Lake Wylie Real Estate

Large Homes In Demand

October 1, 2020 by lkw_df Leave a Comment

Many markets across the United States are showing an interesting trend during the time of Covid-19. People are buying larger homes. There had been a trend for a while where people were downsizing and looking at tiny homes. It seemed like such a good idea to have a smaller footprint, and value experiences over things. That time has passed.

With many people now working from home and helping children with virtual school, many families are feeling the pinch of small spaces. Garages are being taken over by learning pods, and finding a quiet corner to take a business call can be a challenge. We are being asked to multitask on a level never seen before. This is where having a larger space can come in really handy.

Many buyers are looking for homes that have separate offices for two adults, as well as a space suitable for virtual school. Outdoor living spaces such as playscapes, pools, or space for lawn games or trampolines are also big selling points.

The place your home is located is not as big of an issue right now either. With work being conducted remotely for most office jobs, your home just has to be connected to speedy internet. This has allowed many people to contemplate moving to a great natural area such as Lake Wylie. The benefits of this are myriad. Not only do you get the fresh air and natural beauty, but you also get to be part of the lake lifestyle now and once this crisis is over.

To learn more about your options for purchasing a larger home in the Lake Wylie area, call us at 803-831-8588. Visit our website LKWRealty.com to learn more about Lake Wylie and to view current listings and create custom searches of available homes.

New Development on the Horizon

September 17, 2020 by lkw_df Leave a Comment

A new development is in the works on Lake Wylie and Little Allison Creek. The proposed project is being put together by Fielding Homes which is a local builder working in the Fort Mill and Lake Wylie areas. Their previous projects include Mason’s Bend and Paddler’s Cove just to name a few.

The new project is called Lakeside Glen and the plans show that it will be a 425-lot single-family residential project. The site sits on 305.7 acres located between Highway 274 and Allison Creek Road.

This project has been in the works for some time, with a preliminary plat originally filed in March of 2015. There have been changes and revisions since the original filing, the most notable has been increasing of minimum lot size.

There are not many more details available at this time so we still don’t know the size or price range of the homes yet. The York County Planning Commission will continue to work with Fielding Homes as this project comes to fruition.

To learn more about this new development, call us at 803-831-8588. Visit our website LKWRealty.com to learn more about Lake Wylie and to view current listings and create custom searches of available homes.

August Market Report

September 15, 2020 by lkw_df Leave a Comment

The Covid-19 pandemic has changed the game for the real estate market in recent months. The monthly numbers from the Canopy Realtor Association report on the Canopy Multiple Listing Service is out and we have the details.

If you look at the entire Charlotte Region, which includes 12 counties in North Carolina and 4 counties in South Carolina, you see that prices are up, homes are selling quickly and that there are fewer homes on the market.

When you look just at the Lake Wylie area, you see that prices are up, homes are selling quickly, and that there are fewer homes on the market. This is the same trend that is holding true.

In August of last year, there were 427 homes for sale in the Lake Wylie area. This year there are only 190, a decrease of 55.5%.

Homes are going under contract in an average of 45 days, 12 days quicker than last year. The average home is sold 100 days after it is listed, down 8 days from last year.

Prices are up as well, the average list price of a home in Lake Wylie is $456,073, up 9.1% from last August. Sales prices are also up, 5.4% to an average of $432,606.

There are 23.3% more pending sales this year than last year which means that we should have strong sales figures for next month as many of these sales close. There were also 25% more new listings this August showing that we should see many of those homes go under contract to keep the numbers strong for the next few months. Colder weather usually slows the market down, but we may see that happen later than usual since the spring bump was pushed to the summer.

If you are interested in buying or selling a home in the Lake Wylie area, give us a call at 803-831-8588. For more information and to search available homes, be sure to visit LKWRealty.com.

Featured Listing: 711 Flint Street

September 13, 2020 by lkw_df Leave a Comment

If you are looking for a great home in downtown Rock Hill, take a closer look at 711 Flint Street. This amazing home is located right in the heart of town, close to Fountain Park and walking distance to Belleview Elementary School and Rock Hill Alternative School.

Curb appeal is the first thing you will notice in this wonderful single family home. The home was built in 1950 and has a large lot for a downtown location. This means there is plenty of parking and a great yard for gardening, lawn games, or socializing.

Inside the home’s 1,123 square feet you will find three bedrooms and two bathrooms. The windows are large and let in lots of light. The interior has been updated and you will find great flooring, lighting, and new paint in all the rooms.

This home won’t last long, especially at the current price of $179,000. To schedule a private tour, call us at 803-831-8588. To view the full listing for this home, click here. For more homes available and other great neighborhoods in and around Lake Wylie, be sure to visit LKWRealty.com.

Custom Build in The Retreat at Sunset Ridge

September 9, 2020 by lkw_df Leave a Comment

If you are one of the many people who desire the laid-back lake lifestyle, The Retreat at Sunset Ridge might be the place for you. This desirable neighborhood is tucked away and private, but is still convenient to Lake Wylie, Clover, and Uptown Charlotte. The neighborhood features new construction custom estate homes. There are existing homes that occasionally come on the market, or you can build your dream home from the ground up.

