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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/

A Productive November

Our office has closed over $6.5 million in real estate just this month!

Meticulously Maintained Waterfront Home on Lake Lure

Intriguing and meticulously maintained Lake Lure waterfront home. Features include a large great room with floor-to-ceiling windows, kitchen with Corian counters and center island, two fireplaces, main level Master Suite, 2 bonus rooms on the upper level, a large laundry/craft room, and a two-car attached garage. The waterfront features a large boathouse with sun deck, and extensive rock wall terracing and landscaping.

More Than Just a Place to Dock Your Boat | Waterfront Homes

When affluent consumers are considering their next purchase,  waterfront properties top the list, according to the Sotheby’s International Realty Luxury Lifestyle Report. Explore these magnificent waterfront homes featuring docks, a luxury amenity trending among affluent consumers around the world.

$2,900,000 USD | Lake Lure, North Carolina | Terry Tincher

This award-winning, Adirondack home embodies the ambiance of an Aspen lodge merged with eclectic, contemporary styling. From its finely crafted interiors including its hand-tooled trusses, copper sinks, and limestone tile, to its world-class waterfront that features a 75′ water slide, cascading waterfall, and boathouse with sundeck, to its detached two-car garage with guest house on the lower level; this home is truly refined and incomparable.

 

$1,390,000 USD | Lake Lure, North Carolina | The McKay Group

Sweeping views of Lake Lure and the Chimney Rock Mountains provide the frame for this thoughtfully designed hilltop estate. One level living invites all who enter to experience a panorama of breathtaking views from almost every room. The spacious Master Suite with a fireplace is privately located from the two guest suites and third guest/study. A 2-car garage, in-ground pool, and a double boathouse on the waterfront complete this inspired home.

$1,220,000 USD | Lake Lure, North Carolina | Terry Tincher

Sophisticated and serene custom lakefront estate encompassing over 5,000 sq ft. Impeccable details include mesquite hardwood flooring in the living room, Brazilian Rosewood paneling on the curved staircase, and handcrafted oak coffered ceiling in the den. Other features include a Master Bath with heated floor and tiled walk-in shower, an elevator, an enclosed heated lap pool, generator and, and trolley taking you to the double berth boathouse.

$1,120,000 USD | Lake Lure, North Carolina | Terry Tincher

Beautiful Lake Lure waterfront home with beautiful Rumbling Bald Mountain and open water views; live outside of the resort but still enjoy all amenities. Master bedroom with stone fire place and total update of master bath with walk-in shower and granite counter tops for the double vanity. Large boat house with workshop area and carpeted sundeck to enjoy sun sets. Private patio with stone arches off of the master. Private gated entrance with parking.

$795,000 USD | Lake Lure, North Carolina | The McKay Group

Lakefront home about a mile from the Lake Lure Beach and town center. This 2 ½ story home has breathtaking views of the lake & Chimney Rock Park Mountains. Two original stone fireplaces, beautiful wood flooring, up-to-date kitchen with high-end stainless steel appliances, private master suite & wonderful outdoor spaces w/docks, boathouse and covered slips provide an elegant rustic retreat for year-round or seasonal living.