lake wylie

Main Channel Views: 212 Twin Coves Lane

December 11, 2016 by lkw_df Leave a Comment

If you are in search of a lovely waterfront property on Lake Wylie, you won’t want to miss this charming home on Twin Coves Lane. The property is off the beaten path, giving it a sense of privacy and seclusion, while still being extremely close to every business and restaurant that bustling Lake Wiley has to offer. Plus, with big main channel viwes and a move-in ready home, you can’t go wrong.

This home features three bedrooms, one and a half bathrooms occupying 1,300 square feet on a lot that totals almost one and a half acres. The home features brand new carpet and a two-car carport, as well as a boat house, deck and floating dock for your boating needs. Furthermore, the huge tree-lined property and fenced yard is great for playing or entertaining with friends or family. And, the property includes and old caboose!

This lakefront home offers a fantastic opportunity to reside in the ever desirable town of Lake Wylie, with its picturesque landscapes, avid boating community, thriving local economy, and easy access to Charlotte’s big-city amenities. Moreover, the lucky owners of this Lake Wylie home can take advantage of South Carolina’s low taxes.

Take a look at this fantastic property today, because at $335,000, you will not want to miss this opportunity to live on the water in one of the best locations. Call 803-831-8588, or visit our website at LKWRealty.com.

Shop local for the holidays at this new Lake Wylie retail spot

December 4, 2016 by lkw_df Leave a Comment

The much-anticipated retail season is in full swing with December underway and the holidays right around the corner.

Holiday shopping just got even more fun and inspiring in Lake Wylie, with the opening of the Shoppes @ Five Points, located at 440 Five Points Court. The destination features 16 vendors, each of which sell handmade and wholesale products. You can find artisan jewelry, soaps, decor, crafts and so much more.

The Shoppes @ Five Points occupies a two-story, 2,500 square-foot house, aimed at bringing local artisans and craftsmen in the community together. New vendors will continue to be welcomed to The Shoppes, and there are plans to host a yard sale every Saturday encouraging the community to participate.

Vendors throughout York County as well as throughout the greater Charlotte region have expressed interest in having an area to rent space as a means of promoting and selling their products, and this common desire among artisans throughout the community is the foundation for the Shoppes @ Five Points.

This creative kind of shopping and retail experience brings something new not only to Lake Wylie, but to the entire surrounding Charlotte area. Residents easily can shop local and support their community. What could be better during the most active retail season of the year? For more details and information on the Shoppes @ Five Points, as well as on the The Shoppe’s founder, be sure to read the full article at heraldonline.com.

Belmont’s new waterfront community debuts new 50-cottage village

December 4, 2016 by lkw_df Leave a Comment

McLean is a new beautifully master-planned waterfront community on Lake Wylie in the town of Belmont occupying 670 acres along five miles of stunning shoreline in an extraordinary location, right next to the Daniel Stowe Botanical Garden and the Carolina Thread Trail. Furthermore, it is conveniently located near downtown Belmont’s charming shopping and dining scene. This remarkable new community will allow residents easy access to all of the activities that Lake Wylie has to offer, including boating and fishing, as well as the opportunity to take advantage of the location’s pure lakefront beauty.

The newest development within this community is with The Conservancy, a small village subdivision that will feature 50 cottage-style ranch houses built by M/I Homes. M/I Homes will offer six different home designs, and pre-sales have already begun. The home designs for The Conservancy offer numerous optional features and add-ons, such as a bonus room, an upstairs living room, or outdoor living areas. With the purchase of every M/I home, homeowners can take advantage of the included lawn maintenance, Energy Star certification, and a 15-year transferable structural warranty. Plus, The Conservancy has its own pool, clubhouse and bocce ball court for residents to enjoy, and these amenities are scheduled to open in 2017.

M/I Homes is one of the country’s premier builders of high-quality single-family homes focused on “uncompromising quality, innovative design and enduring value in the best, most desirable locations possible.” For more details on the company or for more information on the community of McLean, be sure to read the full article at PRnewswire.com.

October’s market update

November 27, 2016 by lkw_df Leave a Comment

Let’s take a look at the local market update for October 2016, according to the report from the Charlotte Regional Realtor Association. The big news with last month’s numbers is the year-over-year change in the drop in inventory.

For the entire CarolinaMLS area, October 2015 had 13,742 homes on the market representing 4 months supply of inventory. This year’s October numbers show only 10,570 homes on the market representing 2.8 months of inventory. This is a 23.1% drop in the inventory of homes for sale and a 30% drop in the months supply of inventory. With inventory as low as it’s been in a while, as well as an increasing demand among buyers, home prices are on the rise.

