Lake Norman is the largest man-made lake in North Carolina at over 34 miles long and as wide as 8 miles across. With over 500 miles of coast line Lake Norman sports more waterfront property than the North Carolina and South Carolina coast combined. I-77 connected the lake to Charlotte in the 1970’s, and the development began in the 80’s picking up speed int eh 1990’s-The availability of waterfront property and Lake Norman’s proximity to Charlotte drive the increased demand for real estate on Lake Norman.
There are 4 towns that run along the east coast of Lake Norman. They are Huntersville, Cornelius, Davidson & Mooresville. The Lower Lake towns are all in Mecklenburg County, while Mooresville is in Iredell County. Each has an “old side” typically east of I-77, and a “new side” west of I-77 and closer to the lake.
Median Home Sale Prices – Lake Norman
What’s Your Lake Norman Home Worth?
Of course, this is only a guide. For the most accurate home valuation, we recommend a short preview appointment with one of our local real estate experts to include adjustments for any improvements as well as the features and condition of the home. These preview appointments usually take about 10 minutes. To setup your free preview (and recieve the most accurate home valuation) give us a call at (704) 351-1519.
Each town offers a unique take on Lake Norman living; let’s take a look: Huntersville
Huntersville, NC consisted of farms just 20 years ago; When I move here in the early 1990’s, Exit 25 had a service station- the area has developed briskly along Exit 23 and Exit 25 off of Interstate 77. It has consistently been named to “Money Magazines Best Places to Live” since 2000 because of its good values, schools and lifestyle.
It’s proximity to Charlotte and Lake Norman has made it an ideal place for many families who work in Charlotte but want to play at the Lake. Presbyterian Hospital at Exit 23 was a wonderful addition to the growing area and beautiful Birkdale Village at Exit 25 opened in the early 2000’s with great fan fare and is still some of the best shopping in the greater Charlotte area. (Every new shopping center seems to be “just like Birkdale.”) The new Northlake Mall is just an exit below.
Cornelius, until recently, was a farming community near Lake Norman. Real estate development in Cornelius has taken on a life of its own with several of the best waterfront communities in the state. Communities like The Peninsula and Antiquity are redefining Cornelius as one of the best areas in Lake Norman to find new and custom homes. Cornelius is located just south of Davidson, only 20 miles from uptown Charlotte.
A university town 5 minutes to Lake Norman, Davidson is undergoing a transformation with two new hotels right at Exit 3o. Long known for its hi-quality liberal arts education, and basketball tradition, this small town grows and gets better with age. It was named to a list of “New Ivy League School” by Newsweek in 2007 along with the University Of North Carolina at Chapel Hill. Davidson found its way to the national headlines during the 2008 NCAA tournament as the Wildcats engineered a deep run into the tournament with the quality guard play of Stephen Curry.
At the top of Lake Norman, Mooresville is known for its wonderful lake communities, terrific waterfront homes, high quality schools, and until recently a quieter, more easy going lifestyle. As its popularity increased so did rush hour congestion, but relief is coming to Brawley School Road in a road expansion (moving telephone lines now). Improvements to Rt 16 to the west are also already well under way.
The most famous Mooresville community – the Point, remains by most measures the finest waterfront-golf community in the Carolinas, with homes starting at around $900,000, quality waterfront homes from around $1.5M. It’s nick-name? Race City USA — home of NASCAR.
What’s my Lake Norman home worth?
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Davidson, NC is a unique community that is centered around the premiere Davidson College. Not only does Davidson provide a college town atmosphere, but many of the communities have lakeside properties. Lake Norman will always be just a short trip away or even sitting in your backyard! The community is also a historic district established in 1837. Standing just 20 miles north of Charlotte, NC, this small town has everything to offer a new or relocating family!
Things To...Continue Reading!
Market is up, even as waterfront lags behind.
Home prices edged up year over year 2%*, and the number of home sales was WAY WAY UP at 70%!
As we dig into the numbers, I found Cornelius at Lake Norman is like most lake communities- there are really two markets, the waterfront market , and all the rest.
Waterfront Homes at 2005 Prices
After rising in 2012 to sold prices of 255/sf, they have fallen in sales since 2013 to 233/sf
representing an 8.6% drop in price per square foot. A...Continue Reading!
Summer 2012 Home Sales Up Prices Too!
Huntersville is strategically located off I 77 at the bottom of Lake Norman and just 13 miles north of Uptown Charlotte. Named by Forbes Magazine as the 2nd most popular relocation city, Reloville in 2009, Forbes found that 2 out of 3 were from another state, and that 30% had moved there in the preceding 5 years . Not retirees either but a diverse and educated populace
I use the Carolina MLS for our home...Continue Reading!
Lake Norman Living
The Lake Norman area offers a unique living experience- One part suburb, (nearby Charlotte), one part resort, and one part college town... where else can take a Ghost walk one day, stop in to a waterfront wine shop, and water ski or wake board from late April through October? Lake Norman is the largest fresh water lake in North Carolina, a boater and angler's playground. Did I mention catching a Division I basketball game in the winter, or...Continue Reading!
A Deep Market Huntersville Homes Report for First Time Home Buyers to Luxury Home Buyers.
Market Direction- Strong Buyers Market in Huntersville*
Huntersville is a popular town 10 miles north of Charlotte NC, and at the bottom of Lake Norman... where the "lake area" begins, Huntersville changed from a small farming community to one of the Charlotte area's fastest growing suburbs. Huntersville a became known for its high quality of life-winning Best Place To Live in Money Magazine a few years ago,...Continue Reading!
"How good is the real estate market in Birkdale?" or asked another way, "Am I safe investing in Birkdale?"
Huntersville, NC This is the question a client asked me last week. Birkdale has been a consistently strong real estate performer over the years, and it isn't a surprise since Birkdale is the centerpiece of modern Huntersville, a city named to Money Magazines "Best Places to Live in America" twice this decade.
My client's offer was accepted on the Birkdale home last week,...Continue Reading!
Charlotte's Northern Neighbor Has a Terrific Park in Jetton Park
by Kelli Robinson Kelli is a freelance writer, mother of two and resident of Mooresville NC, guest posting on CharlotteCommunitiesOnline.com.
Last weekend, my husband and I took the kids to Jetton Park, by far my favorite park in the Lake Norman- North Charlotte area. From Interstate 77 it is conveniently located between Huntersville and Cornelius (Exits 25 and 28). When we first moved here in 2006, I ventured to Jetton because...Continue Reading!
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