Homes for sale in Lake Wylie

May Market Report

June 13, 2020 by lkw_df Leave a Comment

The May numbers have arrived from the Canopy Realtor Association. The numbers are based on data from the Canopy Multiple Listing Service, and the data show that as expected Covid-19 is having a dramatic effect on the real estate market. In fact, the virus has shortened supply even more, though there are some numbers that are encouraging.

When you look at the entire Charlotte area, you see that the supply of homes has decreased from 2.6 month supply last year at this time to just 1.6 month supply this year. This shows that in these uncertain times that more people are staying put and not listing their homes for sale. This gives additional leverage to sellers in this market. A balanced market between buyers and sellers is considered to be 4-6 months of supply. Additionally prices are staying about the same, with the average home price going up just 0.2% year over year.

When you look at just the Lake Wylie area, you see supply of homes has decreased drastically year over year. Last year there was a 4 month supply of homes with 441 listings. This year there is just a 1.8 month supply which is only 240 homes listed.

New listings are down year over year showing hesitation and uncertainty in the market. Closed sales are also down year over year. The one bright spot is that pending sales are up year over year from 153 to 191, an increase of 24.8%. This bodes well for next month’s numbers as we should see many of these pending sales head to the closing table.

Prices in the Lake Wylie area are holding steady for now. Last May the average sale price was $386,792 and this May the average sale price was down just 1.4% to $381,388. It is important to keep in mind that just a few sales of waterfront properties can dramatically change the average price due to the small sample size.

During this time of quarantine, many people are looking for their dream homes with private amenities to entertain themselves and their families as we socially distance. If you are looking for your perfect home, give us a call at 803-831-8588. You can view current listings and create custom searches on our website here.

Explore Heron Cove

February 25, 2020 by lkw_df Leave a Comment

Of the many amazing lakefront neighborhoods in Lake Wylie, Heron Cove may be one of our favorites. The location is great, the schools are excellent, and you can’t beat the lake views. The community is further strengthened by amenities and local activities for all ages. This is a great place to call home.

To get to Heron Cove, take Highway 49 across the Buster Boyd Bridge, the neighborhood is just across the bridge and to the right. This means that residents are near shopping, restaurants, and community events. The neighborhood is zoned for Clover schools, one of the best in South Carolina, but you get the advantage of lower South Carolina taxes.

As you enter the community you will see the amenities including Waterfront Park. This park has swimming, and fishing. There is a storage rack for resident’s canoes, picnic and barbecue grills and a fire pit. There is a playground for the kids as well as Heron Park Swim Club and walking trails throughout the community. There is also dry-boat storage for residents.

Lots in Heron Cove are large, coming in mostly over an acre with old growth trees on a quiet peninsula on the lake. Homes were custom built, and tend to average 4,000 square feet and are packed with features. Many homes have coffered ceilings, hardwood flooring, gourmet kitchens, spa-like bathrooms, bonus rooms and some even have basements.

Currently there are 5 homes on the market in Heron Cove representing 10 months of inventory. The rest of Lake Wylie has just a 4.5 month supply of homes so buyers may have the upper hand in negotiations.

Heron Cove is a stunning neighborhood on beautiful Lake Wylie that you don’t want to miss! To schedule a private tour of homes in Heron Cove or any other Lake Wylie neighborhood, give us a call at 803-831-8588. To view all current listings and create custom searches, visit our website here.

Featured Listing: 144 Autumn Falls #17

January 9, 2020 by lkw_df Leave a Comment

A rare opportunity to own an immaculate townhome in Autumn Cove is available now. This wonderful home has everything you need and is close to shopping, dining, highway access, commuting distance to Uptown Charlotte, and is close to Lake Wylie. The home is zoned for award winning Clover schools, yet has lower South Carolina taxes. This impressive home is a must see and won’t last long.

This home has a great open floor plan with the kitchen open to the breakfast room, and large great room. This is the perfect place to entertain as there is also a dining room and a half bath downstairs. Upstairs you will find the large master with spacious walk-in-closet and en suite bath complete with a garden tub and separate shower. There are two additional bedrooms and one more full bathroom upstairs.

