Are You Looking For A Waterfront Home In The Charlotte Region?

By
Real Estate Agent with Coldwell Banker Realty

WATERFRONT HOMES IN THE CHARLOTTE, NORTH CAROLINA REGION

 

Technically, the Charlotte area is landlocked. However, Charlotte does have three man-made lakes and waterfront property on these lakes is in huge demand. As we look forward to the summer season, lakefront properties enjoy ever greater demand. If you've been dreaming about owning a waterfront home on one of Charlotte area's three lakes here's what you should know about Lake Norman, Lake Wylie, and Mountain Island Lake.

 

LAKE NORMAN

Lake Norman is the largest man-made lake in the Charlotte area with approximately 525 miles of shoreline. It is also the largest freshwater lake in the State of North Carolina. Lake Norman is about 34 miles long and 9 miles wide. It's just under 51 square miles. Average water depth in Lake Norma is just under 34 feet with a maximum depth of about 110 feet. Lake Norman was built between 1959 and 1964 by Duke Energy when it dammed the Catawba River and built the massive Cowans Ford Dam at the border between Mecklenburg and Lincoln Counties.

 

Lake Norman is located about 22 miles from Charlotte's City Center. Lake Norman "spans" four counties: Mecklenburg, Lincoln, Catawba, and Iredell. The primary towns around Lake Norman with lakefront properties include Cornelius, Huntersville, Mooresville, Denver, Sherrills Ford, Davidson, Terrell, and Troutman.

 

A "fun" fact about Lake Norman is that the bottom of the lake includes old cemeteries, schools, churches, homes, a Revolutionary War battlefield, and other structures such as the Beatties Ford Bridge.

 

HOME PRICES FOR LAKE NORMAN WATERFRONT HOMES: currently, there are 74 single family properties in coming soon or active status in the Carolina Multiple Listing Service. Home prices range from a low of $462,000 for a double-wide manufactured home to $6,995,000. Average list price is $2,213,981; median list price is $1,650,000.

 

SEARCH FOR WATERFRONT PROPERTIES ON LAKE NORMAN

 

 

VISIT LAKE NORMAN

 

LAKE WYLIE

Lake Wylie is the oldest of seven man-made lakes created by Duke Power in 1904 along the Catawba River to regulate water flow for hydroelectric power. This project was undertake by the Southern Power Company which merged with Duke Power in 1927. Lake Wylie has approximately 325 miles of shoreline. It is about 32 miles long and 5 miles wide. Average water depth in Lake Wylie is about 23 feet with a maximum depth of about 94 feet.

 

Lake Wylie is located about 19 miles from Charlotte's City Center. Lake Wylie "spans" two states and three counties: Mecklenburg and Gaston Counties in North Carolina and York County in South Carolina. The primary towns around Lake Norman with lakefront properties include Tega Cay, Lake Wylie, York, Charlotte, Belmont, Mount Holly. You'll also find waterfront properties in Gastonia, Fort Mill, and Clover.

 

PRICES FOR LAKE WYLIE WATERFRONT HOMES: currently, there are 36 single family properties in coming soon or active status in the Carolina Multiple Listing Service. Home prices range from a low of $348,000  to $5,995,000. Average list price is $1,564,863; median list price is $1,344,950.

 

SEARCH FOR WATERFRONT PROPERTIES ON LAKE WYLIE

 

 

MOUNTAIN ISLAND LAKE

Mountain Island Lake is the smallest of the three lakes created by Duke Power in the Charlotte area. The lake provides drinking water to over one million people in the Charlotte, Mount Holly, Gastonia areas.  The upper portion of Mountain Island Lake is mostly undeveloped due to the presence of a large number of parks and natural areas that were purchased to protect the drinking water for Charlotte and neighboring towns. Mountain Island Lake came about in 1924 with the construction of the Mountain Island Hydroelectric Station. Mountain Island Lake has approximately 61 miles of shoreline. It is just under 15 miles long and about 2.5 miles wide. Average water depth in Mountain Island Lake is about 18 feet with a maximum depth of just over 58 feet.

 

Mountain Island Lake is located about 13 miles from Charlotte's City Center in the northwest area of Charlotte in Mecklenburg County. There are just a handful of waterfront communities along the shores of Mountain Island Lake. These include: Harwood Landing, Mountain Pointe, Mt. Isle Harbor, Overlook, Preservation Pointe, Riverbend, Stonewater, The Polo Club at Mountain Island Lake, Imagery at Mountain Island Lake. Waterfront homes are much in demand due to their scarcity.

