Lake Wylie Communities

Gorgeous Lake Living: 5350 Blue Bird Lane

August 1, 2018 by lkw_df Leave a Comment

Located on a fully wooded lot facing the main channel of Lake Wylie, you’ll find Cedar Lodge. This unique home sits on possibly the best property on the Lake. There are breathtaking views from all over the property but especially from the glassed-in porch.

When you approach the property, you will see over 300 feet of road frontage. This gives plenty of privacy from neighbors making Cedar Lodge feel like a retreat. There are 1.9 acres of property included as well as the main house, adjacent bunk house and a large garage workshop.

The main home is a 1,566 square foot home with 2 bedrooms and one bathroom built in 1975. It includes the glassed-in porch which measures 26’ x 16’. This room is truly what makes this home spectacular as you can enjoy living on the water all year round from up here. This lake house is truly a classic.

Next to the main house is a second living quarters in the form of a bunk house which has one bedroom and one bathroom. This is a great place for guests, or for the kids to stay and have separate space from parents.

For the maker in your family, there is a large garage workshop that measures 24’ by 30’. This space is perfect for all of your projects, or just for storage space for a great car.

The best part of the home however, is the over 400 feet of lake frontage. This includes a pier and boat lift as well as two private sandy beaches. The views are incredible so this property is a must see.

The location of this house is great as well. Secluded and away from it all, but close enough for a commute or a trip to Uptown. A trip to Charlotte Douglas International Airport will take around 45 minutes and Uptown Charlotte takes around

5350 Blue Bird Lane is on the South Carolina side of the lake which comes with lower South Carolina Taxes. Current listing price is $685,900.

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.

Neighborhood Spotlight: Kings Grove

November 8, 2017 by lkw_df Leave a Comment

Kings Grove is a beautiful neighborhood filled with distinctive new homes with easy access to everything Charlotte has to offer. In addition to being able to take advantage of the lower South Carolina taxes, the neighborhood is in a renowned school district, making it perfect for a family home. King’sGrove is also just minutes away from Lake Wylie, which offers a range of fun activities from fishing, to swimming, to hiking. The neighborhood itself includes amenities like walking trails, sidewalks, a swimming pool, and cabanas.

Shopping, dining, and entertainment options are also located just minutes away from the Lake Wylie area. Some popular nearby attractions include the famous Carowinds Amusement Park as well as the McDowell Nature Preserve. This nature preserve has playgrounds, campgrounds, walking trails, and lake of its own.

Currently there are 5 homes on the market in King’s Grove which represents 6.7 months of inventory. This makes the neighborhood a balanced market compared to York County as a whole which has more of a seller’s market.

In the last year the average sales price and average price per square foot have both slightly increased. Homes in King’s Grove range from 2100-3900 square feet and are listed between $299,000 and $346,000. Most homes built have 3-4 bedrooms.

With so many fun amenities both within the neighborhood and nearby, King’s Grove could be perfect for your next family home!

Neighborhood Spotlight: Heron Cove

October 31, 2017 by lkw_df Leave a Comment

Heron Cove is a serene neighborhood located near Lake Wylie. The neighborhood offers large homesites in order to best preserve the beauty of the land around it. Residents of Heron Cove get to enjoy South Carolina’s lower taxes as well as the benefit of being in one of the best school districts in the state (Clover school district).

Heron Cove offers many amenities, the largest one being its Waterfront Park. This puts all the amenities of Lake Wylie at your fingertips, providing the perfect place for swimming or fishing. There are even storage racks for resident’s kayaks and canoes. In addition to water based activities, the Waterfront Park also provides the perfect setting for picnics and fire pits.

Throughout Heron Cove there are many winding walking trails, perfect for enjoying the natural environment of the area. There is also a children’s park to offer a safe place for kids to play.

Currently there are 3 homes on the market in Heron Cove which represents 2.6 months of inventory. This makes the neighborhood a seller’s market similar to that of York County as a whole.

In the past year, the average sales price of homes as well as the average price per square foot have both decreased. Homes are priced anywhere from $450,000 to $650,000 and land sites are priced from the $60s.

Heron Cove is a peaceful neighborhood that offers small town comforts while still being close to big city amenities. It is the perfect place for nature-lovers to check out for their next home!

Neighborhood Spotlight: Handsmill on Lake Wylie

July 23, 2017 by lkw_df Leave a Comment

Handsmill on Lake Wylie is a beautiful gated community that combines natural beauty with resort-style amenities. Homes are right on the lake offering exclusive access to all the activities Lake Wylie has to offer. These activities range from fishing to boating to hiking. The neighborhood even has two private marinas and boat ramp solely for residential use.

