Neighborhood Spotlight: Pierpointe

Come and visit Pierpointe, a remarkable enclave of custom homes on the main channel of Lake Wylie. These homes have stunning views both inside and outside and epitomize the lakeside lifestyle. Add close proximity to major employers, an international airport, and Uptown Charlotte and this location is perfect.

You approach Pierpointe from Pine Harbor Road at Shopton Road. This means that Rivergate is just minutes away providing most of the necessities. There are shops, restaurants, and grocery stores in Rivergate. Residents can quickly get to I-77 or I-485 to connect with Charlotte Douglas International Airport and Uptown Charlotte.

Homes in Pierpointe are grand in scale and full of unique features. Many of the homes have two-story plans and some have fully finished basements as well. Some of the homes have extensive formal gardens, some have guest houses, some have media rooms, there are surprises in each home. Most homes have over 4,000 square feet of living spaces with between 3 and 6 bedrooms and 3.5-4.5 bathrooms.

The waterfront homes in Pierpointe have truly stunning views of the lake. Homes take full advantage of the views with terraces, sunrooms, decks, boat houses with lifts, floating docks and lakeside seating areas. Some homes even have pools that overlook the water. All have outdoor living spaces and lush landscaping making a true retreat. The lots are large, most are at least half of an acre with many over an acre, providing privacy.

These homes don’t come on the market very often, in fact in the past year only two homes came up for sale. Prices range from the $700,000’s to over $1 million.

Children in Pierpointe currently attend Winget Park Elementary School, Southwest Middle School, and Olympic High School. Please verify school assignments as they can change from one school year to the next.

The Best Views: 7032 Brookview Drive

If you are looking for the best views on Lake Wylie in a newly remodeled space, you have to see 7032 Brookview Drive. This home has it all, amazing space upstairs, additional bedrooms and living space downstairs, a deck with million dollar views, covered patio, boathouse and more all in a great walkable location.

The home was originally built in 1977, but just underwent a major renovation. This includes a new three car garage, large enough to store cars, boats, and more. As you enter the property, the house is partially hidden behind a rise. As you approach you will see the new garage and paver patio and retaining wall.

As you enter the home, you will be amazed by the open floor plan and view all the way through and out the huge sunroom. This spacious feeling continues as you walk through the well appointed chef’s kitchen. There is a full dining room, or you can eat al fresco on the deck overlooking the water. The main floor also contains the master bedroom and bathroom as well as a half-bath.

Walk downstairs and you will find an additional living room, two bedrooms and another full bathroom. All of the bathrooms have been fully remodeled. With 3,220 square feet of living space and 3 bedrooms and 2.5 bathrooms, this homes is a great value at the current list price of $899,000.

You can access the lake from the walk-out basement or from the upstairs deck. You can walk all the way down to the covered dock with boat lift. With just under an acre, you will have plenty of room to enjoy everything the lake has to offer and have room for all of your guests.

Children in the neighborhood currently attend Oakridge Elementary School, Oakridge Middle School, and Clover High School. Please verify school assignments as they can change from one school year to the next and boundaries can sometimes cut through neighborhoods.

The location of this home really has few rivals. Lake Wylie YMCA and T-Bones on the Lake are within walking distance as are many other local businesses. York Road (highway 49) is just down the road making it easy to connect with I-77 and I-485. Rivergate is just down the road for additional shopping needs. Carowinds Amusement Park, Charlotte Douglas International Airport, and Uptown Charlotte are just short trips away. Closer to home you’ll find McDowell Nature Preserve and Daniel Stowe Botanical Gardens. Don’t miss your chance to own this stunning home.

 

Million Dollar View: 16201 Cozy Cove Road

Located right at the end of Cozy Cove road just past the Palisades you’ll find a truly spectacular home at 16201 Cozy Cove Road. Though not part of the Palisades, this home has an even more impressive view of beautiful Lake Wylie.

As you approach the home you see the all brick facade with side-load two-car garage. The lot is just over one acre so there is privacy from neighbors as well as room for lots of outdoor living. Relax on your beautiful sandy beach or take your boat out from one of the two covered boat lifts at the end of the pier. Relax and swim in the water from the floating dock, or just enjoy the view from the covered deck.