Homes in the neighborhood are typically between 2,600 to over 4,400 square feet. They can have anywhere from three to six bedrooms, owner’s suites, guest suites, gourmet kitchens, media rooms, and many more custom features. Homes typically sell in the $500,000’s and land typically sells for $50,000-$85,000 depending on size, topography, and proximity to the lake.

In the last year, only four homes sold in The Retreat at Sunset Ridge. This means that there is not much turnover in the neighborhood which is great if you already own a home there, but can make things tricky if you are trying to get into the neighborhood. That’s where we can help because we know the moment a home is listed on the market, and in some instances, we know before a home is listed and we can help you to be the first to get a sneak peek.

There are currently two homes on the market in The Retreat at Sunset Ridge and both of them are already under contract. There are also 5 lots currently for sale which are perfect for getting a start on your dream home. If you would like to schedule a private tour of homesites, give us a call at 803-831-8588. We can help you get in contact with approved builders for the neighborhood to start you on your way.

You do not want to miss a home in The Retreat at Sunset Ridge, and for more homes available and other great neighborhoods in and around Lake Wylie, be sure to visit LKWRealty.com.

Visit Palm Tree Cove

August 28, 2020 by lkw_df Leave a Comment

Palm Tree Cove is a newer development off Allison Creek Road. It is located on the Allison Creek Peninsula, surrounded by Big and Little Allison Creek inlets, two of the most desirable recreational areas on Lake Wylie. The community is known for casual yet sophisticated living and has easy access to nearby shopping and dining.

The neighborhood is mostly complete, but there are still opportunities to buy a lot and build the home of your dreams. Lots range in size from ¾ of an acre to 3 acres. Homes are grand in scale and are typically between 2,500 to well over 4,000 square feet of living space.

Neighborhood amenities include a pool, walking trails, dry boat storage, and of course Lake Wylie. Homes are located in the award winning Clover School district, but enjoy lower South Carolina taxes.

In the past year, 8 homes and one lot sold in Palm Tree Cove. The homes sold for between $324,900 to $575,000. The partially wooded .4 acre lot sold for $44,000.

There are now 4 homes and 3 lots on the market. The lots are listed between $49,500 and $120,000. The homes range between $467,500 and $625,000 and are a mix of existing and new construction. Waterfront properties don’t come on the market very often and when they do, they command a premium and sell quickly.

If you would like to become a part of the community in Palm Tree Cove with an existing home or build your dream home, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Water Edge

August 25, 2020 by lkw_df Leave a Comment

Back in 2016, we profiled a great neighborhood called Water Edge, but the truth is, it’s even better now. This amazing spot is at the southern end of Lake Wylie and is a fantastic secluded spot with wooded lots and great views of the lake. It is close to everything, yet self contained with amazing amenities.

Homes in Water Edge are grand in scale and the minimum build size for ranch style homes is 2200 square feet and 2500 for a two story home. Many of the homes exceed 4000 square feet of living space and are luxurious in the interiors. Waterfront homes sell at a premium as you would expect, but interior lots also have access to the water with the Lake Club Marina offering slip rentals. Interior homes can also have access to the water with the boat ramp at nearby Ebenezer Park.

If you need to go out for necessities, I-77 is just 3 miles away with options there, or 5 miles away you will find more selection for shopping and dining. A trip into Uptown Charlotte will take around 45 minutes. Ballantyne is about 30 minutes away, and Rock Hill is about 8 miles away. So even if you feel like you are in a different world, you can be back in civilization quickly.

Home prices start in the $400,000 to $500,000 range with the rarely up for sale waterfront homes going much higher. Over the last 12 months, seven homes and one lot sold in Water Edge. There are currently three homes for sale in Water Edge with the two new construction homes already under contract. The other homes for sale was just listed a week ago and is a stunning builders’ home with custom touches throughout.

If you would like to schedule a private tour of homes in Water Edge, call us at 803-831-8588. You can view current listings and create custom searches on our website here. See our previous write up about Water Edge here.

Get in on Cadence at Tega Cay

August 13, 2020 by lkw_df Leave a Comment

Many people are looking for new construction homes right now and Cadence at Tega Cay still has some opportunities left for you to purchase a quick move-in home or to build a home from the ground up. This enclave community has only 125 homesites and over half of them are already sold. Mattamy Homes has thought of everything. Lawn maintenance included in HOA dues so you have more time to enjoy your community amenities.

Homes in Cadence are single-story ranch plans, with some homes having an optional second floor space perfect for a guest bedroom with loft or a home office. Homes have 2-4 bedrooms with 2-3.5 bathrooms and typically around 1,700 to 2,800 square feet of living space. All have two car garages, hardboard siding, and open floor plans. Homes also have private courtyard patios for outdoor living and in-ground irrigation systems. Prices start in the low $300’s and can go up to the mid-$400’s with options and upgrades.

Community amenities include pool, cabana, beautifully landscaped central park, sidewalks, and paved walking trails. Lake Wylie is just down the road and there is easy highway access for a morning commute. Cadence at Tega Cay is located right near the heart of Tega Cay close to shopping, dining, and all of the services you need.

There are currently only 12 homesites, 9 available homes, and 7 unreleased homesites left in the entire community. If you would like to schedule a private tour of Cadence at Tega Cay or any other community in the Lake Wylie area, give us a call at 803-831-8588. You can view current listings on our website here.