Lake Wylie area Homes

Coming Soon: 29 Commodore Point Road

September 21, 2021 by lkw_df Leave a Comment

Welcome home to an amazing home in an even more amazing community. 29 Commodore Point Road is about to come on the market so now is the perfect time to get ready to make an offer. With the real estate market the way it is, and the trends in the River Hills neighborhood, this home won’t last long.

River Hills is located in the heart of Lake Wylie, just across the Buster Boyd Bridge on highway 49, just down from the YMCA Camp Thunderbird. There are many shops and restaurants in town, and easy access to more options across the bridge in Rivergate and beyond with nearby highway access.

Resort style amenities in the neighborhood include a clubhouse, dog park, fitness center, games court, golf course, outdoor pool, picnic area, tennis courts, walking trails, playground, and of course the Lake. There are community events throughout the year as well.

You will find plenty of space for entertaining friends and family, both inside and outside of this home. There are 4 bedrooms, 3.5 bathrooms and just under 3,000 square feet of beautiful space and attention has been paid to each detail. You’ll love the gourmet kitchen open to the den with a fireplace. Picture yourself relaxing on the first floor master retreat, or making smores and telling stories with friends and family around the outdoor firepit.

This home, once listed, will be one of 19 currently on the market, though most of them are already under contract. Over the past year, most homes in River Hills sold in 10 days or fewer, with an average sale price of $577,877. Keep in mind that river front properties command a premium and can skew the average price.

Homes are selling quickly in the Lake Wylie area, and River Hills in particular. If you want to schedule a showing or make an offer on this property or any other in the area, give us a call at 803-831-8588 and we will get the process started. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Ivy Ridge

August 12, 2021 by lkw_df Leave a Comment

New construction townhomes are still available in Ivy Ridge! These amazing townhomes are currently under construction by builder DR Horton and there is only one unit left for sale. Well, technically there are 26 units for sale, but most of them are already under contract! This vibrant community is located right off Highway 49 right in the Heart of Lake Wylie, close to everything you need.

Ivy Ridge is in closeout mode as the builder completes the last units in the development. This is great news as you don’t have to live through the mess and noise of construction for very long. In fact, these units are mostly if not all completed and ready for you to move in.

Homes in Ivy Ridge have great features including granite counters, wide-plank redwood flooring, open floor plans, irrigation, and full yard maintenance included. These homes typically have three bedrooms, two and a half bathrooms and between 1,500 and 1,800 square feet of living space. All have one car garages and additional parking as well. Community amenities include clubhouse, fitness center, outdoor pool, playground, sidewalks, and street lights.

In the last year, 62 homes sold in Ivy Ridge with prices ranging between $240,000 and $309,000. Currently there are 26 units for sale with only 1 not already under contract. There is also one end unit coming soon and I’ll bet it will go quickly! The units that have not sold yet are currently listed between $273,000 and $320,000. This is a great price point for being so close to the Lake!

If you would like to purchase one of the three units left in Ivy Ridge, give us a call at 803-831-8588. We can also help you buy or sell any home in the Lake Wylie area. We would love the opportunity to help you find the perfect home for you and your family. You can view current listings and create custom searches on our website here.

Featured Listing: 1104 Long Creek Court

April 23, 2021 by lkw_df Leave a Comment

COMING SOON to The Landing! Our newest listing you don’t want to miss. 1104 Long Creek Court is a gem in the middle of a fantastic neighborhood on a private 0.40 acre wooded homesite. This stunning executive home features an open floor plan perfect for entertaining and sure to please any family.

When you walk in, you enter a large foyer entry with a sweeping staircase. A neutral color palette is the perfect complement to large windows letting in abundant natural light. The view from the windows overlooks a large buffer making it feel like a private park setting almost like you’re in the mountains.

The lower level features an open kitchen with plenty of counter space and great storage. There is also a large dining room, living room, family room, and a home office.

The upper level features a large master bedroom with a luxurious master bath. This private retreat is perfect for relaxing at the end of the day. There are additional bedrooms and bathrooms and a bonus room that could be used as another bedroom.

Outside you can relax on a multiple level deck with plenty of room for entertaining. Below the deck is a stone fire pit with a flagstone patio for seating.

This home is situated within one of Lake Wylie’s most desirable communities, The Landing. The neighborhood features a pool, club house, walking trails, and much more. The home is also zoned for sought after Clover Public Schools.

To schedule a private showing of this property, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

To view the full listing on this property, click here.

Neighborhood Spotlight: Reserve at North Reach

February 9, 2021 by lkw_df Leave a Comment

With low inventory plaguing the market right now, many people are looking to new construction for the home of their dreams. Reserve at North Reach is one of these great new construction neighborhoods that could have the home for you. It has great houses in Lake Wylie on spacious home sites.

