Neighborhood Spotlight: Harbor Club

It may be hard to find a reasonable priced home in Lake Wylie, but Harbor Club on the North Carolina side of the lake is just such an enclave. This well established lake neighborhood has walking distance to shopping, reasonable prices, and beautiful grounds.

Harbor Club is located off Pine Harbor Road close to the intersection with Shopton Road. This location means that Steele Creek is close by for shopping and entertainment. Rivergate is also close by for shopping and dining. Easy access to I-77 and I-485 connect residents with Uptown Charlotte, Charlotte Douglas International Airport, and all points around the city.

Homes in Harbor Club were built in the mid-1990’s to 2000 and typically have 3-5 bedrooms and 2-3.5 bathrooms. They range in size from 1,700 to just over 4,000 square feet of living space. Many of the homes have been fully updated in recent years. Many homes have outdoor living spaces with decks, hot tubs, water features, fire-pits, patios and more.

Many of the homes are two story and some have fully finished basements as well. Rooms are large and floor plans are open making entertaining a breeze. Many of the homes come with deeded boat slips, but the Marina & Yacht Club is close by and offers day slips for residents.

Children in Harbor Club currently attend Winget Park Elementary School, Southwest Middle School, and Olympic High School. Please be sure to verify school assignments with the school district as boundary lines can change from one school year to the next and boundaries sometimes run through neighborhoods.

In the past year, homes in Harbor Club sold for between $242,000 and $293,000 with an average sold price of $268,967. There is currently one home on the market in Harbor Club representing a 2 month supply of homes. These homes don’t come up very often as 6 homes sold in 2017 and so far this year only two homes have sold with one currently on the market.

Gorgeous Lake Living: 5350 Blue Bird Lane

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.

 

Neighborhood Spotlight: Lake Ridge at Pinsto Forest

Lake Ridge at Pinsto Forest is the premier location in Pinsto Forest. This grouping of 40 homes have waterfront and views of the main channel of Lake Wylie. These homes are in Belmont School District so have award winning schools. Some of the homes have private marina access to enjoy all the beauty of Lake Wylie from the water.

Located off South Point Road at Stowe Road, Lake Ridge at Pinsto Forest is tucked away from everything lending privacy and escape. Many options for shopping, dining, and entertainment are close by if you can tear yourself away from the Lake. A quick trip will take residents to Charlotte Douglas International Airport, Uptown Charlotte, Downtown Belmont and many more destinations.

Homes in Lake Ridge at Pinsto Forest are grand ranging from over 3,000 square feet to over 4,000 square feet of living space. These homes include luxury features such as libraries, sunrooms, decks, stonework patios, verandas, pools, and wine cellars.

In the past year, homes in Lake Ridge at Pinsto Forest sold for between $430,000 and $1,350,000. Homes have between 4 and 6 bedrooms and 3.5 and 4.5 bathrooms. Lots are range from just over half of an acre to 1.25 acres. These homes were built between 1996 and 1998 so many of them have been remodeled and updated since they were built. This only makes these amazing homes more desirable. Most of the homes have the master suite on the main floor. Gourmet kitchens and open floor plans are common in these homes as are home offices, fully finished basements and much more.

Children in Lake Ridge at Pinsto Forest currently attend Belmont Central Elementary School, Belmont Middle School, and South Point High School. Please verify school assignments as boundaries can change from one school year to the next.

Lake Wylie and and US Real Estate Market Report

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.

Copyright 2017 David McCorkle

Custom Catawba Crest Home: 120 Summerfield Court

Catawba Crest is one of the most beautiful neighborhoods in the sought after Lake Wylie area. And now, there is a beautiful custom-built home on the market situated on a private one and a half acre lot at 120 Summerfield Court. This four bedroom, three and a half bathroom home totals 3,115 square feet and features a desirable open floor plan while also offering plenty of privacy.

The chef’s kitchen features granite countertops, beautiful cabinetry with plenty of storage space, stainless steel appliances and more. The living room features a fireplace and built-in shelving and cabinetry, as well as stunning vaulted ceilings.

In addition to the four bedrooms, there is also a bonus room as well as a screened in porch. Custom built-ins can be found in rooms throughout the home, and the master bathroom features a generously sized soaking tub as well as a walk in shower.

The oversized lot allows for a simply fantastic yard and recreational space. Plus, the yard is fenced and there is an attached two car garage with electric garage door opener.

The home is located on the South Carolina side of Lake Wylie and thus, the homeowners here can take advantage of lower South Carolina taxes and all of the amenities and recereation that Lake Wylie has to offer.

Priced at $415,000, this home is sure to be somebody’s perfect fit. For more information and details on this property or others like it, be sure to visit LKWRealty.com.

Lake Wylie rezoning could mean more homes

A property totaling nearly 180 acres in Lake Wylie is up for rezoning, and if the county approves, 178 new homes would be built on this land located between Three Points and the Pole Branch intersection at 457 Highway 274 along Mill Creek.

The current zoning of the property does not allow for apartments and only permits one home unit per lot “not on less than an acre each and the total site can’t exceed a two acre per unit average.” The potential rezoning, which will not be confirmed until mid July at the earliest, would only alter the rules pertaining to lot size, and would not “limit how many homes can be built by acreage.”  The goal of the rezoning is to build up the neighborhood and to expand the growth there.

