The Sanctuary- A Home To Remember
August 5th, 2009 Categories: Buy A Charlotte Home, luxury homes in charlotte
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14036 Claysparrow Rd …Luxury Home at The Sanctuary, Charlotte NC
Tranquility, vacation at home, peacefulness… I’ve written about the Sanctuary for years, most recently The Sanctuary in Charlotte , but also here and here. All the amenities are complete at The Sanctuary, and management of the Homeowners Association has been turned over to the homeowners- and what amenities!!! A terrific swimming pool, lighted tennis courts, day docks, more than 20 miles of walking trails on a 1300 acre wooded site- that’s 1.5 times larger than Central park in new York City! and, since they are all in, no worries about a “developer not making it.”
14036 Clay Sparrow Lane, Charlotte NC 28278 …True Luxury at The Sanctuary! See Virtual Tour
Up to 7 bedrooms on 3 levels, 5 full baths, a 4 car garage, a perfect mother-in-law suite, or- as the current owners use it: a guest room, large open exercise room, a big game room, and downstairs kitchen with food and snacks for the pool. It’ s over 8000 SF of heated living area according to its most current measurement and nearly 10,000 under roof, 10′ceilings and 8′ doors, a kitchen with state of the art appliances, cabinet space galore and a huge island.
Built by Howie Construction, a well-regarded local builder known for quality construction, the homeowners began in 2007 where the builder left off…
Investing for the long run they built a beautiful pebble-bottom swimming pool, and they cleared, landscaped and sodded acres of lawn. They installed a whole house sound system, and improved an already impressive kitchen with Thermidoor’s top of the line refrigerator freezer and a “island expansion!” I like the two drawer dishwasher, the copper sinks and hood and self -closing doors. Form meets function in an elegant design-it is a working kitchen that looks gorgeous.
This luxury home on 3.86 acres is just 25 easy minutes to Uptown Charlotte, or 20 minutes to Charlotte’s terrific airport.
Offered realistically at $1,795,000… the sellers understand the economics of this market.
Have a look at the pictures, then either call me to schedule a showing-or email your question to Terry (at) TerryMcDonaldRE.com. Showing are by appointment only. One of our Buyer Agents will show you the home as we do not practice individual dual agency- 704-351-1519
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The Sanctuary in Charlotte NC– Home Away from Home
July 22nd, 2009 Categories: Buy A Charlotte Home, luxury homes in charlotte
Is the Sanctuary a Terry’s Top Ten Community?
The Sanctuary Charlotte NC
What is the Sanctuary? Besides one of the most exclusive collections of luxury homes with land in Charlotte NC? It is over 1300 wooded acres and 7 miles of coastline on Lake Wylie– just 20 minutes from Charlotte’s excellent Charlotte-Douglas Airport and 25 easy minutes to Uptown. The Sanctuary is more than one and a half times the size of Central Park in New York City.
Peace and serenity abound at the Sanctuary. Comfortably wide winding streets, paved walking trails and over 20 miles of unpaved trails through the hills and woods along the banks of the Lake Wylie.
So what does sanctuary really mean? A personal refuge? Safety? Absolutely.
See a luxury Home in the Sanctuary
This luxury home community is all dedicated to the 187 families who will live there on 3 to 10 acre tracts called “preserves.”
Who lives there now? More than 50 families, lawyers and doctors, business men and professional athletes, most are people who could live anywhere in the world, all aprreciate the finer things in life and know quality luxury homes when they see them.
Built by Crescent, all the amenities are complete, and the association has been turned over to the homeowners, so there is no worry in these trying economic times.
On a walk to the water, there is a stillness that lets your imagination wonder far back to a simpler time.   The hardwood forests are mostly unchanged since Catawba Indians roamed and settled here three hundred years ago, the occasional footbridge and trail blaze makes it a bit easier for today’s hiker.  I see deer on every visit, wild turkeys every other visit, and occasionally the call of a fox.
Here are a few recent pictures from the Sanctuary, and a slide show of some homes below.
Knox Park on Ninebark
Hardwood Tree canopy covers the Sanctuary
Osprey Cove, an easy hike for all to enjoy.
Blazed trails, Tanger Trail
Custom Luxury Homes of the Sanctuary
Charlotte’s Finest Custom home builders build here. Here is just a sample, and even in today’s market there are 5 or 6 under construction.
