lake wylie real estate

Fort Mill has a new huge development project on the horizon

June 6, 2016 by lkw_df Leave a Comment

Fort Mill is undergoing quite a bit of development as 2,900 more homes and apartments are planned along Spratt Street and Fort Mill Parkway. John Spratt, who owns more than 700 acres at the site, presented a plan with partners on Wednesday night to the Fort Mill Town Council to add residential, commercial and recreational space in a new mixed use development there.

The hope is that such land development will be part of the solution to continue to develop and improve Fort Mill, and it will contribute to securing its future. The plan would take over approximately 688 acres along the bypass. The land there would be rezoned from light industrial to mixed use in the town. Another 23 acres currently zoned for residential use would be rezoned to mixed use. Then a development agreement would allow for up to 1,700 single-family homes, up to 1,200 “other residential” units, between 250,000 and 500,000 square feet of commercial space, more than 60 acres of park and recreation space, more than 60 acres of open space and approximately three acres to expand the nearby wastewater treatment plant.

The plan would not happen overnight, as a 20-year buildout is anticipated with the hopes of selling the land to a developer in early 2017. This huge and record-breaking development project could potentially bring about 900 more new residences than is currently provided by the Massey and Waterside subdivisions combined.

As a means for controlling traffic and a need for more schools with so many new residences, the planning commission is recommending to require at least 15% of the residences be age restricted to seniors.

Town Council will have the final say on the annexation of the land, the rezoning and development agreement at a public hearing expected to take place on June 13.

Previously proposed large residential projects met with opposition because rezoning without annexation would impact the town without providing tax revenue. This proposal, however, is different, as the largest part of the project is zoned light industrial, therefore not allowing for residential use. However, there is still some proposed zoning for residential development, which many are happy to see. Residents in particular are looking forward to more athletic field space as well as the opportunity for property owners to develop land how they see fit.

The plan still needs a little bit of tweaking, as well as approvals from Town Council and the public hearing. But all in all, it is looking good for Fort Mill.

For more details on the project, read the full article at heraldonline.com.

Neighborhood Spotlight: Chapel Cove

June 5, 2016 by lkw_df Leave a Comment

The New York Times ran a story today stating that houses keep getting bigger even as families get smaller. New construction homes have more square footage, more bedrooms, and more bathrooms than they did in 1980. However, the average size of a household has shrunk to 2.58 people.

Chapel Cove in Lake Wylie is a fantastic master planned new construction community where you can get a larger home you desire with all of the features you want.

Homes in Chapel Cove start in the $200’s and range all the way up to the $800’s or more with custom features. Arranged by developer Crescent Communities, Builders include Pulte Homes, CalAtlantic Homes (formerly Standard Pacific Homes) and taylor morrison.

Homes range in size from 2509 square feet to over 4000 square feet. Features of the home depend on the builder but can include gourmet kitchens, outdoor living spaces, luxury bathrooms, private lake access and more.

Amenities include a multi-use club room with kitchen for community events, cardio and strength fitness room with after-hours access, swimming pool with children’s splash area and adult gathering area, tennis, basketball and pickleball courts, multiple gathering and lounge areas around the pool deck, hard and soft surface trails around the amenity center, canoe and kayak launch and an activity lawn.

Located close to Steele Creek just off Shopton Road West, Chapel Cove has Lake Wylie to the North and west. Thomas McAlister Winget Park is to the east with a playground, soccer fields, basketball courts and a disc golf course. A short drive to the South is the 1100+ acre McDowell Nature Preserve with a Nature Center, campground, hiking trails, play areas, fishing and boating access.

Chapel Cove has convenient access to a myriad of outside attractions. Multiple routes give you easy access to I-485, which means that uptown Charlotte, the U.S. National Whitewater Center, Carolina Place Mall, Ballantyne, and The Charlotte Douglas International Airport, to name a few, are just minutes away.