Inside this home rivals the outside. Enter through the front door and you will see high ceilings, columns, hardwood floors, and crown moulding. Explore through the 4,856 square feet and you will find 4 bedrooms and 4 full bathrooms. The master bedroom is on the main floor as are two of the additional bedrooms. You will also see the grand kitchen, dining room, great room and light filled sunroom.

Downstairs you will find a fully finished walk out basement with a full second living quarters, billiard room, and bar. You will also find the 4th bedroom and bathroom. Walk out to take advantage of the views of Lake Wylie’s main channel.

The 20 miles to Uptown Charlotte will take you right around a half-hour if you want to see a sporting event, museum, concert, night out, or commute. Charlotte Douglas International Airport is 18 miles away and will also take right around a half-hour.

Shopping, dining, entertainment and more are close-by at Rivergate. Just a little bit further away you will have more options at I-485 or I-77, both of which are close by. This close highway access is great for feeling connected to the city when you are relaxing with your lakeside living.

This home was made for entertaining and is move-in ready. Currently priced at $1,199,000, this home won’t last long. For more information, see our full listing here.

Gorgeous Lake Living: 5350 Blue Bird Lane

Located on a fully wooded lot facing the main channel of Lake Wylie, you’ll find Cedar Lodge. This unique home sits on possibly the best property on the Lake. There are breathtaking views from all over the property but especially from the glassed-in porch.

When you approach the property, you will see over 300 feet of road frontage. This gives plenty of privacy from neighbors making Cedar Lodge feel like a retreat. There are 1.9 acres of property included as well as the main house, adjacent bunk house and a large garage workshop.

The main home is a 1,566 square foot home with 2 bedrooms and one bathroom built in 1975. It includes the glassed-in porch which measures 26’ x 16’. This room is truly what makes this home spectacular as you can enjoy living on the water all year round from up here. This lake house is truly a classic.

Next to the main house is a second living quarters in the form of a bunk house which has one bedroom and one bathroom. This is a great place for guests, or for the kids to stay and have separate space from parents.

For the maker in your family, there is a large garage workshop that measures 24’ by 30’. This space is perfect for all of your projects, or just for storage space for a great car.

The best part of the home however, is the over 400 feet of lake frontage. This includes a pier and boat lift as well as two private sandy beaches. The views are incredible so this property is a must see.

The location of this house is great as well. Secluded and away from it all, but close enough for a commute or a trip to Uptown. A trip to Charlotte Douglas International Airport will take around 45 minutes and Uptown Charlotte takes around

5350 Blue Bird Lane is on the South Carolina side of the lake which comes with lower South Carolina Taxes. Current listing price is $685,900.

 

Neighborhood Spotlight: Lake Ridge at Pinsto Forest

Lake Ridge at Pinsto Forest is the premier location in Pinsto Forest. This grouping of 40 homes have waterfront and views of the main channel of Lake Wylie. These homes are in Belmont School District so have award winning schools. Some of the homes have private marina access to enjoy all the beauty of Lake Wylie from the water.

Located off South Point Road at Stowe Road, Lake Ridge at Pinsto Forest is tucked away from everything lending privacy and escape. Many options for shopping, dining, and entertainment are close by if you can tear yourself away from the Lake. A quick trip will take residents to Charlotte Douglas International Airport, Uptown Charlotte, Downtown Belmont and many more destinations.

Homes in Lake Ridge at Pinsto Forest are grand ranging from over 3,000 square feet to over 4,000 square feet of living space. These homes include luxury features such as libraries, sunrooms, decks, stonework patios, verandas, pools, and wine cellars.

In the past year, homes in Lake Ridge at Pinsto Forest sold for between $430,000 and $1,350,000. Homes have between 4 and 6 bedrooms and 3.5 and 4.5 bathrooms. Lots are range from just over half of an acre to 1.25 acres. These homes were built between 1996 and 1998 so many of them have been remodeled and updated since they were built. This only makes these amazing homes more desirable. Most of the homes have the master suite on the main floor. Gourmet kitchens and open floor plans are common in these homes as are home offices, fully finished basements and much more.

Children in Lake Ridge at Pinsto Forest currently attend Belmont Central Elementary School, Belmont Middle School, and South Point High School. Please verify school assignments as boundaries can change from one school year to the next.

