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.
New Construction - To be built by Award Winning Plattner Custom Builder Homes. Home Features: Spectacular Lake Norman Wide Water Views of Peninsula Neighborhood. This 4BR 4.5BA Home has 6,589', 10' ceilings throughout the main floor, Master Suite on Main Floor w/Owners Suite w/Porch, Bath & Walk-in Closet, 352' Veranda to enjoy the Lake, Living Room, Dining Room, Kitchen, Walk-in Pantry, Mud Room, Powder Room, Foyer, 3 Car Garage and Study. 2nd-floor features: Spacious Family Room, Walk-in Closets, 9' Ceilings, Balcony and Rec Room/Fitness Room. The architect is David O'Bryan of Labella. Pool and Spa Included. Dock buyer responsibility.
|Type:||Single Family Residence|
Based on information submitted to the MLS GRID as of 2022-12-07 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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