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.
Award Winning, Old World Style Estate situated on over 1 Acre on Lake Norman Built by ZAR Custom Homes w/ True Quality Craftsmanship. From the Solid Iron Front Door to the Cedar Beams & Cathedral Arches throughout the home, you get a Combination of Casual & Elegant, creating the Perfect Sense of Luxury. Designed for Impressive Lake Views from Nearly Every Room, including the Amazing Kitchen featuring 2 Large Cooking Islands & a 2nd Scullery Kitchen. The Cozy Great Room shares a Beautiful Stone Fireplace w/ the Masculine Billiards Room w/ Extensive Wet Bar & Unique Coffered Ceiling. Gorgeous Owners Suite w/ Soaring Ceilings & Elegant Fireplace, Relaxing Bath, Flex Room & Enormous Closet w/ Personal Laundry. Private Office & Multiple Rec/Media Rooms. Directly Off Great Room, Enjoy the Incredible Stone Lanai with Outdoor Kitchen & Breathtaking Views from the Saltwater Pool. Live the Ultimate Lake Life w/ a Beach & Two Boat Slip Dock. Gated Entrance & Dream 4 Car Garage. **See Feature List
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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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