Hot Properties: February 2018

In Cornelius

18906 Halyard Pointe Lane, Cornelius sold for $1.680 million

A lakefront home at 18906 Halyard Pointe Lane in The Peninsula has sold for $1.68 million after being listed at $1.725 million by Lori Jackson at Ivester Jackson Properties. The 5,483 square foot home, which was on the market 173 days, has been extensively updated. Assessed at $1.21 million, the house has two master suites and a media room. Debbie Monroe with Lake Norman Realty brought the buyers to the table. Mecklenburg County assessed the property at $1.2 million.

It’s a tear-down

This property at 6548 Pender Point, Cornelius has sold for $950,000. It has exceptional views of Lake Norman.

A modest, all-brick home on a great lot off Belle Isle Drive has sold for $950,000…and it’s a tear-down. Of course it’s waterfront with great views. Sandy Reynolds with Re/Max Executive at the Lake listed the house at $989,000. “The price was just for the land, it had over 300 feet on the water with a panoramic view,” Reynolds said. The property sold at a premium because it is waterfront, but not so big a premium—some of the waterfront lots are going for $1 million—because Duke Energy retains ownership of a strip of unbuildable land. Ultimately, all it means is that there will be a more rigorous approach to the footprint of the spec mansion that will be built in its place. Lori Jackson of Ivester Jackson Distinctive Properties represented the buyers.