Homes for sale in Lake Wylie

September Market Report

October 20, 2020 by lkw_df Leave a Comment

The numbers are out once again from the Canopy Realtor Association. They show the trend once again of low inventory, prices inching up higher, and homes selling quickly. When you look at the entire Charlotte Region, you see that despite more homes being listed than at the same time last year, that inventory has hit a historical low of just a 1.1 month supply. That means that just barely over 5,000 homes are on the market down from just under 10,500 last year.

When you look just at the Lake Wylie area, you see that inventory is down to just a 1.3 month supply, this means that 181 homes are on the market versus 430 last September. This typically means that the seller will have the upper hand in negotiations as there is limited supply so they can command a premium when they do sell.

Average Sales Prices are up 5.5% year over year to $440,675. Sellers are receiving on average 99.4% of list price when they sell. This means that most homes are selling at or above list price so buyers can’t expect any discounts right now.

Homes are selling quickly as well. Last year the average home went from listing to the closing table in 106 days, this year they are selling 10 days quicker at 96 days. This shows that there is high demand for the few homes that are listed right now.

New Listings and Pending Sales are both up, but they aren’t able to overcome the low inventory. The pandemic has exacerbated the already low inventory we have been tracking for the last few years. It remains to be seen if the market will recover quickly or slowly once there is a vaccine.

If you are in the market to buy or sell a home in the Lake Wylie area, call us at 803-831-8588. To view current listings and create custom searches for homes, visit LKWRealty.com

Neighborhood Spotlight: The Landing

October 2, 2020 by lkw_df Leave a Comment

Right on the shores of Lake Wylie, you’ll find a serene neighborhood called The Landing. This great community is close to Charlotte, but has lower South Carolina taxes, and is in the top rated Clover school district. This should be enough to entice most people, but then you add on great amenities, community events, and wonderful homes and it’s no wonder these homes don’t last long on the market.

The homes in The Landing are estate style homes with large lots of at least a half acre and plenty of space. Many of the homes have over 3,000 square feet of living space and some have over 6,000 square feet. These homes were built in the early 2000’s and have open floorplans, home offices, and waterfront homes have docks and boathouses.

In addition to these amazing homes, there are great amenities in The Landing. There are 25 boat slips for residents without direct water access. There is also a neighborhood park, clubhouse, and pool. There are around 2 miles of paved walking trails and sidewalks encouraging residents to take advantage of the outdoors. There is a competitive swim team for the kids, and many community events throughout the year.

There are currently 7 homes on the market in The Landing representing 5.6 months of inventory, but of the seven four are already under contract. Typically having 5.6 months of inventory represents a balanced market between buyers and sellers, but with the broader trend of low inventory in the region, sellers may still have the upper hand in negotiations.

In the last year, homes sold for between $365,000 and $1,060,000. This shows the difference between a small interior home and a large waterfront home.

To learn more about The Landing, call us at 803-831-8588. Visit our website LKWRealty.com to learn more about Lake Wylie and to view current listings and create custom searches of available homes.

Large Homes In Demand

October 1, 2020 by lkw_df Leave a Comment

Many markets across the United States are showing an interesting trend during the time of Covid-19. People are buying larger homes. There had been a trend for a while where people were downsizing and looking at tiny homes. It seemed like such a good idea to have a smaller footprint, and value experiences over things. That time has passed.

With many people now working from home and helping children with virtual school, many families are feeling the pinch of small spaces. Garages are being taken over by learning pods, and finding a quiet corner to take a business call can be a challenge. We are being asked to multitask on a level never seen before. This is where having a larger space can come in really handy.

Many buyers are looking for homes that have separate offices for two adults, as well as a space suitable for virtual school. Outdoor living spaces such as playscapes, pools, or space for lawn games or trampolines are also big selling points.

The place your home is located is not as big of an issue right now either. With work being conducted remotely for most office jobs, your home just has to be connected to speedy internet. This has allowed many people to contemplate moving to a great natural area such as Lake Wylie. The benefits of this are myriad. Not only do you get the fresh air and natural beauty, but you also get to be part of the lake lifestyle now and once this crisis is over.

To learn more about your options for purchasing a larger home in the Lake Wylie area, call us at 803-831-8588. Visit our website LKWRealty.com to learn more about Lake Wylie and to view current listings and create custom searches of available homes.

New Development on the Horizon

September 17, 2020 by lkw_df Leave a Comment

A new development is in the works on Lake Wylie and Little Allison Creek. The proposed project is being put together by Fielding Homes which is a local builder working in the Fort Mill and Lake Wylie areas. Their previous projects include Mason’s Bend and Paddler’s Cove just to name a few.

The new project is called Lakeside Glen and the plans show that it will be a 425-lot single-family residential project. The site sits on 305.7 acres located between Highway 274 and Allison Creek Road.

This project has been in the works for some time, with a preliminary plat originally filed in March of 2015. There have been changes and revisions since the original filing, the most notable has been increasing of minimum lot size.

There are not many more details available at this time so we still don’t know the size or price range of the homes yet. The York County Planning Commission will continue to work with Fielding Homes as this project comes to fruition.

To learn more about this new development, call us at 803-831-8588. Visit our website LKWRealty.com to learn more about Lake Wylie and to view current listings and create custom searches of available homes.

Custom Build in The Retreat at Sunset Ridge

September 9, 2020 by lkw_df Leave a Comment

If you are one of the many people who desire the laid-back lake lifestyle, The Retreat at Sunset Ridge might be the place for you. This desirable neighborhood is tucked away and private, but is still convenient to Lake Wylie, Clover, and Uptown Charlotte. The neighborhood features new construction custom estate homes. There are existing homes that occasionally come on the market, or you can build your dream home from the ground up.

