The Angle – Page 35 – New Angle Realty

January 28, 2016

Reavencrest: Great location & lifestyle

The Pulte-built Ballantyne neighborhod of Reavencrest is conveniently located between Rea and Tom Short roads. The enclave of homes has been a popular destination for families since its construction in the early 2000s.

There are 5 neighborhoods within Reavencrest, each with its own unique characteristics. Those subsections are The Arbours, an enclave of patio homes with maintained lawns; The Terrace Townhomes; The Cascades; The Laurels; and Preserve at Reavencrest.

One of the obvious reasons to choose Reavencrest is its ideal location close to everything in Ballantyne. Both Blakeney and Stonecrest are within walking distance for shopping and dining. Ballantyne Village is a mere 5-minute drive from home. Citywide travel is convenient with I-485 access from Rea or Johnston roads, as well as back-road travel via Providence and Park roads.

Homes in Reavencrest average between $200,000 and the low $300,000s. Neighborhood amenities include a pool, tennis courts, clubhouse and fenced playground.

During the last year, an average of 1.5 homes per month have sold in Reavencrest. Currently, there are 4 homes listed for sale in Reavencrest, putting inventory at approximately 2.7 months.

Eighteen homes sold in Reavencrest during the last 12 months and closed for an average of 98% of list price. The highest sold price was $314,000 and lowest price was $214,500.
The average sales price is $280,300 and $126 per square foot.

Reavencrest is zoned for Polo Ridge Elementary, Jay M. Robinson Middle School and Ardrey Kell High School. All are within 2 miles of the neighborhood.

The variety of home choices and fantastic location make Reavencrest a great choice for everyone in search of a new place to call home!

January 20, 2016

Spotlight on Baxter Village

Baxter Village put northern York County on the map as a Charlotte-area bedroom community when Clear Springs Development broke ground on the 1,450-home mixed-use plan in 1998.

It’s been 18 years and Baxter Village is more than a bedroom community. It’s a self-sustaining destination outside metro Charlotte that offers residents all the amenities of big-city life without having to leave home. Water access on Lake Wylie is easy, too, with a boat ramp 2 miles away on Dam Road.

The neighborhood, which surrounds Baxter Town Center, covers more than a 1,000 acres and has miles of walking trails and 500 acres of open space and parks. Baxter Town Center’s restaurants, shops and offices contribute more than $14 million annually to the economy, according to the Clear Springs Development web site.

The village is made up of both custom and production homes from a variety of builders. Very few new homes are going up in the neighborhood, as it was officially completed in 2013, however, there is a new custom home completed this year currently listed for close to $1 million in the pocket neighborhood of Riverwalk.

There are a variety of home plans and sizes from which to choose. The smallest homes currently listed for sale are in the 1,700-square-foot range. The largest is over 4,500 square feet. Ages of homes vary greatly as well; The village’s first-ever new home sold in 1999.

In the last 12 months, an average of 6.7 homes sold per month. Currently, there are 22 homes on the market in Baxter Village, which is approximately 3.2 months inventory. That’s below the 5 months for all of Fort Mill and well below the almost 7 months inventory for York County.

The average sales price for the last 12 months is just shy of $400,000, with an average price per square foot of $148.48.

The 81 homes that sold during the last 12 months sold for an average of 98% of list price.

With all it has to offer, it is hard to find a reason not to visit Baxter Village! For more, visit Baxter Town Center.

January 20, 2016January 20, 2016

City Council OKs SouthPark redevelopment

The face of SouthPark is set to grow and change again after the City Council approved Jan. 19 a redevelopment plan that would raze and redevelop The Colony apartments, adding hotel, retail and residential space.

The $400 million plan passed unanimously, even with council members’ concerns regarding impact on the already-congested area. The new planned space will include more affordable housing and benefit the area, according to a Charlotte Observer report.

Fifty-five of the proposed 990 apartments will be designated affordable housing by the developers, the report said.

The project will turn the 27-acre, 353-unit Colony apartments into one of the largest mixed-use projects in the city.

In addition to building changes, the project will improve surrounding streets, traffic lights, turn lanes and pedestrian crossings.

Approved in the plans is a “225-room hotel, 250,000 square feet of office space and 300,000 square feet of retail space, including a grocery store,” the report said.

Construction could begin early 2017. The first phase would most likely include a grocery store, retail and apartments.

For more, see The Charlotte Observer report.

January 18, 2016

Great living, location in Providence Country Club

Golf, fine dining, great shopping and spa pampering are all convenient when home is Ballantyne’s Providence Country Club.

Located south of I-485 and just north of the Union County border, Providence Country Club has luxury homes on mature lots. The country club, established in 1989, offers members a myriad services, including a pool facility, an 18-hole Dan Maples-designed golf course and a clubhouse.

Not far from home, shopping at Blakeney, Stonecrest and Ballantyne Village are all less than 10 minutes away. Traveling north toward Uptown is convenient via I-485, Providence, Rea and Park roads.