Lake Wylie, Fort Mill and York County overall have also seen a decrease in inventory, though the drops haven’t been quite as steep as that which we saw with the overall CarolinaMLS stats, and the rise in home prices hasn’t been quite as steep or as steady in these smaller markets.

Furthermore, regarding the entire CarolinaMLS area, new listings are up 2.7% from 2015, and closed sales are up 3.4%. However, new listings in Lake Wylie are down 9.6%, but closed sales are still up 4.9%. As far as York County is concerned, the numbers here are a bit bigger, with new listings up 15.8% from 2015, and closed sales up 11.3%.

The big takeaways here are that inventory is down creating a definitive seller’s market with rising home prices, and closed sales are up showing signs of plenty of activity in an active and strong housing market across the Carolina region. Stay tuned for next month’s stats!

Neighborhood spotlight: York’s Palm Tree Cove

November 20, 2016 by lkw_df Leave a Comment

Palm Tree Cove, located in York, South Carolina, is a beautiful heavily-wooded Community that borders Lake Wylie and features charming new construction homes on lots that range in size from three quarters of an acre to a massive three acres.

The community features “casual yet sophisticated living” with easy access to nearby shopping and dining, as well as plenty of recreational options. Homes here are not only beautiful, but they are energy-efficient, as well.

There are currently seven homes on the market here representing 5.6 months of inventory. This indicates that we have a very balanced market in Palm Tree Cove, and the little fluctuation in the average price per square foot of homes indicates that this is a stable market, as well. The months of inventory in Palm Tree Cove is only slightly higher compared with that of the town of York as well as of York County, which both have 4.8 months of inventory.

With the recent dip in the average price per square foot as well as a recent increase in the average seller discount, now may be a good time for buyers to take a look at this beautiful neighborhood that not only has many fantastic community features, but also provides residents the opportunity to take advantage of lake living, lower taxes and a fantastic school district.

Check out Palm Tree Cove today!

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.

Neighborhood spotlight: York’s Vanderlakes

November 13, 2016 by lkw_df Leave a Comment

There are plenty of charming communities throughout York County, and one that is particularly noteworthy is Vanderlakes–a quaint neighborhood comprised of stately homes that are situated on generously-sized lots averaging at least one acre. This is anything but a cookie-cutter neighborhood, where homes have individual character and charm. The neighborhood features plenty of greenery and privacy, with many homes featuring expansive hardwood floors, beautiful trim work, granite countertops, and lovely outdoor porches.

Furthermore, residents of Vanderlakes get to take advantage of Clover’s award-winning school district, making this a great neighborhood for families.

There are currently two homes on the market in Vanderlakes representing six months of inventory. Thus, the market here is perfectly balanced, not favoring buyers nor sellers.

However, it is certainly notable that there has been a steady climb in the average sales price of homes here, as well as in the average price per square foot. Over the last 12 months, the average price per square foot was $122.34 compared with over the last three months, where the average price per square foot was $147.10. Furthermore. The average sales price over the past year was $425,625, as compared with the average sales price over the last three months which was $475,000.

If these trends continue, it is to the buyer’s advantage to act sooner than later when considering purchasing a home here.

Don’t miss out on this great community boasting southern charm and beautiful homes.

Lake Wylie offers both affordability and luxury real estate

November 13, 2016 by lkw_df Leave a Comment

If you are looking for waterfront property in the greater Charlotte area, the ever-desirable Lake Wiley is certainly not to be missed. Homes here tend to offer buyers more bang for their buck, particularly when compared with the homes on Lake Norman, where the average sales price tends to be much higher, despite Lake Norman’s greater expanse of shoreline properties.

Although Lake Wylie is smaller than Lake Norman, the North Carolina housing market here is worth $134.6 million, and Lake Wylie’s South Carolina market is worth another $110 million, making Lake Wylie the third largest market in North Carolina and the fourth largest market in South Carolina, with 325 miles of shoreline properties.

The average list price of homes on the North Carolina side of Lake Wylie is $608,070, which is relatively more affordable when compared with Lake Norman where the average list price is $860,890. Even more affordable is the South Carolina side of Lake Wylie where the average list price is $594,059.

While Lake Wylie tends to offer greater affordability than north Charlotte, there is still an active luxury market here featuring stunning lakefront multimillion-dollar homes.

The Lake Wylie real estate market is certainly diverse and dynamic, featuring a range of price points and a range of features. Furthermore, the market here is pretty steady year-round, attracting not only local buyers, but also out-of-state buyers who are relocating for work or who are looking for their dream retirement home. As far as waterfront real estate goes, Lake Wylie certainly features some of the best properties that the greater Charlotte area has to offer.

For more details on Lake Wylie’s housing market, check out the full article at bizjournals.com.