Distressed Waterfront Properties on Lake Norman.
Unfortunately, Charlotte, NC was hit hard because of the banking industry many changes. This in turn has hurt the luxury housing market in the Lake Norman area.
In my recent search of homes that are in Short Sale status or foreclosure I have found 18 Luxury Waterfront homes. In past times some of these homes would have priced well over a million or more.
I can remember that for many of us it was only a thought to be able to afford lakefront living. Lots alone were well over $200,000.
Lake Norman is a beautiful man made lake that covers over 500 miles of shoreline. Duke Power created the lake and has done a great job balancing the growth and keeping its natural beauty. Their are a number of islands that boaters take advantage of, as well as, great fishing holes for the anglers.
Lake Norman is also home to the Professional Anglers Association (PAA) Tour Event and American Bass Anglers Divisional. Just to name a few fishing events.
If you are looking for affordable waterfront living make sure to get off exit 25 - exit 36 when driving North or South on I-77.
Mike Carpino
Mike@LakeAndTown.com
704-301-9264