Don Stephens longtime Lake Wylie Realtor passes away

 

Don Stephens longtime Lake Wylie Realtor and Partner in Lake Wylie Realty passed away unexpectedly at Home last week. Don was recently awarded the Realtor Emeritus designation from the National Association of Realtors for 40 years of service to the Community and the Industry, no one in this area has ever achieved that status.  We used to laugh about the fact that Don probable sold every Home on the Lake at one time or another and some twice. Don knew the Lake like the back of his hand and was the real “MISTER LAKE WYLIE”

Don was a native of Charlotte a true Gentleman and Scholar and will be greatly missed, He is survived by his Daughter Natalie and her Husband  Andy Adams of Clover, three Grandchildren and of course  all his friends and Business associates over the years. So long Don.

Fine Waterfront Living: 8560 Lilybet Lane

If you’re looking for a pristine home on Lake Wylie’s waterfront with a gourmet kitchen and grandfathered enclosed boathouse, look no further than 8560 Lilybet Lane. This amazing home has been completely renovated and has unfinished space over the detached garage that can be turned into income property.

Located on a private cove, you will never have to deal with the wake on the main channel. This makes this property perfect for your own beach. The fully enclosed boathouse has a boat lift and floating dock. Along the shore, a clever fire pit has been constructed with a patio and built in benches perfect for relaxing and watching the sunset. You can also see stunning views from the large lakeside deck along the back of the home, or from the screened in porch.

This property is only 20 minutes from Uptown Charlotte. Just up the street is the Charlotte Yacht Club, and Berewick neighborhood. There is easy access to I-485 and you are minutes from shopping at Charlotte Premium Outlets. Shopping and dining options are also available on Steel Creek Road a few minutes away. If you need to feel like you have more of a retreat, there is a 5.15 acre parcel behind this property that is also for sale at this time which can be subdivided to make a family compound, or kept as a buffer for solitude.

Inside the home, you will find three bedrooms and two bathrooms in a thoughtfully laid out ranch style home with 2,013 square feet of heated living space. Hardwood floors go all through the home. Plentiful windows let in abundant light and lake views. The vaulted ceiling in the living room makes the whole home feel like a retreat. The kitchen is a chef’s dream with dynamic cooking system stove with downdraft vent. The fridge is built in and there is a large stainless farm sink. Stainless appliances and warm wood cabinetry round out the space. The bar space is great for additional seating for entertaining or just for an easy breakfast spot.

Both bathrooms have been recently remodeled with new fixtures, tile, vanities and counters. The master bath has a huge soaking tub and lots of great storage. There is a separate laundry room with storage cabinets and utility sink.

The exterior is constructed with stone and vinyl for minimal maintenance. There are also two separate storage outbuildings on the property perfect for a workshop or storage for kayaks, life preservers, and water toys.

Current zoning has children in the neighborhood attending Berewick Elementary, Kennedy Middle and Olympic High Schools. Please verify school assignments for accuracy.

Don’t miss out on this rare opportunity to own this stunning home currently listed for $699,900. At .83 acres with waterfront, private cove and boathouse, it’s a steal. For more information, check out our full listing page here.

Neighborhood Spotlight: Handsmill on Lake Wylie

Handsmill on Lake Wylie is a secluded, gated community located right on the shores of scenic Lake Wylie. The neighborhood is close to the state line, making it only a 30 minute drive to the city amenities of Charlotte. There are 20 square miles of lake for residents to enjoy, where they can reach the water from one of two private marinas and boat ramps. There are also many amenities away from the shore including walking trails perfect for spotting local wildlife. There is also a clubhouse with a Jr. Olympic sized swimming pool, fitness center, kids pool and play area, and an outdoor patio with fireplaces.

Just a 30 minute drive away, is the busy city of Charlotte which offers shopping, dining, and cultural options. For those that don’t want to go all the way to Charlotte, York County itself has plenty of options to explore, including one of several properties listed on the National Register of Historic Places. There is also a new children’s museum in the area as well as additional opportunities to see local wildlife in Kings Mountain State Park.

Currently there is 1 home on the market so the neighborhood is in high demand. This represents 1.7 months of inventory, making the neighborhood a seller’s market. This is comparable to York County as a whole, which is also more of a seller’s market.

In the last year the average price of homes have increased substantially but the average price per square foot has only increased slightly. Homes are currently on the market for around $575,000 and all homes are designed with modern finishes.

With its secluded feel and proximity to so many local and city amenities, Handsmill on Lake Wylie is the perfect place for a family home.

