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A Dream Home for Father’s Day

June 18, 2016 by lkw_df Leave a Comment

This Father’s Day, make his dreams come true by investing in a home of his dreams. What could be better than a home that is close to golfing, tennis, water sports, has a great yard to putter around in and has all of his favorite features? Where can you find all of these things? Eagle Park in Belmont has all of this and more, all within walking distance to downtown Belmont.

The U.S. National Whitewater Center, the Catawba River and just to the South, Lake Wylie are all of the water sports places Dad will need to keep himself in shape and get the vitamin D he needs. He can also mountain bike on the 8.3 mile loop of trails around the U.S. National Whitewater Center.

Dad can choose between Green Meadows Golf Course, or he can play a much more fun round at Purple Planet 3D Mini Golf. He can head to Davis Park for some tennis, or join CrossFit Belmont for some intense circuit training.

He’ll also love going out to the many restaurants, antique shops, pubs and art galleries all just a quick walk away.

Eagle Park is a new neighborhood of traditional single-family homes, cottage style homes and townhomes. The project features parks, trails and green space that both Dad and Mom will love. Builders include David Weekley Homes, Westwood General Contractors and Brookline Homes, LLC.

The amenities of Eagle Park include a playground, competition pool, clubhouse, fitness center, pocket parks and a bark park for dogs. The community is already strong hosting many weekly events in the clubhouse. The pool includes a splash area for kids as well as relaxation areas for the adults.

In the past year, homes have sold in Eagle Park for between $201,000 and $340,000. As of June 18^th there are currently 8 homes on the market in Eagle Park with one under contract. List prices range from $270,000 to $359,900. There are also still opportunities to customize and build a home. So this Father’s Day, give Dad what he really wants, a lifestyle upgrade.

Neighborhood spotlight: Clover’s Tullamore

April 3, 2016 by lkw_df Leave a Comment

Great Clover schools, lower taxes and nearby Lake Wylie are just a few of the reason to take a look at the Essex Homes community of Tullamore in Clover!

Tullamore is just south of Autumn Cove and Crowders Creek Elementary School off SC 49/274.

Just 5 miles from the state border, Tullamore is convenient to all the lake-area amenities as well as 25 minutes from I-485/I-77 interchange near Westinghouse Boulevard. Nearby recreational destinations include Daniel Stowe Botanical Garden, McDowell Nature Preserve and Crowders and Kings mountain state parks.

Shopping and dining is very close just north of Tullamore at the intersection of Highway 557. There is a Lowe’s, WalMart as well as restaurants, banks and a grocery store. Further east on 49 there are even more dining options before crossing the Buster Boyd Bridge toward McDowell Nature Preserve.

For boaters, there is access near the Buster Boyd Bridge and Lake Wylie Marina.

tullamorehome — An Essex Home in Tullamore

Neighborhood amenities include a picnic area and playgrounds.

Essex Homes is in the process of building out the 101 home sites in Tullamore, and only new construction is available.

The homes in Tullamore range from 2,100 square feet to 4,096 square feet and are priced starting in the $300,000s. Both ranch and 2-story homes are available in Tullamore on generously-sized lots. Essex is offering 10 home plans with a range of customizable options.

There are currently 11 homes listed for sale in Tullamore. Only 2 homes are under contract as of March 3.

A total of 7 homes have sold in the last 12 months in Tullamore. The average sales price for the homes that have sold in Tullamore is $308,409 and less than $96 per square foot.

The neighborhood is zoned for Crowders Creek Elementary School, Oak Ridge Middle School and Clover High School.

Essex Homes is also building homes in The Bluffs and Handsmill on Lake Wylie.

The Sanctuary lives up to its name

March 17, 2016 by lkw_df Leave a Comment

Grand estate homes on large lots in a heavily wooded setting is the trademark of Lake Wylie’s The Sanctuary, an exclusive community with just 187 home sites planned on its more than 1,350 acres.

The idyllic Charlotte setting offers both waterfront and interior acreage, with lots ranging from 2 acres to 13 acres. In addition to main homes, the larger lot sizes allow for building additional structures like guest homes and studios.

