Lake Wylie Real Estate

9 Sunrise Point Lane Dream Home

February 4, 2021 by lkw_df Leave a Comment

Life is better on the lake!!! 9 Sunrise Point Lane is proof of this. This custom McSpadden “smart” home sits on a private peninsula in the coveted, gated, country club community of River Hills. The house is zoned for award-winning Clover schools, but has low South Carolina taxes. There are almost too many features to mention, but we’ll give it a try.

This immaculate home features over 7,000 square feet of living space and is truly an entertainers dream. There are 5 bedrooms and 7 bathrooms, 5 full baths and 2 half-baths giving plenty of space for your family and guests to enjoy the lake.

There are too many features to list in this one-of-a-kind home, but here’s a partial list:

3 car garage with workshop with dust collection and air filtration systems
TimberTech dock with covered boat lift and wave runner ramps
Exercise area with sauna and full bathroom
Salt water pool with waterfall and spa
Lake views from each room
Home office with dual work areas and custom cabinetry
Chef’s kitchen with professional grade appliances and 11 foot granite island with walnut inlay
3-stop elevator
Gameroom and wet bar

Built in 2008, this home has all of the modern features you want, and all of the luxurious appointments you desire. This entertainer’s dream home can be yours, but don’t delay or you could miss it.

For more information or to schedule a private tour of this or any other home in the Lake Wylie area, call us at 803-831-8588. To view the full listing click here. You can view current listings and create custom searches on our website here.

Important Information for Buying Lake Property

January 13, 2021 by lkw_df Leave a Comment

The Charlotte Business Journal recently published an article entitled “What to consider when buying lakefront property in the Charlotte area”. This is a great reminder of all that goes into a lake purchase that may not apply to properties not on the waterfront. This is especially important when there is not much inventory so homes are selling quickly. This means that you have less time to make important decisions so you want to make sure you have considered every angle.

Price is first and probably most important. Main channel properties which typically have the best views, command a premium on price, even over other lakefront properties. Cove properties typically have less boat traffic so that can be a consideration for buyers as well.
Riparian Buffer – this is a 50-foot buffer from the water that has to remain in a vegetated state. This is mostly to counteract erosion and protect animal habitats. Property owners cannot remove trees on the first 30 feet and there are minimal changes that are allowed by law.
Docks and Boathouses – there are many properties that already have a dock or boathouse, but this does not mean that you can build one on your new property. There is a permitting process through Duke Energy and only homeowners are allowed to apply for a permit. This means that if a dock is a must have for you, you can ask a current homeowner to apply for a permit as a condition of a sale. Boathouses are typically grandfathered in and have regulations of upgrading, typically limited to fixing but not over-improving.
Insurance can be a factor as well. You need to make sure your policy covers your property as well as watercraft and retaining walls if they are present. This is an additional consideration that you typically don’t have if you don’t have a waterfront property.

There can be many additional steps in the process of lakefront homes and having the best representation on your side is essential. If you are interested in purchasing a lakefront property, let one of our experts help you navigate the process. Call us at 803-831-8588. You can view current listings and create custom searches on our website here.

To read more, check out the full article in the Charlotte Business Journal here.

Neighborhood Spotlight: Lake Ridge at Tega Cay

January 11, 2021 by lkw_df Leave a Comment

For a great neighborhood with impressive amenities, look no further than Lake Ridge at Tega Cay. Residents have access to all of the amenities as well as Catawba River access from Catawba Park and at the nearby Lake Wylie Dam. The Carolina Thread trail winds behind a section of the neighborhood, this trail connects with a network of trails, greenways, and blueways in the Charlotte Metrolina area. Baxter Village is nearby for convenient shopping, and residents love that they are zoned for top ranked Fort Mill schools.

Lake Ridge was developed by a number of notable home builders. Toll Brothers, DR Horton and Meritage Homes all developed homes here between 2009 and 2018. Amenities for the neighborhood include a clubhouse with catering kitchen and fitness center, pool with children’s waterpark, tennis courts, and gathering spaces for homeowners. There is a playground, picnic areas, and walking trails as well.

