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2018 Year End Review

 

2018 has been a great year for Pinnacle Sotheby’s International Realty. We have added three exceptional new agents – Wes and Cathy Cleary of TEAM CLEARY who had the company’s highest listing that resulted in the highest sale of the year and Alan Rieger, who sold his first home with the company less than a month after signing on.

We ended the year with a 35% increase from 2017 and finished with over $22 Million in our Volume Sales!

Our company listed 81 properties and sold 56 in 2018.

We have expanded our geographic interest by adding Lake James and Lake Lanier to our waterfront focus and also have agents licensed in South Carolina.


STATISTICS

Pinnacle SIR Stats 

Thomas McKay

Top Sale-$1,442,500

Average Sold Price-$818,000

Michael Holden & Kevin Swerdlin

Top Sale-$1,299,000

Average Sold Price-$448,744

TEAM CLEARY-Wes & Cathy Cleary

Top Sale-$1,442,500

Average Sold Price-$545,833

Alan Rieger 

Top Sale-$1,000,000

Average Sold Price-$459,850


MLS Stats

Lake Lure 

Average List Price-$495,909

Average Sold Price-$363,048

Total Homes Sold-132

Average DOM-135

Rumbling Bald Resort

Average List Price-$453,806

Average Sold Price-$349,247

Total Homes Sold-39

Average DOM-197

Lake Adger

Average List Price-$558,160

Average Sold Price-$514,225

Total Homes Sold-23

Average DOM-91

Tryon

Average List Price-$518,283

Average Sold Price-$342,967

Total Homes Sold-117

Average DOM-102


 

2018 Significant Sales

255 Deerwood Drive Lake Lure, NC 28746 Sold at $1,442,500

139 Storm Ridge Lake Lure, NC 28746      Sold at $1,400,000

111 & 212 Fiddlehead Ln. Zirconia, NC 28790 Sold at $1,299,000

MARKETING 

When your home is represented by the Sotheby’s International Realty® brand it benefits from the worldwide recognition and prestige of the Sotheby’s name and gains exclusive access to highly qualified global clientele.

For those looking to sell their luxury estates, our experienced associates are equipped with the marketing tools needed to ensure your property is presented to a global audience of qualified and interested buyers. Our luxury real estate marketing is designed to give you the competitive edge by increasing interest in your property and engaging our audience both online and off. The Sotheby’s International Realty network acts exclusively on behalf of our client’s individual needs and offer the utmost discretion when helping market and sell your estate.

When a listing is marketed through the Sotheby’s International Realty network it immediately begins a journey to worldwide exposure!


 

 

HIKING, BIKING AND CLIMBING, OH MY…..Weed Patch Mountain Trail Ribbon Cutting Ceremony

A new trail was added to the now 1,527 acres of Buffalo Creek Park making it one of the largest town owned parks in North Carolina. This past Friday, May 4, the Ribbon Cutting ceremony was held at the Bald Mountain Farm just inside Rumbling Bald Resort for the official Grand Opening of the Weed Patch Mountain Trail. The backdrop to this ceremony held gorgeous views of Eagle Rock and the beautiful legacy farm and home on the property.

Eagle Rock on Right

Bald Mountain Farm listing can be found here.

This new trail is 8.6 miles and offers hikers, bikers and climbers access to breathtaking views, clean mountain streams and massive rock formations. Excitement awaits! From the average hiker to the most advanced backpacking and rock climbing thrill seekers.

Park photos courtesy of www.conservingcarolina.org

The ceremony celebrated the culmination of nearly a decade of conservation and recreational trails and honored the completion of the 8.6 mile Weed Patch Mountain Trail that connects Buffalo Creek Park to Eagle Rock.

The additional acreage to the Town of Lake Lure’s Buffalo Creek Park makes it 1,527 acres and one of the largest municipally owned parks in North Carolina.

