Archive for the 'Luxury and Second Home Market' Category
Beautiful Maggie Valley Log Home, Spectacular Views, REDUCED $101,000.
June 30th, 2008 Categories: Luxury and Second Home Market, Maggie Valley Market Reports
The views from this ‘oversized log home’ in Maggie Valley were so beautiful, and truly breath-taking, that I didn’t want to leave when we finished our cookie cutter ‘realtors on caravan’ tour a couple of months ago. Selling my soul to stay up there came to mind. (No, it is not my listing, darn it.)
The price of this home was reduced on June 16th by $101,000 to $899,000 (MLS #413357). The [winter] photos posted for the listing do the home no justice (sorry, but that’s my opinion). This home is in Country Club Cove Estates in Maggie Valley, at 4200′ on a level ridge lot, and guest quarters that sleep 16… or your spouse!
There are more spectacular luxury homes for sale hidden here in the mountains of Western North Carolina, and with the overabundance of inventory here and almost everywhere, price reductions and deals are ripe for the picking. If only I had a trust fund…
See my Haywood County, NC Archive of Market Reports.
See my Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Broker/(REALTOR®)
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Brokers’ Open House at The Ridge at Sunset Heights, NC.
May 21st, 2008 Categories: Developments and Subdivisions, Luxury and Second Home Market
Views, craftsmanship, barbecue and weenies… what a pleasure to be invited to preview:
©Susie Blackmon Photos
See The Ridge At Sunset Heights Gallery and Video.
Search the Haywood County, NC MLS.
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Looking for Land in Maggie Valley, NC?
May 9th, 2008 Categories: Luxury and Second Home Market, Maggie Valley Market Reports
There are 248 active land listings in Maggie Valley, NC today. The ‘picture’ market report below breaks out Maggie Valley land listings by subdivisions. (Photo used with market report taken from Cataloochee Ranch.) Statistics for all 248 listings are:
Land for Sale with Creek Feature.
A search for land available with a creek in Maggie Valley yielded 34 active listings, ranging in price from $27,000 (.28 acre) to $3,336,000 (278 acres).
Average Listing Price (Land with creek feature) = $466,244
Median Listing Price (Land with creek feature) = $117,400
Average Days on Market (Land with creek feature) = 234
Source: MLS. Data deemed reliable but, not guaranteed.
Land Sales/Closings in 2008.
Land sales in Maggie Valley during 2008, to date, total 7:
Land sales in all of Haywood County, NC during 2008, to date, total 72:
Source: MLS. Data deemed reliable but, not guaranteed.
Don’t want to buy some land and build? Note that the active residential listings in Maggie Valley today total 264. Haywood County, NC residential listings offer 1,114 homes for consideration today.
See Haywood County, NC Active Listings by Price Range as of 05/05/08.
See the Haywood County, NC Archive of Market Reports.
See the Maggie Valley, NC Archive of Market Reports.
Search the Haywood County, NC MLS.
Want a custom market report? Just let me know.
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Are There More Million Dollar Homes for Sale in Haywood County, NC?
May 5th, 2008 Categories: Haywood County Market Reports, Luxury and Second Home Market
We have 1,099 homes listed on our MLS as of May 5, 2008 (as opposed to 1,031 on April 04, 2008).
If you are considering buying a home in Haywood County, NC, or if you are considering selling your home, the numbers below will give you an idea of the inventory available at the present time by price range.
If you are a builder, here is the present active inventory.
Looking to buy a home in the million-plus price range? We now have 35 exquisite, unique mountain homes for your consideration. Last month, there were only 32!
Source: MLS. Data deemed reliable but, not guaranteed.
See Homes on the Market by Price Range as of April 4, 2008.
See First Quarter 2008 Statistics for Haywood County, NC.
See Haywood County, NC Real Estate Information Archive.
Search the Haywood County, NC MLS.
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Looking to Live in a Luxury Home in Maggie Valley, NC?
April 20th, 2008 Categories: Luxury and Second Home Market
A search this morning for luxury homes for sale in Maggie Valley priced between $1,000,000 and $5,000,000 produced 6 active listings in that range. Generous square footage and dramatic, long range, expansive views are prevalent with these luxury listings, not to mention being custom built on unique lots, each listing on a lot at least one acre in size. Five of the homes were priced between $1,000,000 and $2,000,000; 1 was priced at $3,890,000.
Features.
A few of the luxury features and descriptions for these exquisite mountain homes which caught my eye include:
- Custom built log homes.
- Built-in wine coolers and cellars.
- Fireplaces in the master bedrooms.
- Spectacular views.
- Stream rock fireplaces.
- Granite counter tops.
- Stainless steel appliances.
- Jet tubs.
- Private entries.
- Game rooms.
- Exercise rooms.
- 10-car garage.
Luxury Home Sales in Maggie Valley.
During the last 15 months, there have been 3 sales in the price range between $1,000,000 and $5,000,000 in Maggie Valley; 1 sold at $1,200,000, 1 at $1,300,000, and 1 at $1,600,000. All three of these sales closed during January of 2007.
See the Maggie Valley Market Reports archive.
