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.
Lake Norman Housing Market
One of the biggest reasons 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 home, due to its 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 custom home REMODELED to perfection! From the moment you enter the door, you will be amazed by the stunning wall of windows towering above the 2 story great room and open this magazine-worthy CUSTOM chef’s kitchen. Three levels of renovated luxury plus exceptional waterfront location in the sought after Point neighborhood. High ceilings on all levels, bright modern improvements & architectural upgrades throughout including an enviable Chef's kitchen with new custom inset cabinetry, massive island, stainless appliances and gorgeous stone range surround! Enjoy water views from your great room with beamed ceilings, custom stone work and massive fireplace. Lovely main level primary suite with spa-like bathroom, three bedroom suites on upper level plus a bonus. Magnificent lake level features family room, 2nd kitchen, wine cellar, media/flex space. BR suite with private entrance, bonus & garage/workshop for lake toys. ROOM FOR A POOL plus country club amenities of TNGC.
| MLS#: | 3923298 |
| Price: | $2,675,000 |
| Square Footage: | 5396 |
| Bedrooms: | 5 |
| Bathrooms: | 5.1 |
| Acreage: | 0.67 |
| Year Built: | 2005 |
| Type: | Single Family Residence |
| Virtual Tour: | Click here |
Based on information submitted to the MLS GRID as of 2023-02-04 12:00:00. 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.
Contact An Agent:
- Golf Courses on Lake Norman - August 5, 2022
- Lake Norman NC Sunset – Lake Norman Homes - August 4, 2022
- Lake Norman NC Home Market Changing? – Price Decreased in the past 7 days - August 4, 2022
Leave A Comment
You must be logged in to post a comment.