Lake Wylie Homes

Neighborhood Spotlight: Windward Cove Lake Wylie 9/8/22

August 30, 2022 by lkw_df Leave a Comment

Windward Cove is a gem of a neighborhood in the Steele Creek area of Charlotte, North Carolina near the shores of Lake Wylie. With gated access to the lake and a community boat ramp, residents can take full advantage of watersports and everything the lake lifestyle has to offer.

Windward Cove is located off of Shopton Road with easy highway access. Residents are close to shopping, and dining. They have an easy commute to Uptown Charlotte, and are close to Carowinds Amusement Park for fun throughout the year.

Homes in Windward Cove were built between the mid-late 1990’s and the early 2000’s. Most of these homes have 3-5 bedrooms and 2-3.5 bathrooms. Square footage is typically around 1,800-4,000. Many of these homes have been improved and remodeled in the years since they were built. Some of them have amazing additions that were built in recent years such as in-ground salt water pools, fully finished basements, home offices, and much more.

In the past year, three homes sold in Windward Cove. They reneged between a 3 bedroom, 2 bath home with 1984 square feet that sold for $450,000 to a 4 bedroom, 2.5 bath home with 2,406 square feet that sold for $504,851. There is currently one home for sale in Windward Cove, but it is already under contract. If you would like to get in on this fabulous spot, you have to act quickly because these homes don’t stay on the market for long.

If you want to know more about Windward Cove 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: BrightwaterLake Wylie

August 29, 2022 by lkw_df Leave a Comment

There’s a great new construction neighborhood in the Lake Wylie area called Brightwater. This community is under construction now by builder Lennar Homes. These single-family homes are conveniently situated close to I-77 and I-485 and are close to shopping and dining at RiverGate and Charlotte Premium Outlets. It is right down the road from Lake Wylie, perfect for boating, swimming, fishing, birdwatching, and hiking.

Brightwater is located on the North Carolina side of Lake Wylie off of Grand Palisades Parkway just across the road from Regency at Palisades. This is the heart of Steele Creek, and just down the road from McDowell Nature Preserve. Residents are close to the Buster Boyd Bridge so they can be in Lake Wylie proper in minutes for a bite to eat or for lake access.

There are 78 homesites in Brightwater. They range from 1,735 to 2,201 square feet. Included are 3-4 bedrooms, 2.5 bathrooms, and two car garages. Interiors include quartz counters and open floor plans, perfect for entertaining or just for family togetherness.

These two-story homes include luxe primary suites, and spacious secondary bedrooms. Some plans include lofts which could be used as a playroom, home office, home gym, or secondary family room. Some plans have the primary suite on the first floor. All homes have great outdoor living space on a patio on the rear of the home. Lots are small and easy to maintain.

Only one of these homes has sold, though at the moment there are 30 of these homes listed for sale with three of them not already under contract. Prices range from $400,999 to $459,779. 47 additional homes should be offered for sale in additional phase(s) so if you don’t see the perfect home for you now, you can wait until the next phase is offered for sale.

If you want to know more about Brightwater 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: Island Creek View

August 8, 2022 by lkw_df Leave a Comment

A few days ago, a unique property went under contract and there may never be another chance to own a property quite like it. This property is located in the Island Creek View neighborhood and there has never been a sale in this neighborhood that has been recorded by the Canopy Realtor Association. It is rare that a waterfront property on Lake Wylie is the first ever to be listed for sale in a neighborhood.

Island Creek View is located off of Dam Road near Tega Cay, South Carolina. The neighborhood is zoned for award winning Fort Mill schools, and is close to everything you need, including highway access to I-77 if you have a commute to Uptown Charlotte.

There are just a few homes on the peninsula where Island Creek View is situated. If any of these homes sold before, they were not listed as being a part of the Island Creek View neighborhood. There were two lots that were sold in 2019 on Island View Drive, but they did not have a subdivision named in the listing. The home that just went under contract was a custom built home, built in 2020 on one of the lots that sold in 2019. The home has a sloped basement lot, with a boardwalk down to a deck near the water. The lot is just over an acre in size leaving plenty of room for outdoor living and privacy. There are many custom features in this modern farmhouse style home, including a fully finished basement with 3 bedrooms and 2 full bathrooms on the lower level. The upper level features the primary suite, in addition to the living spaces and kitchen.

To learn more about Island Creek View or for information about 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.

Neighborhood Spotlight: Seven Coves

August 8, 2022 by lkw_df Leave a Comment

If you haven’t yet checked out Seven Coves in Tega Cay, South Carolina, you are in for a treat. The neighborhood feeds to fantastic Fort Mill schools, has amazing homes with lush landscaping, and is right on Lake Wylie.

Seven Coves is located off of Tega Cay Drive between Tega Cay Golf Club and Trailhead Park. This great spot has residents close to shopping, dining, and entertainment as well as outdoor recreation of many types. There is nearby highway access connecting residents with Uptown Charlotte and Charlotte Douglas International Airport.

Homes in Seven Coves range from 1,900 to almost 4,000 square feet in size so there is a perfect home to fit most any family. Many of the homes have full basements, either finished, or ready to finish and make into additional living space. Homes were built between the late 1990’s and 2019 and many have been updated since they were built. Many of these homes also have upgraded outdoor living spaces with pools, decks, patios, outdoor kitchens and much more.

In the past year, just four homes were sold in Seven Coves. This shows just how popular the neighborhood is that people don’t want to leave. They sold for between $442,500 and $941,000 with the highest price going to a new construction modern farmhouse style home.

To learn more about Seven Coves or for information about 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.