Search the Haywood County, NC MLS.
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Are You Considering Buying a Second Home?
April 11th, 2008 Categories: Luxury and Second Home Market
Maggie Valley, NC is lucky to be a favorite ’second home’ destination. This year in particular will be a great year to find and buy your second home, considering the interest rates, number of homes on the market due to the market slowdown, and the ‘adjusted’ pricing of homes in the present market.
Click here to read a great ‘second home’ article from the New York Times.
See a Maggie Valley, NC slideshow.
Search the Haywood County, NC MLS for your second home in Maggie Valley.
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How Many Million Dollar Homes are for Sale in Haywood County, NC?
April 5th, 2008 Categories: Haywood County Market Reports, Luxury and Second Home Market
We have 1,031 homes listed on our MLS as of April 4, 2008, up from 987 as of March 4, 2008, an increase of 44 homes. If you are considering buying a home in Haywood County, NC, the numbers below will give you an idea of the inventory available at the present time by price range.
Looking in the million-plus price range? We have 32 exquisite mountain homes for your consideration.
See First Quarter 2008 Statistics for Haywood County, NC.
See Haywood County, NC Real Estate Information Archive.
Search the Haywood County, NC MLS.
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What new luxury and second-home developments are being built in Maggie Valley, NC?
January 29th, 2008 Categories: Developments and Subdivisions, Luxury and Second Home Market
Maggie Valley, NC has about 12 new developments in the works. The real estate market in Maggie Valley caters to the second-home buyers as it is a town that people want to come back to time and time again, until they can move here to live full time. Most of the new developments are comprised of upper-end luxury homes and condominiums, some featuring creekside living, some featuring mountain views. Here is a recently-compiled list of the new developments:
• Katua Falls: Residential development at Cardinal Drive and Melody Lane. Size: 28 single-family lots. Price: $60,000 to $100,000.
Status: Final approval, no building permits issued.• Smoky Mountain Creekside Villas: Condominium complex on Soco Road. Size: 48 units. Price: Unknown. Status: Final approval, no building permits.
• Brookside Villas: Condominium complex on Moody Farm Road. Size: 42 units. Price: starting at $325,000. Status: Final approval, no building permits.
• Newland Condominiums: Condominium complex on Soco Road. Size: 36 units.
Status: Preliminary approval.• Mountain Watch: Single-family lots on Brannon Forest Drive. Size: 33 single-family lots. Status: Preliminary approval.
• Twinbrook: Single-family lots on Twinbrook Drive. Size: 64 single-family lots.
Status: Preliminary approval.• Whisper Creek: Single-family lots on Range Drive. Size: 21 single-family lots. Price: Between $109,000 to $300,000.
Status: Preliminary approval.• Olde Towne Village: A planned unit development on Moody Farm Road. Size: 23 lots. Status: Preliminary approval.
• Maggie Valley Club: Chestnut Cove Phase II: Cottages at the Maggie Valley Club. Size: 20 cottages. Status: Final approval, no building permits.
• Maggie Valley Club: Scarlet Oaks Phase II: Small subdivision at Maggie Valley Club. Size: 6 lots. Status: Final approval, no building permits.
• Mountain Joy: Small planned unit development on Setzer Cove Road. Size: 12 lots.
Status: Preliminary approval.• Wolf Creek: Single-family lots on Driftwood Loop. Size: 12 single-family lots. Price: Homes from $300,000 to $550,000.
Status: 92 percent built out.• La Bella Vita: Small duplex development on Caldwell Drive. Size: 6 units. Status: Preliminary approval.
Source: Maggie Valley Planning Department.
Bucking the Real Estate Trend will keep you advised of the progress of the new developments, with pictures soon to follow.
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Tips to help you sell your high-end, luxury home in Haywood County, NC.
January 19th, 2008 Categories: Luxury and Second Home Market
There have been 12 new residential real estate listings priced between $500,000 and $9,000,000 during the past 7 weeks (December 1, 2007 through January 18, 2008) here in Haywood County, NC. There were 2 new listings in this same category during the same period last year. These homes offer amenities such as absolutely stunning views from every direction, rushing creeks, ponds, golf course views, long range views, tennis courts, and guest houses, to name just a few.
Forbes presented soft-market secrets to selling a home which provide strategies to consider when considering selling a home in this market, and with the increase in the number of high-end homes for sale here in the mountains of beautiful Western North Carolina, this article was very interesting and timely.
“Generating interest through luxurious throw-ins is another effective strategy in the high-end market, especially if you’re selling a prime property, as opposed to a McMansion or median-range home. Increasingly, sellers are including cars, stereo systems, gym memberships and other high-end perks as signing bonuses. While these incentives might not be enough to seal a deal, they can serve to lure buyers who might have otherwise passed by a property.
“The price of a stereo is almost irrelevant–and so is a car, when the apartment price is several million dollars,” says Harrio DiOrio, a broker with Prudential Douglas Elliman in New York City. “I don’t think anyone would buy an expensive piece of property just to get a free stereo system, but the lure of the price may be the catalyst for the sale.”
Their number 1 tip? Pricing. If you would like to read the rest of the article, here it is.
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