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Summer Fun in Lake Lure

Lake Lure sits in the Hickory Nut Gorge surrounded by lush green mountain tops, granite monoliths and of course the jewel of the Blue Ridge, Lake Lure.

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/

Tryon International Film Festival – 2017

Image may contain: textNot just a quaint country town anymore, Tryon, NC has put its mark on the map in more than one way.  It’s always been a favorite spot for the equine enthusiast, but this year’s equestrian theme at the 3rd Annual Tryon International Film Festival had a surprising addition when EQUUS joined and brought some very prominent and skilled filmmakers and stars to the show. For those that may not know, EQUUS is based out of New York City and highlights and rewards the diverse and creative efforts of those in indie film, music, and advertising, who artistically pay homage to the horse through media. Some of this years winners include Best Feature: “Three Days in August” by Jonathan Brownlee and Best Tryon’s Overall: “Bound” by Daljit Kalsi.

This year’s judges include some very well known names in the film industry- Producer/Director Frank M Calo whose film “The Believer,” starring Ryan Gosling and Billy Zane, won the Grand Jury Prize at the 2001 Sundance Festival, and photographer/cinematographer Elma Garcia, who has beautifully directed many brand name    commercials and worked with some of the best cinematographers in the world. She is also an Amateur Dressage rider and lives in Mill Spring, North Carolina.

Festivities included a Red Carpet Gala with a horse parade, producer/director and screenwriting workshops, cocktail party and awards ceremony.  Films played throughout the weekend and consisted of equestrian films, documentaries, human rights and dignity films, short films and student films.

Tom and Carole McKay speaking with Drea Dnur about her first short film, ” The Spirit of Nina in Buffalo”, a film about Tryon’s own international star Nina Simone.

 

 

This was the first year Pinnacle Sotheby’s International Realty became a prominent sponsor for the festival and it was an honor to be able to support our community and all the people that were involved to produce such an amazing event. 

 

 

 

Pinnacle SIR owners and staff. Left to Right – Bill McKay, Debbie Hughes-Broker Associate, Tom McKay-Owner/Broker , Rebecca Melton – Administrative Assistant, Carole McKay – Owner/ Broker, Andrea Stewart- Marketing, Ashley Hannon – Luxury Rentals

 

 

 

 

 

Click below for links to highlights of TFF.

https://www.youtube.com/watch?v=r9oTxZxj5OM

https://www.youtube.com/watch?v=RqxjWpFQI94&feature=youtu.be  

 

http://tryoninternationalfilmfestival.com/festival-highlights/

A Productive November

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

Recently Purchased

90 Berry Street in Tryon, North Carolina was recently purchased after just 36 days on the market. The home was both listed and sold by The McKay Group of Pinnacle Sotheby’s International Realty.

The Ultimate Entertainment Home

Spectacular mountain home constructed with outdoor entertaining in mind. From the stone walls surrounding the paver driveway to the meticulously landscaped grounds with cascading waterfalls to the porte-cochere and stone foot bridge that leads to the artisan-crafted outdoor kitchen with authentic Italian pizza oven and outdoor living room all surrounding a beautifully constructed 3 bed, 3.5 bath residence with screen porch,views and guest quarters.
View full details here: http://bit.ly/1i1VDlr

https://www.youtube.com/watch?v=FVCvu8gHp1c

Timless Gothic Meets Contemporary Mountain Residence

Timeless, gothic inspiration meets contemporary mountain elegance in this sophisticated residence. Features include an elegant dining room which opens to a screened porch, a thoughtfully planned kitchen with custom cabinets and finishes, an oval breakfast room that opens to the great room, a large master suite on the main level. A media room, library, and stone walled courtyard with Koi pond are just some of this homes many unique features. – See more at: http://bit.ly/494overlook

https://www.youtube.com/watch?v=-Opz_1EBZUk

The Market Report – 4th Quarter 2014

Overall, the 4th quarter of real estate sales in Western North Carolina continued the trend of a slightly improving market; especially in the more affluent areas of Asheville and Hendersonville.

The Grove Park area, along with Beaver Lake and Reynolds Mountain show 27% increase in sales price and a 22% increase in units sold.

South Asheville including Biltmore Forest, The Ramble, and Biltmore Park also posted a higher 4th quarter compared to 2013, as did both Champion Hills and Kenmure in Henderson County.

Lake Lure again showed a decrease in overall sales despite the second highest sale on the Lake happening in December.  Thankfully, activity has returned to Rumbling Bald Resort, which didn’t record a single sale last quarter and is only slightly down from the 2013 4th quarter.

Click here to read the full report.