Posted on August 15, 2019 - 07:00 AM
by Tom Miller
Yesterday, the town of Hartwell welcomed its newest Bed and Breakfast with a ribbon-cutting at the property. The Beacon Bed and Breakfast is located just outside of town near the lake. If offers overnight accommodations with breakfast and serves as an event venue and wedding destination. The owners have done an amazing job creating a farmhouse setting which is sure to slow your pulse a few beats. Click here to see the interesting history on how The Beacon got its name, and if you come for a visit, make sure to save some time to let us help you find your own spot on the lake.
Last week, we reported the lowest Lake Hartwell home inventory in over 10 years. (Click here for details.) While this weekly lake update is mainly intended for buyers looking for properties, a lot of property owners receive this note as well. Our prime selling season continues well into September, and we have seen average sales prices increase by 7% over this time last year. Three of our new listings from July are already under contract. We have helped 64 families buy or sell already this year, and would love to help you sell your spot on the lake. If you are considering selling your lake home, or if you know someone that might be, please contact us.
There were 144 Lake Hartwell homes sold in the second quarter of 2019, up 41% over the first quarter of this year. The available inventory of active homes is down 16% over last quarter, pushing the absorption rate below 6 months (4 months) for the first time in over 12 years. The absorption rate is the number of of months it would take to sell the existing inventory at the current rate of sales, and any number below 6 months indicates a seller's market. By contrast, vacant lake lot sales have remained flat over the last year, with almost 3 years of available inventory. One bright spot for lot sales was a larger acreage tract which sold for $450,000, but the average lot price this quarter was $114,000. Our team has listed 45 properties this year, and we want to ensure that our buyers are the first ones to know about new properties as they become available. If you are looking to buy, there is no better place to start than with SpotOnTheLake.
With the rise in popularity of sites like VRBO and Airbnb over the last several years, renting out your vacation home to offset the cost has become a great option for a lot of lake home owners. I'm guessing many of you have taken advantage of these sites as a renter, so why not try it from the other side? Lake Hartwell is a very popular vacation destination during the peak summer months but there is a year-round market for rentals on the lake. Fall is a great time for rentals with a high demand for lakefront options during Clemson and Georgia home football weekends. (30 days until college football kickoff, but who's counting?) Whether you are looking purely for an investment opportunity or just wanting to make some money during the time you aren't using it, we'd love to help you find a great spot.
There are plenty of opportunities to sit back, relax and enjoy the serenity of Lake Hartwell. Next weekend is not one of those times. The adrenaline will be pumping at Tugaloo State Park as the Pro Watercross Tour returns for a leg of the National Championship Tour. In case, you are not familiar, Pro Watercross is just what it sounds like, motocross on the water. High performance PWC's will compete head to head on a closed course at speeds up to 90 MPH. There is also a freestyle event with riders performing tricks that you won't believe possible with a 600 pound machine. Click here for more information and click here to see if he lands this trick! Don't forget to save some time to let us help you find your spot on the lake.
I try to limit the amount of airtime I give to my family, and especially to myself, in these weekly posts, but I just couldn't resist this one. We had our grown kids and grandkids at the lake over the fourth of July, and our time together makes all of the work the rest of the year worthwhile. This photo is of me and my grand-daughter, Caroline, on the Zup board. The Zup is a blend of a kneeboard, wakeboard and wakesurfer, and as you can see, if big enough to handle two riders. Caroline, at 3 years of age, also loves extreme tubing with the older kids and adults. She is game to try about anything on the water. See the Zup pyramid below! Thanks for enduring a little shameless self-promotion. We would love to help you find your spot on the lake.
You may have noticed that SpotOnTheLake.com got a facelift recently. The home page video now features my son, and our team's Buyer Specialist, Michael, on a morning slalom run, behind the boat I am driving, with my son-in-law, Trey, piloting our DJI drone in sport mode. We want the site to have a great look and feel, but that's not the reason it has become one of the most widely used lake-specific sites available. Since its launch 11 years ago, we have provided information on every listed property on the lake from both the GA and the SC MLS systems. Most agents only subscribe to one of those systems. The multiple subscriptions are costly for us, but we think you are worth it. When I viewed the other agent sites today that have good Google recognition, I saw total active Lake Hartwell listing counts of 170, 248 and 269. At SpotOnTheLake.com, we are showing 559 at the time of this post. In addition to the property information, we also have great information allowing you to compare Lake Hartwell to other lakes, and the lake's best Water Depth Guide allowing you to compare properties objectively. Please take some time to explore the site and let us know how we can make it easier for you to find your spot on the lake.
We are always trying to keep you informed about the various restaurant options around the lake. If you are looking for some lakefront dining options near the town of Hartwell, check out the Boathouse Grill at Hartwell Marina (normally open Wednesday-Sunday but open all next week for the July 4th holiday) and the new Racks Lakeside Bar and Grill (formerly Swamp Guinea) on Reed Creek Highway. Both have a variety of burgers, sandwiches, and salads, and Racks offers steak and seafood options as well. We'd love to hear what you think of these, and if you want to have the opportunity to visit them more often, then go ahead and get one of the below options or let us help you find another great spot on the lake!
It seems like we are just rolling off of a fun Memorial Day weekend, and we already have Independence Day staring us in the face. This holiday is one of my favorites, as lake living is hitting on all cylinders with warm weather, perfect water temperature, family vacations, great food, and of course, fireworks. As usual, the town of Hartwell kicks off the season early with fireworks at Big Oaks Recreation Area near the dam on June 29th. Smaller private shows will pop up all over the lake on July 4th through the 6th, but a few of my favorites are all on July 6th at Gumlog Creek on the south side of Tugaloo State Park, Bruce Creek in Martin and Chickasaw Point in Westminster. Be safe, and if you are visiting the area, make sure to save some time to let us help you find your spot on the lake.
The Hartwell Lake Poker Run is scheduled for Saturday, July 13th, with warm-up events on 7/11 and 7/12. The Poker Run is a boating event starting near the dam, traveling to 5 locations around the lake, and returning to the starting place. Super fast cigarette boats are featured, but all boats are eligible to participate. Cash prizes will be awarded, with all remaining proceeds going to the Anderson Meals on Wheels. Click here to register and keep your eyes peeled on 7/13 for some hot boats. Make sure to save some time to let us help you find your spot on the lake.
This is the first time I’ve ever felt good about paying a REALTOR commission. Tom and his team added value in every phase. They gave us good tips before listing, referred us to a great local contractor for minor repairs, marketed the property to drive LOTS of showings, and guided us through the negotiation and closing process. Added value-not just a sign in the yard.Tom R.
Copyright 2019 Georgia MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Keller Williams Lake Hartwell are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker. Information provided is for consumer\'s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Keller Williams Lake Hartwell does not display the entire MLS database on this website. The listings of some
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monitored for \'scraping\' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-08-21.
Copyright 2019 Upstate Multiple Listing Service, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Anderson Association of REALTORS®, Inc. and Upstate Multiple Listing Service, Inc. Information provided is for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-08-21.