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.
Stunning waterfront Kingswood design recently remodeled to perfection! This magazine-worthy custom boasts three levels of livable luxury plus exceptional outdoor living with glorious heated saltwater pool, spa, private dock & sandy beach. Open floorplan with high ceilings on all levels, fresh modern improvements & architectural upgrades throughout. Center stage is a dreamy Chef's kitchen with new custom cabinetry, massive white oak island, Thermador appliances plus built-in beverage drawers & Miele coffee maker! Enjoy water views from your keeping room with beamed ceiling, private study currently used as an artists retreat, great room with fireplace & gas logs or relax on your screened porch. Lovely main level owner's suite with spa-like bath & elevated closet system. Three bedroom suites on upper level. Magnificent lake level features family room, 2nd kitchen, dining area, wine cellar, exercise/flex space. BR suite with private entrance, bonus & garage for lake toys. A rare find!
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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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