The new community of homes plans to showcase and amenity area that would be facing the lake. Plus, residents could take full advantage of all of the perks of living in Lake Wylie, with endless recreation and easy access to all the area’s conveniences, as well as a simple commute to the big city of Charlotte.

For more details and information on this possible rezoning that would lead to a large residential development, as well as what it would mean for one of the busiest intersections in the Lake Wylie area, be sure to read the full article at Heraldonline.com.

Popular restaurant opens new Lake Wylie location

The lake Wylie area just continues to grow and recently had yet another restaurant opening to add to its ever-growing list of dining options.

The much anticipated Sake Express Japanese steakhouse and Sushi just opened its fourth  location in Mill Creek Commons Center in Lake Wylie. This recent opening is the largest of the four locations that are currently open in Belmont, Mount Holly and Gastonia.

Totaling 4,900 square feet of cooking and dining pleasure, locals and visitors alike can take advantage of great Japanese food from 10 AM to 10:30 PM Monday through Saturday and from 11 AM to 9 PM on Sunday.  The menu features creative sushi rolls, bento boxes, Teppanyaki noodles, and so much more. The restaurant prides itself on great food and fantastic service, and it is a wonderful spot for families or a date night.

Mill Creek Commons is strategically located at the intersection of SC Highway 274 and SC Highway 557 and is a 75-acre master-planned retail development anchored by Lowes Home Improvement and Walmart. The shopping center also includes a “proposed 14.59-acre junior box retail development and 10 outparcels.” Five outparcels have already been sold or leased to Bank of America, Wachovia, Walgreens, Zaxby’s and McDonald’s. There are still five out parcels left for sale or lease.
For more details and information on this new dining option in Mill Creek Commons, check out the article at Gastongazette.com.

Lake Wylie Custom Home: 2 Old Stage Trail

Check out this beautiful home located in the incredibly sought after neighborhood of River Hills Plantation. This custom stunner was built by Simonini and features five bedrooms and four and a half bathrooms and is a total of 3,759 square feet. There are many beautiful updates throughout the home, with huge windows letting in plenty of natural light. There are hardwood floors throughout, stainless steel appliances in the kitchen, gorgeous finishes in every room of the house, and fantastic outdoor patio space to boot.

The master suite is situated on the main level as is a guest bedroom and full guest bathroom. Additionally, there is also a finished room over the two-car garage.

The home is conveniently located within walking distance to Southpoint Beach, and it is set in a community that features gated security, a golf course, tennis courts, a country club and a marina, allowing residents here to truly enjoy resort-style living at its best.

Situated on the South Carolina side of the Lake Wylie area, residents here can take advantage of lower South Carolina taxes and all of the conveniences and amenities that Lake Wylie has to offer, as well as an easy drive to the bustling metropolis of Center City Charlotte.

This stunning home is priced at $499,000 and is sure to be somebody’s dream home. For more details on this property and others like it, be sure to visit LKWRealty.com.

New high school opening in Fort Mill

Fort Mill’s growing community and thriving Saint Anne Catholic School mean big changes for the local school.
A new high school will be opening in Fort Mill this fall, as Saint Anne High School will be moving from its Rock Hill campus to Saint Philip Neri Catholic Church in Fort Mill.  Only the high school will be held at the Fort Mill church, while pre-K through middle school classes will still be held at Saint Anne Catholic School in Rock Hill.

In 2012, Saint Anne was accredited, and in 2014, it expanded to include pre-kindergarten all the way through grade 12. The high school originally began with only six students and is now up to 50. They have been looking for more space for over a year and have finally found it at the Saint Philip Neri Catholic Church. The school as a whole is up to approximately 350 total students.

The school’s move fills a practical need, as it clearly needed more space, and it is also representative of the growing Fort Mill population and community. Feedback from the community has been extremely positive and parents of the Saint Anne students have supported the move. Saint Anne has students from Charlotte, Chester, Fort Mill, Indian Land, Lake Wylie and York, as well as Rock Hill.

For more details and information on this new school’s move and expansion and what it means for the Fort Mill community, be sure to read the full article at Heraldonline.com.

Market Update: March

Home prices in the entire Carolina MLS area just continue to rise, with housing inventory in the Charlotte region at a low, and a growing demand for property in this super hot real estate market. Home sales increased 11.5% in March 2017 as compared with the same month of 2016. This increase is a whopping 54% jump compared to February 2017. Plus, the average list price was up 9.4% in March as compared with the same month in 2016.
Inventory in Lake Wylie was also down 28.6% in year over year numbers for March, however there was a 9.1% drop in the average sales price of homes. New listings, though, were up 35.8% in March 2017 versus March 2016.
In Fort Mill, inventory is also down, but the average sales price is up 14.5% in year over year numbers, and new listings are surprisingly down 3.5%.

With the low months supply of inventory and few new homes being listed on the market, a rise in sales price is fairly predictable. Across the nation, there has been a steady and constant increase in home sale prices. They are rising the quickest they have in approximately three years, and Charlotte as a whole still has these nationwide numbers beat.

Mortgage rates are also higher now than compared with those of a year ago, and this, coupled with higher home prices, may eventually temper the heightened demand for housing in Charlotte. Currently, homes seem to sell almost as soon as they are listed, so buyers will want to act quickly when they find a home they are interested in.

Charlotte definitely has a seller’s market on its hands, with low inventory, rising home prices, and a surge in home sales. For more details and info on what this means for home buyers and sellers alike, be sure to take a look at the full article at CharlotteObserver.com.