735 Burrage Road, Concord NC 28025

Gorgeous home located on a private wooded lot minutes to downtown Concord! Mountain-like setting with just a 30 minute drive to uptown Charlotte! Main home features a living and family room, dinning room, Master suite, laundry room, huge kitchen and second bedroom. In the 2nd Living Quarters, a full kitchen, eat in area, deluxe bathroom, laundry room, 2 bedrooms, family room and oversized deck. Huge basement for all your entertaining needs.

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Just Listed Lot 11 Bridgewater Monroe NC, 28112

Exquisite 5 bedroom/7 bath home built with high-efficiency & low maintenance costs. Spend evenings with the family relaxing by the fireplace enjoying the serene lake views as you are bathed in natural light from the two story windows. The gourmet kitchen is fully equipped with granite counter tops, tons of storage, custom cabinetry and top of the line appliances. The ground floor master bedroom has two separate custom closets, a private sitting area with lake views, and an oversized master bath.

 

DCIM100MEDIA *basement *bed 2 *bed 3 *bed 4 *bed 5 *bonus room *breakfast *dining room *exercise *family room *foyer *front *hall *kitchen *lake *master bath *master bed *porch *study

Tyra Banks Lists Manhattan Condo

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SELLER: Tyra Banks
LOCATION: New York City, NY
PRICE: $3,795,000
SIZE: 2,000(ish) square feet, 2 bedrooms, 2.5 bathrooms

As first reported by the celebrity real estate minx at the Daily News, 1990s supermodel turned “Top Model” mogul Tyra Banks has hoisted her New York City pied-a-terre on the open market with an asking price of $3,795,000.

Property records show the model-mogul picked up the city-view two-bedroom and 2.5 bathroom condo in March 2005 for $2,102,686 and current digital marketing materials suggest the approximately 2,000-square-foot high-floor unit carries taxes and maintenance charges that tally up to $4,097 per month.

According to the floor plan included with online listing details, a curved wall in the unusually roomy foyer bends around to a 600-square-foot-plus open plan living area with Brazilian mahogany floors, five large windows on two walls with north and east exposures, and an all-white galley style kitchen.

At the center of the long and slender apartment there are a guest bedroom, a couple of closets for coats and things, a powder room and a laundry closet. The master suite at the rear has a large bedroom, a spacious compartmentalized bathroom with marble detailing, a private sitting room/study and three custom-fitted closets, two of them walk-ins.

The pet-friendly pre-war building, the former East River Saving Bank Building now dubbed The Spring, was originally designed by architect Cass Gilbert in 1909 and converted to condos in 2004. It offers it’s well-heeled residents full-time doormen, basement storage and a common roof deck with wrap around city views.

Miz Banks’s representatives told the Daily News that although the reality show host “loved the apartment but simply wasn’t able to spend any time there with her current work schedule.

Robert Pattinson Buys House in Hollywood Hills

robert-pattinson-hollywood-hills-home

BUYER: Robert Pattinson
LOCATION: Los Angeles, CA
PRICE: $2,176,500
SIZE: 1,940 square feet, 2 bedrooms, 2 bathrooms

The “Twilight” franchise superstar was the secret buyer behind the $2,176,500 blind trust purchase of a humble if well-appointed and hardly inexpensive home in a celebrity-filled pocket of the Hollywood Hills.

Set privately behind another house down a long, gated red brick driveway, the single-story hacienda-style casa has just two bedrooms and two bathrooms and comes in at 1,940-square feet.

Rustic and satisfyingly well-patinated terra cotta tile floors run throughout the interconnected main living spaces — the flooring switches to wood in the bedrooms — that include a reasonably roomy living room with multiple French doors that open to the yard. Twin arches flank a minimalist, double-sided fireplace and lead into a sky-lit, combination kitchen and dining area with vaulted, open beam ceiling and a full-complement of high-end stainless steel appliances, including a $14,000 U.K.-manufactured cast iron range. Both bedrooms have custom built-in wardrobes and direct access to outdoor living and lounging areas and both bathrooms have arched and tiled combination shower/tubs, the hall bath in cobalt blue and the master bath in celery green.

