High-End Home Sales Thrive in Rock Hill Region
Rock Hill, SC – The real estate market in the Rock Hill region is witnessing a surge in high-end home sales, significantly outpacing commercial or industrial property transactions. Recent data from November highlights a trend where affluent buyers are increasingly targeting residences valued at over $1 million, with noteworthy sales occurring in both expected and lesser-known locations.
In November, the most expensive home sale reached an impressive $3.3 million, occurring on Marthas Vineyard Road near Lake Wylie. This sale is notable as it represents the second-highest home sale of the year in the area. Additionally, another property located in Sharon on Old Ferry Road sold for $2.2 million. This is particularly interesting as it marks the second sale in consecutive months topping the $2 million mark in this small community located in western York County.
November Sales Breakdown
Across York and Lancaster counties, nearly a dozen homes fetched $1 million or more in November. In total, there were 11 homes sold with a price tag of seven figures. This included:
- A 5,600-square-foot luxury home on Lake Wylie, built two years ago, featuring four bedrooms, five baths, a saltwater pool, a spa, and a private beach.
- Four high-end homes from Lake Wylie, three from Fort Mill, and one each from Rock Hill, Indian Land, Clover, and Sharon.
Commercial Real Estate Activity
High-end residential sales are not the only area seeing activity. Significant commercial transactions have also taken place. On November 15, Rock Hill-based AEB Properties purchased the 38,000-square-foot Cox Harley-Davidson of Rock Hill for $6.2 million. This motorcycle dealership, located at 1178 Galleria Boulevard, sits conveniently off Interstate 77 and includes a showroom that was established in 2006, set on 9 acres of land.
In another development, a shopping center at 200 N. Dobys Bridge Road in Fort Mill sold on November 4 for $4 million. The retail plaza was constructed in 2007 and is home to a variety of businesses including Wing King restaurant, State Farm insurance, a pharmacy, a dental office, and a nail spa.
Additional Commercial Transactions
Further emphasizing the growth in the commercial sector, a York company acquired the Royal Inn motel at 631 Hwy. 321 Bypass for nearly $1.6 million, effectively doubling its sale price from 2019. Established in 1960, this motel represents one of the older hospitality properties in York County.
Additionally, McClure Leasing and Development from Charlotte purchased a property on 9869 Harrisburg Road in Indian Land for $1.6 million. This site includes a 12,000-square-foot building that was built in 2002 and is part of the McClure Collision Center’s auto repair business.
Conclusion
The trend of high-end residential and significant commercial property sales in the Rock Hill region reflects a booming confidence in the local economy. As affluent buyers continue to seek out luxury homes and developers make strategic property investments, the area is poised for ongoing growth. The combination of these high-value transactions underlines a robust real estate market that shows little sign of slowing down.
