Your Second Home: The Carolinas

Robyn A. Friedman

05/03/2004

Bill and Angie Marshall live in paradise—in the coastal city of Fort Walton Beach, Fla., home to some of America’s most beautiful beaches. But they place their second home in the mountains of North Carolina on a pedestal—literally.

The Marshalls’ 3,000-square-foot home at Mountain Air Country Club in North Carolina’s Blue Ridge Mountains sits on three concrete piers and floats above the forest; a footbridge connects the house to the ground. The Marshalls love the house because it maximizes their views, and the easy access from their Florida home—just a two-hour flight on Bill’s private plane to the paved runway at Mountain Air—clinched their decision to build their dream home there.  (Click image to enlarge)

Floridians who purchase second homes in western North Carolina are part of an established trend. There are so many Florida transplants that local real estate agents have coined a name for them: “coconuts.”  (Click image to enlarge)

Mountain Air Country Club has condominiums and single-family homes ranging in price from $350,000 to $3 million. For 90 percent of the residents, Mountain Air is their second home. The community boasts tennis courts, a swimming pool, a clubhouse and golf, as well as scenic vistas and temperatures that rarely venture into the 80s. It is just a 30-minute drive from Asheville, an artsy, eclectic city with great restaurants, cultural events, a vibrant college scene and an array of outdoor activities. The area also has a world-class spa and the magnificent Biltmore Estate, with its winery, hotel, artistic treasures and gardens.


At 5,000 feet above sea level, Mountain Air in Burnsville, North Carolina, offers cool temperatures, golf on Slickrock Mountain, a private airplane runway and second homes priced from $350,000 to $3 million.  (Click image to enlarge)

“We have it all,” says Ann Skoglund, a sales associate with Beverly-Hanks & Associates. “Everyone seems to be happy here.” Skoglund says that many of her second home buyers want privacy and mountain or golf course views; others enjoy living downtown and having easy access to its offerings and nightlife. “Lots of glass” is a frequent request to better enjoy the views as well as decks and patios, notes Skoglund. 

In addition to Mountain Air, affluent buyers are attracted to Biltmore Forest, which adjoins the Biltmore Estate (homes priced from $500,000 to $7.5 million); Sunset Mountain, which offers incredible views close to the city ($300,000 to $2 million); and Grove Park, which is quaint and has historical interest ($300,000 to $1.8 million). Flat Rock in the Hendersonville area has estate properties on considerable acreage that date from the 1800s ($500,000 to $5 million).

In addition to its high-altitude western areas, North Carolina’s Atlantic coastline has prime beachfront properties. “The Outer Banks is an area rich in history and offers a variety of lifestyles and places to live,” says Lee M. Whitley, a broker in charge of the Kitty Hawk Land Co. in Kitty Hawk, N.C. The Outer Banks has everything from condominiums and townhouses to luxurious oceanfront mansions and world-class resorts. Second home buyers tend to congregate in the northern Outer Banks, from Southern Shores and Duck to Corolla. The Currituck Club, a gated golf community where prices range from $410,000 to $1.4 million, is also popular. 



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.


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.


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.

“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)


Most second home buyers want to be on or close to the ocean, reports Gerry Prud’homme, a broker with Sea Pines Real Estate Co. They are looking for houses with at least five bedrooms, entertainment-size kitchens, elevators and heated pools.

The barrier islands off Charleston are popular, due to the easy 20-minute drive into the city. Sullivan’s Island, Isle of Palms, Wild Dunes and the very exclusive Dewees Island are hot with buyers now; prices range from $210,000 to $4 million. Alexander Stone III, owner of Island Realty on Isle of Palms, said that half of his clientele are locals, hailing from the Carolinas; most of the rest are from Georgia. “The biggest plus is the city of Charleston and all of its cultural amenities,” he says. The area offers boating, fishing, crabbing, shrimping, horseback riding and, of course, the beach. 


Isle of Palms home listed with Vicki Hollingsworth (843.886.4056).  (Click image to enlarge)

Sources

Mountain Air Country Club
800.247.7791
www.mountainaircc.com

Ann Skoglund, Beverly-Hanks & Associates
828.681.2057
www.beverlyhanks.com

Lee Whitley
800.488.0738
www.khlc.com

Jim Saunders, Prudential Gouger O’Neal & Saunders
800.672.2228
www.jimsaunders.com

Phil Schembra, Schembra Real Estate Group
800.845.9506
www.schembrarealestate.com

Gerry Prud’homme, Sea Pines Real Estate Co.
843.342.9191
www.hiltonhead-isl.com

Alexander Stone, Island Realty
800.476.0400
www.islandrealty.com