Chapel Cove pool with children's splash area — Chapel Cove pool with children’s splash area

Currently there are 33 homes on the market in Chapel Cove with 8 under contract. They are listed in price ranging from $296,990 to $$825,000. In the last year homes have sold for between $369,850 to $599,900.

Read the full New York Times story here.

Town Spotlight: Clover

May 13, 2016 by lkw_df Leave a Comment

The Clover area of Lake Wylie is a special one, lying just south of the Carolina border with all of the beauty that Lake Wylie has to offer, as well as countless local conveniences and a great location. Located in the Northwestern part of York County, legend holds that the town got its start in the late 1800s when a small cluster of homes was built round a 5,000 gallon water tank. Large clover patches grew where excess water spilled, and thus, the name “Clover” stuck. Clover offers great schools, lower taxes and tons of waterfront properties.

Clover and the surrounding area offer a small town feeling, however it allows for easy access to big city perks with its close proximity to Charlotte and Gastonia, North Carolina, as well as Rock Hill, South Carolina. These rapidly growing urban areas offer exceptional dining, great shopping and endless entertainment, as well as a diverse job market.

The housing market in Clover is balanced, with 5.2 months of inventory currently available, indicating neither a buyer’s nor seller’s market. There are also plenty of waterfront properties consistently available in and around Clover. Over the last five years, there has never been less than 23 active listings for waterfront property in any given month, and as many as 49 listings have been available at once.

While the majority of waterfront listings in Clover in 2015, both closed and new, had sales prices of $500,000 or greater, there were still many listings at lower price points. However, the first half of 2016 has yet to see a listing for less than $400,000, possibly indicating an appreciation in the market value of homes here.

Take a look at all of the waterfront properties that are currently available in the Clover area, and find your dream home!

Find tranquil, waterfront living in Handsmill

March 23, 2016 by lkw_df Leave a Comment

If there is magic on this planet, it is contained in water. ~Loren Eiseley

Water and nature are the driving forces behind Handsmill on Lake Wylie.

No matter how hectic your day or the amount of traffic in your commute, coming home should be the most calming part of your day. Add to it living lakeside in beautiful Handsmill, and your day just got a lot better!

meetingarea — An outdoor meeting area in a rustic lodge setting.

Handsmill is located on Hands Mill Highway and Highway 49. The community is 15 miles from I-485 and easily accessible to medical facilities, great shopping, dining and Charlotte Douglas airport, which is about 30 minutes away. Nearby recreation destinations include the U.S. National Whitewater Center, Daniel Stow Botanical Garden, McDowell Nature Preserve and historic downtown Belmont.

The nearly 400-acre master-planned community is located in York County on Lake Wylie’s western shore. When completed, it will have approximately 500 homes, as well as plenty of green space and walking trails.

Amenities, some of which are not yet completed, will include two marinas with 60 boat slips, boat launch ramp and boat storage area; common areas and parks; junior Olympic pool; fitness center; gathering rooms with fireplaces; catering kitchen; outdoor fireplace; and children’s playground.

The community is being built in 7 phases and has separate sub-neighborhoods – The Manors, The Abbey and The Pinnacle – that include single-family homes and duplex homees built by Handsmill’s approved team of builders.

Nearest the gated entrance, the Pinnacle at Handsmill is being built by Lennar Homes. It offers single-family homes on smaller, interior lots.

The Abbey is all about lakeside living! The custom homes and wooded home sites are nearest the water. Many of the home sites have dockable waterfront lots. There is a list of lots currently available in The Abbey. They range in size from just under 0.4 of an acre to almost 1 acre. Some are interior, but there are some dockable waterfront lots available.

Homes in Handsmill are priced from the $440,000s and waterfront lots start in the $300,000s. Homes currently listed for sale range from $478,350 for a nearly 4,200-square-foot, 5-bedroom home to $564,900 for a 5,800-square-foot, 6-bedroom home. None listed is waterfront.

There are 7 new construction homes listed in MLS for sale. Only 1 is under contract as of March 23. There are also homes listed on the Handsmill site that are available and not listed in MLS.

