Lake Norman Ranked Biggest Lake-Front Housing Market
A recent article by Charlotte Stories has Lake Norman ranked as the biggest Lake Front Housing Market in the South East. Read the full story below.
The Lake Norman real estate market is now valued at over $840 million, making it the #1 biggest lake-front market in the South East.
The Fall 2016 Lake Market Report was conducted by the Alabama-based Lake Homes Realty Company. They collected data from 46 MLSs spanning 9 South Eastern states stretching from Texas to Virginia.
Out of all the lakes in the nine states, Lake Norman was found to have the biggest overall market, with Austin Texas’ Lake Travis coming in second at $787 million, and Atlanta’s Lake Lanier coming in third at $567 million.
Lake Norman Housing Market
One of the biggest reasons the Lake Norman real estate market is so large is that it attracts a substantially
high number of out-of-state and international buyers looking for a vacation home, due to its temperate climate, distance to an international airport, and distance to the mountains and beaches.
The Lake Homes Report also indicated that a whopping 42% of all of North Carolina’s lakefront real estate is found on Lake Norman. Metro Charlotte’s other lake, Lake Wylie,, by comparison, only comprised about 6.7% of North Carolina’s lakefront real estate.
Lake Norman homes
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7341 Tallwood Drive -- 4 BR, 4.1 BAPrice: $1,725,000 (4808 sqft)
Subdivision: Webbs Chapel Cove
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Allen Tate Lake Norman | MLS # 3878330 | Active
9524 Riviera Drive -- 3 BR, 3.2 BAPrice: $1,700,000 (4889 sqft)
Subdivision: Island Point
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Long & Foster Real | MLS # 3929975 | Active
272 Bridgewater Lane -- 5 BR, 4.1 BAPrice: $1,699,000 (5471 sqft)
Subdivision: Bridgewater
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Allen Tate Davidson | MLS # 3925316 | Active
3210 Lake Shore Road -- 4 BR, 3.1 BAPrice: $1,650,000 (3241 sqft)
Subdivision: Westport
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Helen Adams Realty | MLS # 3934652 | Contract
302 Lakeview Shores Loop -- 3 BR, 4 BAPrice: $1,600,000 (4481 sqft)
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Mooresville Realty LLC | MLS # 3874049 | Active
126 Chandeleur Drive -- 5 BR, 2.1 BAPrice: $1,599,000 (2885 sqft)
Subdivision: Harbor Cove
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Allen Tate Davidson | MLS # 3933368 | Active
200 Sagemore Road -- 4 BR, 3.1 BAPrice: $1,593,700 (3537 sqft)
Subdivision: Harbor Landing
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Pilot Realty & | MLS # 3786911 | Active
2075 Northview Harbour Drive -- 4 BR, 5.1 BAPrice: $1,575,000 (6342 sqft)
Subdivision: Northview Harbour
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Premier Sotheby's | MLS # 3902346 | Contract
119 Admiral Lane -- 3 BR, 4.1 BAPrice: $1,500,000 (5003 sqft)
Subdivision: Morrison Point
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Allen Tate | MLS # 3919369 | Contract
16215 Sasanoa Drive -- 4 BR, 2.1 BAPrice: $1,499,900 (2812 sqft)
Subdivision: Sterling Pointe
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Ivester Jackson | MLS # 3936230 | Active
109 Bantam Place -- 5 BR, 5.1 BAPrice: $1,495,000 (5161 sqft)
Subdivision: The Farms
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NextHome World Class | MLS # 3932290 | Active
121 Highland View Drive -- 4 BR, 3.1 BAPrice: $1,450,000 (4962 sqft)
Subdivision: Highlands at Lake Norman
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Keller Williams | MLS # 3910757 | Active
3074 Lake Shore Road -- 6 BR, 5.1 BAPrice: $1,440,000 (4727 sqft)
Subdivision: Westport
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Allen Tate Steele | MLS # 3838695 | Contract
5035 Shady Meadow Lane -- 3 BR, 2 BAPrice: $1,399,900 (1935 sqft)
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Wohlford & Associates | MLS # 3939918 | Active
16001 Cramur Drive -- 3 BR, 2.1 BAPrice: $1,385,000 (2786 sqft)
Subdivision: Norman Shores
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Ivester Jackson | MLS # 3874622 | Active
8855 Dog Leg Road -- 3 BR, 2.2 BAPrice: $1,375,000 (3710 sqft)
Subdivision: Sherwood Shores
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ProStead Realty | MLS # 3934235 | Contract
20521 Lagoona Drive -- 3 BR, 2.1 BAPrice: $1,375,000 (2263 sqft)
Subdivision: Biscayne Park
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Southern Homes of the | MLS # 3909879 | Contract
3987 Burton Lane -- 4 BR, 3.1 BAPrice: $1,370,000 (4553 sqft)
Subdivision: Westport
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Lake Norman Realty, | MLS # 3906863 | Active
113 Paddle Loop -- 4 BR, 5.1 BAPrice: $1,327,880 (3802 sqft)
Subdivision: Lakewalk
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Pilot Realty & | MLS # 3677477 | Contract
215 Homer Lane -- 4 BR, 4.1 BAPrice: $1,299,305 (5181 sqft)
Subdivision: Sisters Cove
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EXP Realty LLC | MLS # 3362101 | Contract
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