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.
Drama meets comforts in this showcase home located in the desirable Village section of The Point! This spectacular lake front estate has been renovated throughout with carefully selected contemporary finishes.The 5 stone fireplaces will keep you cozy whether you are relaxing in the master suite, enjoying coffee in the hearth room or entertaining in the lake level family room. The master suite is an owner’s haven with dual closets with custom organization systems, spa inspired bath & direct access to terrace. An enviable outdoor oasis, the backyard awaits you with a heated saltwater pool & spa, outdoor kitchen, private pier & dock, & natural sandy beach. Other notable attributes include enclosed lower patio with electrical phantom screens, 4-car garage & 180+ feet of shoreline with block seawall. This home is a rare & exceptional opportunity ready for your immediate enjoyment!
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|Listing courtesy of:||Trump International Realty|
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