LAKE BURTON SUMMARY
RECENT SALES
2289 Blalock Goldmine, listed for $1,650,000 by Harry Normal Realtors Luxury Lake and Mountain, sold for $1,280,000 to a Harry Norman customer.
1067 E. Wildcat recently reduced to $999,000 from an original list price of $2.6m sold for $925,500. This was a foreclosure situation.
536 Deer Hill Road, was sold before listed to a Lake Team customer for $1,745,000. This is a very special lot and has potential for an extraordinary new home. This represents a continued lot sale trend.
518 Moccasin Creek, listed for $995,000 by Harry Norman Realtors Luxury Lake and Mountain sold to a Harry Norman customer for $800,000.
UNDER CONTRACT
The Pointe, listed for $10,900,000 by Harry Norman Realtors Luxury Lake and Mountain.
91 Biltmore, listed for $3,995,000 by Harry Norman Realtors Luxury Lake and Mountain.
1583 Blalock Goldmine Road, is under contract at an undisclosed price to a Lake Team customer before being listed .
PRICE REDUCTIONS
2804 Moccasin Creek Road, has been reduced to $2,595,000.
NEWLY LISTED
NEWLY LISTED
87 Lynchburg Lane has been listed for $3,800,000 by Harry Norman Realtors.
BANK OWNED
BANK OWNED
There are currently two bank owned properties on the market:
1598 Timpson Cove Road -- $1,125,000
1662 Timpson Cove Road -- $999,000
ACTIVE
ACTIVE
There are approximately 127 homes for sale on Lake Burton, representing about 11% of the homes on Lake Burton. If every home that is presently under contract sells, there will be a total of 29 homes sold in 2010 to date. In 2009, only 13 homes sold on Lake Burton, so the number of sales is greatly improved. Lot / tear downs have been extremely strong this year, with 12 under contract or already sold.
