Lake Norman Real Estate
Lake Norman was created in 1963 by Duke Power, and was named after retired Duke Power President, Norman Atwater Cocke. This town is 34 miles long, with 520 miles of shoreline stretching throughout four counties: Mecklenburg, Iredell, Lincoln and Catawba. Lake Norman is the largest man-made lake in the Carolinas and is often referred to as the "Inland Sea," located just 18 miles northwest of Charlotte. Nestled on its banks are the towns of Cornelius, Davidson and Huntersville, all of which provide a vast array of leisure amenities for residents and visitors, including upscale shopping, year-round golfing, fishing and exquisite Lake Norman real estate.
Lake Norman's easy access to major interstate arteries have made the region one of the fastest growing and most lucrative places for companies and their employees to reside. The retail landscape is diverse and provides a generous mix of shops and eateries. For NASCAR enthusiasts, the region is home to Mooresville, also known as Race City USA. The racing industry has seen tremendous growth in the last decade, with a resurgence in spectator interest.
Each town offering Lake Norman real estate has a rich history. For example, Davidson has always been a special place for those who live and work there, known as a safe and happy place to raise a family or simply retire. Davidson boasts a small-town atmosphere with a large-town character, as evidenced from the vast amenities and its close proximity to Charlotte. It is home to Davidson College, one of the leading four year liberal arts institutions in the country. In fact, the town was simply known as Davidson College during its first incorporation in 1879, but later became the Town of Davidson in 1891. Today, the population in Davidson is 7,139 with a median income of $78,370 and a median house price of about $270,000.
Huntersville, considered the fastest growing Lake Norman community, was established as a municipality in 1885 and named for one of its founding fathers. It was originally a farming town that cultivated cotton on large plantations. Textile mills brought more jobs and residents to the area in later years. There are still numerous historic homes intact and open to the public here in Huntersville, which is also home to a 650-acre Huntersville Business Park that boasts a vast array of businesses from offices to distribution centers. The population has grown to 24,960 with a median age of 33, and an average resident income of just over $70,000 annually. Today, the median house price in Huntersville is $182,800.
Cornelius offers a wonderful blend of old and new, with many recently renovated downtown shops, as well as many new shopping centers. Cornelius was once a textile town that has inspired development of high quality motels and restaurants with a reputation of serving up southern hospitality. Cornelius boasts a population of approximately 12,000, with an average resident age of 37. The median household income in Cornelius is just over $70,000, with a median house price of $236,500.
The Lake Norman region has experienced a phenomenal growth spurt in recent years making Lake Norman real estate highly desirable, which explains why more than 60,000 people are living along its shores. Several new urban communities have been built, and developers are increasingly seeing the promise in rehabbing old mills and downtown buildings to create unusual offices, retail centers and residential complexes. Residents can take advantage of numerous amenities such as many waterfront parks and public-access areas. Jetton Park and Ramsey Creek Park in the Cornelius/Huntersville area offer boat launching ramps, paved bike and walking trails, playgrounds, tennis courts and sandy beaches.
There are many golf communities, beautiful mansions and fantastic home sites available among Lake Norman real estate. The area is also home to an urban development with a mixed-use concept of retail stores, restaurants, theater, apartments, and is surrounded by single-family homes. For those looking for a low-maintenance lifestyle and a solid real estate investment, you'll find many waterfront condominiums and town homes available. Lake Norman executive homes range from $1 million plus and are available as inland or lakeside lots, depending upon individual taste. Designs gain influence from almost every major style of architecture, including everything from 17th century Mediterranean villas to a modern and contemporary living space.
To make the Lake Norman region your home and enjoy top-rated North Carolina real estate, contact the expert Realtors of the Re/Max Premier Team at (704) 714-6670 today.
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