Neighborhood Spotlight: Mill Creek Falls

If the last bit of summer has you thinking you’d like to live closer to the Lake, Mill Creek Falls could be the place for you. This master-planned community has great amenities, award winning schools, lower South Carolina taxes, and is still close enough to the city for commuting.

Mill Creek Falls was named after Mill Creek, a nearby tributary to Lake Wylie. The neighborhood was initially built between 2005 and 2006, and was completed over the next ten years. There is an active homeowners association which organizes events and activities throughout the year. These range from an annual chili cook-off to an Easter egg hunt. Many of the events are held at the Junior Olympic sized pool, and many at the Clubhouse. In addition, amenities include a children’s pool, tennis courts, gazebo, picnic area with barbecue grill, walking trails, and a six-acre lake for the community to enjoy.

Located off of Highway 274, Mill Creek Falls is just south of the North Carolina state line. This great spot means that you are close to the Lake and public lake access, as well as outlet malls, restaurants, grocery stores, entertainment, and the town of Clover.

Homes in Mill Creek Falls are single-family and semi-custom homes ranging between 2,000 and 4,000 square feet. Most of the homes have 3 to 5 bedrooms and 2.5-4 bathrooms. Average list price of homes is just under $300,000, though there is a pretty wide range depending on features and size of the home.

Currently there are 10 homes for sale in Mill Creek Falls which represents a 4 month supply of inventory. The entire Lake Wylie region now has a 6.1 month supply of inventory. This community has a very stable market with an average of 2.5 homes selling each month. To schedule a private tour of available homes in Mill Creek Falls, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Tega Cay Named Best City to Live in SC

Residents of Tega Cay already know, but recently a financial news and opinion company called 24/7 Wall St. chose Tega Cay as the best city to call home in South Carolina. 24/7 Wall St. is a widely published company based in Delaware.

Some of the methodology to determine the winning city included affordability, safe streets, a strong economy and a variety of options for entertainment. They also used data from the U.S. Census Bureau and the FBI to rank cities, towns, villages, and boroughs with at least 8,000 residents. Overall, 26 different factors were weighed in four categories: quality of life, affordability, economy and community.

Tega Cay ranked the highest in part because of population size (9,026), median home value ($301,200) and % of residents that live in poverty (less than 1%).  Median household income of $120,346, access to water for swimming, boating, and fishing also help Tega Cay top the list. Proximity to Charlotte helped push Tega Cay up to the top as well with access to high paying jobs.

Access to bars and restaurants make Tega Cay stand out. Education level of the population, access to libraries, museums, and movie theaters were factored in as well. Travel time to work, violent crime rate, property crime rate, unemployment, transit methods, and employment growth were used to rank cities as well.

When all was said and done, Tega Cay topped the list. Locals may not be terribly happy that this list is out because it could cause many more people to know about this amazing spot. If you would like to jump on a chance to own a home in Tega Cay, schedule a personal tour of homes with us by calling 803-831-8588. If you would like to view current listings and create custom searches, click here.

To read more about the ranking, click the link to the article in the Herald here.

Featured Listing: 1300 Saddle Drive

If you are looking for a home that is a true escape from the hustle and bustle of the city, but you still need to be close to town, this home is for you! The five acre homesite is private and features a hardwood canopy which lends privacy and tranquility.

Located just off highway 49 in York, 1300 Saddle Drive is conveniently close to shopping, dining, schools, churches, and much more. A trip to Uptown Charlotte is just over 30 miles away and a trip to Charlotte Douglas International Airport is just under 30 miles.

As you approach the home from highway 49, you wind up your private driveway to your own personal oasis. The hardwood canopy screens your private pool from view of neighbors. Enjoy chilly nights gathered with friends and family at the firepit. There is plenty of room for yard games, gardens, playscapes and much more.

For the collector or hobbyist, there is a 28×40 workshop with three garage doors, one of which overlooks the pool. There is also a sunroom at the rear of the home that overlooks the pool.

Inside this home you will find three bedrooms and two and a half bathrooms in 2,317 square feet. The home has been tastefully updated since it was built in 1994. The updates include a true owners suite with updated bath and walk-in-closet with customized shelving.

This home is part of the Shiloh Farms neighborhood where just 5 homes sold in the last year. There are currently five listings in Shiloh Farms, which represents a full year supply. Current list price on 1300 Saddle Drive is $419,900.

If you are interested in scheduling a private tour of this home or any other listing in Shiloh Farms, call us at 803-831-8588. To view current listings and create custom searches, click here.

Explore Harpers Mill

If you are interested in a townhome in the Lake Wylie area, Harpers Mill is a great place to explore. There are great amenities, lake proximity, nearby options for shopping, dining, and entertainment. All of this within commuting distance to Uptown Charlotte, yet with lower South Carolina taxes and extraordinary Clover schools. No wonder these homes don’t stay on the market long.

