Lake Norman Real Estate and NC Homes for Sale

It is rare in the world of Lake Norman real estate to meet a developer whose passion is to build and develop while focused on integrating their new homes/plans with the surrounding established neighborhoods; and with an overall vision to create a better sense of community for the entire Denver area. 

I had the pleasure of meeting with T.G Daniel, Jr. and Tom Daniel lll yesterday to hear about their short and long term plans for the Westport Club in Denver on the southwest side of Lake Norman.  I was extremely impressed with their vision for the future of the greater Denver area and their desire to improve the existing community through their plans for residential, recreation and commercial development.

In 2005, the Daniel's real estate development firm, Southern Home Management, purchased 250 acres in Denver on the west side of Lake Norman literally across the lake from the very end of Mooresville's Brawley School Peninsula.   

In addtion, they purchased 165 acres of land that was then the overgrown Westport Golf Course which had been closed since 2003.  The Westport Golf Course, now 40 years old, was the very first golf course built on Lake Norman way back in 1968.  The first thing the Daniel's did was to restore the beautiful golf course and reopen the Westport Golf Club much to the delight of all of the surrounding neighbors!

The  Phase I of the Westport Club housing development includes .5 acre+ lots for single family homes.  Home buyers can choose from The Heathers at Westport Golf Club by Southhampton Homes, The Heathers at Westport Golf Club by St. Lawrence Homes or they can bring in their own custom home builder.  Some lots are on the golf course or have golf course views.

The second community in Phase 1 is the urban and luxury town homes  by Meeting Street.  The 72 urban town homes start in the $130,000's and the 58 luxury town homes start in the $225,000's.  A model home is already available on site.

In the third community in Phase 1, there will be 72 one-story patio condominiums.  The home builder, WKB Properties, will be creating 4-unit buildings that will be designed to look like one large single family residence.  As of now, the plans range from 1560 - 2100 square feet and will include all maintenance.  A great place for active adults to enjoy a relaxing Lake Norman and golf club lifestyle!

  One of the most exciting parts of Phase 1 is going to thrill many residents around the entire Lake Norman area but especially the west side:  The Club at WestPort! .  Finally, Lake Norman will have a complete tennis, swim and fitness center whose focus will be on family, single and senior memberships for those looking for true, organized competitive tennis and swimming as well as fitness and training. Run by Robbie Smith of the Charlotte Racquet Club, this facility when complete will have a 5000 square foot club house, 8-13 clay tennis courts, a junior Olympic size pool (the only one planned on the west side of Lake Norman), splash park and 24 hour access to a fitness center. 

Did I mention that this wonderful Westport Community is conveniently located about 20 minutes north of Charlotte?

In future articles I will write in more detail about the Westport Golf Club, walking trails, nearby amenities and Phase 2 of this exciting development!

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Relocating to Lake Norman

When one thinks of Cornelius NC images of gracious homes in The Peninsula and along the Lake Norman waterfront, upscale shops and services and a casual lifestyle come to mind.  But, there is a giant coming to town!

Controversial since it's inception, The Village at Lake Norman  got approval for a conditional-use permit by the Cornelius commissions back on April 24th by a slim vote of 3-2 after years of meetings with the town staff, planning board and community residents.  In May, Cornelius Bromont LLC announced it had completed the purchase of 104 acres in Cornelius for the future site of the Village at Lake Norman, the largest real estate development in the community's history.  (Not unlike Langtree at the Lake in Mooresville).

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I remember when Mooresville's Legacy Village  was just some large renderings under a tent on Williamson Road for Realtors to preview.  Today I took the photo above of Phase 1.  As you can see, one row of town homes is complete and construction is well underway on the next block.

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Not two days after one of my out-of-state buyers asked me about how the housing slowdown has effected Lake Norman builders, the lead article in The Charlotte Observer's Business Section was:  "Housing slump slams Mecklenburg builders.  In a signal of the market's steep decline, building permits are off 40% from 2007."  The article went on to say:

• Permits fell 30% below the lowest level in the last decade
• Permits for the 8-county Charlotte area fell 49% in the first half of 2008 and 52% for the second quarter compared to the same periods last year according to Market Opportunity Research Enterprises.
• Nationally, construction permits are at a 17-year low!

Lake Norman permit statistics aren't available yet so I thought I would go to the MLS and do a quick analysis of new construction versus re-sale listings and sales.  Here is what I found:

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Don't let the last phase of the Historic Downtown Mooresville street beautification keep you from exploring and enjoying an amazing array of new shops, art galleries and restaurants!  If you haven't been downtown in just 6 months you will be amazed at the changes!  Most of the historic buildings have had beautiful face-lifts, the sidewalks and crosswalks have inlaid bricks, the park next to the Mooresville Artist Guild Depot has brand new landscaping and there is new signage and lamp posts.

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