The Sanctuary with its unique large acre preserves and close-in location is a rare and compelling value proposition in any city and any market. Sanctuary, a refuge, will always be needed and welcome. Come on over and have a look for yourself.
I’ve been writing about the Sanctuary for the last 2 years, check the related posts below. There are a handful of homes for sale, a few inventory, and couple of re-sales, one of the listings on Claysparrow is ours. More on that soon.
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Skilled Buyer Agents and Smart Buyers make Great Deals happen. Call the McDonald Team at 704-351-1519
Related Posts
Comparing Charlotte Luxury Communities The Sanctuary, Longview and Highgate
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Million Dollar Home Sale Market in Charlotte NC and Junk Loans
March 2nd, 2009 Categories: luxury homes in charlotte
Growth in Over $1M Sales in Charlotte NC: Due to Economic Gains? Price Rises? Or Junk Loans?
This weekend I researched the over $1Million dollar home sales market in the greater Charlotte Area, the 15 county area covered by our local Carolina MLS: It is to say the least revealing. Over and over in the last 5 years, Charlotte residents have asked me and others,
“Where are all those people coming from who can afford these $1Million dollar homes?”
Good question.
In 2001, there were 95 sales in the Charlotte area over $1 Million Dollars. 
Then, just 4 years later in 2005, there were 324 sales, a 241% increase. Sales of over $1M homes peaked in 2007, at 477 sales, a 400% increase over 2001, 258% increase over 2003, just 4 years before. Why?
Was it due to a rise in home prices?
Now before you go too far down your the road thinking, “What about the relative price? It is probably just a run up in prices, inflating themselves “bubble-like” over $1M, and that’s why there was a 400% increase.”
Well no, not exactly. Not at all really.
In 2003, the average cost per square foot was $250 in the over 1 Million dollar home market. In 2007, the peak year? $272/per sq ft, an 8.8% increase, over 8 years. Prices went up about 1% per year in this market, hardly bubble like and not the reason for a 400% increase in the number of sales.
Was it due to major gains in employment, and highly paid executives?
I’m open to persuasion here, but I don’t believe so. If a firm brought 20 employees capable of purchasing $1M homes, that would mean about 17 companies with 20 highly paid executives would have arrived here between 2003 and 2007. I think I would have noticed.
No the only answer is the rise in sub-prime loans, and the artificial market it created…
These loans became more and more popular after 2003, what we call today junk loans. Loans with artificially low interest rates, easier to obtain credit, and then the now famous NINJA loan- No Income, No Job, No asset, and the relatively tame interest only loans and at least a few “Pic-a-pay” loans.
Where is Charlotte in 2009 in the Over $1M Home Market? Read the rest of this entry »
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Luxury Townhouse Sales Report from South Charlotte|November 2008
November 20th, 2008 Categories: Charlotte Homes for Sale, luxury homes in charlotte
What is a luxury townhome? 90% of the townhouse market is for first time home buyers-
the luxury buyer typically is not.
Who are the buyers for a luxury custom built townhome? Professional couples, (who might have earlier had city condos)down-sizing empty-nesters and singles predominate. What distinguishes it from the others? Fit, finish, quality of the options and landscape– sort of “I’ll know it when I see it” quality. The best of these (IMHO) come with great views, Burning Tree has Carmel Country Club Golf Course, Greenview Terrace sits on Raintree’s fairways, others like Mayfair and Provence on Providence are there own little enclaves- in every case there are some distinguishing community features, and they cater to folks who want to live in that area, or love the style, without the maintenance headaches of a single family home. All come with top of the line interiors- and easy living full exterior maintenance included.
Charlotte Town Homes For Sale
Like most categories, it is a strong buyers market in Charlotte. The price points are some what arbitrary, but the luxury townhome niche begins in price at about $350,000, and goes up from there. The sold data gives you an idea of the range of cost per sf sold, based on the maximum and minimum home sales prices in the group. We compute absolute min/max for clients.
| Homes | Homes Sold | Median | Low | HighPreview » | |
| Price range | For Sale | Last 12 mo | $/sf | $/sf | $/sf |
| Homes for sale between $350K-400K | 20 | 14 | 160 | 115 | 255 |
| Homes for Sale between $400K-450K | 19 | 24 | 172 | 128 | 212 |
| Homes for Sale between $450-550K | 23 | 21 | 176 | 140 | 248 |
| Homes for Sale over $550k | 20 | 21 | 222 | 213 | 264 |
In most cases there is a year of inventory, high by Charlotte standards. My hunch is this reflects a lot of single family
sellers (down-sizing empty nesters) who are holding on to their homes until a better sales environment returns for their homes.