Speakers included, Peter Barr-Trails Coordinator, Kevin Cooley-Mayor of Lake Lure and Trail Builder-Shrimper Khare

For more information including a map of the Weed Patch Mountain Trail visit https://conservingcarolina.org/weedpatch/

EXTRAORDINARY PROPERTY OF THE DAY

177 CHASE LANE LAKE LURE, NC 28756

     PRICE $479,500  –  MLS # 3277657

Let the sounds of nature please your soul in this custom mountain home!!!

Located in a serene setting yet close to Lake Lure, Chimney Rock and Rutherfordton. Less than 30 min to Tryon Int’l Equestrian Center.

Private Backyard Waterfall

EXTRAORDINARY PROPERTY OF THE DAY

231 Tatanka Trail Lake Lure, NC $1,100,000 MLS# 558419

                                                                WHAT A VIEW!!                                               This inspiring home built high above the trees has gorgeous panoramic views as far as the eye can see. Home has impeccable detail including large stone fireplace, a masterful open floor plan and guest suite. Tatanka is Lake Lure’s hidden gem in the mountains with some of the best homes and sites around!

EXTRAORDINARY PROPERTY OF THE DAY

  103 LAKEVIEW ROAD LAKE LURE, NC – $829,000   MLS#3190402

A rare lakefront find on a private mini estate. Newly updated with vintage style. Gorgeous views of Lake Lure and surrounding mountains. Enchanting sunroom brings natural light into home. Large sundeck  perfect for entertaining or relaxing. Multiple garden spaces and long private drive with lots of parking.

EXTRAORDINARY HOMES ♦ EXTRAORDINARY VIEWS

Extraordinary Homes Extraordinary Views will feature some of our favorite homes around the lake. Each home (of course) has to have an extraordinary view which makes living at the lake an even greater experience. And as you know Pinnacle Sotheby’s International Realty is not just about finding a home it’s about finding the experience.

2319 Buffalo Shoals Rd.                     Lake Lure, NC 28746

 

 

Our featured “Extraordinary Home ♦ Extraordinary View” this week is a stunning lakeside gem with immaculate views in every corner. Sit on the sundeck and enjoy front row entertainment as the birds soar over the mountaintops, mother ducks teach their brood of ducklings, and an occasional deer peeks through the bushes for a sip of water. 

Enjoy morning tea or coffee on the main level deck as you start your day. The views are spectacular! Watch as the sunlight sparkles on the lake and the mountains paint their reflection on the water.

Wave at the boaters as they cruise around the waterway, and the fisherman as they row home with the day’s catch.

As the sun begins to sink, relax at your lower patio and watch the picturesque lake through old world inspired archways.

On rainy days, sit in the cozy  sunroom and gaze outside your big bay windows as approaching storms light up the mountains and raindrops dance along the lake.

No matter what the day brings, you can always come back home to your own paradise in the mountains. Don’t escape the world, embrace it!

This home is offered by Michael Holden 828.625.9600 x202 828.243.1560 michael.holden@sothebysrealty.com

WHO KNEW? LAKE LURE……..THEN AND NOW

Did anyone guess this location? If you said Buffalo Creek Road you’re correct!! If you are driving towards the resort from Bald Mountain Lake this is the shot. Some of the terrain has changed and the road is now paved, but the photos are still very similar. 

 Long ago……well maybe not that long ago roads were made of dirt!! Can you guess where this picture was taken?

WHO KNEW? LAKE LURE……..THEN AND NOW

Here is the big reveal of last week’s photograph. Was anyone able to guess where that picture was taken? 

This photo was taken in 1924 and is the Chimney Rock Consolidated School. The caption read that it was near Havener’s Point and was located in what is now, “most likely” the middle of the lake!!

Since the school has been under water for more than 80 years, there is no way of knowing where the exact location is. Hopefully further research will lead me to someone that can tell us.

If you look at the photos side by side, you will see that the mountain on the right side of the current photo looks very similar to the mountain behind the school in the old photo. So we have determined that this is probably in the same location. If anyone has any more information or even better, more photographs please contact me at 828.625.9600 ext.217 or email andrea@lakecountrync.com.