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.
Breathtaking Custom Simonini Waterfront Estate full of charm & elegance. Offering spectacular lake views this residence makes an ideal family home w/ample accommodation for guests. Bathed in sunlight,the open plan features gourmet kitchen w/marble island, prof appliances, & walk-in pantry. Generous dining room includes adjacent butler’s pantry & temp-controlled wine room. Entertain in spacious rec room off kitchen complete w/billiards area, bath & fireplace. Outdoors, enviable highlights include heated covered lanai w/movie screen, huge grandfathered sandy beach, grassy yard plumbed for pool, private pier, dock & boat launch. Opulent master retreat showcasing steam shower, separate his&her walk-in closets & jetted tub. Private living quarters above garage provides guests perfect place to hideaway.Advanced Smart Home, elevator shaft, soaring ceilings, extensive millwork, dual staircases, additional laundry, exercise room, & expansive 3rd floor set up for bath & bar.
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|Listing courtesy of:||Ivester Jackson Properties|
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