 

PRICES FOR MOUNTAIN ISLAND LAKE WATERFRONT HOMES: currently, there are just two single family properties in active status in the Carolina Multiple Listing Service. One home is in Overlook, priced at $1,729,000; the other at Mt. Isle Harbor, priced at $2,927,972. Three homes have sold in the past 180 days averaging $863,333 in sale price. Median sale price was $775,000.

 

SEARCH FOR WATERFRONT PROPERTIES ON MOUNTAIN ISLAND LAKE

 

Curious About The Charlotte Region's Housing Market? Contact Nina Hollander.

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Call us today at 704-779-0813 or contact us here.

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AVERAGE HOME SALE PRICE TRENDS IN THE CHARLOTTE REGION FOR WATERFRONT SINGLE FAMILY HOMES

 

   

Home prices for Charlotte area's waterfront single family homes have increased significantly year-over-year, up 17.3% on a rolling 12-month basis over 2021. Home prices for waterfront single family homes are about $250,000 more on average today than they were two years ago.

 

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This information about the Charlotte area waterfront properties on Lake Norma, Lake Wylie, and Mountain Island Lake is provided  by  Nina Hollander and Carolinas Realty Partners with Coldwell Banker Realty, Greater Charlotte residential real estate experts serving  Charlotte region home buyers and sellers for 20+ years.

 

If you're considering selling or purchasing a home in the Greater Charlotte region, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

 "The Right Broker Makes All The Difference."

 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Comments (18)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, at least you have large bodies of water even your City is landlocked.   We have a couple reservoirs, but that is about it.

May 27, 2022 08:45 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Nina,
That is some really interesting info about the lakes in the Charlotte area. I found lake living to be very therapeutic. Thanks for sharing.

May 27, 2022 08:52 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... man made lakes or not, I agree...it's better than nothing.

May 27, 2022 09:00 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Carol Williams hi Carol... I love water views... but I've never felt I loved them enough to pay the waterfront premium!

May 27, 2022 09:01 AM
Carol Williams

Waterfront has always been expensive I guess. When we bought our riverfront home in the mid-'80's it was the most expensive home sold in the county that year. It was worth every penny, though, because my husband loved it even more than I did.  It was like going to a retreat every day when I went home from work. The funny part of the story is we were considering putting in a swimming pool at our house and decided to shop around first. We ended up on the river.  It was not conducive to swimming... except when I fell off my water skis. LOL

May 27, 2022 09:16 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

I would love to live on one of those lakes.  Wow!

May 27, 2022 10:47 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ray Henson hi Ray... for a landlocked city, we have some gorgeous waterfront properties on those lakes.

May 27, 2022 12:01 PM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Hi Nina- we have been blessed to live on canals near the Intracoastal and loved it. 

May 27, 2022 02:29 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib hi Kathy... I've never lived near water except in San Francisco (obviously no water in Abu Dhabi!). In San Francisco I lived in a high rise overlooking the Bay Bridge and water, although it was often fogged in. When I moved to Sausalito I looked over the bay from atop a hill. It was lovely.

May 27, 2022 02:31 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina a waterfront home would be a life long dream for many Buyers, but with the way home prices are going up they are a dream become more difficult to come true.

May 27, 2022 03:30 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Lake Norman looks dangerous with all that shooting and warring factions Nina 

May 27, 2022 08:00 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto isn't that the truth, George... so many people have this romanticized idea of living on the water... then the romance disappears when they see how expensive it is.

May 28, 2022 05:05 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS hi Paul... Lake Norman is not exactly the Hatfields and McCoys! It's a gorgeous lake.

May 28, 2022 05:06 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is very good information to share with prospective home buyers.

May 28, 2022 05:46 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, anytime we have waterfront properties or stellar mountain views, there is a premium to pay! 

May 28, 2022 06:29 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thank you, Roy, for stopping by today. I know when you lived in Charlotte, these lake areas were still barely developed.

May 28, 2022 07:08 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox good morning, Joan... the waterfront and water view premium in the Charlotte area is huge... because it's a limited market.

May 28, 2022 07:09 AM
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Great post Nina Hollander, Broker something new to learn about waterfront living in Charlotte County. I enjoyed watching the youtube video with the aerial views. 

May 28, 2022 09:43 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Abby Stiller thanks, Abby... people are always surprised to find out we have waterfront living in Charlotte.

May 28, 2022 11:17 AM