Amenities include The Camp & John James Audubon Lodge, a 17-acre waterfront area with swimming pools, tennis courts, fitness center and a boating center. The Sanctuary employs a full-time staff to bring neighborhood residents together in social and recreational activities.

The neighborhood is adjacent to Thomas McAlister Winget Park and the North Carolina State Wildlife Landing. It is approximately 5 miles to I-485 at Steele Creek Road. Charlotte-Douglas airport is about 20 minutes away, and a commute to Uptown will take approximately 35 minutes. For everyday shopping, the Steele Creek area is the most convenient from the neighborhood.

There are 15 approved builders for creating custom homes in The Sanctuary. Twenty percent of the land space will remain undeveloped and allows for nearly 20 miles of walking trails, 300 acres of open common space and 7 miles of shoreline on the property.

Currently, there are 9 properties listed for sale in The Sanctuary, one of which is under contract. Seven of the properties are resale homes, and two are pre-construction home plans that can be purchased as land only.

Only six homes sold in The Sanctuary during the last 12 months. Five of the homes were resale and 1 was a new construction home. None was waterfront property.

The average sales price of those 6 homes sold was $811,125 and $168.20 per square foot. The sales averaged 96.6% of list price.

Additionally, there is a unique opportunity to own a waterfront home inside The Sanctuary property that is not governed by Sanctuary deed restrictions.

Built in 1953, the 1,000-square-foot home is in a prime location that includes a boat lift and dock. It is listed at $450,000 and could be occupied as is or torn down and rebuilt. The lot is nearly 1.2 acres. It is a fantastic chance to live within the beauty of The Sanctuary without the steep price or restrictions.

The family-friendly neighborhood is zoned for Charlotte’s Winget Park Elementary School, Southwest Middle School and Olympic High School.

Lake Wylie sales prices up, inventory down

March 10, 2016 by lkw_df Leave a Comment

The year-over-year average sales prices of Lake Wylie homes was up for February, as the housing inventory dips.

According to data from Carolina Multiple Listing Services (CMLS), the average sales price of a Lake Wylie home rose 12.7% to $364,108 from $323,195 a year ago. Median home sales prices were also up to $320,548, a 10.4% increase from year-ago figures.

The Lake Wylie area has just 4.5 months of market inventory. That is a drop of more than 10% from February 2015 but actually up slightly from 4.4 months inventory in January 2016. Inventory of 6 months represents a balanced market that neither favors the buyer or seller. Less than 6 months inventory is considered a seller’s market.

In February 2016, there were 369 homes actively listed for sale, down from 404 a year ago.

The percent of original list price received dropped slightly from February 2015 to 94.4% from 95.2%. Typically, low inventory drives demand and higher closing prices. Theoretically, the percent of list price should come up if inventory continues downward. However, the market does tend to pick up in the Spring months, which may tip the scales toward more of a balanced market.

Days on the market, which is measured from date listed to under contract, for Lake Wylie homes was unchanged at 107 from February 2015.

As a whole, York County year-over-year figures for February were as follows: Average sales price: $231,877, up +0.9%; Median sales price: $190,500, -5.9%; Months inventory, 2.7, -28.9%; Inventory of homes for sale: 940, -21.4%; Days on the market, 69, -9.2%.

February inventory dropped for the entire CMLS region, which includes 8 counties around the Charlotte metro area. There was just 2.8 months of inventory, a dip of nearly 35% from last year.

Seclusion & security in gorgeous River Hills

February 24, 2016 by lkw_df Leave a Comment

River Hills on Lake Wylie is one of the area’s premier lakeside communities with nearly 1,100 single-family homes and condominiums.

Built in the the 1970s by Hilton Head’s Sea Pines Group, the gated community is built around the championship golf course of River Hills Country Club.

The neighborhood has tennis courts, a fitness center, swimming pools, community gardens and walking trails for residents to enjoy. Homeowners also have lake access via a private, full-service marina and boat slips for owners without waterfront access at their home.

River Hills is on the South Carolina side of Buster Boyd Bridge on Hwy 49 and is only 30 minutes from Rock Hill, Uptown Charlotte, Gastonia or Charlotte-Douglas Airport.

The award-winning Clover School District serves the neighborhood.

For more complete neighborhood details, see this neighborhood profile.

An average of 5.3 homes sold each month in River Hills during the last 12 months for an average sales price of $324,532.

