Answer the Lure of Lake Norman
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From the moment 520 miles of shoreline were created with the filling of Lake Norman in the 1960s, the body of water has been a strong lure for boaters, fishers and vacationers. Almost immediately second and summer homes began to pop up around the lake, and even after four decades the area still exerts a strong pull.
“When the lake was first created it was really more of a second-home market, for people who lived in Charlotte or Statesville who wanted a weekend place,” says Abigail Jennings, president of Lake Norman Realty. “But over the years it’s become a primary-residence location, and that’s continued as the cities around here have grown, making it easier to live here and get to work from here. Now that there’s everything you might need here, most of the residences are occupied full-time.”
The summer and weekend market is still well represented, however, in the condominium developments that began popping up in the 1970s and really boomed in the 1980s. There’s also some available land on the lake, mostly at its north end, but a few pockets here and there in the more developed south, as well.
“Up north it’s starting to develop, but there’s still a real ‘old river’ feel up there versus the wide-open lake feel at the southern end,” Jennings says. “But there are lots all over, just some not as large as the others.”
With Lake Norman referred to by the locals as ‘a wonderful place to live, work and vacation,’ Jennings says it’s an easy sell – even in a tough real estate climate.
“Some people might want a condo, someplace with no maintenance where they can drive in, get out of the car and be out on the lake, while others might want a secluded, beautiful smaller home,” she says. “There’s all that and more here, from around $500,000 up to $3 million, $4 million at the top end of the market. It really is all over the board, and there are people interested in every aspect of it.”
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Story by Joe Morris
