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.
Selected by Architectural Digest in 2017 as NC's Most Beautiful Home For Sale. Savor Lake Norman's most spectacular sunsets from one of LKN's most phenomenal flagship privately gated estates. Main house + Cabana + outdoor under roof living space total 15K. Exquisitely crafted w/ soaring ceilings, walls of windows, polished travertine floors and Mediterranean accents throughout. Spectacular owners suite w/fireplace, wrap around windows w/panoramic views, remote blinds, massive shower, laundry. Perfectly designed for indoor/outdoor living w/ covered dining,fire pit, private sandy beach & meandering terraces. 2nd level rec room/billiards w/wet bar. Private British West Indies inspired guest house, wood & beam vaulted ceiling w/kitchen,refrigerated kegs, Chicago style alder wood bar w/ leathered marble counters. Sensational Infinity edge heated saltwater pool/spa, 5 car garage. Security cameras, elevator, wine cellar. Located in the beautiful Point neighborhood.
|Type:||Single Family Residence|
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|Listing courtesy of:||Ivester Jackson Properties|
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