A brick veranda runs along the inside façade of the angled residence and gives way to a somewhat compact but remarkably private and tree-shaded yard with good-sized flat lawn, wee kidney-shaped swimming pool and rugged canyon views. Courtyard areas around the side and rear of the residence include variety of terraces and a secluded spa set into a brick terrace tightly girdled by a thick wall of privacy ensuring shrubbery.

Jake Gyllenhaal Sells Hollywood Hills House

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SELLER: Jake Gyllenhaal
LOCATION: Los Angeles, CA
PRICE: $3,262,500
SIZE: 2,826 square feet, 2 bedrooms, 2.5 bathrooms

Property records and other online resources now show that Oscar-nominated actor and budding movie producer Jake Gyllenhaal has sold his house on a famously celebrity-lined road high in the hills above Hollywood for $3,262,500 to an as yet unknown buyer. (The property was listed at $3.5 million)

Property records show the Tinseltown scion and busy movie star purchased the gated and very privately situated 1.92-acre property in July 2005 (via blind trust) for $2.5 million and digital marketing materials peg the late-1940s, single-story ranch house at 2,826-square-feet with two bedrooms and 2.5 bathrooms.

A long drive way sweeps up from the street to a motor court in front of the main house that includes a formal living room with what appears to be white-painted wood floors and a step-down lounge lined with wood-framed glass sliders filled with panoramic views of the San Fernando Valley. A less formal great room/den has a vaulted and sky-lit ceiling, generous built-in bookshelves and an integrated office area and media room.

The cork-floored eat-kitchen, right off the formal living room as far as this boozy-eyed property gossip can tell, has with wood counter tops — let’s just assume they’re walnut or teak or something delicious like that — subway tile back splashes and high-end appliances that include a glass-fronted industrial-inspired fridge/freezer that costs about as much as a well-equipped Hyundai.

There are a variety of terraces and patios that surround the house plus a bulbous, bullet-shaped swimming pool with an adjacent cabana lounge. Other features of note include a detached office and — natch — a high-tech, camera-equipped security system.

The Most Unreal Estate Transactions of 2014

There were certainly some extreme sales this past year that stayed out of the public spotlight: At this level of luxury, many brokers choose not to include homes on the multiple listing service, often for privacy reasons. All the homes in our roundup were listed publicly.

The 3 Most Expensive Sales

All three of the most expensive home sales this year had their fair share of the spotlight. Two of the homes belonged to big-time celebrities and the third was all over the news as the highest price ever paid for a home in the U.S…. The actual selling price has since been reduced but a BIG story nonetheless.

The Cash is King-dom

Address: 350 North Carolwood Dr
City: Los Angeles, CA
Sale Price: $88,300,000

Originally reported as the most expensive home sale of all time at $102 million, the Fleur de Lys mansion in the Holmby Hills neighborhood of Los Angeles eventually sold for $88.3 million. It was still the most expensive sale of the year.

Parrothead Paradise

Address: 540 S Ocean Blvd
City: Palm Beach, FL
Sale Price: $42,900,000

This Palm Beach estate actually consists of three separate addresses, one of which was once home to Mr. Margaritaville himself, Jimmy Buffett.

Star-Studded Sale

Address: 12780 Chalon Rd
City: Los Angeles, CA
Sale Price: $40,000,000

This mega-mansion in Brentwood belonged to two mega stars: New England Patriots quarterback Tom Brady and his supermodel wife Giselle Bunchen. The pair sold the estate that they reportedly spent four years building to rapper and music producer Dr. Dre.

The 3 Largest Homes Sales

The average home in the U.S. is right around 1900 square feet. Each of these homes was more than 15 times that size.

