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.
One-of-a-kind, Mediterranean style waterfront estate nestled down a private drive. Behind the gates, beauty awaits your eyes as some of Harry Shrader's signature designs are showcased. From the grand entrance to the cut-in dining room ceiling to the infamous "see-thru" two-sided cast-stone fireplace that divides the sunken "Pub" from the breath-taking 2-story great room with floor to ceiling windows providing beautiful unobstructed views of Lake Norman. The temp-controlled wine cellar is a must see just through the custom iron door off the "Pub". Owner's suite on main with his/her closets and beautiful master bath, lots of cabinets in en suites for storage. Chef's kitchen with Sub-Zero and Wolf appliances, two dishwashers, Miele built-in coffee/cap maker and an island with plenty of seating. Out in back, the enchanting saltwater pool/spa has a beautiful spill over waterfall, romantic terraces, outdoor kitchen, fire-pit, beach area and covered boat dock. Reduced 849K- Priced to sell.
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|Listing courtesy of:||Carlyle Properties|
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