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.
A Hidden gem that is nestled within a small enclave of Lake Norman. Upon entering this Charleston inspired home, you immediately take a deep breath when you take in the LONG water views. Light and airy with 11' ceilings on main. Gathering Room with 18' wide collapsible accordion door that leads out to the beautiful blue stone veranda. Large Gourmet kitchen with oversized island, Keeping room, Scullery with shiplap walls and ceilings. Custom wood beams and cabinetry. Luxurious brass faucets and door hardware. Gorgeous primary suite and sitting area overlooking the lake. Two large offices on main floor. Vaulted (wood) ceiling media room on 2nd floor, 3rd level bunk room. Outdoor living at its best with Saltwater pool, pool house with full bath, kitchen and fire pit. Approx. 250' shoreline, covered dock/lift with deep water. No HOA! Excellent Langtree Location, conveniently located to restaurants, shops, I-77, Charlotte and Airport. Lake living at its finest. AN ABSOLUTE MUST SEE!
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Based on information submitted to the MLS GRID as of 2021-04-21 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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