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.
This is your chance to own this stunning lake home featured in the Lake Norman Current Magazine! Expenses were not spared when this home was remodeled! Experience some spectacular sunset & lake views from almost every room! This lake home has it all! Spacious & open gourmet kitchen w/ tongue & groove ceiling, granite tops, tile backsplash, subzero refrigerator, double oven, six burner gas range w/ custom range hood & wine fridge! Impressive 2 story great room w/ modern grasscloth wallpaper accents! Luxurious primary bedrm & bathrm w/ radiant heated floors, dual master shower, jacuzzi tub, His & Hers walk-in closet! On the lower lake level enjoy a 2nd kitchen, custom stone & granite bar, entertainment & game room, 2 bedrms w/ ensuite baths! Spectacular outdoor living... 3-tier outdoor deck w/ travertine on all levels! Modern stainless steel cable railing! Dreamy Jetted plunge pool w/ unique water feature of floating steps! Modern outdoor kitchen! Property is PRE-APPROVED for a pool!
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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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