Located right off Highway 49, Harpers Mill is just a few minutes away from the Buster Boyd Bridge. This great location is just down the road from public boat ramps for access to the Lake. Residents can walk to shopping and dining options and are also close to River Hills Country Club.

From Harpers Mill, a trip to Uptown Charlotte is just over 20 miles. A trip to Charlotte Douglas International Airport is just over 17 miles. Fort Mill, SC is just over 12 miles, and McDowell Nature Preserve is just across the bridge.

Homes in Harpers Mill come in groupings of four and six homes. End units typically command a premium as they only have one shared wall. Homes have 2-3 bedrooms and 2-2.5 bathrooms and around 1100 to 2000 square feet of living space.

In the past year, 17 homes sold in Harpers Mill with prices ranging from $135,000 to $215,000. This affordable price point is perfect for a starter home or for downsizing from a larger home. There are currently 6 homes for sale in Harpers Mill ranging in price from $147,000 to $219,900.

If you are interested in touring homes in Harpers Mill, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Sunset Ridge

Rarely does a home in Sunset Ridge come on the market. These homes are truly remarkable and they don’t stay on the market long. They are located right along Lake Wylie Road near Highway 49 in close proximity to shopping, dining, and entertainment. Public boat ramps are just a few miles away. Children attend highly rated Clover Schools and parents pay lower South Carolina taxes.

Homes in Sunset Ridge are custom made and sit on large lots, some approaching two acres. This gives plenty of space for outdoor living including outdoor kitchens, sports courts, pools, firepits, lawn games and much more. Homes are grand in scale with most well over 3,000 square feet of living area. This means plenty of storage, great custom features, and flex spaces sure to please any family.

These homes are right around the corner from the new construction community called The Retreat at Sunset Ridge which is in close-out mode. There is currently only one new construction home left on the market.

In the last year, just two homes sold in Sunset Ridge. They had between 3 and 4 bedrooms and each had 3.5 bathrooms. Both had well over 3,000 square feet of living space and three car garages. One home sold for full list price at $565,000, the other home sold for 99% of the list price of $495,000.

If you are interested in learning more about Sunset Ridge or any other Lake Wylie community, give us a call at 803-831-8588. You can view all current listings and create custom searches on our website here.

Take a Closer Look: Masons Crossing

Right on the waterfront of Lake Wylie you will find a wonderful community of Masons Crossing. This spot is great as highway access is just 15 miles away. This means that you get a waterfront retreat within commuting distance to Uptown Charlotte. There are also great options nearby for shopping, dining, and entertainment. Also convenient are Carowinds, Fort Mill, Rock Hill, and Charlotte Douglas International Airport.

Homes in Masons Crossing are grand in scale and have estate sized lots. These custom homes are stunning and have amazing features making each home unique. Waterfront lots command a premium, but are worth every penny with amazing year round views in addition to boat houses, floating docks, stunning decks and porches to capture the lake lifestyle.

Masons Crossing is currently zoned for award winning and desirable Clover schools. Residents get all of this and lower South Carolina taxes. In the past year, homes in Masons Crossing sold for between $442,000 and $1,275,000. Homes typically have between 2,500 and 7,300 square feet of living space.

With five homes currently on the market, Masons Crossing currently has a 15 month supply of homes. This is compared to the 6.4 month supply for the whole of Lake Wylie and the 4.8 month supply in York County. This means that Masons Crossing is in a buyers market at the moment.

To view additional information about Masons Crossing, click here. To schedule a private tour of homes in Masons Crossing, call us at 803-831-8588. To view all current listings and create custom searches, visit our website here.

Featured Listing: 13525 Grand Palisades Parkway

Rarely does a unique opportunity come up in The Palisades. This one of a kind custom home by Kingswood Homes is in an exclusive gated enclave containing just 7 homes. The location is perfect and is walking distance to amenities. Neighborhood amenities include a clubhouse, golf course, equestrian facilities, pool, fitness center, tennis courts, recreation area, walking trails, and playground.

This home is truly custom and built by one of the finest builders in Charlotte. To see more of their projects and to check out their reputation, visit them at kingswoodhomes.com. This home is consistent with their attention to detail and unrivaled quality.

Coming through the gates, you will first see the paver driveway and side entry garage. The flagstone front porch will lead you into the home where you will be enchanted by the gleaming hardwood floors and high ceilings. The home is open from back to front and the high ceilings are accented by a detailed coffered ceiling in the living room. You’ll love the chef’s kitchen with large island and custom cabinetry. Entertaining is a breeze in the huge outdoor living area complete with fireplace and built-in grill. This home shows like new.

