Bridgehampton Neighborhood in Charlotte's Ballantyne
Real Estate Report & Neighborhood Spotlight:
Quarter 1 - 2020
As it was in the prior three quarters, the headline of the story for Bridgehampton home sales during the 1st Quarter 2020 is: "there was no inventory to speak of."
On the Charlotte, North Carolina side of Bridgehampton, 2 homes sold in the 1st Quarter 2020 at an average selling price of $662,675. Price per square foot averaged $143.60. Average cumulative days on market were 147 in the first quarter, but this number was heavily skewed by one of the homes that took 274 days to sell. The other home that sold, sold in 19 days. Home buyers paid 94.98% of listing price, on average.
At quarter-end, one home was listed for sale on the Charlotte side of Bridgehampton and no homes were under contract. However, as of the start of the 2nd Quarter 2020 three single family homes were listed for sale and one townhome in the Gates at Bridgehampton. Clearly, these homes came on the market in time for the spring selling season and unfortunately also just in time for COVID-19 stay-at-home restrictions to go into effect.
Closed Number Of Sales In Bridgehampton/Charlotte:
Quarter 1 - 2020
On the Indian Land, South Carolina side of Bridgehampton, no homes sold during the first quarter 2019, underscoring the lack of inventory in this in-demand neighborhood, as this is the third consecutive quarter with no sales. At quarter-end, one homes was listed for sale. In the first month of the 2nd quarter 2020, four homes were listed for sale. Clearly, these homes came on the market in time for the spring selling season and unfortunately also just in time for COVID-19 stay-at-home restrictions to go into effect.
To track sales in Bridgehampton "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Bridgehampton sales activity.
Home Sale Price Trends In Bridgehampton Neighborhood
Bridgehampton Neighborhood In Charlotte's Ballantyne Area:
Perennially In-Demand Since 2000
Bridgehampton is a 544 home neighborhood built by John Wieland Homes, located on the border of North and South Carolinas in the Ballantyne area. Approximately half of the community's homes are in Charlotte on the North Carolina side, while the other half are in Indian Land on the South Carolina side. The primary "visible" difference in homes is that the North Carolina homes were built as an all-brick/stone community, while on the South Carolina side, homes were primarily brick front with hardiplank siding, although there were some homes that had three sides brick. Majority of the homes were built between 1999 and 2006.
Voted “Best Overall Community” by the Charlotte Homebuilder’s Association, Bridgehampton offers wonderful amenities, an active Neighborhood Association, a strong sense of community spirit and quiet, tree-lined streets complete with sidewalks and cul-de-sacs.
Its prime location in the upscale Ballantyne area puts every convenience easily within reach. And with its resort-style amenities and plenty of neighborhood activities, BridgeHampton is the perfect choice for today’s active families.
As you drive through its gently winding streets, you immediately sense why Bridgehampton is known as one of south Charlotte’s premier neighborhoods. Home exteriors reflect time-honored tastes. Architectural details display a superior level of attention by John Wieland Homes, long recognized as one of Charlotte’s top luxury home builders. Larger home sites comfortably accommodate spacious homes with lots of greenery creating privacy without compromising a sense of neighborliness.
COUNTRY CLUB LIFETYLE WITHOUT THE COUNTRY CLUB COST
The Clubhouse at Bridgehampton: a 6,000 square foot facility featuring two outdoor covered porches, a full kitchen, a loft lounge area, TV/Media/PA system and spacious ballroom with an 18-foot ceiling.
Olympic size swimming pool with water slide and wading pool for the younger "set."
Fitness Center open 24 hours/7 days a week.
Four lit, regulation sized tennis courts.
Bridgehampton's active HOA organizes many clubs/activities for residents including a swim team, bridge club, book club, ladies' bunko, aqua zumba classes. Social activities include: the annual Welcome Summer Pool Party & Rib Cook-Off, a July 4th Parade, spring and fall soccer shots, kids summer sports camp, Adult Valentine's Day and Halloween Parties, Children's Halloween and Christmas Parties, Family Fall Festival & Chili Cook-Off, Oktoberfest night, and more. It's hard to run out of things to do in BridgeHampton.
WHAT ARE THE HOMES LIKE IN BRIDGEHAMPTON?
The majority of homes built in BridgeHampton are 2-story, but you'll also find 3-story homes, as well as homes with walkout basements. Homes offer four to six bedrooms and typically a minimum of three bathrooms. Square footage ranges from 3,200 to more than 5,000 square feet. Bridgehampton homes typically sit on .3 to .4 acre lots, considered generously sized lots in the Ballantyne area these days.
Within the Bridgehampton neighborhood is a separate, gated neighborhood of luxury townhomes known as The Gates of Bridgehampton. The Gates at Bridgehampton have their own homeowner association. The townhomes are 2-story homes, typically with three bedrooms and 3.5 bathrooms, ranging in size from approximately 2,500 square feet to almost 4,000 square feet. The homes feature private courtyards for outdoor space. No townhomes in The Gates in 2019 or are currently listed for sale.
Prime Convenience In Ballantyne
Bridgehampton is located just three miles south of I-485 in the prestigious Ballantyne area of south Charlotte with easy access to Charlotte's Uptown, the airport, and business centers. Every convenience is nearby, including great shopping, fine dining, and exceptional golf courses and country clubs!
INTERSTATES: I-485, I-77, I-85 all within 10-20 minutes of the community. Charlotte-Douglas International Airport is less than a 30 minute trip from BridgeHampton.
LOCAL SHOPPING: Hunter's Crossing, Ballantyne Village, Ballantyne Commons, Blakeney Shopping Center, Blakeney Crossing, Stonecrest Shopping Center, Carmel Commons, all reachable in about 10 minutes. Also within minutes of the neighborhood, you'll find the big box store like Walmart, BJ's, and Sam's Club.
BUSINESS CENTERS: Ballantyne Corporate Park (3.5 miles away); South Park (11 miles away); Arboretum Medical Plaza & Business Center (6 miles away); Toringdon Center (less than 5 miles away).
PUBLIC SCHOOLS: On the Charlotte side in North Carolina: Elon Park Elementary, Community House Middle School, Ardrey Kell High School. All three of these schools are rated 10 out 10 by GreatSchools. org. On the Indian Land side in South Carolina: Harrisburg Elementary (rated 8 out of 10), Indian Land Middle School (rated 9 out of 10), and Indian Land High School (rated 7 out of 10). Ardrey Kell High School continues to be ranked the #1 high school in the entire Charlotte region.
HOSPITALS: Carolinas Medical Center in Pineville is reachable in 10 minutes. Presbyterian Hospital and Carolinas Medical are also reachable with less than 30 minutes.
GOLF: A myriad of incredible golf courses nearby, including: Ballantyme Resort, Ballantyne Country Club, Firethorne Country Club, TPC@ Piper Glen, Carolina Lakes Golf Club, all 15 minutes or less away.
RECREATION: Great family recreation nearby including the Morrison Family YMCA, Carowinds Theme Park, Mecklenburg Acquatic Center, the Levine Jewish Community Center, Discovery Place, and numerous Charlotte public parks.
IF YOU WANT TO MAKE BRIDGEHAMPTON YOUR NEXT HOME:
If you're considering selling your Bridgehampton or Ballantyne area home, contact Nina Hollander/Carolinas Realty Partners with Coldwell Banker Realty. Let's get together and discuss the supply conditions in your neighborhood and how we can assist you in gaining access to the buyers who are ready, willing and able to buy now.
W've been opening doors for Ballantyne home buyers and sellers or 20+ years and are also your Ballantyne neighbors since 2001.
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