Steele Creek and Lake Wylie Housing Market Report 2017-2018

The Steele Creek Real Estate market continues to be one of the top markets in the Country and is estimated to be one of the top 5 in the entire Country by the end of 2018.

On the National scene existing Home sales will finish at a pace not seen since the bubble bursting run up to 2006 clocking in at about 5.5 Million but amazingly still approximately 1.1 Million less than that all time high.

According to forecasts by the National Association of Realtors the steadily improving US economy, sustained job growth and rising confidence that now is the time to buy a Home should pave the way for an increase in Homes sales in 2018.

Back to Steele Creek, the availability of land, proximity to Charlotte’s 485 outer loop, Downtown and the Airport along with a widely diverse Housing Market are driving increases in prices and sales. A new master planned Development is in the final planning stages for the large mainly undeveloped area west and south of the Airport which will include the proposed River District slated to be larger than the Ballantyne area in South Charlotte. The area is expected to increase in population by 20-25% over the next 5 years.

Sales of new and existing Homes in the Steele Creek area over the past 12 Months for the zip codes of 28278 and 28273 were at a staggering pace of close to 2000 sold, leading the way the Community of Berewick with sales up 33% to 356, the Palisades with 131 sales was a distant second.

Another large Master planned Community is rising in Gaston County near Lake Wylie and Belmont called McLean, while just getting started sales were up to 40 in 2017.

Over on the South Carolina side of the Lake new Developments are popping up like spring flowers, national production Home Builders like Mattamy Homes and DR Horton along with local Builders, Fielding and Bonterra Homes are building a potpourri of styles and myriad of prices. New Home sales in the Lake Wylie SC area have increased from 75 in 2014 to around 200 per year at the end of 2017.

Sales of existing Homes in the Clover-Lake Wylie-York area zip codes of 29710 and 29745 although not quite as strong as its counterpart Steele Creek were close to 1300 over the past year. The top seller in that area is the well-seasoned “Jewell” of them all, the magnificently well planned Community of River Hills with close to 80 closings and an average sales price up 15% to $354,000.

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 57 active listings in both Carolinas down from the 120-140 we experienced for a few years with only 6 priced below $500,000. The 1 Million plus market was very active with 16- 1 Million Dollar plus Homes closed in 2017 and currently 12 were on the market. A total of 169 waterfront Homes sold down slightly from the year before with a median price pushing close to $700.000 up from the low $600,000’s that were steady for some time.

As urbanized Charlotte continues to gobble up large tracks of land for high density development the demand from those looking for the serenity and peace of Lake living along the shores of Lake Wylie will find it more and more difficult to afford.

Lake Wylie and and US Real Estate Market Report

The steadily improving US economy, sustained job growth and rising confidence that now is a good time to buy a Home should pave the way for an increase in existing Homes sales in 2018 according to forecasts by the National Association of Realtors.

Nationally existing Home sales will finish at a pace of 5.47 million the best since 2006 but still about 1.1 million less than that all-time best mark.

The lack of inventory has pushed prices up 48% from the low point of 2011, locally the Steele Creek area remains one of the hottest markets in the Country, the population is expected to jump 20-25% over the next 5 years, and for most of us originally from the area this is both a blessing and a curse.

Closings in the past 6 months are at 834 with 211 under contract and currently 221 listed for sale.

Prices on Waterfront Homes have steadily gone up and finding anything under $600,000 is tough sailing. Homes for sale are at an all-time low at this writing of only 78.  Median price is over $750,000 all record breakers.

Enough of the boring stats, if you’re planning to buy a Home or Condo now should be it, sitting on the fence so to speak is going to price you out of that dream Home. Quarterly prices have been increasing in some areas by 8% in the Charlotte area.

Buyers in the region are flocking to areas closer to Uptown Charlotte and prices are skyrocketing. Commute times and just being closer to the action seem to be the driving force. As traffic worsens that trend will surely continue and speaking of traffic it seems that it increases daily.

As a former member of the York County Planning Commission I always said the reason people left their former Cities and Towns and moved to this area will be the same reason they leave this area, Taxes, traffic, crime and poor planning.

David has been a Real Estate Broker, Developer and Contractor in the Charlotte area for 40 years and is currently Principle Broker and Partner of Lake Wylie Realty, David and his wife Karen live on Lake Wylie and are both Charlotte natives.

Copyright 2017 David McCorkle