Hndsmill also offers many amenities within the neighborhood. For nature-lovers, there are many walking trails and green space to spend time in. But the centerpiece of the neighborhood is the luxurious Handsmill Club complete with a state of the art kitchen, two gathering areas, and a large outdoor patio perfect for entertaining. There are also amenities like a junior olympic swimming pool and fitness center only available to residents. For children, there is a separate playground. But while Handsmill offers seclusion and natural beauty, it also has the advantage of being within half an hour of all the activities Charlotte has to offer.

There are currently 3 homes on the market in Handsmill which represents 6 months of inventory. This means that right now there is a balanced market in the area, which is comparable York County as a whole, which also leans towards a balanced market.

In the last year the average price per square foot has slightly decreased while the average sales price of homes has stayed roughly the same.

With so many wonderful natural and community amenities, Handsmill at Lake Wylie is definitely worth checking out!

Charlotte’s River District is its biggest new development in decades

December 11, 2016 by lkw_df Leave a Comment

Just east of Belmont, between Charlotte Douglas International Airport and the Catawba River, lies Charlotte’s River District, the newest, massive, mixed-use master-planned development to hit Charlotte in decades. The potential for such a project, conveniently located right near the airport and only eight miles from Uptown Charlotte, is huge.

This new development aims to create a walkable, urban environment that showcases a variety of housing in a community that really connects with nature. Developers plan to take advantage of the unique topography, woodlands, streams and creeks that the area is home to. While developers plan to build housing, retail space, office space and more, the plan for development also calls for preserving approximately 500 acres of land and using that land for mountain biking, walking and hiking trails with a walkable community laid out around them.

Approximately 10,000 people will occupy the new homes here, which will range from very moderately priced homes all the way up to luxurious estate homes. With the hopes of having some of the trails open to the public possibly as early as the summer of 2017, as well as completing construction on the first stage of the residences in the next two years, final completion of the entire project, which is slated to be as big as Ballantyne occupying approximate 1,400 acres, is not expected for about 30 years. The project will be completed in stages, but given its size and scope, it will certainly take quite a bit of time.

Stay tuned for the ongoing development of the River District. And, for more details and information on the project, check out the article at WCNC.com.

Residential development booms in Fort Mill and Tega Cay

November 20, 2016 by lkw_df Leave a Comment

Fort Mill and Tega Cay are soon to be home to, well… more new homes. For starters, a 52-acre site on Fort Mill Parkway will soon be Fort Mill Reserve, which would potentially include up to 120 homes as well as 80,000 square feet of retail, office or municipal use. An acre of the space would also be donated to the town as green space or as a park. And, at least 20% of the residences in Fort Mill Parkway would be targeted toward seniors. Plus, next to Fort Mill Reserve is another new possible site for up to 75 new homes as well as a fire station.

The Cadence subdivision is under review in Tega Cay, where possible plans would allow for up to 125 new homes here. If everything moves forward, Cadence should be completed by 2020 as part of a big surge in development for Tega Cay, which also includes Catawba Park, the Game On sports megaplex, as well as many new residential neighborhoods. With more than a thousand housing units currently in the works in Tega Cay, there are almost just as many housing units in the proposal stage, as well.

Massey is also seeing some residential additions with 47 new homes on nearly 42 acres on the northern side of South Dobys Bridge Road.

For more details and information on the residential development that is booming in the Fort Mill and Tega Cay area, be sure to read the full article at Heraldonline.com.

Market report: Waterfront sales

October 2, 2016 by lkw_df Leave a Comment

Let’s take a look at the year-to-date numbers for waterfront properties in and around the Lake Wylie area.

With the first three quarters of the year under our belt, the housing market, and particularly waterfront sales, are looking good for Lake Wylie and the surrounding region.

Year-over-year numbers indicate that the average number of homes sold per month are up, with 105 homes sold so far in 2016 (approximately 12 homes sold per month) as compared with only 91 homes sold through the third quarter in 2015 (approximately 10 homes sold per month).

Furthermore, the average list price has increased from $548,000 in 2015 to $608,000 in 2016, the average sales price has increased from $525,000 in 2015 to $580,000 in 2016, and the average price per square foot has increased from $172 in 2015 to $190 in 2016.

Even though the current number of waterfront homes on the market, 130 to be exact, represents 10.8 months of inventory which would be considered a buyer’s market, the year-over-year numbers reveal positive trends for sellers. Plus, based on what is on the market now in Lake Wylie and the surrounding region, the average price per square foot is $221 and the average list price is $875,000, and both of these numbers are notably higher than last year’s numbers at this time.

In the first three quarters of 2015, homes spent an average of 124 days on the market, and in 2016 homes spent an average of 142 days on the market, indicating slightly less activity this year and a sign that buyers may have the upper hand now.

So, while, inventory points to favoring the buyers, other stats are looking favorable for sellers. It’s a win-win!