Homes in Providence Country Club typically range from the mid-400s to over $1 million. The highest sold price for the last year was $1.02 million and lowest was $468,000. The 38 homes that sold in the last 12 months sold for an average of 97.3% of list price.

The average sales price for the last 12 months is $684,287. The average price per square foot is just shy of $159.

Currently, there are 12 homes on the market in Providence Country Club, of which, only 2 are under contract. An average of 3.2 homes sold per month during the last 12 months, putting the neighborhood’s inventory at approximately 3.8 months.

Nearby Vanderbilt at Providence has 5 months inventory, while all of Charlotte and Mecklenburg County have 3.5 months inventory each.

The Ballantyne area has come a long way since the land started being heavily developed in the early 1990s. The addition of Ballantyne Corporate Park and more shopping destinations put Ballantyne on the map as a self-sustaining suburb. Now more than ever, Providence Country Club is a great destination for living and playing in South Charlotte!

January 14, 2016January 14, 2016

Destination Uptown: Housing, entertainment on the rise

If you lived in Charlotte in 1994 then you might recall the Final Four coming to the Queen City. In an effort to liven Uptown, which became a veritable ghost town after 5 p.m. and completely lacked a pulse on weekends, the city erected pop-up entertainment venues for visitors.

The Final Four lit the proverbial match under the city to start thinking about creating a thriving downtown area. Since then, it’s been a whirlwind of growth.

The city has lost and regained its NBA team and added an arena for the minor league baseball team. Housing, restaurants and entertainment venues have grown in leaps and bounds.

According to the 2015 State of the Center City report, there is more than 300,000 square feet of retail space in planning or construction stage; more than 1,600 hotel rooms in planning or construction; and 28 residential projects planned or under construction.

There are now more than 232 restaurants and clubs Uptown. Upscale Essex Bar and Bistro is set to open in March at 101 S. Tryon. Just this week ground broke on a new 22-story hotel tower to rise above the entertainment and dining complex EpiCentre.

According to the city’s report, the population of South End and Uptown has grown more than 300% for residents ages 20-34.

There are currently 159 residences listed for sale in Uptown, including 4 single-family homes in First, Third (2) and Fourth wards.

Thirty-two of the listings are for pre-sales for space in the new 1Brevard condominium tower that is still in planning stages at the corner of Brevard and Fourth streets. The 174-unit building will include one-, two-, and three-bedroom condos ranging in size from 687 square feet to 3,197 square feet. Prices start in the $400,000s and exceed $1.5 million.

The newest mixed-use housing tower SKYE condominiums has 13 units available, including one of its two nearly 3,800-square-foot penthouses for $2.35 million. The other units range from 2,077 square feet listed for more than $918,000 to 848 square feet for $315,000. Four of its smaller units are already under contract.

Two of the more established housing towers, Courtside and The Ratcliffe, have a combined 17 spaces available. Courtside, which, as its name implies, is situated adjacent to Time Warner Cable Arena, was completed in 2006. The 10-story Ratcliffe was completed in 2002 and is attached to Overstreet Mall and overlooks The Green park space on Tryon.

The housing growth continues rising to meet the demand of people who want to live and work in Uptown. Gone are Charlotte’s days as a 9-to-5 city!

January 12, 2016January 14, 2016

Mountainbrook: SouthPark’s hidden gem

Drive into one of Mountainbrook’s two entrances off Sharonview Road and you’d never know you are only a few minutes from SouthPark Mall, Phillips Place and the hustle and bustle of Sharon and Fairview roads.

It’s a quick drive to SouthPark and just 10 minutes from Uptown. In addition, the private Mountainbrook Swim & Racquet Club is right in the neighborhood. Members can play tennis or swim recreationally or competitively. The club also keeps an active social calendar of activities for children and adults.

Entering Mountainbrook, visitors will notice the topography changes drastically. The flat, urban areas give way to heavily wooded lots with streets that meander along hilly terrain carved by stream beds. As a result, you won’t find your sprawling grassy back yard here. Most back yards are steeply sloped and heavily wooded.

Homes in Mountainbrook primarily were built in the 1950s to 1980s and display the architecture of their era – from a few quirky A-frame-style homes that appear to float in the treetops to fabulous mid-century homes renovated true to the era. There are also traditional ranches and some 60s Georgians.

Currently, only 1 home is on the market in Mountainbrook, and it is under contract. An average of 1.6 homes sold per month in Mountainbrook during the last 12 months. That is less than a month’s inventory for the neighborhood. Nearby Giverny has 6 months of inventory. Charlotte and Mecklenburg County have 3.9 months inventory.

The highest sold price for the last 12 months is $560,000. The lowest sold price is $225,000. The average off list price for the 19 homes sold in the last 12 months was 3.1%. The average sales price is $412,874, with an average price per square foot of $145.35.

If the charm of an older home is more your style then take a drive through Mountainbrook. One of the most important home-buying choices is location and Mountainbrook is one of the best in Charlotte!