Reserve at North Reach is located on the North Carolina side of the Buster Boyd Bridge just across the highway from McDowell Nature Preserve. This puts residents close to the heart of Lake Wylie, but also close to shopping and dining options in Rivergate. There is nearby highway access to get you quickly to the airport or Uptown Charlotte.

Homes in Reserve at North Reach are large with 2,929 to 3,814 square feet of living space. They have flexible floor plans with 4-6 bedrooms, 2-5 full bathrooms and one full bathroom. These two story homes have two car garages, open concept floor plans, large kitchen islands and expansive counter space. Some homes have screened in porches, home offices, and a variety of exterior facade details to make each home unique.

Prices for these Taylor Morrison homes start in the low $400’s. For more information on a quick move-in home or customizing and building a home in Reserve at North Reach or any other neighborhood in the Lake Wylie area, give us a call at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Sanders Landing

November 16, 2020 by lkw_df Leave a Comment

If you are looking for a modern farmhouse in coveted Clover schools, be sure to check out Sanders Landing. This great neighborhood is full of new construction homes on large lots, with all of the modern farmhouse touches including shiplap.

Sanders Landing is located off of Lawrence Road just south of Clover, South Carolina. Just a few minutes away you’ll find Lake Wylie with many watersports and recreation areas you can enjoy.

The neighborhood started building in 2019 and phase three of homes is now open. Homes start around 2,000 square feet and can be much larger. They have 3-4 bedrooms, bonus rooms, and can have up to 3.5 bathrooms. Kitchens are lavish and floorplans are open

Homes have 2 or 3 car garages and sit on lots averaging 1-2 acres, but some lots can be as large as 8 acres. Many of the homes have screened in porches, and space for sports courts, pools, playscapes, and gardens.

In the last year, 14 homes sold in Sanders Landing ranging in price from $330,000 to $430,000. There are currently 5 homes and 4 lots available in the neighborhood with 3 lots and 1 home already under contract.

To schedule a private tour of homes in Sanders Landing or if you would like to learn about any other neighborhood in the Lake Wylie area, give us a call at 803-831-8588. You can view all current listings and create your own custom home search on our website at lkwrealty.com

Explore Forest Oaks

July 3, 2019 by lkw_df Leave a Comment

If you’re looking for a great family friendly neighborhood near Lake Wylie, South Carolina, look no further than Forest Oaks. This great spot is adjacent to River Hills Country Club and just steps away from the shore. Right down the road is the Buster Boyd Bridge with many shopping and dining options, some even within walking distance. About 5 minutes down the road is public boat access so you can take advantage of the full Lake lifestyle. This location is also perfect for anyone with an Uptown Charlotte commute.

Homes in Forest Oaks were built between 1989 and 2009, with most of the homes built in the early 2000’s. Homes range in size from 1,100 to 2,300 square feet. That makes them the perfect starter size for a small family or for downsizing from a larger home. Homes have 3 to 4 bedrooms and 2 to 3 bathrooms. Yards are small and easy to care for, and exteriors are low maintenance.

In the past year, 22 homes sold in Forest Oaks. This is a great neighborhood to watch closely as there are currently six homes on the market. Prices typically range from $155,000 to $231,000 so these homes are much less expensive than many other areas of Lake Wylie. There is currently a 3.4 month supply of inventory which is compared to a 6.4 month supply in the whole of Lake Wylie. This means that Forest Oaks is currently in a seller’s market.

If you would like a private tour of homes in Forest Oaks, call us at 803-831-8588. You can view current listings on our website here and also create custom searches to help find your perfect next home.

Schedule a Tour of 4556 Water Oak Drive

April 2, 2019 by lkw_df Leave a Comment

Opportunities to get a home in The Coves on Lake Wylie don’t come up all the time. In fact, in the last year, just 5 homes were sold in the neighborhood. Currently there are just two homes on the market with one of them already under contract. If you would like to live in this amazing area, give us a call at 803-831-8588 to schedule a private tour of 4556 Water Oak Drive.

This custom home is located on an estate sized lot with just over one acre. This affords plenty of privacy and space for outdoor living. The backyard is so large it has a screened porch, decks, outdoor fireplace, and a huge irrigated green space perfect for pets, yard games or sports.

The location of this home is perfect, with Lake Wylie just across the street. You truly feel relaxed and peaceful in the small community. There are options for shopping and dining just five minutes away so you can be as connected as you want to be. A trip to Uptown Charlotte is a quick 35 minutes and Charlotte Douglas International Airport is just under half an hour.

