Living on Lake Norman
Lake Norman is a vibrant destination for residential real estate, offering a wide range of home styles for first- and second-home buyers. Whether homeowners desire a cozy cottage or a spacious waterfront estate, living on Lake Norman allows you to wake up each morning to breathtaking views and exciting activities.
A Diverse and Exciting Location
Originally created in the 1960s for hydroelectric power, Lake Norman has become a sought-after recreational spot for Charlotte residents and a vacation destination for people across the country. The recent increase in remote work and the convenient commute to Charlotte, aided by the toll lanes on Highway 77, has resulted in more full-time residents settling on the lake.
Lake Norman has also attracted buyers from different regions, such as former snowbirds and retirees who left the Northeast for Florida but became dissatisfied and now seek a temperate climate with four distinct seasons. Buyers from the Midwest and Pennsylvania are also drawn to the idyllic lakeside setting and milder climate.
A Popular Lake Destination
Lake Norman’s popularity has led to increased development, with most homeowners living near the lake due to limited available land. Builders often purchase teardown homes with lake frontage to construct custom or spec homes, often with prices ranging in the millions.
The demand for lakefront properties has surged since the pandemic, with more people seeking year-round resort living and outdoor amenities. In 2020, Lake Norman’s luxury market experienced significant growth, with 358 homes selling for $1 million or more compared to 213 in 2019. Notably, a waterfront mansion was listed for $16 million, and a family compound on a private island is asking $22 million.
A New Chapter on Lake Norman
For those interested in new construction directly on the lake with easy access, Lakeside Pointe on Lake Norman is worth exploring. This remarkable community, situated just off Highway 150 in Sherrills Ford, offers all residents access to the lake along a scenic mile-long peninsula.
Among the 217 planned homes, 46 will be directly on the lake, and 37 will offer lake views. All homeowners can enjoy two miles of lakeside walking trails, community boat docks, and a comprehensive amenity center located on a peninsula extending into one of the most pristine coves on Lake Norman. The homes at Lakeside Pointe are designed with modern influences to cater to today’s lifestyles, providing a variety of home styles and sizes that create an authentic neighborhood atmosphere.
Lakeside Pointe is an ideal choice for those seeking architecturally distinctive homes in a well-designed community. As Highway 150 expands, more homebuyers are drawn to the quieter side of Lake Norman. These buyers are looking for more than just a redeveloped house near the lake; they desire a community where they can connect with neighbors, enjoy a range of amenities without the hassle of maintenance, and fully indulge in Lake Norman’s offerings.