Luxury And Second Home Market | Bucking The Real Estate Trend-Waynesville and Maggie Valley Real Estate

Archive for the 'Luxury and Second Home Market' Category

Laurel Ridge Golf and Country Club, Waynesville NC, 2004 ~ 2009 Sales.

Posted March 8th, 2010 by Susie Blackmon

: Image by susieblackmon via Flickr

Laurel Ridge Golf and Country Club presents an exquisite lifestyle in the spectacular Great Smoky Mountains, features spectacular golf and mountain views, and is very conveniently located on the edge of the historic town of Waynesville, North Carolina. Life in the Laurel Ridge Golf and Country Club means you can live in quiet sophistication, close to Waynesville, Cataloochee Ski Area in Maggie Valley, and the beautiful Biltmore Estate in Asheville.

Laurel Ridge Golf Club was selected in 1992 as one of “America’s Best Courses,” and features a Bob Cupp designed golf course with 18-holes of championship golf amidst beautiful mountain views. Several years ago the Asheville Citizen-Times awarded Laurel Ridge Golf Club with the “Most Challenging Course” title in their ‘Hole-in-One Contest.” Some of the other Club amenities include clay tennis courts, a beautiful new clubhouse (entrance pictured above), restaurant, pro-shop and heated swimming pool.

What homes are for sale in Laurel Ridge Country Club? ***** Click to see Active Listings in Laurel Ridge *****

2004 ~ 2009 Sales Statistics for Laurel Ridge Country Club (from MLS):

03 07 Laurel Ridge Sales 2004-09

Source: MLS. Data deemed reliable but, not guaranteed.

Barron’s “10 Best Places for Second Homes.” (Asheville Made the List).

Posted March 7th, 2010 by Susie Blackmon

Asheville, North Carolina, just made another great list ~ Barron’s “10 Best Places for Second Homes.” Terrific news for Asheville, and this most recent recognition goes well with Asheville recently being named Number 1 on the 100 Best Places to Retire in 2010. See the article: “Sunbelt Shines on the 100 Best Places to Retire List for 2010“

From BARRON’S “10 Best Places for Second Homes”:

AT LONG LAST, THE MARKET FOR LUXURY REAL estate is coming back to life.

Prices for primary residences, which plunged at least 20% from the peak in 2007, appear to have bottomed. In some of the snappiest locations, scattered bidding wars are breaking out and prices are turning upward.

In Greenwich, Conn., realty brokers say, the final months of 2009 were almost record-setters for sales volume, as two years of pent-up demand was unleashed. Even the megadeal is back. In Beverly Hills, film producer Jeffrey Katzenberg just plunked down $35 million for an 8,700-square-foot home on six acres.

There’s nothing like a stabilized economy and a huge rebound in stocks to send folks looking for the perfect manse. The return of hefty Wall Street bonuses hasn’t hurt, either.

View Slideshow

With all that in mind, and with summer just around the corner, Barron’s sized up the market for upscale second homes, one of the greatest luxuries of all. We scoped out dozens of deluxe enclaves across the country, speaking with brokers, homeowners and others. Our conclusion: Now could be an excellent time to buy.

Prices are way down — 40% off the peak in some locations. Seemingly at or near bottom, they are starting to attract the first wave of bargain hunters — and not just families in need of R&R. Hard-nosed investors also are on the prowl, says Jan Reuter, head of residential real estate at U.S. Trust Bank of America Private Wealth Management: “We’ve seen an uptick in buying in just the last couple of months.”

***See the list here.***

via online.barrons.com

Top 3 Most Expensive Home Sales in the Maggie Valley, Waynesville NC Real Estate Market for 2009.

Posted February 21st, 2010 by Susie Blackmon

: Image by susieblackmon via Flickr

The Top 3 most expensive home sales in the Maggie Valley, Waynesville NC real estate market for 2009 all sold for less than $2,000,000. Two of the Top 3 were in Maggie Valley, and one was in Waynesville.

159 Watershed Drive, Maggie Valley NC

List $ ~ $1,999,000
Sell $ ~ $1,900,000
Date ~ July 24, 2009
Days on Market ~ 412
Companies involved ~ Remax Mountain Realty (both sides)

569 Olli Trail, Maggie Valley NC

List $ ~ $1,600,000
Sell $ ~ $1,520,000
Date ~ May 21, 2009
Days on Market ~ 235
Companies involved ~ Smoky Mountain Retreat Realty/New Way Properties

488 Equestrian Drive, Waynesville NC

List $ ~ $1,350,000
Sell $ ~ $1,350,000
Date ~ July 14, 2009
Days on Market ~ 256
Companies involved ~ Remax Mountain Realty (both sides)

Source: MLS. Data deemed reliable but, not guaranteed.

Current LUXURY HOME LISTINGS in the Maggie Valley, Waynesville NC Real Estate Market

For more information on buying or selling a luxury home in Western North Carolina, please contact Susie Blackmon at 828-550-3767.

Haywood County NC ~ Residential Real Estate Snapshot ~ 02/17/10. (buckingtherealestatetrend.com)
Hot New Feature on Bucking the Real Estate Trend. (buckingtherealestatetrend.com)
Real Estate Market Snapshot, 02/11/10 ~ Maggie Valley, Waynesville, Haywood County NC. (buckingtherealestatetrend.com)
Maggie Valley NC ~ Residential Real Estate Sales for 2009 by Month ~ Year End. (buckingtherealestatetrend.com)

Come on Baby, light my fire … at the Maggie Valley Club.

Posted February 10th, 2010 by Susie Blackmon

Yesterday I attended our Haywood County Board of Realtors luncheon at the Maggie Valley Club, and this fireplace sure did look inviting, especially considering we are now (Wednesday) under a blizzard warning.

Posted via email from Susie Blackmon’s Posterous

Cattle on Moody Farm Road in Maggie Valley. (buckingtherealestatetrend.com)
I will not eat [as much] sugar in 2010! (buckingtherealestatetrend.com)
Electric Sky This Morning in Maggie Valley. (buckingtherealestatetrend.com)

Maggie Valley Club Winter Golf Course View.

Posted February 3rd, 2010 by Susie Blackmon

Maggie Valley Club Cottage by Susie Blackmon

It was cloudy and misty in Maggie Valley yesterday as I was driving by the Maggie Valley Club and its snow-covered golf course.

The houses on the top of the mountain way off in the background of the first photo are shown a bit closer in the second photo (taken from Moody Farm Road).