New Development Needs More Time

County planners for York County, SC met on August 1 to review new housing developments. One of the most exciting projects is for a proposed 224 acres that spans from Bethel School Road all the way to Crowders Creek. This is right behind existing homes in Paddlers Cove and the new sports park which is underway. This plan would be on the south side of the creek. This development is in the initial stages of the process and is under review for the preliminary plat and permitting at this point. As we find out more details we will publish them.

The second major development that was discussed was Meriway Pointe with developer Walton Development. They have asked for another extension for their plan for 449 homes on just about 213 acres on the North of Crowders Creek. These extensions are not uncommon and property owners can request up to 5 each year while in the process. This would be the third extension this year on this particular project.

It looks like getting connected to utilities, specifically water and sewer is the holdup at this point. There are some capacity issues that need to be ironed out that are causing delays. They should be resolved soon and the development schedule will be going once again.

Keep in mind that these projects are proposed and could run into substantial hurdles in the days ahead. Additional issues can always crop up as part of any project, large or small. Some or all of the plans could be altered or eliminated as part of the process.

To read more about these neighborhoods and the planning stages, see the full story in The Herald Online here. To schedule a tour of homes in the Lake Wylie area, call 803-831-8588. To view all current listings and create custom searches, click here.

Featured Listing: 1300 Saddle Drive

If you are looking for a home that is a true escape from the hustle and bustle of the city, but you still need to be close to town, this home is for you! The five acre homesite is private and features a hardwood canopy which lends privacy and tranquility.

Located just off highway 49 in York, 1300 Saddle Drive is conveniently close to shopping, dining, schools, churches, and much more. A trip to Uptown Charlotte is just over 30 miles away and a trip to Charlotte Douglas International Airport is just under 30 miles.

As you approach the home from highway 49, you wind up your private driveway to your own personal oasis. The hardwood canopy screens your private pool from view of neighbors. Enjoy chilly nights gathered with friends and family at the firepit. There is plenty of room for yard games, gardens, playscapes and much more.

For the collector or hobbyist, there is a 28×40 workshop with three garage doors, one of which overlooks the pool. There is also a sunroom at the rear of the home that overlooks the pool.

Inside this home you will find three bedrooms and two and a half bathrooms in 2,317 square feet. The home has been tastefully updated since it was built in 1994. The updates include a true owners suite with updated bath and walk-in-closet with customized shelving.

This home is part of the Shiloh Farms neighborhood where just 5 homes sold in the last year. There are currently five listings in Shiloh Farms, which represents a full year supply. Current list price on 1300 Saddle Drive is $419,900.

If you are interested in scheduling a private tour of this home or any other listing in Shiloh Farms, call us at 803-831-8588. To view current listings and create custom searches, click here.

Neighborhood Spotlight: Mariners Watch Cove

If you’ve had your eye on the exclusive community of Mariners Watch Cove in York, SC, you’re not alone. This popular spot is part of the Allison Creek Peninsula on the shores of Lake Wylie and is truly stunning. With million dollar views, large lots, majestic trees, and stellar homes, you won’t believe you are just 45 minutes from Uptown Charlotte.

To get to Mariners Watch Cove, you have to enter from Hands Mill Highway/Highway 274. Once on the peninsula you feel your cares disappear as you enjoy the splendor of Lake Wylie between Big and Little Allison Creeks. Waterfront homes enjoy year round views of the Lake, while inland homes may have seasonal views.

Though it feels like a retreat, Mariners Watch Cove is only 20 minutes away from York and Clover, South Carolina. 30 minutes away you will find Rock Hill, South Carolina, and 45 minutes will get you to Charlotte Douglas International Airport. Residents are currently zoned for award winning and highly desirable Clover Schools, and also enjoy lower South Carolina taxes.

Homes in Mariners Watch Cove are luxurious and custom built. Most homes have well over 3,000 square feet and some include second living quarters, fully finished basements, guest houses, elevators, wine cellars, boat houses and much more.

It is rare to see one of these homes come on the market, in fact three homes sold in 2017, and two are currently on the market. Waterfront lots command a premium and typically sell for well over $1 million. Interior lots are fantastic as well, though they only have lake access from the public boat ramps the nearest of which is Allison Creek Public on Viesta Road. Interior homes typically sell in the $300,000’s to the $500,000’s.

To schedule a private tour of the two current listings in this amazing neighborhood, call us at 803-831-8588. To view current listings and create custom searches, click here.

Census Data Is In, Here’s What It Means

The U.S. Census Bureau data is in. They calculated population estimates between July 2017 and 2018. The data shows that the Charlotte metro area grew by 13,151 residents, representing a rise of 1.5% for a total of 872,498 residents. This puts Charlotte at #5 in the nation for growth when you look at cities with at least 50,000 residents.

When you widen out to look at the suburbs around Charlotte, there has been an even greater change to some areas, and three of the top growth areas are around Lake Wylie. Lake Wylie in York County was not included in the Census numbers as it is unincorporated, but based on new construction in the area and low housing inventory, has had tremendous growth as well.

When you compare growth from the new Census numbers to the previous Census completed in 2010, you see that Many of the areas near the Lake have gained a tremendous number of new residents. Tega Cay in York County has added 3,082 residents in that time for a 39.6% increase to 10,863 residents. Clover, also in York County has added 1,282 residents for a 25% increase to 6,397 residents. Belmont, which Apartment Therapy just named one of the Coolest Suburbs in America, had a 22.2% increase totaling 12,495 residents, an increase of 2,272 residents.

All of this growth is a good thing as it means that the Charlotte area is vibrant and attractive. What it can mean for someone moving here for the first time is that they need a good Realtor to help them find a home in the area just right for them and their family. That’s where we can help. We can show you homes around the Lake Wylie area and can help you get settled into a new life here.

