Market Trends: 3/11/2010
Mountain Island Lake
Market Snapshot
Total Properties Listed:
37
Month-Over-Month Change: +23.33%
Average List Price:
$591,321
Month-Over-Month Change: +12.44%
Median List Price:
$549,990
Month-Over-Month Change: +10.83%
Typical Property
Single-Family Home
4.28 Bedrooms
3.72 Baths
$591,321 Average List Price
$199/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
N/A
2 Bedrooms:
$328,300
3 Bedrooms:
$539,800
4 Bedrooms:
$840,427
5 Bedrooms:
$806,708
Top 5 Most Viewed Properties
Mountain Island Lake, NC Real Estate:
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About Mountain Island Lake
Mountain Island Lake was created in 1924 to coincide with the building of Mountain Island Hydroelectric Station.
Mountain Island Lake is fed by the Catawba River, and is the smallest of the three man-made lakes that border Mecklenburg County, North Carolina (Lake Norman, and Lake Wylie).
Mountain Island Lake is managed by Charlotte-based company Duke Energy. The lake has around 3,281 acres (13 km2) of surface area and 61 miles (98 km) of shoreline.
The primary function of Mountain Island Lake is to provide drinking water for residents of Mecklenburg, and Gaston County. The lake is also accessible to the public for boating and fishing use.
Inside of Mountain Island Lake is a small island called Mountain Island. Located on the extreme southern end of the lake, the island is mainly used as an anchor point for recreation, picnicking, and camping.
Buying a New Mountain Island Lake Home?
Buying a Mountain Island Lake home can be a daunting task. Before setting out on your house hunting journey, you should
know what you really want to find. Take some time to list all the features that are most important to you and your
family. Here are a few ideas to consider in looking for a Mountain Island Lake home to purchase:
- Location – Mountain Island Lake has a good number of wonderful areas to choose from. Also think about your proximity
to quality schools, medical facilities, and shopping markets.
- Size – Do you need a certain number of bedrooms or bathrooms? Don’t forget about closet space
- Parking – Is a covered garage important to you?
- Style – 2-story house or ranch style home? New or older home?
- Air Conditioning & Heating – central heating and/or air conditioning can be a savior in Mountain Island Lake.
As you browse homes on , keep these ideas in mind. Your list may change over time as you do more looking.
You may want to add or remove features, or perhaps you'll become willing to make compromises to find the Mountain Island Lake home
that is the best fit for your family. With hundreds of beautiful Mountain Island Lake homes to choose from, you’ll surely find the
one for you. Get started now.
Selling your Mountain Island Lake Home?
Selling your Mountain Island Lake home through Venture Realty is the right decision. Our agents are here to guide you
through a potentially complicated process. You deserve top-dollar for your property and Venture Realty is committed to marketing
and selling your home. All of our agents are certified REALTORs® and they are determined to give you peace of mind
throughout the home selling process. With years of experience in the Mountain Island Lake home market, our team has the secret recipe
for attracting the right kind of home buyers at just the right time. Choosing Venture Realty is a wise decision. Learn a bit
more about our agents here.
Apply for a Home Loan to purchase your Mountain Island Lake home?
The Mountain Island Lake home market is highly active at this time. Interest rates continue to hover near record lows and it’s never
been easier to finance your Mountain Island Lake home purchase —whether it’s your first home purchase, a vacation property, or a retirement
townhouse. Find out how much house you can afford, learn about settlement and closing costs, and access the most current
lending rates through our preferred mortgage partner.