There are currently 27 homes for sale in River Hills, ranging in price from $200,000 to $830,000. Nine of the homes are already under contract as of Feb. 24.

Six waterfront properties are listed for sale, including this beautiful 3 bedroom, 2 bathroom home that is behind River Hills gates but technically not part of the property and therefore not in the HOA. This is a fantastic way to live on the water in a secure location without HOA fees! This seller is motivated, and it’s a wonderful opportunity to live on the water!

Twenty-seven homes listed represents approximately 5 months of inventory for the neighborhood, which is less than the 7 months inventory currently for both Lake Wylie and York County.

The highest price of a home sold in the past year was $610,000 for a 5 bedroom, 4 bathroom 5,400-square-foot home on the golf course. The lowest price was a townhome that sold for $137,400. On average, River Hills’ properties sell for 97% of list price.

River Hills is a fantastic property in a prime lakeside location. Its diverse home styles and activities attract all types of people and families. There is something for everyone in River Hills!

York Co. proposes housing freeze

February 16, 2016 by lkw_df Leave a Comment

A new proposed ordinance would not allow any further building permits to be issued in York Co. communities where there is a concern of the impact of rapid growth, such as the Lake Wylie area.

The York County Council is moving to enforce this is in unincorporated areas of Fort Mill and Bethel townships, according to a Rock Hill Herald report.

In addition to the Lake Wylie area, the land between the Catawba River and North Carolina line would also be impacted by the proposed freeze.

Concern came from residents currently living in the high-growth areas that the areas were being overbuilt and that roadways were not meant to handle the increased traffic more building would bring.

All new construction of single-family and multi-family homes would be stopped until an impact study can be completed.

A detailed outline of the proposed ordinance is expected to be ready for a council vote April 4.

Concern over the construction boom is not a new issue for the Lake Wylie area. A little more than a year ago there were 20 subdivisions planned or under way. Those projects alone would cover 2,000 acres.

While the increased population helps the local economy, it also puts strain on public services, like roads and the school system.

York County Councilman Bruce Henderson last year called for a building moratorium and tighter restrictions on future construction. His effort failed, though the county has made an ongoing effort to change county codes.

It appears the county will revisit this issue again April 18. Population density is definitely a concern for an area and community that prides itself on living a laid-back, lakeside lifestyle.

The Landing: Lake life & the pursuit of happiness

January 26, 2016 by lkw_df Leave a Comment

Great Clover schools, great location and York County taxes are just three reasons to consider moving into one of the beautiful homes in The Landing on Lake Wylie.

Located at Highway 49 near the intersection of Highway 274, the community is convenient to Charlotte, Rock Hill and Gastonia. Nearby Shoppes at the Landing offers retail, dining and business offices close to home. Walmart and Lowe’s Home Improvement are just up the road, and more dining and shopping options are further east on 49 toward the Buster Boyd Bridge.

For Landing residents there is a covered picnic area, a pool and clubhouse and a playground. There are also 2 miles of paved walking trails throughout the wooded neighborhood.

Developed by Crescent Communities and built by some of the country’s finest builders, such as Saussy Burbank, Shea Homes and David Weekly, The Landing has waterview, waterfront and interior homes available. There are also 4 sites for sale – 2 half-acre parcels and 2 three-quarter-acre sites still available ranging from $45,000 to $65,000. Home size requirements are minimum of 2,400 for a one-story ranch home or 2,600 for a two-story home.

Currently, there are 8 homes for sale in The Landing, two of which are under contract. None of the homes listed are on waterfront lots. They range in size from 2,800 square feet to 4,700 square feet. An average of 1.1 homes sell per month in The Landing, which puts the current inventory at just under 7.5 months. This is more than the average for Lake Wylie and York County, which each has 6.9 months of inventory.

The average price of a home in The Landing is $436,686 for the last 12 months. Expect to pay an average price per square foot of about $126 for a home in The Landing, which is the average during the last 12 months.

Twelve homes sold during the last year in The Landing for an average of 98% of list price. The highest price of a home sold was $744,000 for a waterfront home and lowest was $323,000.

You simply cannot go wrong living near the water, and The Landing is a fantastic, family-friendly choice!

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