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.
Back to the market at no fault to the seller! Welcome to your FULLY RENOVATED, turn key home located right on Lake Norman. This home has seen a full renovation which was completed in 2022 from head to toe including updated kitchen, bathrooms, refinished hardwoods, and the list goes on! Through the entry you will immediately notice the open floorpan with windows galore allowing you to view the water from almost every room. This floorpan is great for those looking for ample living space, with an open concept inside and multiple decks either covered, left open for sunbathing, or while enjoying a meal with a view. Primary on the main facing the water with a zero edge frameless shower and freestanding tub. With three beds paired with full baths, a massive bonus room, and storage closets on each wing this home has no lack of space. Down by the water sits a firepit overlooking great views of the lake. Enjoy the luxury of a private pier to make cruises on the lake an easy time.
|Type:||Single Family Residence|
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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