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.
Gorgeous two story custom waterfront home expertly crafted by Patrick Joseph Distinctive Homes. One of the finest waterfront lots with wide open panoramic lake views. This home is situated in the desirable Point Village close to the clubhouse & amenities. This lovely coastal-style design was created by designer JJ Barja. The exterior has a classic grey shingle siding with a cedar shake roof over a stone foundation. The interior of this home features an open plan & great attention to detail & craftsmanship. Main level consists of a great room open to the chef's kitchen with scullery and family dining. You will also find a dining room with bar/wine storage, a huge library/study and owner's suite. Upstairs are 3 bedroom suites, a bonus room with balcony, exercise room with juice bar, large loft & a rec room. The main level features a covered porch you can walk down to your outdoor entertaining space with a pool, expansive patios & outdoor kitchen. Private pier & sea wall already in place.
|Listing courtesy of:||Ivester Jackson Properties|
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