fort mill

Neighborhood Spotlight: Watertrace

May 10, 2022 by lkw_df Leave a Comment

To have the best of everything, Watertrace is the place to be. This amazing neighborhood has executive homes with a variety including waterfront homes on Lake Wylie in Tega Cay. They have private wooded lots and are zoned for top rated Fort Mill schools.

Watertrace is located off of Tega Cay drive right near Turner Field, between Tega Cay Golf Club and Trailhead Park. This great location is close to shopping, dining, and entertainment. A trip to Uptown Charlotte takes around a half hour with nearby highway access. It is also about a half hour to Charlotte Douglas International Airport.

Homes in Watertrace range in size from about 2,000 to over 5,600 square feet of living space. Some homes have fully finished basements. They include great features like open floor plans, chef’s kitchens, home offices, and luxurious primary suites. They have between 3 and 7 bedrooms and between 2 and 9 bathrooms. This wide variety means there is a home in Watertrace for every size family.

In the past year, just seven homes sold in Watertrace with only one waterfront home selling. They ranged in price from $500,000 to $835,000 which is low compared to many waterfront homes on Lake Wylie. There is currently one home listed for sale in Watertrace, and it went under contract the day it was listed. This is a great time to purchase a home before interest rates rise any further, but if you want a home in Watertrace, you have to be ready to put in an offer as soon as it becomes available.

If you want to know more about Watertrace or want to schedule a showing on a home in the Lake Wylie area, call us at 803-831-8588. We can help you with anything you need to buy or sell a home. You can view current listings and create custom searches on our website here.

Lake Wylie and and US Real Estate Market Report

December 23, 2017 by David McCorkle Leave a Comment

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.

Tega Cay and Fort Mill are safest cities in South Carolina

May 14, 2017 by lkw_df Leave a Comment

There is good news for residents of Tega Cay and Fort Mill, as well as for those looking to move to these cites. Both of the cities topped the list among the top 50 safest cities in South Carolina, coming in first and second, respectively, according to the National Council for Home Safety and Security.

Tega Cay and Fort Mill consistently rank among the safest cities to live in, with a very strong police department and fire department, both of which maintain great community relations.

The National Council of Home Safety and Security bases it’s rankings on “federal crime reports, population data and in-house research.” On average, there are seven violent crimes per 1,000 people in South Carolina, and Tega Cay hardly registered a percentage with only one violent crime against its entire population of over 9,500 people. And, Fort Mill has less than two crimes per 1,000 residents. Furthermore, the total number of property crimes in Tega Cay and Fort Mill fell well below the state average. These stats truly exemplify just how safe these areas are to live in.

For more details and information on the safety honors for both of these great cities and what it means for the residents there, be sure to read the full article at Heraldonline.com.

Plenty in the pipeline for Fort Mill

May 14, 2017 by lkw_df Leave a Comment

Plenty of potential new development is in the pipeline for Fort Mill, with a variety of proposals recently submitted to York County planners. One major proposal includes a 4-acre residential community located off of Sutton Road at 1879 Camber Woods in unincorporated Fort Mill between existing sections of Baxter.

Furthermore, an additional 147 townhomes may be built at Regent Park on a property that totals approximately 46 acres. Another residential development that may come to fruition is a single-family subdivision off of Kennel Road in Fort Mill between Springfield and Foxwood totaling approximately 29 acres.

As far as commercial development goes, there is a warehouse distribution center totaling 370,000 square feet that could potentially be moving to Lakemont Business Park on the 60-acre site near Carowinds. Also in the works is a convenience center at 2093 Fort Mill Parkway that will include a permanent trash and recycling center. There is also a plot of land on the corner of US 21 and Garrison Farm Road in the Fort Mill area that was an auto sales site and is up for redevelopment.

There are discussions of a new school located at 1894 Zoar Rosd near Tega Cay on a near two-acre plot of land, among many, many more potential projects. All of these projects have submitted preliminary proposals to the county and are waiting on approval.

For more details and information on what could be to come in Fort Mill and the surrounding area, be sure to read the full article at Heraldonline.com.

New high school opening in Fort Mill

May 4, 2017 by lkw_df Leave a Comment

Fort Mill’s growing community and thriving Saint Anne Catholic School mean big changes for the local school.

A new high school will be opening in Fort Mill this fall, as Saint Anne High School will be moving from its Rock Hill campus to Saint Philip Neri Catholic Church in Fort Mill. Only the high school will be held at the Fort Mill church, while pre-K through middle school classes will still be held at Saint Anne Catholic School in Rock Hill.

In 2012, Saint Anne was accredited, and in 2014, it expanded to include pre-kindergarten all the way through grade 12. The high school originally began with only six students and is now up to 50. They have been looking for more space for over a year and have finally found it at the Saint Philip Neri Catholic Church. The school as a whole is up to approximately 350 total students.

