Just exactly what does $1.6 million dollars get for you in the Charlotte real estate market these days?
After Panthers quarterback Cam Newton recently plunked down that much on his new pad Uptown at The Trust condominiums, we wondered what that load of lettuce might get him in some other parts around the area.
We made a few assumptions about living requirements: A huge media-room for Cam to accommodate Madden NFL 13 cover rival Calvin Megatron Johnson when he visits and goes head to head with his host, an extra large trophy room for all the awards and double-wide linen closets for all Cams extra towels.
Realtor Rita Fleming-Johnson of Keller Williams said the luxury market in Charlotte has been trending higher the last few months. If the larger banks remain committed to releasing bank-owned inventory slowly then we should see prices stabilize and sales continue to happen at a reasonable pace.
Heres a sample Fleming-Johnson found of properties for sale around $1.6 million:
Style: Lake House
Location: 143 Rehoboth Lane, Mooresville, The Point subdivision .
Price: $1.649 million.
Description: Large Lake Norman waterfront home, approximately 6,000 square feet with five bedrooms and 5 1/2 baths. Three levels designed for entertaining with lots of living areas, top-of-the-line appliances and unique detailing. Second living quarters on the lake level. Private dock on deep water with lift and two Jet Ski ramps. Pool, waterfall, spa and outdoor grilling area offer inviting space after a long day of OTAs.
Special feature: Comes with a membership to the newly rechristened Trump National Golf Club Charlotte. Opportunity to tee it up with the Donald.
Commute to Bank of America Stadium: 29 miles, 45 minutes.
Style: Stately Traditional
Location: 1042 Queens Road, Myers Park.
Price: $1.69 million (recently reduced).
Description: Smaller, older, and more traditional, this Myers Park manse is luxe nonetheless with hardwood floors, high ceilings, crown molding and great natural light throughout. Lovely living and dining rooms, a sunroom, library and screened porch. A four bedroom with three full and two half baths, this two-story brick traditional was built in 1920 and sits on a corner lot lots of yard for tossing the pigskin with the neighbor kids.
Special feature: Second kitchen in basement adjacent to media room makes game-day snack prep a breeze.
Commute stadium: Three miles, 10 minutes.
Style: Suburban Retreat
Location: 4331 Rosecliff, South Charlotte, Rosecliff subdivision.
Price: $1.485 (recently reduced).
Description: Magnificent 10,000-square-foot home with custom finishes and moldings. Master suite features his bath with steam shower and her bath with sauna. Lighted USTA tennis court, saltwater pool, and spa. This five-bedroom home has seven full baths and three half baths. Plenty of outdoor entertaining space, enough to host the entire Offensive line for some barbecue.
Special feature: Nearly 4 acres of privacy overlooking spring-fed lake. Floating dock with spectacular view is great for post-game reflection and some quality me-time.
Commute to stadium: 16 miles, 35 minutes.
Style: English Country Estate
Location: 8500 Bramshaw Court, Waxhaw, Union County, Longview subdivision.
Price: $1.65 million.
Description: Brick and stone English Tudor architecture located on second hole of the country club community of Longview. Double bonus rooms upstairs. Five bedrooms, three full and two half baths, this home was built in 2006 and is on a cul-de-sac within a gated community. Neighbors include pro golfers, an NBA star or two and a few Panthers to make any fan of the Cats feel at home.
Special feature: Oversized three-car garage is perfect for keeping a pricy ride pristine.
Commute to stadium: 22 miles, 40 minutes.