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.
Designed to inspire, this captivating, private two-acre Lake Norman exclusive golf community home offers luxuries more common to the Hamptons than the Piedmont. Enjoy breathtaking views and stunning sunsets from the infinity pool or the numerous balconies. Entertain like royalty with the finest appliances ready for a world class chef in the kitchen. Sample a fine bottle of wine from the 1200+ bottle wine cellar. Bask in luxury as guests admire the handcrafted and custom details from the wooded corridors to the unique staircases. Do you have a luxury car collection? No problem. This property also includes a two-car day garage and four-car climate-controlled collector's garage. For days when you want something more intimate, the home theater, billiards and game rooms, art studio and fitness center offer ample entertainment alternatives.
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|Listing courtesy of:||Premier Sothebys International Realty|
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