The school’s move fills a practical need, as it clearly needed more space, and it is also representative of the growing Fort Mill population and community. Feedback from the community has been extremely positive and parents of the Saint Anne students have supported the move. Saint Anne has students from Charlotte, Chester, Fort Mill, Indian Land, Lake Wylie and York, as well as Rock Hill.

For more details and information on this new school’s move and expansion and what it means for the Fort Mill community, be sure to read the full article at Heraldonline.com.

Fort Mill’s Strawberry Festival is coming to town

May 4, 2017 by lkw_df Leave a Comment

With Spring in the air and summer on the way, berry season is getting under way, and there is no better way to ring it in than a local and delicious strawberry festival.

Fort Mill residents are getting ready to gear up for what will be the eighth annual South Carolina Strawberry Festival this weekend. Springs Farm strawberries will be the star of the show, and they will be available for picking from the fields and will also be showcased throughout the festival events. This is a great opportunity for the whole family to come out for a great day of yummy entertainment.

Attendees of the festival can come out and not only pick their own strawberries, but they can also participate in and watch plenty of fun, including the strawberry cake eating contest, appearances by Berry Be Good, the strawberry mascot, and a pig race that will end with a kiss from the Strawberry Queen.

The annual strawberry pageant already took place as a way to raise money for a local cause. The winner of the pageant was crowned Miss Strawberry Festival Queen 2017.

While the strawberries are of course the main focus of the event, the festival will also showcase more than 100 local businesses and art vendors from the Fort Mill community.

For more details and information on this family friendly event happening in Fort Mill, be sure to read the full article at WCNC.com.

Market Update: March

April 28, 2017 by lkw_df Leave a Comment

Home prices in the entire Carolina MLS area just continue to rise, with housing inventory in the Charlotte region at a low, and a growing demand for property in this super hot real estate market. Home sales increased 11.5% in March 2017 as compared with the same month of 2016. This increase is a whopping 54% jump compared to February 2017. Plus, the average list price was up 9.4% in March as compared with the same month in 2016.

Inventory in Lake Wylie was also down 28.6% in year over year numbers for March, however there was a 9.1% drop in the average sales price of homes. New listings, though, were up 35.8% in March 2017 versus March 2016.

In Fort Mill, inventory is also down, but the average sales price is up 14.5% in year over year numbers, and new listings are surprisingly down 3.5%.

With the low months supply of inventory and few new homes being listed on the market, a rise in sales price is fairly predictable. Across the nation, there has been a steady and constant increase in home sale prices. They are rising the quickest they have in approximately three years, and Charlotte as a whole still has these nationwide numbers beat.

Mortgage rates are also higher now than compared with those of a year ago, and this, coupled with higher home prices, may eventually temper the heightened demand for housing in Charlotte. Currently, homes seem to sell almost as soon as they are listed, so buyers will want to act quickly when they find a home they are interested in.

Charlotte definitely has a seller’s market on its hands, with low inventory, rising home prices, and a surge in home sales. For more details and info on what this means for home buyers and sellers alike, be sure to take a look at the full article at CharlotteObserver.com.

New eateries and more at Kingsley in Fort Mill

April 23, 2017 by lkw_df Leave a Comment

The new Kingsley Village Town Center in Fort Mill is in a prime location for restaurants, and plenty of chain eateries have taken notice and are getting ready to move in. Located just off of exit 85 from Interstate 77, the shopping center is now home to one of its largest anticipated restaurants, Carolina Ale House, which can seat up to 350 guests inside as well as an additional 150 guests outside. It is a convenient location for families with kids to eat at and then walk around a bit, and there are patrons who frequent the restaurant for drinks after playing golf nearby. Furthermore, Carolina Ale House is perhaps the largest restaurant employer in Fort Mill. With 70 TV screens and a diverse menu, the restaurant has a little something for everyone.

In addition to the newest 7,000 square-foot Carolina Ale House, additional upcoming restaurant tenants include a Starbucks coffee shop, a Smashburger, a Panera Bread, a Clean Juice bar, A Brixx pizza place, and a Corkscrew Winery, for now.

Kingsley Village is a mixed-use development occupying 626 acres and a recently opened new Courtyard Marriott hotel with 125 guest rooms. Additionally, 200 apartments are also planned for the development, and 48 of which will be located above retail shops in the town center. Kingsley Village is also home to Lash Group, which plans to employ 2,400 people at its facility, as well as LPL Financial, which expects 3,000 employees at its Kingsley facility.

Kingsley is a rapidly developing area, and for more details and information on what is to come, be sure to check out the full article at Heraldonline.com.