Homes in Lake Ridge are one- or two-story with 3-6 bedrooms and 2-4.5 bathrooms. Square footage ranges from just over 2,000 to well over 4,000 with plenty of space for home offices, home gyms, or playrooms. Kitchens and gathering spaces are large, and there is plenty of storage. There are many different floor plans and styles of homes so there is sure to be a home to fit any family.

In the last year, 64 homes sold in Lake Ridge and prices ranged from the $300,000’s to the $550,000’s. There are currently 9 homes on the market in Lake Ridge and they are going quickly with 8 of the 9 already under contract.

If you are interested in buying or selling a home in Lake Ridge at Tega Cay or the Lake Wylie area, give us a call at 803-831-8588. You can view current listings and create custom home searches on our website here.

Neighborhood Spotlight: Woodland Bay Waterfront Community

January 6, 2021 by lkw_df Leave a Comment

Located on the South Point Peninsula of Lake Wylie, Woodland Bay is an exclusive gated waterfront community perfect for your next home. Woodland Bay is located zoned for highly coveted schools, and is on one of the most tranquil and unspoiled parts of Lake Wylie.

Woodland Bay is located off NC highway 273, just across the road from Daniel Stowe Botanical Gardens. The neighborhood keeps the character and natural beauty of the botanical gardens. It is heavily wooded with rolling terrain and plenty of privacy.

The original developer of Woodland Bay was Crescent Resources, a premium designer of upscale, restricted neighborhoods. There are now many custom builders in the neighborhood ready to help you build your dream house.

Homes have already been built but there are lots available so you can customize a home to suit your particular needs. There are waterfront properties as well as more secluded interior properties and all lots have mature trees and are large enough to have outdoor living spaces and still have privacy from the neighbors.

Homes in Woodland bay have all the bells and whistles. Many homes have home gyms, firepits, gourmet kitchens, fully finished basements, home offices and much more. In the last year just two homes and two lots changed owners. Waterfront lots command a premium but with main channel views for many properties, they are worth it. Lots typically range from ¾ of an acre to almost 2 acres. Homes are typically between 3,000 and 5,000+ square feet of living space. The average home sells for between $800,000 and $2.3 million depending on size and location.

There are currently 4 homes and 4 lots for sale in Woodland Bay with one lot under contract. If you are interested in learning more about one of these great properties in Woodland Bay or any other home in the Lake Wylie area, give us a call at 803-831-8588. You can view current listings and create a custom search on our website here.

Neighborhood Spotlight: Tullamore

December 28, 2020 by lkw_df Leave a Comment

Picturesque Tullamore is a great neighborhood to consider for your next family home. Tullamore is located minutes from the state line with easy access to Lake Wylie and downtown Clover. It is a quick trip into Uptown Charlotte via nearby access to I-85. A trip to Charlotte Douglas International Airport is also convenient.

Residents of Tullamore enjoy lower South Carolina taxes, but are zoned to desirable Clover schools. The neighborhood boasts a playground and picnic area. McDowell Nature Preserve is just minutes away, as is Daniel Stowe Botanical Garden.

Tullamore is comprised of stately brick homes with open floor plans and great features. Most homes have a range of 4-6 bedrooms and 2.5-4 baths and most have over 3,000 square feet of living space. Homes have great storage, and chef’s kitchens. Many have amazing outdoor living spaces and some have full basements for extra living space for home offices, home gyms, school rooms, play rooms and more.

There is currently one home on the market in Tullamore which represents 0.9 months of inventory. This means that Tullamore like most of the Lake Wylie area is currently a seller’s market especially compared to the clover district and York county as a whole. Both of them are slightly more balanced, but are at 2.6 and 2.4 months of inventory which is well below the 4-6 months of inventory that generally represents a balanced market.

In the last year, homes sold between $287,500 and $490,000 with the average sales price coming in at $377,661.

If you are interested in buying or selling a home in Tullamore or the Lake Wylie area, give us a call at 803-831-8588. You can view current listings and create a custom search on our website here.

