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.

Lake Norman HomesThe 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 substantiallyIMG_0262 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.

17813 Spinnakers Reach Drive
$2,875,000   Active
Subdivision: The Peninsula

Welcome Home! Gorgeous, Waterfront, Custom, Full Brick Home on the shores of Lake Norman in sought after, The Peninsula! Breathtaking views of the lake from every room! Open floor plan w/ 2 Story Great Room w/ gas fire place, hardwood floors, extensive windows & luxury architectural details throughout including archways, niches, custom tray ceilings & built ins! Gourmet Kitchen offers granite counters, SS appliances w/ double ovens, center island w/gas cooktop, tile backsplash, breakfast bar & pantry! Spacious, Primary Bedroom on main w/deep tray ceiling, designer, mirrored wall overlooking the lake! Main guest room converted to custom, dream, walk in closet w/shelving systems, cabinetry & island (easy to convert back). 2nd floor guest suite with kitchenette, living area & huge walk in attic! Dream Basement w/ 2nd Kitchen, 2 Beds & 2 Flex Rooms! You will love the low maintenance living, relaxing on your private dock on the quiet cove & short boat ride to Lake Norman's main channel!

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Basic Information

MLS#: 3920498
Price: $2,875,000
Square Footage: 6154
Bedrooms: 5
Bathrooms: 4.1
Acreage: 0.28
Year Built: 1997
Type: Single Family Residence

Additional Photos:
Listing courtesy of: Keller Williams Lake Norman - Matt@TheSarverGroup.com

Based on information submitted to the MLS GRID as of 2023-01-29 06:00:00. 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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