Neighborhood Spotlight: Catawba Cove

July 29, 2022 by lkw_df Leave a Comment

A short drive away from Drift on Lake Wylie, you’ll find a great neighborhood tucked away called Catawba Cove. This spot is on the North Carolina side of the lake with a Belmont address, and has a mix of existing and new construction homes. Lots are enormous, with new construction homes sitting on 10 acre lots providing all the privacy you need, yet you are within minutes of shopping, dining, and entertainment.

All homes in Catawba Cove are custom built and take full advantage of the natural setting with large windows, decks, docks, boat houses, and outdoor living spaces. They were built between 1983 and 2022 and have a variety of styles and sizes. Homes range from 2,500 to almost 10,000 square feet with 3-5 bedrooms and 2.5-9 bathrooms. Many of the homes have outbuildings ranging from workshops to greenhouses to guest quarters to horse stables.

In the last year, just two of these properties changed ownership in Catawba Cove. The first was a property with just over 11 acres with enough road frontage for two driveways making it perfect for two homes on the site. The second was a 4,000+ square foot home with water frontage on the lake and multiple outbuildings.

There are currently two homes listed for sale in Catawba Cove but they are both already under contract. They are both new construction homes with modern farmhouse styling, over 3,000 square feet and all of the custom features that make a house feel like home. There is still a chance that one of these contracts could fall through and you can purchase one of these amazing homes.

To learn more about Catawba Cove or for information about 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.

Neighborhood Spotlight: Paradise Point Lake Wylie

July 19, 2022 by lkw_df Leave a Comment

A little bit North of Daniel Stowe Botanical Garden, just off Lake Front Drive, sits Paradise Point. This serene spot is one of the best kept secrets in a deep water cove of Lake Wylie. With a Belmont address, it feeds to top rated schools, and is close to everything you need, but still feels secluded.

Homes at Paradise Point are a variety of sizes and styles. Some homes were built in the 1970’s and some were built as recently as 2017. This leads the neighborhood to feel eclectic and unique. There is no HOA, so no additional regulations beyond the city of Belmont which means that you have more latitude for outbuildings, boat storage, and additions on homes.

Most homes in Paradise Point have between 2 and 3 bedrooms, and between 2 and 4.5 bathrooms. The range in size is from about 1,400 to 4,900 square feet. Many of the homes have water frontage with docks and boathouses.

In the past year, 8 homes in Paradise Point changed owners. Prices ranged between $290,000 and $652,500. These prices vary depending on the size of the home, the size of the lot, and water frontage. There is currently one home listed for sale in Paradise Point. It went under contract in 31 days and is a unique property because it has a separate guest house that can be converted to an income producing property. The original list price on this one-of-a-kind waterfront home was $799,999.

If you want to know more about Paradise Point so you can be the first to know when a home is listed for sale, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

June Market Report – Greater Lake Wylie Area

July 18, 2022 by lkw_df Leave a Comment

The real estate market appears to be headed for a slight correction. According to the monthly data from the Canopy Realtor Association, the supply of homes in the Charlotte Region was up slightly in June, the first time in many months. This signals that the market may be slowing down from the furious pace it has sustained for the last few years. The supply of homes rose from 4,732 last June, to 5,334 this June, an increase of 602 homes or 12.7%.

Closed sales were also down year over year, with a decrease of 13.6%. New listings were up 4.1% year over year. These factors together signal that homes are spending longer on the market, and more people are listing their homes. Prices have yet to fall in accordance with the increased supply, we will have to wait to see if there is a corresponding price correction.

When you look at the numbers for Lake Wylie, you see a much smaller rise in inventory, just two homes more this year than last. It is not unusual for trends in smaller areas not to match the overall trend due to the small sample size. New listings, pending sales, and closings were all down year over year, 8%, 26.6%, and 26.9% respectively. Homes are still going under contract quickly, with the average of 16 days from list to contract.

Prices in the greater Lake Wylie area are still on the rise, with the average sales price coming in at $698,709 in June. This is up 36.1% from $513,455 last June. Sellers can also expect to get at or above list price with the average home selling for 102.3% of list price. This means that the market is still favoring sellers and will continue to do so until the supply of homes reaches a 4-6 month supply when the market is considered to be balanced between buyers and sellers. This shows that higher interest rates have not slowed buyers in our area yet.

If you want to know more about any 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.

Neighborhood Spotlight: Lakepoint Lake Wylie

July 5, 2022 by lkw_df Leave a Comment

Tucked away just down the road from Daniel Stowe Botanical Garden, you’ll find Lakepoint. This great neighborhood is on the banks of Lake Wylie, but has a Belmont address so feeds to award winning and highly desirable Belmont schools.

Lakepoint is located just minutes from highway access to I-85 taking residents quickly to Charlotte Douglas International Airport, or into Uptown Charlotte. There are many options nearby for shopping, dining, and entertainment. Downtown Belmont is also close by for community events, shopping, and dining. But make no mistake, you won’t feel like you are close to everything. You feel like you are on a vacation, with amazing homes and the lake as your backyard.

Homes in Lakepoint were built between 2010 and 2021 so they look brand new. They have all of the features that today’s buyers love like large open kitchens, home offices, dual primary suites and much more. Sizes range between 2,500 to over 4,000 square feet with between 3 and 6 bedrooms, and 2.5-5 full bathrooms.

In the past year, just two homes sold in Lakepoint for $700,000 and $795,000. There is currently one home for sale in the neighborhood with almost 3,500 square feet of living space, 4 bedrooms and 3.5 bathrooms listed for $739,900.

If you want to know more about Lakepoint so you can be the first to know when a home is listed for sale, call us at 803-831-8588. You can view current listings and create custom searches on our website here.