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.
One of the biggest reason 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 homes, due to it’s 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.
Exquisite waterfront residence in The Point situated on one of the best lots in The Village with over 350 feet of shoreline along the beautiful waters of Lake Norman. With panoramic 180-degree lake views, this home impresses with its richly appointed, light-filed spaces that create a sophisticated feel so sought-after for today's luxury lifestyle. This pristine property is approached by a circular paver motor court. State-of-the-art audio-video, lighting and climate controls. Resort living at its finest perfect for entertaining with expansive travertine patios, glistening pool and spa, summer kitchen and a luxurious four-season pool pavilion complete with fireplace and air conditioning. Three guest bedrooms with en-suite baths up and one at lake level with a view that will make your guests want to stay. Whole House Generator, nothing has been overlooked, every inch of this spectacular home brings luxury to life. Link to video: https://vimeo.com/352808428.
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|Listing courtesy of:||Allen Tate Mooresville/Lake Norman|
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