Outside this home you will find a private fenced back yard with patio perfect for outdoor dining and relaxing by the fire pit. There is also a one car garage perfect for car storage or to set up as a workshop.

Autumn Cove is located right across the street from Crowders Creek Elementary School on the Lake Wylie Road peninsula. This means that you are close to the Buster Boyd Bridge right in the heart of Lake Wylie. Residents can enjoy the outdoor community pool, playground, and walking trails.

If you would like to schedule a private tour of this home or any other home in the Lake Wylie area, give us a call at 803-831-8588. You can view additional details on this home here and view all current listings and create custom searches on our website here.

Get In On Brown Burrough

January 9, 2020 by lkw_df Leave a Comment

If you’re interested in a great home on a large lot in Clover, South Carolina, Brown Burrough may be the right place for you. The neighborhood is tucked back off of Highway 321 about halfway between Clover and York. You are truly in the heart of the country, but with nearby shops and restaurants, you have everything you need close by.

Lots in Brown Burrough are all right around an acre in size and most of the lots have abundant large old growth trees and woods. Many of the homes are set back a good ways from the road giving privacy and some of the homes have gated entry at the driveway. There is no homeowner’s association, which also means no community amenities, though there are many places nearby to engage with the community. You can also quickly get to Lake Wylie to enjoy the lake and surrounding areas.

Homes in Brown Burrough were built in the late 1990’s to the early 2000’s and many of them show like brand new. Homes have between 2 and 3 bedrooms and 2 bathrooms in 1,100 to 1,800 square feet of living space. Many of the homes have great outdoor living and gathering spaces. Some have spaces to park an RV, some have outbuildings or storage sheds. In the past year homes sold for an average price of $128,667 making it an affordable option as well.

Homes in Brown Burrough don’t come on the market very often, in fact only three homes sold there in the last year. They are very desirable as the longest any of the homes stayed on the market before going under contract was 5 days. There is currently one home on the market in the neighborhood, and it went under contract in just 2 days. Give us a call at 803-831-8588 and we can help you be prepared the minute one of these homes comes on the market. You can view all current listings and create custom searches on our website here.

Neighborhood Spotlight: Clarendon Estates

December 30, 2019 by lkw_df Leave a Comment

Just across the Buster Boyd Bridge, you will find the amazing neighborhood of Clarendon Estates. This community is made up of 74 homes with large lots, newer homes with plenty of space and great storage. They are close to Lake Wylie, Rock Hill and are commuting distance from Uptown Charlotte. There is great shopping and dining nearby as well as natural areas and parks to enjoy the lake. Residents enjoy lower South Carolina taxes, but still get to take advantage of award winning Clover schools.

Homes in Clarendon Estates were built around 2004-2008 and are typically 3-4 bedrooms and 2-3 bathrooms in 2,400 to over 3,000 square feet of living space. Homes have many high end features including chef’s kitchens, granite counters, custom cabinetry, hardwood flooring, and crown molding. Many of the homes have bonus rooms, home offices, guest suites and more.

Many of the homes have great outdoor living spaces to take advantage of the scenery of the large yards. Most of the lots are between one and two acres affording plenty of privacy. Some of the homes have detached garages with plenty of room for a workshop, or possibly a second living quarters.

In the past year, only five homes sold in Clarendon Estates showing that homeowners are reluctant to leave this tranquil spot. They sold for between $325,000 and $445,000 with an average sale price of $395,500. Homes sold quickly as well, with most of them spending a month or less on the market before going under contract.

If you are interested in joining the community in Clarendon Estates, give us a call at 803-831-8588. There is currently one home listed for sale, but showings will not start until just after the holidays. You can view all current listings and create custom searches on our website here.

Neighborhood Spotlight: Clover Meadows

December 16, 2019 by lkw_df Leave a Comment

If you are looking for a family friendly neighborhood in Clover, South Carolina, look no further than Clover Meadows. This great spot is one of the largest subdivisions in Clover meaning that there is a great community feel. There have been three builders, Craft Homes USA who built from 2003-2005, CP Morgan between 2005-2009, and True Homes is doing the final building phase that started in 2009 and is almost complete. These homes enjoy lower South Carolina taxes, which also feeding to spectacular Clover schools.

