Your Second Home: The Carolinas
May 3, 2004
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A Biltmore Forest home; $7.5 million. (Click image to enlarge)Most second home buyers on the Outer Banks come from Virginia, Washington,
D.C., Pennsylvania, New Jersey and New York, Whitley says. “Our beaches,
compared to the Hamptons, are more affordable, less crowded and not overly
developed.” Plus, the area is about an hour’s drive from the Norfolk, Va.,
airport.
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Hendersonville home; $2.3 million. Beverly-Hanks & Assoc. (828.681.2057). (Click image to enlarge)Pinehurst, N.C. is also an area that second home buyers know well.
Prices for single-family homes there range from about $350,000 to $2 million,
and up to $6 million for horse farms. The area’s primary draw is golf, of
course, but there is also a large equestrian community. There are 45 golf
courses within a 30-mile radius of Pinehurst, as well as thousands of acres of
“hunt country” where fox hunting and equestrian events abound. James W.
Saunders, of Prudential Gouger O’Neal & Saunders, says that buyers of second
homes in the Pinehurst area find the Country Club of North Carolina and
Pinehurst Resort and Country Club to be especially appealing. Many seek
contemporary, open and bright homes that are low maintenance, he adds.
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Hilton Head estate listed with Gerry Prud’homme. (right and below, click image to enlarge)The
primary draws in South Carolina are Hilton Head and the beaches close to
Charleston. Hilton Head is composed of about 25 different communities on and off
the island and features both condos and single-family homes. Palmetto Dunes and
Sea Pines are two of the most popular areas for second homes. Both are
world-class oceanfront destinations that have all the amenities people desire:
beach, golf, tennis, boating, fishing, biking, dining and the arts. Prices for
villas at Palmetto Dunes averaged $460,000 last year; single-family homes
averaged $1.2 million and homesites about $570,000. ; function voidFunc() { } voidFunc();)
“Our ownership base is
exceedingly diverse and includes entrepreneurs, corporate executives and people
in the world of sports and entertainment who come from the U.S., Canada,
England, France, Germany and Switzerland,” says Philip A. Schembra, owner of
Schembra Real Estate Group. “All come to Hilton Head Island looking for the good
life.” (Click image to enlarge)
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