meade is close to the Catawba River, Daniel Stowe Botanical Gardens and downtown Belmont. There is easy highway access to take residents to Uptown Charlotte or on a trip leaving from Charlotte Douglas International Airport.

Everything you need is close by, from shopping, to dining, to grocery stores, to churches, to

In the past year, homes in Belle Meade sold between $292,500 and $422,000. Homes range in size between 2,500 and 4,700 square feet of heated living space. Homes have between 4 and 6 bedrooms and 2.5-4.5 bathrooms. Two and three car garages are common as are all brick exteriors, tall trees, and wide sweeping lawns.

The interiors of homes in Belle Meade have hardwood floors, gleaming woodwork, chair rails, crown moulding, trey ceilings, spa like bathrooms, home offices and more. Outside they have great outdoor living spaces to take advantage of the wooded views.

Homes are currently zoned for Page 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.

Currently, there are three homes on the market in Belle Meade representing just 4 months of inventory. This is lower than the 4.3 month inventory for all of Belmont, but higher than the 2.2 month supply for the entire Charlotte region. This means that the market in Belle Meade is a little more balanced between buyers and sellers making multiple offer situations less common.

Lovely Lake Views: 2166 Lometa Road

June 20, 2018 by lkw_df Leave a Comment

If you’ve been looking for an opportunity to own an amazing home in Palm Tree Cove II, now is your chance. 2166 Lometa Road is a fantastic home built by Meritage Homes in 2015. The home sits on a 0.6 acre lot with water views making it a true showplace.

The home has innumerable builder upgrades which make it perfect for a new family to move in immediately. The exterior is a low maintenance hardiboard and brick. Waterviews are available from both levels of the front porch. The wide sweeping lawn is perfect for a game of croquet or badminton. The three car garage and driveway will store your vehicles and leave room for parking when you throw parties.

3,760 square feet of living space are spread out over two stories. The first floor is open and airy with abundant natural light. The kitchen has an enormous eat-in island and plenty of storage in the white cabinetry. Four bedrooms and three and a half bathrooms are included in the home as well as a study, mudroom, and dining room. The rear of the home has a patio with wooded view for additional privacy.

The first floor has luxe hardwoods and trim out details like trey ceilings and crown mouldings. Designer lighting really brings each room to life. Arched doorways and cutouts lend a graceful feel to each room. The spa-like bathrooms will help you unwind at the end of each day. There are even designer touches in some of the rooms like shiplap walls and art alcoves.

This property is in South Carolina which offers great schools and lower South Carolina taxes. This home is currently zoned for Bethel Elementary, Oakridge Middle, and Clover High Schools. Please verify school assignments as they can change from one school year to the next.

Don’t miss your chance to own this immaculate home. See our full listing for more details. We would love to schedule a private showing for you.

May Market Report

June 14, 2018 by lkw_df Leave a Comment

The housing market is continuing to be competitive in May according to the new data from the Charlotte Regional Realtor Association. They compile data from the Carolina Multiple Listing Services and they conclude that prices are continuing to rise as supply is tightening yet again. This makes multiple-offer situations more common especially in the under $350,000 price range.

There is a possibility that the market could cool as the FED raised interest rates this week. They also announced that they will raise them again this year and possibly a third time.

When you look at the Lake Wylie area, the situation is a little less competitive. There is a reasonable 4.1 month supply of homes here with 409 homes currently on the market. This is up 5.4% from last year at this time. A balanced market between buyers and sellers is generally considered to be 4-6 month supply. This is compared to the 2.2 month supply for the entire Charlotte region.

Home prices are still on the rise. The average price a home in Lake Wylie sold for in May was $397,696. This is up 7.1% from the same time last year. The median home price was up 3.8% from last year at this time to $340,000.

There were only 107 homes that sold in May, down from 126 in May of last year. This represents a decline of 15.1%. New listings and pending sales were both up this month. New listings went from 146 last May to 187 this May, an increase of 28.1%. Pending sales rose from 117 last May to 125 this May, and increase of 6.8%. This means that there are still buyers out there so we likely won’t see much of a slowdown for at least the next month as the pending sales head to the closing table.

It remains to be seen what the market will do with rising interest rates. For now, buyers need to have the ability to act quickly when they find their perfect home. Homes are selling quicker this year than last, by 5 days so buyers need to be ready, and sellers as well.

Custom Elegance: 4974 E. Liberty Hill Road

June 12, 2018 by lkw_df Leave a Comment

If you have dreamed of a custom waterfront estate on Lake Wylie, one just came on the market that you don’t want to miss. This one of a kind home has over 7,700 square feet of living space nestled on 3.64 acres of private property.

Located in Liberty Hill, this home is located on a quiet cove on the shores of Lake Wylie. From the home, stroll down the hand-laid paver path down to the private dock equipped with remote controlled boat lift and Trex decking. The main channel is not far away and you can view the grandeur of the lake from your boat, or just from the lake frontage.

Head back up the path and you will be amazed to see the mature hardwood trees providing privacy for the home. Outdoor living spaces include outdoor bar, fireplace, fire pit, and seating areas. These provide stunning waterfront views from all three floors. The private terrace is perfect for entertaining or just relaxing with a good book.

Inside this custom home has 8 bedrooms and 7.5 bathrooms spanning three floors and the basement. There is a second living space complete with second kitchen in the lower level. Each bedroom has custom built-ins in the walk in closets. Gleaming hardwood floors and lots of natural light flood each space in this unique home. There are two media rooms, a large gourmet kitchen, full bar, solarium, and multiple offices.

Homes in Liberty Hill have lower South Carolina taxes and are zoned to Clover schools in York County. This is a truly rare opportunity as only three homes in Liberty Hill sold in the last year. This may be your only chance this year to get in on this amazing area. Currently offered at $1,699,000, this home is the perfect escape from it all.

Neighborhood Spotlight: Reflection Pointe

June 7, 2018 by lkw_df Leave a Comment

Reflection Pointe Lagoon Pool and Clubhouse

Reflection Pointe is a planned community with over 360 home sites. It is gated, with amazing amenities, an active HOA with events throughout the year for the entire family, and great schools.

Located on Lake Wylie, Reflection Pointe is on the tip of the peninsula formed by the Catawba and South Fork Rivers. A ten minute trip has you in historic Belmont. A 35 minute trip will take you to vibrant Uptown Charlotte giving residents access to sports, arts, and business. Residents also enjoy all that lake life has to offer.

Amenities for homeowners include lagoon swimming pool, clubhouse, soccer field, lighted tennis courts, children’s play area, beach area on Lake Wylie as well as walking trails and marina with deeded boat slips. The HOA puts on annual events including movie nights, shrimp boil, and holiday events throughout the year.

There are existing homes as well as lots still available for you to build your own custom home. You can bring your own builder or choose from the approved builders selected by the community. Lots are ½ acre or larger, and waterfront and waterview lots command a premium.

Homes in the interior of Reflection Pointe start in the $400,000’s while waterfront homes start in the $900,000’s and can go well over $1 million.

In the last year, homes in Reflection Pointe have sold for an average price of $799,222. There are currently 10 homes on the market representing just over a year of inventory. The current listings range between $449,000 for an interior home to $1,295,000 for a waterfront stunner. There are also 65 lots currently available ranging in price from $24,900 to $380,000.

Current school zoning for Reflection Pointe is for Gaston County Schools. These assignments include Belmont Central Elementary, Belmont Middle, and South Point High Schools. Please verify assignments as zoning boundaries can change from one school year to the next.