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.
Paradise at The Point is a stunning waterfront estate home offering opulent resort style living. Situated on 1.48 private acres on Lake Norman w/over 400' of open shoreline w/panoramic views. An architectural marvel designed to embrace the water, the light and outdoors from every room. Grand foyer w/walls of windows and soaring 35' ceiling is open to living room, dining room and custom entertainment bar that leads to covered pool/side veranda. Impeccable attention to detail through out w/interior/exterior being classic and designed to engage w/outdoor oasis/pool/spa and deep water views creating a perfect balance of harmony. Sophisticated gourmet chef's kitchen is open to great room and breakfast room. Private main level owners wing is appointed w/sophisticated luxury. Grand staircase to upper level; library loft, 4 stunning private bedroom suites and bonus room w/balcony. 3rd level executive office offers breathtaking views. Separate pool/guest house w/full bath. Private dock/beach.
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Based on information submitted to the MLS GRID as of 2021-04-21 18:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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