A list of neighborhood architectural guidelines are available on the neighborhood’s web site. According to the information provided on the Handsmill site, homes range in size from mid-2,000s to nearly 6,000 square feet. No information was provided regarding future phases in the neighborhood.

Handsmill is zoned for the Clover, S.C., school system, including Bethel Elementary, Oakridge Middle School and Clover High School.

Market spotlight: Masons Crossing on Lake Wylie

March 20, 2016 by lkw_df Leave a Comment

Masons Crossing is a waterfront community located in Lake Wylie, South Carolina. Homes range in size from 2500-5000 square feet with 3 bedrooms and 3 bathrooms to 5 bedrooms and 7 bathrooms.

In Masons Crossing, you don’t have to sacrifice proximity to get waterfront living. Both I-77 and I-485 are only about 15 miles away, and the subdivision also is convenient to Carowinds, Fort Mill/Rock Hill, and Charlotte-Douglas International Airport. Masons Crossing is currently zoned for Crowders Creek Elementary School, Oakridge Middle School, and Clover High School.

Over the past year, homes sold in Masons Crossing for an average of about $600,00 and $150/square foot.

Today, there are 3 homes on the market in Masons Crossing which means there is about 6 months supply in the subdivision. This puts it in line with the area as a whole and means the market in the area is balanced – neither a strong buyer’s market nor a strong seller’s market.

While most of the region is a seller’s market right now, Masons Crossing & Lake Wylie is a great place to look for a waterfront retreat, away from the hustle & bustle of Charlotte but close enough to commute.

The Sanctuary lives up to its name

March 17, 2016 by lkw_df Leave a Comment

Grand estate homes on large lots in a heavily wooded setting is the trademark of Lake Wylie’s The Sanctuary, an exclusive community with just 187 home sites planned on its more than 1,350 acres.

The idyllic Charlotte setting offers both waterfront and interior acreage, with lots ranging from 2 acres to 13 acres. In addition to main homes, the larger lot sizes allow for building additional structures like guest homes and studios.

Amenities include The Camp & John James Audubon Lodge, a 17-acre waterfront area with swimming pools, tennis courts, fitness center and a boating center. The Sanctuary employs a full-time staff to bring neighborhood residents together in social and recreational activities.

The neighborhood is adjacent to Thomas McAlister Winget Park and the North Carolina State Wildlife Landing. It is approximately 5 miles to I-485 at Steele Creek Road. Charlotte-Douglas airport is about 20 minutes away, and a commute to Uptown will take approximately 35 minutes. For everyday shopping, the Steele Creek area is the most convenient from the neighborhood.

There are 15 approved builders for creating custom homes in The Sanctuary. Twenty percent of the land space will remain undeveloped and allows for nearly 20 miles of walking trails, 300 acres of open common space and 7 miles of shoreline on the property.

Currently, there are 9 properties listed for sale in The Sanctuary, one of which is under contract. Seven of the properties are resale homes, and two are pre-construction home plans that can be purchased as land only.

Only six homes sold in The Sanctuary during the last 12 months. Five of the homes were resale and 1 was a new construction home. None was waterfront property.

The average sales price of those 6 homes sold was $811,125 and $168.20 per square foot. The sales averaged 96.6% of list price.

Additionally, there is a unique opportunity to own a waterfront home inside The Sanctuary property that is not governed by Sanctuary deed restrictions.

Built in 1953, the 1,000-square-foot home is in a prime location that includes a boat lift and dock. It is listed at $450,000 and could be occupied as is or torn down and rebuilt. The lot is nearly 1.2 acres. It is a fantastic chance to live within the beauty of The Sanctuary without the steep price or restrictions.

The family-friendly neighborhood is zoned for Charlotte’s Winget Park Elementary School, Southwest Middle School and Olympic High School.

Hawthorne: Beautiful homes in historic Belmont

March 6, 2016 by lkw_df Leave a Comment

hawthornepark — Lovely Hawthorne Park is the unofficial town center of Belmont’s Hawthorne neighborhood.