Throughout the 4,297 square feet of this home, there is a space for every member of your family. There are 4 bedrooms and 4.5 bathrooms with the bonus room counting as one of the bedrooms. Each room has ample storage and abundant natural light.

To schedule a private tour of this amazing home, call us at 803-831-8588. To see the full listing for this property, click here. To view additional listings and create custom searches, click here.

Lake Wylie Confirmed Attractive for Retirees

Niche, a Pittsburgh-based research and review site, just released their rankings for the top spots in the Charlotte area for retirees and those soon to reach retirement. Lake Wylie and surrounding communities rank high on the list and it’s not hard to see why. The Lake lifestyle and abundance of great homes are attractive all on their own, but Niche also measured many other factors to come up with a score for each area. Some of those included share of residents 65 or older, proximity to amenities such as restaurants, golf courses, exercise facilities, and health care. The categories were weighted with percentage of residents 65 years or older getting the most at 15%.

Belmont came in at #18 in the Charlotte area and nationally in at number 3,984. The area gets an A grade for Public Schools, Housing, Good for Families, and Jobs. B grades were earned for Cost of Living, Outdoor Activities, Crime and Safety, Nightlife, Weather, Health and Fitness, and Commute.

Lake Wylie as a whole came in at #12 in the Charlotte area and nationally in at number 2,977. Lake Wylie gets A grades for Public Schools, Housing, Good for Families and Jobs. B grades were given out for Cost of Living, Outdoor Activities, Crime and Safety, Nightlife, Diversity, Weather, and Health and Fitness. The only C given here was for Commute.

Tega Cay came in at #4 in the entire Charlotte area and 1,411 nationally. This great area received A grades for Public Schools, Housing, Good for Families, and Jobs. B grades were awarded for Cost of Living, Outdoor Activities, Crime and Safety, Nightlife, Diversity, Weather, and Health and Fitness. They did however receive a C for commute.

If you are interested in purchasing a home on or near Lake Wylie, give us a call at 803-831-8588. You can view current listings and create custom searches on our website here.

To read more about the Niche rankings, see the full story in the Charlotte Business Journal.

April Market Report

Analysts are optimistic about a slow-down in the rapid pace of home price increases in the Charlotte area. There also appears to be a halt to the decline in the number of homes sold, bucking an 11-month trend. It remains to be seen if the halt is temporary, or the beginning of a longer trend. Homebuyers could use a break as they have not had equal footing in real estate transactions with sellers for a long time with the persisting low inventory and rising prices.

When you look at just Lake Wylie, you see that homes are selling quicker than at this time last year. In fact, cumulative days on market before sale went from 96 days down to 69 days, down 28.1%. Days from listing to closing also reduced from 128 to 103, a reduction of 19.5%.

Inventory is down slightly in the area, from 3.9 to 3.8 months of supply, but not nearly as low as the entire Charlotte area at 2.2 months. New listings are up slightly year over year from 176 to 178, a rise of 1.1%. Closed sales are up 7.1% from 113 to 121. But the big story in Lake Wylie is that pending sales were up a whopping 30.4% from 115 to 150! This is great news for the next few months as we should see strong sales numbers when these pending sales head to the closing table.

Prices in Lake Wylie are headed down per the report, but remember due to small sample size, a few large transactions, or lack of them, can skew numbers so we need to wait and see if this is part of a larger trend. Average sales price was down 5.3% from $395,080 to $374,062. Median sales price was also lower by 8.4%, from $360,426 down to $330,000.

If you are looking to buy or sell a home in the Lake Wylie area, give us a call at 803-831-8588. You can view current listings and create custom searches on our website here.

 

Just Listed: 5929 Johnson Road

Newly listed is a true lakefront custom home that leaves no detail to chance. Careful thought, meticulous planning, and exquisite execution brought this amazing home together. Now it can be yours with only enjoyment ahead.

This home is located on a cove off the main channel of Lake Wylie with a Clover address that feeds to award winning and desirable Clover schools. The home is located within a community, but is not a part of the HOA. The lot is very private and is a dockable waterfront homesite. The home sits on an acre of property giving privacy, but also room for outdoor entertainment and living spaces.

This home is unique as it has a fully finished basement, as well as a carriage house with a suite perfect for a caregiver or the in-laws complete with full kitchen. Also included are a en-suite laundry, fitness room, and home office. You’ll be amazed at the custom built-ins, the chef’s kitchen, and the details like chair rail and wood inset trey ceiling.

You’ll love to relax on the deck or have morning coffee on the screened-in porch. The view of the lake is phenomenal. You can tool around the neighborhood on a golf cart and park it in its own private garage. You’ll also love the abundance of natural light that plays on the vaulted ceiling in the main living area.

To schedule a private tour of this home, give us a call at 803-831-8588. You can view the full listing and see additional photos here. To view additional listings and create custom searches, visit our website here.