Lake Wylie News and Events

Sportsplex one step closer to reality

February 2, 2016 by lkw_df Leave a Comment

The York County Council on Monday approved a preliminary step to bring an athletic complex to the Lake Wylie area, according to a Rock Hill Herald report.

The council OK’d plans to set up a special tax district to help pay for the nearly $7 million complex that would be adjacent to Crowders Creek Elementary School.

The 50 acres adjacent to the school is owned by York County, however, the council members were split on who would ultimately run the complex, as the country does not want the responsibility.

Lake Wylie Sports Commission is the group behind the drive for the complex, but the commission does not want to run the complex. It is possible the special tax district, once established, would be the entity responsible for the complex, according to the report.

The hope is the complex, with 3 multipurpose and 3 baseball/softball diamonds, would drive more tourism by bringing sports tournaments to the Lake Wylie area. The hope is that local restaurants and lodging would also benefit from the proposed complex.

Signatures and fund-raising are the next step in bringing the facility to fruition.

In December, York City Council approved $2.45 million from its hospitality fund toward construction costs.

Ballots are to be circulated in 11 districts, and 2,751 signatures are needed in order for the sports complex special tax district proposal to be added to the November ballot.

Neighborhoods closest to the proposed complex are Autumn Cove at Lake Wylie and Tullamore, which is still being built out.

For the full story, see The Rock Hill Herald.

See our listing in Autumn Cove, a beautiful 3-bedroom, 2 bath home with numerous upgrades!

Market spotlight: Forest Cove

January 6, 2016 by lkw_df Leave a Comment

The waterfront neighborhood of Forest Cove is the best of both worlds offering proximity to the northern end of Lake Wylie as well as an easy commute to the larger city amenities of Charlotte, which is a mere 20 minutes away.

While some Forest Cove homes are waterfront, all home owners have access to community boat slips. The neighborhood is 3 miles from the beautiful Daniel Stowe Botanical Gardens and 7 miles from quaint downtown Belmont.

Just 4 homes in Forest Cove have sold in the last 12 months. Those homes sold for an average of 97% of list price. Currently, there are 2 homes on the market in Forest Cove, one of which is a waterfront property built in the mid-1980s.

The highest sold price for the last 12 months is $451,500; the lowest sold price is $285,000.

In the last 12 months, an average of 0.3 homes have sold per month. With 2 currently on the market, that gives Forest Cove about 6 months of inventory, which is slightly higher than Belmont’s 5.7 months of inventory.

The average sales price and average price per square foot for during the last 12 months is $344,875 and $110.36, respectively.

Catawba Park revision presented, vote soon

December 29, 2015 by lkw_df Leave a Comment

A Rock Hill-based engineering company presented Tega Cay City Council with its latest plans for a proposed recreational park facility that potentially will span 62 acres below New Gray Rock Road, across the river from Westminster Park.

Campco Engineering presented its revised plan Dec 21. A vote is expected in January, according to a Rock Hill Herald report.

Tega Cay owns 10 acres. The city is in talks with Duke Energy and Clear Springs Baxter for an additional 52 acres.

The site along the river would add sports fields, picnic shelters, a canoe/kayak launch, playgrounds and restrooms, among other amenities. The site already has a boat ramp and fishing areas, according to the report.

The final design planning could take six months. Design approval for the city’s 10 acres means work could start on that parcel of land sooner while agreements with the other land owners are negotiated.

Spotlight on Forest Bay

December 27, 2015 by lkw_df Leave a Comment

Six miles south of downtown Belmont on a peninsula of land between the Catawba River and the northernmost finger of Lake Wylie lies Forest Bay subdivision. The enclave of luxury homes offers lakeside living without giving up proximity to metro Charlotte.

Forest Bay is easily accessible from downtown Belmont via Highway 273 and a short drive from the beautiful Daniel Stowe Botanical Garden.

The majority of established homes were built in the early 2000s, however, there are 2 lots available for sale in the subdivision as of Dec. 26.

The average number of homes sold per month during the last 12 months is less than 1. No homes have sold in Forest Bay during the last 3 months. The highest sales price in the last 12 months was $1.045 million and lowest sales price was just shy of $450,000.

The average sales price for the last 12 months is $739,500 and average price per square foot at just over $157. Because so few homes are sold in the neighborhood annually, the average sales price and average price per square foot data for the last 12 months is not enough to draw conclusions about overall trends for the neighborhood. The data appear to show a downward trend, however, it represents only 3 home sales.

Currently, there are 2 homes on the market in Forest Bay, one of which is under contract. The subdivision has 8 months of inventory, slightly higher than the 6.2 and 5.8 months inventory for Belmont and all of Gaston County, respectively.

