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Job relocation has forced seller to move out of state. Since we have to sell in the current market, we are offering this beautiful 3/2 direct waterfront condo at the rock-bottom, FIRM price of $275,900 — well below the appraised value. Will also consider lease option.
This low, extremely fair price translates to thousands of dollars in savings for the savvy homebuyer or investor. A similar waterfront unit in the same building in Admirals Quarter is currently priced at $315,000. Search the MLS or carolinahome.com, and you will see that the other 3/2 direct waterfront condos on Lake Norman are listed at an average price of $350,000 (many with smaller square footage in older buildings), making our unit a steal.
Enjoy this 3/2 condo (approximately 1350 square feet) as a primary residence or as an easily maintained second/vacation home. Since the Charlotte/Lake Norman area is so popular with tourists, visitors and business professionals, rent it out seasonally for added income.
Currently, the unit is leased at $1500/month. We were able to rent out the unit, with more than one person wanting it, within a week of listing it on Craig’s List.
Conveniently located off Exit 25 – the closest Lake Norman exit to uptown Charlotte and the airport – this spacious unit has new hardwood floors, travertine kitchen countertops, fresh paint, new lights/ceiling fans/plumbing fixtures, and more. It is literally ready for you to move right in and start enjoying all the lake has to offer.
Being on the ground floor allows you to have a gas grill (unlike the second- and third-floor units) and provides easy access to the stunning waterfront pool and clubhouse, which can be rented for private parties by residents. Schooner Bay, where the unit is located, is only approximately eight years old, making it more energy efficient and less likely for major assessments any time soon.
Boat slips and garages are often available for lease or purchase.
Call Brian at (561) 707-5909 for more information and/or to schedule a showing. Only extremely serious and pre-qualified buyers will be considered.
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