November Market Report

December 17, 2020 by lkw_df Leave a Comment

Once again, the trend is continuing that there is not much inventory, and prices are climbing higher. In all of Charlotte, there is just a one month inventory of homes for sale, just 4,554 homes. This is down 52.4% from last year at this time when we thought it was historically low inventory. This year we are really seeing the inventory crunch and when homes are listed, they are practically flying off the market.

The same is holding true when you look just at Lake Wylie. There are just 171 homes on the market in the area, down from 361 at this time last year. This is a reduction of 52.6%. These homes are selling quickly, with just 32 days on average before a sale, down from 55 days last year. This means that homes are selling 41.8% quicker than last year at this time. This is great news for sellers, but is harder on buyers.

Sales prices are climbing as well with the average home selling for $446,518. This is up 10.9% from last year’s average sale price of $402,663. Climbing prices are harder on buyers as well which means if you are in the market to purchase a home right now, you need to be as prepared as possible and could still end up in a bidding war with another buyer.

Realtor.com has ranked the Charlotte area the 3rd best market in the country for 2021 in their predictions. This means that there will probably not be a price correction in the near future, however analysts predict that there will be more homes on the market in the spring as people who delayed listing in 2020 will list in 2021 which could ease some of our inventory woes.

If you are interested in buying or selling a home in the Lake Wylie area, give us a call at 803-831-8588. You can view current listings and create a custom search on our website here.

Neighborhood Spotlight: Rosedale

December 13, 2020 by lkw_df Leave a Comment

With the curfew and additional Covid-19 regulations now in effect, many people are considering escaping the city and heading out to Lake Wylie. Rosedale is an amazing neighborhood to escape to. This D.R. Horton community was built between 2010 and 2019 and features beautiful homes, lower South Carolina taxes, and desirable Clover schools.

Rosedale is located just west of Riverhills on the South Carolina side of the Buster Boyd Bridge. This means it is minutes from the lake, convenient to shopping, dining, and highway access. Residents can quickly connect with Uptown Charlotte, Charlotte Douglas International Airport, and there is great shopping in nearby Lake Wylie or a little bit further away at Rivergate.

Homes in Rosedale have between 3 and 5 bedrooms and 2-4 bathrooms. Homes are graciously sized between 2,600 and 4,000 square feet. Homes have two car garages, stone accents on the exteriors, and many have private wooded lots.

The interiors of these homes have plenty of charm and character. They have open floor plans, plenty of storage, and great features throughout like crown moulding, trey ceilings, and much more. These homes don’t hit the market often, and we can let you know the minute one is listed. They typically sell in the $325,000 to $410,000 range.

This neighborhood is great for people who don’t want all of the large amenities of the larger planned communities. There are street lights, and the lake, and there is a community boat launch. With these smaller amenities there are also smaller homeowners association dues.

If you are interested in buying or selling a home in Rosedale or the Lake Wylie area, give us a call at 803-831-8588. You can view current listings and create a custom search on our website here.

Two New Neighborhoods Could Come to York County

December 13, 2020 by lkw_df Leave a Comment

Two new projects are going before York County planning commission next week. One is for the fourth phase at Sanders Landing, and the other is for a new development called Savana Oaks. Both of them will be great additions to the Clover area.

The fourth phase of Sanders Landing will add 33 additional homes to the neighborhood. These homes will have large lots ranging between one and 3.85 acres. The development began in 2019 and is a project by May Green Properties, a company local to York County.

Many of the homes currently under construction look like modern farmhouses in the style popularized by Chip and Joanna Gaines. There are still a few lots available in the current sections, and a few of the homes currently under construction are available as well if you can’t wait for the new section to be approved and opened.

The new development of Savana Oaks is located on Tart Road on the west side of Clover. The developer is Colttis LLC, based in South Carolina. They want to build 20 homes on a 30-acre site with an average lot size of 1.3 acres. This would leave space for grand homes and plenty of privacy and space for outdoor living. Nothing is known yet about the style of the homes or any potential amenities.

The York County Council will meet on Monday to review both projects and get questions answered before potential approvals. If you are interested in learning more about these communities, give us a call at 803-831-8588. You can view current listings and create a custom search on our website here.