Tag: lake marion

Lake Real Estate Market Report Shows More Than $76.5 Million in Lake Area Homes & Lots Listed Around Lake Marion, SC

Posted on Linda Thach

LAKE MARION, SC. (May 30, 2023) –A new lake real estate report from the country’s largest lake-focused brokerage shows South Carolina’s total lake market comes in at $1.2 billion. “The new Lake Real Estate Market Report from Lake Homes Realty shows Lake Marion’s total market to be $76.5 million and Lake Moultrie’s total market to be $22.3 million,” said Ronni Drake, a new agent with Lake Homes Realty, who focuses on Lake Marion and Lake Moultrie in South Carolina.  Lake Homes Realty operates in 34 states across the country.

“The new quarterly lake real estate report from Lakehomes.com shows Lake Marion to be the fifth largest market in the state of South Carolina,” said Drake. “The specialized website just showcases properties that are lakefront, have a lake view or lake access so we can help clients from across the country search for dream lake properties.” As of May 22, 2023, Lake Marion has 286 lake area properties listed, ranging from a $7,000 lot to a $1.12 million lake home. “Eight of the properties were listed for over $1 million,” said Drake.

The average home price for listings around Lake Marion is $342,580, according to the Lake Market Real Estate Report. The average lot price is $172,083 for the 128 lake area lots currently listed. 

“Lake Marion, also referred to as South Carolina’s Inland Sea, covers 110,00 acres offering lots of recreational opportunities,” said Drake. “Lake Marion is popular for fishing, and it is most known for its big fish. The state record of a 16.2 largemouth bass was set at Lake Marion, so anglers will love fishing on Lake Marion.” Among the hundreds of people searching the lake homes and lots on Lake Marion in March 2023, the top Metro area looking on LakeHomes.com was Atlanta, Georgia, followed by Greenville, South Carolina, and Charlotte, North Carolina,” said Drake.  “ The national reach offered by LakeHomes.com works really well with my local expertise along Lake Marion, Lake Moultrie, and the surrounding areas,” said Drake.  One in 37 American adults look at LakeHomes.com each year.

“We believe our agents’ intimate knowledge about their lake real estate markets, nuances of the lakes themselves, and their involvement in local lake life is paramount to our continued growth,” said Glenn S. Phillips, CEO and Chief Economic Analyst for Lake Homes “Ronni offers outstanding customer service in the Lake Marion and Lake Moultrie areas and is truly a specialist in that area,” he said.

About Ronni Drake

The allure of the lake has always held a special place in Ronni’s heart. Her father, a retired pilot who served in the U.S. Air Force, was stationed in Charleston, South Carolina, and Ronni spent a significant portion of her childhood there. Some of her most cherished memories revolve around fishing and camping with her family on both Lake Marion and Lake Moultrie.
With nearly 25 years of experience in the real estate industry, Ronni has established herself as a seasoned professional. She holds a Bachelor of Arts degree from Wright State University in Dayton, Ohio, and has also attended Capital University School of Law in Columbus, Ohio. After spending many years residing in the Columbus area, Ronni and her husband seized the opportunity to relocate to Lake Marion once her husband retired.
Ronni lives by the motto, “It’s not going to be easy, but it’s going to be worth it.” This belief has proven true in her life, as evidenced by her two-year search culminating in the current endeavor of building their lakefront home.

Making Waves With the Morrisons – A Lake Homes Realty Success Story

Posted on Staff
Lake Homes Realty clients, The Morrisons with daughter and son-in-law, in front of new homes.

In 2018, Tricia and Ric Morrison decided it was time to sell their beloved home on Lake Marion and make a move to nearby Lexington, South Carolina to be closer to their daughter and son-in-law.

The pair began their search for a listing agent where most people do these days, online, and quickly discovered Lake Homes Realty/LakeHomes.com. 

For two months, the Morrisons searched the site’s more than 65,000 properties and read about the company’s nontraditional way of approaching lake real estate by only employing agents who lived, worked and played in their local lake markets.

As Lake Marion residents for many years, Tricia and Ric were well aware that selling a property on the lake was unlike selling an off-lake property in many ways and that working with an agent who was also an area local would provide them a unique advantage to selling their home. 

Ultimately, they enlisted the help of Lake Homes Realty agent Kristie Anderson. 

“I’d sold one of their friend’s condos and was thrilled when they were referred to me,” said Anderson. “The Morrisons’ condo was right on the water, and I was confident we could get it sold in a timely manner and excited to get them closer to their family.” 

Traditionally, lake properties stay on the market for extended periods of time. Much longer than off-lake properties because many of them serve as vacation or second homes. It’s not uncommon for lake listings to be on the market for more than a year in high-priced markets, or be taken off the MLS during the off season. 

The Morrisons’ Lake Marion home sold in 210 days. 

“Kristie has lived in the Lake Marion area all her life and could answer any question our prospective buyers had,” Tricia said. “If it weren’t for her lake-specific expertise, we wouldn’t have had the confidence we did that she was providing accurate and data-supported information to our buyers and us.”

During the process, Kristie connected the Morrisons with Doug Geisler, another Lake Homes Realty agent on Lake Murray, located near Lexington and their daughter. 

“Kristie truly cares for her clients and wants the best for them. We knew Doug would be the same,” Tricia said.

“The first house I showed them was my neighbors’,” remembered Geisler. “It wasn’t a fit for them, but they thought it would be perfect for their daughter and her husband, and pretty soon I was working with Chelsea and Chris, too!”

After looking at a handful of resale properties, Tricia and Ric chose to purchase a new build in the Summer Lake community, which would allow them plenty of time to let Kristie sell their current residence and have their new one constructed. 

Chelsea and Chris however, continued the hunt for their perfect home.

“They had just signed a six-month lease at their current residence, so I thought a new build might be a good option for them to consider,” Geisler said. “As luck would have it, they found a home plan they loved in the same neighborhood as Mom and Dad.”

Doug, Chris, and Chelsea kept their purchase a secret for nearly two months!

“Chelsea and Chris came to visit us to celebrate her birthday, and after we had the cake, she gave us a present to open,” said Tricia. “It was a framed picture of our lot, all graded and ready for our home to be built.”

Chelsea proceeds to give her mother a second picture, which showed off the lot she and her husband had decided to buy. 

“Then a third picture showed both lots together, and their sign said “HI NEIGHBORS,” exclaimed Tricia. “Doug had kept their secret, and helped them in buying the lot next to ours to build their dream home!”

The Morrison’s Lake Marion property and their new build purchase closed just two days apart, and the couple moved into their new home the day after closing on it. 

“Everything worked out so perfectly. Had their home sold any faster, they would have been homeless,” joked Anderson. “I don’t think I’ve ever missed my clients as much as I miss the Morrisons. It was such a joy working with them.”

For the Morrisons, the feeling is mutual. 

“Our Lake Homes Realtors® definitely took away all the stress in the personal and legal aspects of selling and buying our homes,” the Morrison’s said. “They both went above and beyond, and we can’t thank them enough for helping us work out our timeline in selling our lake house and the purchase of our new home.”

Today both couples are living their dreams side-by-side, enjoying family dinners, becoming part of the community and spending time on the lake.