Homes Sold on Lake WylieRecent Real Estate Sales |
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| These Lake Wylie waterfront homes have sold so far this year: |
| Sold Date | Street Name | Subdivision | Lot Descript. | City | Year Built | Sq Ft | Sales Price |
| 1/8 | High Point | None | Waterfront | Charlotte | 2007 | 3700 | $ 168,000* |
| 1/14 | Johnson Rd | Catawba Crest | Waterfront | Lake Wylie | 2007 | 3463 | $ 465,000* |
| 1/15 | Diamond Point | Mariners Watch | Waterfront | Lake Wylie | 2007 | 4657 | $ 750,000** |
| 1/21 | Mariners Watch | near Red Fez | Waterfront | Charlotte | 1993 | 7380 | $ 1,680,000** |
| 2/18 | Island Fork | Lake Wylie | Waterfront | Lake Wylie | 1950 | 1006 | $ 370,000* |
| 2/24 | Lake Wylie Rd | Belmont | Waterfront | Belmont | 1998 | 2355 | $ 410,000* |
| 3/5 | River Point | Lake Wylie | Waterfront | Lake Wylie | 1995 | 6489 | $ 1,525,000** |
| 3/15 | Rivergrass | Handsmill | Waterfront | Lake Wylie | 2009 | 7532 | $ 1,443,600* |
| 3/15 | Quiet Waters | Forest Bay | Waterfront | Belmont | 2002 | 5535 | $ 965,000** |
| 3/22 | Labrador | Somerset | Waterfront | Lake Wylie | 2009 | 2763 | $ 520,000 |
| 4/5 | River Oaks | Lake Wylie | Waterfront | Lake Wylie | 1979 | 2673 | $ 630,000 |
| 4/15 | Commodore | River Hills | Waterfront | Lake Wylie | 1941 | 6100 | $ 815,000 |
| 4/16 | Winter Walk | Lake Wylie | Waterfront | Lake Wylie | 2009 | 2717 | $ 440,000 |
| 4/23 | Here at Last | near Palisades | Waterfront | Charlote | 2008 | 5400 | $ 625,000* |
| 4/29 | Ashwood Park | Reflection Pt | Waterfront | Belmont | 2008 | 6842 | $ 1,500,000** |
| 5/7 | Cider Ct | Somerset | Waterfront | Lake Wylie | 2009 | 3148 | $ 480,000 |
| 5/14 | Newberry | Tega Cay | Waterfront | Lake Wylie | 2004 | 3600 | $ 720,000 |
| 5/20 | Water Thrush | River Hills | Waterfront | Tega Cay | 1997 | 5022 | $ 1,080,000 |
| 5/21 | Aragon Beach | Mt Gallant area | Waterfront | Rock Hill | 1979 | 2106 | $ 459,000 |
| 5/21 | Point Clear | Tega Cay | Waterfront | Tega Cay | 1980 | 4578 | $ 658,000 |
| 5/28 | River Oaks | Lake Wylie | Waterfront | Lake Wylie | 1971 | 1785 | $ 530,000 |
| 6/1 | Johnsons Barn | Glades@Windsw | Waterfront | Lake Wylie | 2007 | 3850 | $ 555,000* |
| 6/2 | Cove Point | Tega Cay | Waterfront | Tega Cay | 2005 | 3405 | $ 675,000 |
| 6/9 | Elena Dr | off Shopton | Waterfront | Charlotte | 1987 | 4940 | $ 675,000 |
| 6/11 | Saw Mill | off Shopton | Waterfront | Charlotte | 1950 | 4588 | $ 425,000* |
| 6/18 | Saw Mill | off Shopton | Waterfront | Charlotte | 2007 | 5455 | $ 725,000* |
| 6/25 | Windy Gap | Browns Cove | Waterfront | Charlotte | 1987 | 1550 | $ 475,750* |
| 6/25 | Concord Rd | Concord Rd | Waterfront | Lake Wylie | 2008 | 3615 | $ 641,000* |
| 6/30 | Topsail | Tega Cay | Waterfront | Tega Cay | 2006 | 6220 | $ 660,300** |
| 7/7 | White Ibis | Misty Waters | Waterfront | Belmont | 2006 | 6220 | $ 1,855,000 |
* Indicates Short Sale or Foreclosure. Read more about Short Sales vs Foreclosures
** Not classified as a foreclosure or short sale, but sold for less than 70% of original asking price.
A number of factors influence the price of homes sold on Lake Wylie. In recent months, the price of homes sold has been impacted greatly by the struggling real estate market. About 25% of homes sold on the lake in 2009 were classified as foreclosures or short sales. Thus far in 2010, about one third of Lake Wylie waterfront home sales are short sales or foreclosures. This affects ALL waterfront pricing, as sellers have to offer a price to compete with properties in a "distressed" situation.
In addition, price of homes sold on Lake Wylie vary according to considerations such as location, view, size and shape of lot, condition of the home, dock availability, water depth and restrictions on lake use, and surrounding properties. For more information on how these considerations affect the price of homes sold, read my blog What to Look for in Waterfront Property.
Source: CMLS covering Charlotte, Lake Wylie, Rock Hill, Fort Mill, Belmont, Gastonia and surrounding areas. For more information about waterfront real estate sales in these areas, contact dtc01@comporium.net.
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| Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Baxter Village shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. . |
