Steele Creek Real Estate

Neighborhood Spotlight: River Lake Lake Wylie, Tega Cay

November 11, 2022 by lkw_df Leave a Comment

In the heart of Tega Cay, set right on the banks of Lake Wylie sits a great neighborhood called River Lake. Many of the homes have lake frontage, and even more have lake views so you can enjoy the water year round.

River Lake is tucked away from the main channel of Lake Wylie so it is not as busy. It is close to Catawba Park, Catawba Soccer Ground, and the Lake Wylie Dam with river access. Residents can easily access shopping and dining options, as well as get quickly to the highway for a commute or just a trip into the city.

The community has few amenities, but there are sidewalks, and the streets are lit. You can go into Fort Mill for any of the amenities you are lacking from not being in a large development, and with the money you save from not having a homeowner’s association, you can join anywhere else you like, or just save that money.

Homes in River Lake were built between 1996 and 2020 and are all brick custom homes. Many of the homes have great views of the lake from multiple rooms, and outdoor living spaces to enjoy the view.

In the past year, just one home sold in River Lake. It was a 5 bedroom, 3 full bath home with a 3 car garage and 2,763 square feet. It sold after just 12 days on the market. There is currently one home listed for sale in River Lake. It is a waterfront premium lot with 5 bedrooms, 5.5 bathrooms, a 3 car garage, and 6,261 square feet. It went under contract after just 1 day on the market. List price for this amazing home is $1,725,000.

If you want to know more about River Lake or about buying and selling homes 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: Point Lookout Lake Wylie

November 3, 2022 by lkw_df Leave a Comment

If you are interested in an exclusive neighborhood, how about one where only one home has sold since 2017? Point Lookout is on the North Carolina side of Lake Wylie so it is in perfect positioning for an Uptown Commute via Shopton Road. There is no HOA, and the homes feel like they are situated in an oasis.

Homes in Point Lookout are located on Point Lookout Road and sit on large lots terraced down to Lake Wylie. They take advantage of all of the amazing views with seating areas, screened porches, docks, and boat lifts.

These homes were custom built and include great features like carriage houses with second living quarters. Interiors are fully appointed with chef’s kitchens, custom closets, spa-like bathrooms, and open concept gathering spaces.

Since only one home has sold through the Canopy Multiple Listing Service, we don’t have averages. One home sold in 2021. It was a waterfront home with over 3,700 square feet of living space, 3 bedrooms, and 3.5 bathrooms. Sales price was $1,199,999. Interior homes would not command the premium of a waterfront lot, but we don’t have the data to be sure in this amazing neighborhood.

That same home is for sale again right now, and is currently offered for $1,395,000. The home has garage spaces for more than 4 cars, multiple decks, paver patio, boat dock with built-in lift, and much more. The listing won’t last long so call us to schedule a showing.

If you want to know more about Point Lookout or about buying and selling homes in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

New Tax Values Coming for Mecklenburg County

November 2, 2022 by lkw_df Leave a Comment

For those of you at the lake that are within Mecklenburg County, you need to be aware that another tax valuation is in the works. The last time this happened was in 2019, so you can bet that values will go up again since the market has been robust in the last few years.

In 2019, the median home price in Mecklenburg County was $270,000. As of September 2022, the median home price is $349,150. This is an increase of $79,150. This means that we could probably expect the valuation for the median priced home to rise almost $80,000 when your tax bill arrives.

In 2019, the median home price in Lake Wylie was $349,900. As of September 2022, the median home price is $427,678. This is an increase of $77,778. Keep in mind that the Lake Wylie numbers also include homes not in Mecklenburg County, but they do show that homes near the lake have values typically higher than the whole of Mecklenburg County, but that prices have risen around the same amount.

The real thing we need to know is what will the tax rate be? Mecklenburg County could keep the tax rate the same. The effect of this could be that your property taxes will go up since the valuation is expected to go up. Another option is that the rate would go up, this is unlikely since the property valuations will be going up and the county budget is not expected to rise dramatically. The last option is probably the most likely that the tax rate would go down. Values for homes have gone up significantly, but costs for government goods and services have not gone up dramatically so the tax rate will most likely go down.

Even if the tax rate goes down, that doesn’t mean that you will see a smaller tax bill. Costs have gone up, so you will probably see just enough reduction in your tax rate that taxes will go up, but not dramatically.

If you want to know more about the tax valuations or about buying and selling homes in the Lake Wylie Area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Riverwalk Plantation Lake Wylie

October 24, 2022 by lkw_df Leave a Comment

If you are looking for a luxurious lifestyle on the shores of the Catawba River, Riverwalk Plantation could be the right neighborhood for you. These custom homes are all unique and vary in size and style to fit any type of family.

Riverwalk Plantation is located just off I-485 in close proximity to the Charlotte Douglas International Airport. This great location has residents within easy commuting distance to Uptown Charlotte, or just to catch a game, a concert, or a museum. There are tons of great restaurants nearby as well as lots of options for shopping and entertainment.

Homes in Riverwalk Plantation range from 1,900 square feet all the way to over 6,300 square feet. There are still a few lots left which typically sell for around $130,000 for around a half-acre parcel, depending on location and features. The lots are perfect to bring your own builder to make you dream home a reality.

Existing homes were built between 2001 and 2006. In the past year, the smallest of these homes was a 3 bedroom, 2.5 bathroom with 2,365 square feet and a two car garage that sold for $520,000. The largest was a 4 bedroom, 3.5 bathroom with 4,258 square feet and a two car garage on a waterfront lot that sold for $1,160,000. Homes are filled with custom details like custom cabinetry and millwork. Most have open floor plans perfect for entertaining.

