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.
This Luxurious English Manor, located in one of Lake Norman's most prestigious communities features over 400 feet of open water shoreline and panoramic views. Located in a private cul-de-sac, this elegant home greets you with a 20 foot wood barrel port de cochère. Once inside, you enter the 35 foot glass domed grand salon. You will then be swept away by the captivating, expansive views overlooking the infinity edge pool while enjoying privacy on 1.48 acres of serenity. The attention to detail is evident in this 2 level, 5 bedroom home with large in-suite baths and 2 additional powder rooms. Heavy timber ceiling in the family room, circular stairway and English library. A sunlit chef's kitchen featuring two islands. Heated floors in kitchen, main hall and master bath. Separate, unusually large master bedroom closets and a separate guest quarters with bath and steam shower. Granite counters and upscale fixtures throughout. The third floor Crows nest makes a great office or play room.
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|Listing courtesy of:||Ivester Jackson Properties|
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