Clover Meadows is located just off Main Street a little bit to the North of the heart of Clover. Residents are close to Lake Wylie, but can also head straight North to Gastonia, or to highway access to connect to Uptown Charlotte, and Charlotte Douglas International Airport. There are many choices for shopping, dining, and entertainment close by.

Homes in Clover Meadows are affordable with the average price hitting just over $200,000 over the last year. There are many homes still in the mid-$100,000’s. Most of the homes are around 1,700 to 2,800 square feet but there are a few homes that are over 4,000 square feet of living space. Homes have a range between 3 and 5 bedrooms and 2 and 2.5 bathrooms. Homes have 1 to 3 car garages, and have low maintenance exteriors, some with stone and brick detailing. Interiors have open floor plans and plenty of storage.

If you are interested in joining the community in Clover Meadows, give us a call at 803-831-8588. We can arrange a private tour of homes, and can advise you further on the local real estate market. You can view all current listings and create custom searches on our website here.

Neighborhood Spotlight: Moore’s Landing

October 30, 2019 by lkw_df Leave a Comment

There aren’t many condos right on the lake in Lake Wylie. They don’t come on the market often so when they do, you need to be ready to jump at the chance. One of the best of the communities is Moore’s Landing. The community is nestled inside River Hills and shares the amazing amenities. Homes here are zoned for award winning Clover schools, are close to everything you need, and are commuting distance to Uptown Charlotte.

Homes in Moore’s Landing were built in the late 1970’s and early 1980’s and have a great retro style. This includes cathedral ceilings, and large windows letting in light and lake views. Many of the homes have been completely remodeled in the years since they were built. There are opportunities to update these homes yourself to make it truly the home of your dreams. Most units have 2 bedrooms and 2 full bathrooms with just over 1,200 square feet of living space. Prices are reasonable as well with a typical list price at or under $200,000.

The amenities are the real story in Moore’s Landing. This makes your home seem larger and provides ample opportunities to connect with the wider River Hills community. Amenities include a business center, club house, dock/pier, dog park, fitness center, gated community, golf course, lake, playground, pond, outdoor pool, recreation area, security, sidewalks, street lights, tennis courts, and walking trails. Residents have the opportunity to join River Hills Country Club to get additional amenities.

If you are interested in a home in Moore’s Landing, create a custom search on our website here. You can call us at 803-831-8588 and we will notify you when a home here comes on the market. We can also schedule a private tour of similar homes in the area.

View the 2019 Parade of Homes

October 9, 2019 by lkw_df Leave a Comment

The annual Parade of Homes has already started, but there is still plenty of time to tour these amazing homes. This yearly event is brought to you by The Homebuilders Association of Greater Charlotte. It’s like the largest open house where you can tour a variety of different homes in different price points, areas, and styles. This event is free to the public, but it may just help you purchase your next home.

Homes on the tour are presented by local and national homebuilders and are in some of the most desirable neighborhoods. There are many neighborhoods in the Lake Wylie area that made the tour. The rest of the tour is spread over the entire Charlotte region.

The tour runs for three weekends with only the first already done. The next dates are October 11-13 and October 18-20. Homes are open from 11:00 am to 6:00 pm on Fridays and Saturdays, and from 1:00 pm to 6:00 pm on Sundays. Homes in neighborhoods closest to Lake Wylie are:

Paddlers Cove by Dan Ryan Builders
Arden Mill by Classica
Timberwood by Essex Homes
Harper’s Pointe by Taylor Morrison
The Meridians by Meritage Homes
Regency at Palisades by Toll Brothers (3 homes on the tour)
North Reach by Taylor Morrison
McLean by Essex Homes
Morgan’s Branch by Taylor Morrison

For more information on the most updated dates and times for the tour, you can like and follow on Facebook or you can check out the interactive Parade of Homes website ParadeCharlotte.com. They do have online maps or you can pick up a printed tour book at any of the homes.

Always remember that agents in those homes will work for the builder, so if you want fair representation in a transaction, bring your Realtor with you to help you negotiate. The seller pays for the buyers agent so there is no cost to you. If you are interested in purchasing a home in the Lake Wylie area, bring us along on the tour, or schedule a private tour without the crowds by calling 803-831-8588. You can view all current listings and create custom searches on our website here.