Market Trends: 6/18/2013
Mountain Island Lake
Market Snapshot
Total Properties Listed:
24
Month-Over-Month Change: +20%
Average List Price:
$580,499
Month-Over-Month Change: +9.08%
Median List Price:
$449,950
Month-Over-Month Change: +6.01%
Typical Property
Single-Family Home
3.88 Bedrooms
3.63 Baths
$580,499 Average List Price
$198/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$185,000
2 Bedrooms:
$345,000
3 Bedrooms:
$540,625
4 Bedrooms:
$863,900
5 Bedrooms:
$1,347,500
Top 5 Most Viewed Properties
Mountain Island Lake, NC Real Estate:
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Mountain Island Lake Real Estate
About Mountain Island Lake
Mountain Island Lake was created in 1924 to coincide with the building of Mountain Island Hydroelectric Station.
Mountain Island Lake is fed by the Catawba River, and is the smallest of the three man-made lakes that border Mecklenburg County, North Carolina (Lake Norman, and Lake Wylie).
Mountain Island Lake is managed by Charlotte-based company Duke Energy. The lake has around 3,281 acres (13 km2) of surface area and 61 miles (98 km) of shoreline.
The primary function of Mountain Island Lake is to provide drinking water for residents of Mecklenburg, and Gaston County. The lake is also accessible to the public for boating and fishing use.
Inside of Mountain Island Lake is a small island called Mountain Island. Located on the extreme southern end of the lake, the island is mainly used as an anchor point for recreation, picnicking, and camping.
Mountain Island Lake Neighborhoods