The pictures in this post are from my listing in Greenview Terrace, a master bedroom view of the Raintree fairway is on the right, and its a few minute walk to the Arboretum and the Express Bus uptown.
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Moving to Charlotte? Your first Charlotte home?
Have a home buying or home selling questions? I am a Charlotte real estate broker specializing in relocations, 2nd homes–buying and selling real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day in Myers Park, Southpark, Matthews and Huntersville, Lake Norman, Waxhaw and Lake Wylie too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser.
If you still haven’t figured out where you might want to live in Charlotte, you may compare area Charlotte home prices and communities, from our MLS based home search below. If you haven’t already, try my my fact-filled and well received Introduction to Charlotte NC Video (over 9000 You Tube views) and don’t miss the FAQ videos-answering the Big Question- Where to live in Charlote, or where to look for a luxury home in Charlotte? (in the right column just under the Introduction to Charlotte Video Screen)
If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry
Related Links
Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!
Townhome Charlotte, NC To Live or To Invest, 4b 3.5ba 159k in University area
Charlotte NC Homes Best Value Under 500K
NC Lake Best Waterfront in Charlotte Under $2M
Charlotte North Carolina Real Estate- More Good Years Ahead
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Charlotte New Homes- The Sanctuary on Lake Wylie, Inventory Report 11-08
November 8th, 2008 Categories: Charlotte Homes for Sale, Lake Wylie NC and SC, luxury homes in charlotte
Charlotte NC There are
Big Savings on Charlotte New Inventory Homes, Custom Homes and Luxury Real Estate in Charlotte NC- Here is what is available at The Sanctuary for closing by year end.
The homes below are from the Sanctuary, the area’s #1 Selling new home community in the “over $1M Luxury home” category. These are larger inventory homes that I could get great deals on before years end. Builders need to move these units, we NEVER pay retail, and in many cases we can buy them at or slightly above their replacement cost, a floor that can’t be lowered- and some will do more. And your savings with TerryMcDonaldRealEstate.com continue as well- we rebate 1) Any Realtor bonuses to you 2) Buyer commissions above 3% 3) on homes over $1M, there is always a 1% Rebate to the Buyer. So on a $500,000 home with a 4% commission, the Buyer gets a $5,000 rebate for using our excellent services (IMHO), that you probably would/could or should be using anyway, on a $1M home with a 3% commission, the buyer would receive $10,000 Rebate. Throughout Charlotte, custom homes, luxury homes, Custom Homes priced from the 400K’s, to a waterfront beauty at $2M.
See the link below for the top luxury home communities over $1M.
Recent Charlotte Luxury Home Market Reports: Myers Park, Dilworth, New Home Communites-Over 1M
Pictures of the Sanctuary (>60)
———————————-
Moving to Charlotte? Your first Charlotte home?
Have a home buying or home selling questions? I am a Charlotte real estate broker specializing in relocations, 2nd homes–buying and selling real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day in Myers Park, Southpark, Matthews and Huntersville, Lake Norman, Waxhaw and Lake Wylie too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser.
If you still haven’t figured out where you might want to live in Charlotte, you may compare area Charlotte home prices and communities, from our MLS based home search below. If you haven’t already, try my my fact-filled and well received Introduction to Charlotte NC Video (over 9000 You Tube views) and don’t miss the FAQ videos-answering the Big Question- Where to live in Charlote, or where to look for a luxury home in Charlotte? (in the right column just under the Introduction to Charlotte Video Screen)
If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry
Related Links (check the categories on left for more)
Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!
Charlotte NC Homes Best Value Under 500K
New Luxury Homes Over $1M- The Sanctuary Leads after 3 quarters
Charlotte North Carolina Real Estate- More Good Years Ahead
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