If you want to know more about Riverwalk Plantation or about buying and selling homes 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: Harbor Oaks Lake Wylie

October 13, 2022 by lkw_df Leave a Comment

If you are looking for a totally unique neighborhood, keep your eye on Harbor Oaks. This small enclave of homes sits near the shores of Lake Wylie but has its own private pond. No two homes look alike, and each has unique features. They don’t come on the market often, so you have to be ready when one is listed for sale.

Built back in the 1980’s, homes in Harbor Oaks are mainly 3 bedroom, 2.5 bathroom homes with around 2,500 square feet. Homes that border the pond take advantage of the amazing views with large outdoor living spaces and decks to make the most of the surroundings.

Harbor Oaks is located on the North Carolina side of Lake Wylie just off Shopton Road. This great location has residents close to shopping, dining, and entertainment. Highway access is right down the way to quickly connect to Uptown Charlotte and Charlotte Douglas International Airport. This makes Harbor Oaks the perfect spot to work from home or to commute to the office.

In the past year, just one home sold in Harbor Oaks for $465,000. Since 2019, just six homes and one lot changed ownership in the neighborhood so you can see that owners are reluctant to part with these amazing homes. It could be the park-like setting with mature trees, or the proximity to the Copperhead Boat Landing on Lake Wylie. In any case, you need to be prepared if you want to own one of these gems.

If you want to know more about buying and selling homes 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: Due West Heights Lake Wylie

October 3, 2022 by lkw_df Leave a Comment

Knotts Builders is at it again, they are building a beautiful new construction neighborhood in Steele Creek in Charlotte, North Carolina near Lake Wylie. Due West Heights is located to the southwest of the city of Charlotte next to The Palisades Country Club. This great location has residents close to everything they need, hospital, grocery stores, shopping, dining, and the Steele Creek Library.

Currently children in the neighborhood are zoned to Palisades Park Elementary School, Southwest Middle School, and Olympic High School. However, in the fall, they will feed to the new Olympic Relief High School set to open for the new school year. This new school is located right next to Palisades Park Elementary School.

Homes in Due West Heights are all single family homes with 3-5 bedrooms, 2.5-3.5 bathrooms and 2700-3800 square feet of living space. Each has a 2 or more car garage, and outdoor living areas in the form of a deck or patio or covered porch in the rear, some with built in outdoor fireplaces. Floor plans are open and inviting, perfect for entertaining or for working from home. Many homes have loft spaces or bonus bedrooms perfect for an office, home gym, or media room.

No homes have sold yet in Due West Heights, but there are three homes currently listed for sale with two of the three already under contract. These home prices start in the $600,000s and include modern farmhouse detailing and gourmet kitchens. You don’t want to miss out on one of these spectacular homes.

If you want to know more about Due West Heights or about buying and selling homes 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: Saybrooke Lake Wylie

September 22, 2022 by lkw_df Leave a Comment

There are a few homes already listed for sale, and additional homes will be released soon in the new construction neighborhood of Saybrooke. Builder Evans Coghill Homes through BSI Builders is offering 9 different floor plans, in styles ranging from traditional to modern farmhouse. Six custom homes are currently up for sale in the neighborhood, tucked next to the shores of Lake Wylie, with an additional 56 homesites coming soon on the 21.15 acre neighborhood.

These luxury homes are located just off Bankhead Road near SC-160 and SC-98 (Gold Hill Road), both of which will connect you quickly to the highway for an easy commute to Uptown Charlotte. Saybrooke is also close to McDowell Nature Preserve and Walkers Branch Greenway.

Homes in Saybrooke have all of the features buyers want now including home offices and lofts. Many of the homes have basement lots which could double your square footage if fully finished. This is ideal for anyone wanting a home gym, guest quarters, home theater, gameroom, or additional bedrooms and bathrooms. Homes feature large open floor plans perfect for entertaining.

The six homes currently listed for sale include 4 bedrooms and 2.5 bathrooms ranging from 2,000 to 3,600 square feet of living space. They all have at least a 2 car garage. Prices for these homes range from $451,000 to $990,013. This wide swing is due to size, features, and lot size and location. Some of these homes sit on waterfront lots on Lake Wylie so they will command a premium over interior lots.

If you want to know more about Saybrooke or about buying and selling homes 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: Derby Farm Lake Wylie Area

September 8, 2022 by lkw_df Leave a Comment

The small enclave of Derby Farm is a perfect spot for people who want a newer construction home close to Lake Wylie without a homeowners association. These homes were finished in the early summer of 2022 so have the newest and best features, but are already built so you don’t have to put up with construction.

Knotts Builders were responsible for the construction of homes in Derby Farm. They are currently working on Due West Heights close by, and Nims Village in Fort Mill. Homes in Derby Farm are in the Modern Farmhouse style. This style is a timeless classic, but the interiors are anything but a throwback. Homes are meticulously appointed with gourmet kitchens with large islands and quartz countertops, 8 foot solid doors for sound dampening and privacy, and fabulous primary suites with ample storage.

In the last year, five two-story homes sold in Derby Farm for a range of between $546,000 and $650,000. They all had five bedrooms and 3 full or 3 full and one half bathrooms in a range between 3,139 and 3,434 square feet of living space. All have two car garages, and great outdoor living spaces, some having covered porches with outdoor fireplaces.

To find Derby Farm, take South Tryon to Youngblood Road. Head further south on Youngblood Road until you turn left on Buckthorn Ridge right at the pool for Southern Trace. This location has residents near The Meridians and The Palisades, minutes from Lake Wylie, and close to shopping and dining. What more could you ask for?

If you want to know more about Derby Farm 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.