To schedule a tour of housing options in the Lake Wylie area, give us a call at 803-831-8588. Be sure to visit our search page where you can view current listings and create custom searches.

To read more about the Census numbers, see The Charlotte Business Journal article.

Neighborhood Spotlight: The Lakes at Derby Downs

If you are looking for a custom home in an equestrian community in York County, look no further than The Lakes at Derby Downs. Though not on Lake Wylie, this charming neighborhood boasts peaceful ponds and oversized lots, perfect for a personal retreat.

Homes in The Lakes at Derby Downs vary in size from 2,300 to almost 5,000 square feet of living space. They have a variety of styles and architectural features. Some of the homes have basement lots, some have attached 4 car garages. Most of the homes have large kitchens with islands. Homes have between 3 and 5 bathrooms and 2 to 3.5 bathrooms. Additional features of some homes include coffee bars, sunken family rooms, in-ground pools, screened porches, high ceilings, spa-like bathrooms, deluxe owner’s suites and much more. Many of the homes have over 3 acres of land, perfect for outdoor sports of all kinds, as well as outdoor living spaces. The neighborhood contains equestrian facilities and equestrian trails.

Prices in Derby Downs are typically in the high $200,000’s to the high $400,000’s depending on size of the lot and of the home. Over the past few years, only one or two homes sells in this area meaning that residents don’t want to give up these amazing homes. If this is the spot for you, be ready to snap up a home when it becomes available.

If you are interested in The Lakes at Derby Downs, give us a call at 803-831-8588. We can schedule a private tour of the community and homes in the area. You can also view current listings and create custom searches on our website here.

Visit Longlea Estates

If you haven’t taken a look lately, it’s time to check out Longlea Estates in picturesque Clover, South Carolina. This amazing neighborhood contains stately homes with generous lots in one of the most desirable school districts. You will get great value in a home here as residents also enjoy lower South Carolina taxes.

Clover is a great spot to call home, with small town feel, but still close to Uptown Charlotte. Longlea Estates is also close to Lake Wylie, perfect for a hike, or soaking in all that lake life has to offer. There are many choices for shopping, dining, and entertainment nearby.

Longlea Estates is made up of 224 homes, built in the early 2000’s. There are a variety of floor plans to choose from and lots are typically between a third of an acre to over half of an acre. Homes can range between 1,800 to over 3,500 square feet and contain 3 to 5 bedrooms and 2.5-3.5 bathrooms. There are ranch style homes as well as two-story homes so there is a home for every family here.

In the past year, homes in Longlea Estates have sold for between $190,000 and $267,000 with an average price of $233,389. There is currently only one home on the market here representing 0.9 months of inventory. The rest of Clover has 5 months of inventory which shows how desirable Longlea Estates truly is.

For more information on this or any other neighborhood in the Lake Wylie area, give us a call at 803-831-8588 or visit us on the web at LKWRealty.com.

Great Value in Austen Lakes

Austen Lakes is a great York County neighborhood, but there is some exciting new development that makes it worth a second look. Developer True Homes has opened a new section with new construction homes to the area providing additional options for families looking for affordable homes in a cozy small town with a premier school district minutes away from Lake Wylie.

The new section of the neighborhood is now open so you can build your dream home from the ground up. There are 22 floor plans to choose from and a variety of lots to choose from. Homes range from 1,680 to 4,281 square feet so there is truly a home for every size of family. Prices start in the high $100,000’s which means they are affordable. Larger homes start in the $260,000’s. Homes have between 3 bedrooms, 2.5 bathrooms to 5 bedrooms, 3.5 bathrooms. Open floor plans and kitchen islands make entertaining easy. There are many features that make these homes great, from soaker tubs to upstairs lofts, to screened in porches.

Nearby schools to Austen Lakes include Cotton Belt Elementary School, York Intermediate School, York Middle School, and York Comprehensive High School. There are also private schools in the area.

In the last year, homes in Austen Lakes sold for an average of $223,748. There are currently seven homes on the market representing a seven month supply of homes. Average list price of recently sold homes is $220,429. In the rest of York, there is a 4.4 month supply of homes which means that buyers in Austen Lakes should have bargaining power.

To schedule a private tour of homes in Austen Lakes, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

See our original post about Austen Lakes here.

Be the first to get in on Camburn Lake Wylie

Be one of the first families to get in on the new neighborhood of Camburn. This Clover neighborhood is just 30 minutes from Uptown Charlotte and is near to Lake Wylie for great recreation. With just 32 home sites, Camburn is an exclusive community that won’t last long.

Camburn is a new community of traditionally styled estate-sized homes on large lots in suburban Clover. With lower South Carolina taxes, residents don’t have to sacrifice anything and these homes are zoned for award winning Clover schools. Builder Taylor Morrison is offering homes with classic curb appeal, covered porches, and modern floor plans with great energy efficiency.

Located just 4 miles from the Buster Boyd Bridge, Camburn has easy access to shopping, dining, entertainment, and can connect quickly to Uptown Charlotte and Charlotte Douglas International Airport via I-77 and I-485.

Create the home of your dreams by choosing from one of six different modern floor plans. Homes have open-concept living spaces with great areas for entertaining including gourmet kitchens. These homes have between 3,000 to 3,655 square feet of living space including 3-5 bedrooms, 3-4.5 bathrooms. One and a half or two story plans are available and all have three car garages. Many of the homes have first floor guest suites or first floor master suites. Dens, lofts, formal dining rooms, tray ceilings and game rooms are available options. Rooms have ample storage with walk-in closets.

Prices start in the mid $300’s. Call us at 803-831-8588 to schedule a private tour of lots. We can help walk you through the entire process and will represent you as a buyer, not the builder. You can view current listings and create custom searches on our website 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.