When you walk into this home, you will see the incredible attention to detail that is a hallmark of a true custom built home. You will enter to see soaring ceilings, gleaming hardwood floors and an open floor plan with abundant natural light. A large custom kitchen is perfect for entertaining or just a casual family meal. There are also 4 large bedrooms with master on the main floor, bonus space, 4 and a half bathrooms and two separate two car garages.

This home is zoned for desirable and award winning Clover schools and has lower South Carolina taxes. What’s not to love? Check out our full listing for this property here.

Lake Wylie/Steele Creek/ Charlotte Real Estate report

February 9, 2019 by David McCorkle Leave a Comment

The yearly numbers are in for 2018 for the Lake Wylie/Steele Creek Real Estate Market. The Carolina Realtors Association compiles data from the Carolina Multiple Listing Services to get a portrait of the local real estate market and provide us with data to analyze for our readers interested in Real Estate. This is what they show.

The Charlotte Region:

When you start digging into the numbers, for the entire Charlotte region sales were down 14% from December of 2017. Prices were up slightly, with the average sales price up 1.1% to $282,894. Inventory was down yet again from a 2.3 month supply to a 2.2 month supply, a decline of 550 homes. This leaves sellers again in the best position in real estate deals with a balanced market considered to be a 4-6 month supply of inventory. Pending sales were dead even and new listings were down 4.4% from this time last year.

In the Steele Creek area zip codes 28278 and 28273 the Market is extremely tight,

1325 Homes were sold compared to around 2000 in 2017. Currently there were only 15 Homes priced under $300,000 in the entire 28273 area, most sell within 10 days of entering the market and the overwhelming majority of those were priced under $350,000.

York, Clover and Lake Wylie: Zip Codes 29710 and 29745

A similar pattern continues in the South Carolina Market, sales were down from 2017 from a high mark of 1300 to 1135 in 2018, the majority of those 848 were priced under $350,000. Current active inventory is 221 Homes.

When you look just at Lake Wylie, South Carolina non waterfront resale Homes the story is a little bit different. Closed sales were indeed down year over year 15.3% from 98 to 83. Due to the small sample size, the percentages can look extreme so please keep that in mind. Average price was up year over year to $409,539, an increase of 16.2%. Inventory was dead even from last year in terms of months of supply at 3.3, but remember about that extreme note from earlier, there were actually 26 more homes on the market.

This means that sellers are still in a slightly better position in the Lake Wylie area. New listings are on the rise in the area with many new construction projects helping to boost the supply. The new listings were up 23.9% from 67 to 83. Pending listings were down year over year from 75 to 62, down 17.3%. Homes spent longer on the market in 2018 with days on market up 102% from 51 to 103, but this probably reflects new construction homes which typically stay on the market substantially longer than existing Homes.

In River Hills there is an extreme shortage of Homes on the Market the lowest in recent memory 52 closed last year with currently only 9 on the Market. New Homes accounted for an amazing 245 sales with strong sales in the Paddlers Cove Community

WATERFONT MARKET UPDATE

Median prices continue to rise in the waterfront market due to low inventory and high demand, as of this writing there were just 91 active listings in both Carolinas down from the 120 to 140 we experienced over the last decade with a median asking price of $839,000 which is over $100,000 more than last year with only 5 priced below $600,000.

The 1 Million plus market was very active with 11 Million Dollar plus Homes closed in 2018 and currently 14 are on the market, both numbers are about the same as 2017. A total of about 120 legitimately waterfront Homes sold down from about 160 from the year before due to a shortage in inventory with a median price pushing close to $725,000 up from the low $600,000’s a number that stayed steady for some time.

TIPS FOR BUYERS AND SELLERS:

In this unusual Housing market it is still important to discuss Home staging, photography, drone shots, brochures, marketing, Web presence and most of all pricing strategy. Here are a few other tips to guide the process.

The Real Estate transaction is a complicated and emotional process. Contracts and addendums are extensive sometimes reaching 20 to 30 pages.

Make sure you review all the documents prior to listing or purchasing a property, that way there will be no surprises when time comes to make an offer or negotiate an offer..

Understand the hard deadlines for Loans to be approved, Inspections to take place and negotiations on any repairs, speaking of repairs this is the biggest deal killer of them all as Inspectors are paid to find out everything that is not perfect with the Property, that offends most all Sellers.

The best tip of all is always hire an experienced professional Agent not a friend of a friend that just got Licensed or the former Barber or Hair Stylist. Transactional experience is key to a successful and Happy Purchase or Sale.

David McCorkle

David lives on Lake Wylie and is the Principle Broker of Lake Wylie Realty. David has been a Licensed Broker for 40 Years.