Lake Wylie Sets New Record with $5.6 Million Home Sale

News Summary

In a groundbreaking sale, a Lake Wylie home sold for $5.6 million, marking the highest price ever in the Charlotte area real estate market. This luxurious estate spans 17,000 square feet on 11 waterfront acres, featuring seven bedrooms, eight bathrooms, and a guest house. The sale reflects the growing demand for high-end homes in Lake Wylie, with several properties recently exceeding $1 million. As the market flourishes, Lake Wylie continues to attract a wealth of luxury properties, drawing interest from buyers seeking serene lakeside living.

Lake Wylie Hits the Million-Dollar Mark with Record Home Sale!

Big news for Lake Wylie and the greater Charlotte area! A stunning home just sold for a jaw-dropping $5.6 million, setting the record for the largest square-footage home sale ever in the Charlotte market. This impressive estate stretches out over a whopping 17,000 square feet and is nestled on 11 gated, waterfront acres in the desirable Sweetleaf Place neighborhood of Lake Wylie.

Making Waves in the Real Estate Market

This eye-catching sale was confirmed by a representative from Premier Sotheby’s International Realty, which means it’s as official as it gets. The estate was exclusively marketed by a dedicated broker who truly knows his stuff—Ben Bowen from the Lake Norman-Cornelius office of Premier Sotheby’s. The buzz around this property has been buzzing for quite some time, but this sale truly takes the cake!

What’s Inside This Dream Home?

Let’s dive a little deeper into what makes this home so special. Built back in 2008, the estate boasts features that practically ooze luxury. With seven bedrooms and eight bathrooms, there’s plenty of room for family and friends to stay and enjoy the beauty of Lake Wylie. And let’s not forget the additional 1,514-square-foot guest house—perfect for hosting visitors.

Among the incredible design choices by local architects, the home showcases tray and vaulted ceilings, which give it an airy feel. The culinary enthusiasts will also appreciate the well-equipped kitchen featuring a walk-in pantry and a classy wet bar. Other luxurious touches include an elevator and a variety of flooring options, such as carpet, slate, stone, tile, and wood. Ready to entertain? This home has a total of 39 rooms to fill with laughter and fun!

A Bit of History

The previous owners of the estate, Wayne and Betty Gorell, fell in love with true lakefront living and all it has to offer, including breathtaking views and a coveted sense of privacy. However, with their grandchildren now grown, they felt that the space was perhaps a bit too large for their current lifestyle.

Though the identity of the new owners remains a mystery, it has been noted that they hail from out of state and are not particularly high-profile individuals.

Lively Real Estate Market in Lake Wylie

This record-setting sale highlights the vibrant real estate market in Lake Wylie, which has seen a surge in luxury properties selling for over $1 million recently. Just in July, 16 homes in the area sold for $1 million or more! Other notable sales include a gorgeous $2.8 million property also in Lake Wylie and several commercial and residential properties in the nearby Rock Hill area that achieved prices beyond $2 million.

Speaking of commercial properties, even a Planet Fitness in Lake Wylie sold for an impressive $4.8 million, showcasing the demand in the region.

As the local real estate market heats up, former Carolina Panthers player recently listed his own Lake Wylie estate for $5 million following his trade to the Chicago Bears—an announcement that fans have described as bittersweet.

What’s Next for Lake Wylie?

With the real estate landscape continuing to change, Lake Wylie seems to be a hotspot that’s only going to grow in popularity—especially with properties like this one setting the bar ever higher. Anyone looking for their dream home might just find it among the stunning lakeside estates on the market. For now, as the dust settles on this incredible sale, one thing is for sure: the charm of Lake Wylie is here to stay, and so are the luxury homes that call it home!

Deeper Dive: News & Info About This Topic

HERE Resources

Former Panthers Wide Receiver D.J. Moore Lists Lakefront Home for $5 Million

Additional Resources

Author: HERE Charlotte

HERE Charlotte

Share
Published by
HERE Charlotte

Recent Posts

Charlotte Man Arrested for Attempted Liquor Store Heist

News Summary A 27-year-old man from Charlotte was arrested after a daring attempted robbery at…

10 hours ago

North Carolina’s Surge in Popularity for New Residents in 2024

News Summary North Carolina is becoming a top destination for new residents in 2024, with…

10 hours ago

Charlotte’s New Mission: Supporting Small Businesses

News Summary Charlotte has launched the 'Corridors of Opportunity' initiative to support small businesses in…

10 hours ago

Charlotte Faces Housing Market Challenges Ahead of 2024

News Summary As Charlotte approaches 2024, its housing market encounters various challenges, including privacy concerns…

10 hours ago

Three-Alarm Fire at Charlotte Storage Facility

News Summary A three-alarm fire erupted at a storage facility in southwest Charlotte on Monday…

10 hours ago

Whataburger Set to Open in Charlotte in March 2025

News Summary Whataburger, the beloved Texas burger chain, is expanding to Charlotte, North Carolina, with…

10 hours ago