Homes in the neighborhood are typically between 2,600 to over 4,400 square feet. They can have anywhere from three to six bedrooms, owner’s suites, guest suites, gourmet kitchens, media rooms, and many more custom features. Homes typically sell in the $500,000’s and land typically sells for $50,000-$85,000 depending on size, topography, and proximity to the lake.

In the last year, only four homes sold in The Retreat at Sunset Ridge. This means that there is not much turnover in the neighborhood which is great if you already own a home there, but can make things tricky if you are trying to get into the neighborhood. That’s where we can help because we know the moment a home is listed on the market, and in some instances, we know before a home is listed and we can help you to be the first to get a sneak peek.

There are currently two homes on the market in The Retreat at Sunset Ridge and both of them are already under contract. There are also 5 lots currently for sale which are perfect for getting a start on your dream home. If you would like to schedule a private tour of homesites, give us a call at 803-831-8588. We can help you get in contact with approved builders for the neighborhood to start you on your way.

You do not want to miss a home in The Retreat at Sunset Ridge, and for more homes available and other great neighborhoods in and around Lake Wylie, be sure to visit LKWRealty.com.

Explore Emerald Point

July 23, 2020 by lkw_df Leave a Comment

If you are looking for a waterfront condo on Lake Wylie with little to no maintenance, look no further than Emerald Point. This amazing spot sits on one of the best views on the lake. These stunning views come in one of the lake’s largest condominium communities. The area has beautiful landscaping, community boat docks, swimming pool, club house, pier, and tennis courts.

Emerald Point is in the perfect location, just five minutes from I-485. This means that you can quickly get to Uptown Charlotte, Charlotte Douglas International Airport or any other part of the city with ease. There are many nearby just off Shopton Road. You will find grocery stores, restaurants, and plenty of shopping at and around Charlotte Premium Outlets.

Homes in Emerald Point are typically 2-3 bedrooms with 2-3 bathrooms. Many of the homes have been renovated to include high end features such as granite counters, hardwood flooring, custom closets and more. To take advantage of the views of the lake, homes have outdoor living spaces for gathering, eating, or just sitting and reading a book.

In the past year, 14 homes sold in Emerald Point and most of them sold in less than a month. They are very popular so you have to act fast when one comes on the market. There are currently three homes for sale, but they are all already under contract. Homes typically sell for between $185,000 to $359,000. Prices vary depending on if they have a waterfront view, deeded boat slip, and size and number of bedrooms and bathrooms.

If you are interested in a home in Emerald Point or another neighborhood in the Lake Wylie area, give us a call at 803-831-8588. You can create custom searches of current listings on our website here.

Featured Listing: 9 Sandy Cove Road

July 14, 2020 by lkw_df Leave a Comment

Towards the end of Southpoint peninsula, you’ll find one of the best views of Lake Wylie and it can be all yours. Our new listing at 9 Sandy Cove Road is a true gem at the end of a cul-de-sac street in coveted River Hills. This home has the perfect vantage point for watching sunsets and sunrises from the very private, tucked away property.

This home features 210 feet of unobstructed, main channel views on a peninsula shaped lot. You can enjoy them from the enclosed screen porch, or from the open patio or from most of the rooms which have water views. This full brick home was built in 1978, but has been updated and feels light and open. Outside you will find new landscaping, an all new dock with lift and boat cover, and a shared beach area. There is a 2 car garage with a workshop and lots of storage. The driveway is large and can fit at least 10 cars, perfect for entertaining.

Inside you will find this home has been meticulously maintained and well cared for. There are two fireplaces, an open renovated kitchen with bar area. All bathrooms have been recently renovated as well as the mud/laundry room. There are four bedrooms and three and a half bathrooms in the home and all have lots of storage space and additional storage in the floored attic. You will enjoy all of the 4,030 square feet of this amazing home.

This home is located in the gated, country club community of River Hills. This amazing community features a business center, club house, dog park, fitness center, golf course, outdoor pool, playground, pond, recreation area, tennis courts and walking trails. There is private security in addition to sidewalks and street lights. The home is currently zoned for award winning Clover schools.

If you are interested in learning more about this gem of a home, give us a call at 803-831-8588. To view the full listing, click here. To view all current listings and create custom searches, visit our website here.

Visit Henry’s Orchard

June 19, 2020 by lkw_df Leave a Comment

On the far east side of York, SC, you’ll find a gem of a neighborhood called Henry’s Orchard. These modestly sized homes all have large lots, mature trees, and are zoned for York schools. Lake Wylie is just minutes away so you get the best of the country and the Lake lifestyle.

Come to visit Henry’s Orchard and you may not want to leave. The neighborhood is just off Old York Road, so it is easy to get to shopping, dining, and entertainment. You can be in York in just 10 minutes, Lake Wylie in 10-15 minutes, Charlotte Douglas International Airport in 40 minutes and Uptown Charlotte in 45 minutes. This means you can enjoy the country, while being close to all of the conveniences of the city.

Henry’s Orchard was built in the early 2000’s and homes show like new. These homes range in size from 1,500 to 1,900 square feet of living space and most have 3 bedrooms and 2 bathrooms. Most of these homes have two car garages, though some have a 1 car garage.

The property is the real star of homes in Henry’s Orchard. Each home has around a half acre of property perfect for outdoor living spaces. Many of the homes already take advantage of the outdoors with decks, patos, playscapes, pools, and fire pits.

In the past year, just four homes sold in Henry’s Orchard. The sale prices for the homes ranged between $230,000 and $267,000 with an average sale price of just under $250,000.

There are currently no homes for sale in Henry’s Orchard, but we can let you know as soon as one comes on the market. Give us a call at 803-831-8588 and we will set up a custom search for you. You can view current listings and create your own custom searches on our website here.