The real estate market tends to cool with the weather and pick up in the spring. Forest Bay has fantastic options for finding a dream home near the lake or building it from the ground up on one of its available lots.

Lake Wylie Realty welcomes Patti Elam

November 4, 2015 by David McCorkle Leave a Comment

Lake Wylie Realty is pleased to announce the addition of North Carolina, South Carolina Broker/Realtor to the Team Patti brings over 30 years of experience to the Company and will specialize in all phases of the Industry. Contact Patti at 704-309-6912 or email at http://www.patti@lkwrealty.com

3RD QUARTER MARKET REPORT

October 21, 2015 by David McCorkle Leave a Comment

CLICK TO VIEW 3RD QUARTER MARKET REPORT MAILER

Waterfront market report 10-15 mailer

THE WATERS UP SO ARE AREA SALES IN SEPTEMBER BY 6%

OTHER GOOD NEWS IS THAT INVENTORY IS DECREASING FROM 166 HOMES LAST SEPTEMBER TO 127 THIS YEAR.
AVERAGE DAYS ON THE MARKET FOR ALL HOMES FOR SALE IS AT 219.
AVERAGE DAYS ON THE MARKET FOR ALL SOLD HOME IS CURRENTLY AT 126.
LAST YEARS CLOSED SALE PRICE WAS ABOUT THE SAME AS THIS YEARS AT AROUND $550,000.
THIS YEARS AVERAGE ASKING PRICE COMES IN AT ABOUT $ 800,000.00 CLOSE TO THE SAME AS LAST YEAR WHICH MEANS THE LOWER PRICES ARE SELLING MUCH BETTER.
ONLY 5 HOMES HAVE SOLD THIS YEAR OVER ONE MILLION DOLLARS

NOW THAT THE WATER BACK UP WE CAN ALL ENJOY SOME BOATING ACTIVITY WHICH DEPENDING ON YOUR DOCK LOCATION HAS BEEN QUITE LIMITED.

YORK COUNTY IS WORKING ON A NEW WATERSHED ORDINANCE TO HELP PROTECT THE LAKE AND CHANGES TO THE LAND USE PLAN SO STAY TUNED TO OUR WEBSITE FOR MORE DETAILS ABOUT UPCOMONG EVENTS AND HEARINGS IF YOU LIVE ON THE SC SIDE OF THE LAKE.

LAKE WYLIE REALTY BROKER DAVID MCCORKLE, FORMER PLANNING COMMISSIONER IS ON ONE OF THE COMMITEES TO HELP PROTECT OUR PRECIOUS LAKE.

VISIT THE MOST COMPREHENSIVE LAKE WYLIE WEBSITE ON THE NET VISIT: LKWREALTY.COM

GIVE US A CALL AT 803-831-8588 OR STOP BY OUR OFFICE LOCATED AT THE RIVER HILLS

REDLIGHT AND HIGHWAY 49. OR CALL US ON OUT CELL PHONES

DAVID MCCORKLE 704-309-1549, QUINN JOHNSON 704-906-6636, DON STEPHENS 704-562-3646

Lake Wylie Music Fest

September 22, 2015 by David McCorkle Leave a Comment

Everyone had a great time at the Music Fest this year the weather was gorgeous, we had a big crowd, it could not have been any better. Be sure to contact us for all you Lake Wylie Real Estate needs as we are the only true Waterfront Realtors. Our Office is conveniently located at the River Hills red light.

3 Little-Known Tips for Buying a Home

August 17, 2015 by David McCorkle Leave a Comment

Buying a home is no small feat. When looking to purchase a home, there are endless factors to consider. Here are a few quick tips on searching for the perfect home.

Pre-Approval Means A Lot: If you get preapproved from a lender, it can mean a lot to your budget and your realtor! All of the contributors will feel more invested in you if you are pre-approved for a mortgage. Try to stay friendly with the people at your bank so you can ask friendly questions (like the best interest rates and hidden fees that might be associated with the loan).

Stick to the Facts: Buying a home can be difficult, but try not to get too emotionally invested in your hom- buying experience. It will help you stay strong if your bid is not accepted on a house,or if the deal just doesn’t fit with your budget.

You’re Moving Into Your New Neighborhood: Remember, you’re not just moving into a new house – You’re moving into a whole neighborhood! Take into consideration how your neighbors live, where the grocery store is, and where you can get a good slice of pizza.

If you’ve determined that now is the right time to buy a new home, we’re here to help you get started. For information on homes for sale in Lake Wylie, SC, visit LKWRealty.com!