Just a quick walk from historic downtown Belmont is Hawthorne, which bills itself as Gaston County’s first traditional home development.

The land, located between South Main Street and Keener Boulevard, is the original location of the mill homes for employees who worked at Pharr Yarns’ Imperial Mill.

In 1999, the owners of Pharr Yarns began developing Hawthorne with the idea of keeping the close-knit community feeling of the old mill village. With their builder, they created a neighborhood of 26 luxury town homes and 72 single-family homes. The project was completed in 2007.

All the residences include private courtyards, rear-facing garages with access from alleyways, brick construction and porches. Hawthorne Park with its walkings trails also serves as the centerpiece of the community.

Welcome to 100 Cliveden Court — This gorgeous brick home sold in 2015.

Single-family homes originally sold for $250,000 to $600,000. Townhomes ranged from $245,000 to $350,000.

Currently, there are 2 single-family homes listed for sale in Hawthorne. Both homes were built in 2006 and are similar in size at about 2,400 square feet.

In the last 12 months, 7 single-family homes have sold in the Hawthorne neighborhood or an average of 0.6 homes per month. Current inventory for the neighborhood is 3.4 months.
The average for all of Belmont is 4.3 months. Gaston County is at 5.5 months inventory.

The average sales price of a Hawthorne home is $417,200 and nearly $135 per square foot.

Hawthorne is just 20 minutes from the Charlotte Douglas airport and a little more than 30 minutes from downtown Charlotte. Just north on Keener Boulevard is Wilkinson Boulevard and I-85. Both provide convenient access to the city.

Just a quick walk outside Hawthorne is the quaint downtown Belmont area. It is home to local boutiques and restaurants as well as several parks within walking distance. The U.S. National Whitewater Center is just 9 miles to the northeast. Belmont is home to Belmont Abbey College and the Daniel Stowe Botanical Garden, among other wonderful recreational options and destinations.

The neighborhood is zoned for Belmont Central Elementary School, Belmont Middle School and South Point (N.C.) High School.

Spotlight: Peninsula on Bayshore

February 21, 2016 by lkw_df Leave a Comment

Bayshore Model Park F — LiveWell’s full-brick model home in The Peninsula on Bayshore

If you are looking for lakeside new construction in Belmont then look no further than The Peninsula on Bayshore. There are floor plans and price points to suit most families.

The neighborhood is located off South New Hope Road just north and across from Daniel Stowe Botanical Garden.

When you are ready to move into your new lakeside home, you will find the location is convenient to many nearby amenities. Downtown Belmont is convenient across the Armstrong Road bridge, and from there the Charlotte metro area is just about 25 minutes away.

If you happen to live and work in Belmont or the area then the beautiful, historic downtown area has plenty of local shops and businesses to keep you busy.

In the summer, the lake will be calling and you will be steps away from its shores. Based on the information from builder LiveWell Homes, there are water view lots but no waterfront lots. There are established homes not part of The Peninsula neighborhood that occupy the shoreline lots.

LiveWell did not provide information regarding community boat storage plans or water access/docks. Should there be no neighborhood access, the nearest public boat ramp is just down the road across the Armstrong Road bridge at the Allen Fishing access area.

Only new homes and lots are currently available in The Peninsula on Bayshore.

There are 14 home styles to choose from and customize on one-acre partially wooded lots. The builder offers 4 levels of homes – Cafe, Classic, Cottage and Estate series. Sizes range from 2,288 square feet to more than 3,700 square feet. Prices start in the $290,000s and go up to the high $300,000s.

One completed home sale has closed in the last 12 months. According to LiveWell’s web site, there are 13 other lots also sold as of Feb. 21.

The neighborhood is zoned for New Hope Elementary, Cramerton Middle and South Point High School.

LiveWell is one of the builders in Lake Wylie’s Palm Tree Cove II and The Retreat at Sunset Ridge. This is the company’s first community in Belmont.