Mega Manor

Address: 794 Evander Holyfield Hwy
City: Fayetteville, GA
Sale Price: $5,879,000
Size:  44,234 square feet

Everything about this property is big. Formerly owned by heavyweight boxing star Evander Holyfield, it happens to be the largest single-family home in the state of Georgia. “Villa Vittoriosa” (The Victory) has 12 bedrooms, 13 full bathrooms and eight half-baths, as well as an outrageous 350,000-gallon pool.

12-Ton Timepiece

Address: 40 Verbalee Ln
City: Hillsborough, CA
Sale Price: $22,800,000
Size: 35,000 square feet

This palatial property right outside of San Francisco was built at the height of the Great Depression by renowned architect David Adler. It was a behemoth property at the time of its construction but has really stood the test of time.

Mi Casa Es Su Castle

Address: 706 Guisando De Avila
City: Tampa, FL
Sale Price: $5,580,000
Size: 28,893 square feet

This estate is 20 minutes outside of Tampa, and that’s probably the same amount of time it takes to walk from one side of this home to the other.

The 3 Highest “Over-List” Purchases

In competitive markets, homes often sell for more than their list price. But sometimes that “markup” is extreme, as with these three purchases. It’s really no surprise that two of these three homes are in the Bay Area. The market was the center of real estate competition this year. On average, more than 60 percent of homes for sale faced bidding wars and it seemed no one really cared what they had to pay to win.

Malibu’s Most Wanted

Address: 23916 Malibu Rd
City: Malibu, CA
List Price: $14,995,000
Sale Price: $20,000,000

How much is a house on the sand worth to you? Well, apparently it’s $5 million more than you’re thinking. The new owner of this prime piece of real estate on the highly coveted Malibu Beach paid $20 million for this home, which was listed for just under $15 million.

Silicon Valuable

Address: 721 Webster Ave
City: Palo Alto, CA
List Price: $2,695,000
Sale Price: $5,480,000

From the outside, this home in Palo Alto looks pretty basic. But there was nothing basic about its sale price. This property actually consists of two newly constructed homes in a highly coveted neighborhood. Jackpot! On the market for about a week, this baby was a hot property, so hot the new owner ended up shelling out nearly $2.8 million more than the asking price to snag it.

Priceless in Pacific Heights

Address: 2610 Scott St
City: San Francisco, CA
List Price:  $9,750,000
Sale Price: $11,750,000

Sitting pretty in prestigious Pacific Heights, this home flew off the market in just a few days. The new owner of this home in San Francisco wasted no time offering $11.75 million to win their spot on the hill, $2 million more than the owners asked for.

Prices Hold Strong as Home Sales Drop in November

With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.

Another sign of the seasonal slowdown last month was a 27.7 percent dip in new listings. The average number of days on market and the percentage of homes selling above list price were little changed from October.

Home prices did not budge last month even as sales slumped. In fact, the median sale price has essentially flatlined at $274,000 for the past three months, a pattern that is different from last year when prices decreased by 0.9 percent from September to November. On a year-over-year basis, the median sale price increased 6.2 percent this November.

Ideally, price growth would be accompanied by strong sales. This would indicate that the market was in balance. A balanced market is one in which buyers and sellers are on the same page when it comes to prices and there’s enough inventory to meet buyer demand and vice versa.

Sales decreased the most from last year in three California metro areas: San Francisco (-19.4 percent), San Jose (-18.8 percent) and San Diego (-17.5 percent). The sales slump was not due to absent buyers but to too few sellers. Inventory plunged 22 percent on average in these three metros in November from October.

Home Prices Increase as Inventory Wanes

We usually see fewer homes listed in November than in October, so last month’s nearly 28 percent drop in new listings was not a surprise. What is surprising is that the number of homes on the market in November declined 1.5 percent from last year, the first year-over-year drop in inventory we’ve seen all year.

Homeowners are in a better position to sell now than they’ve been in years. The number of homeowners with negative or low equity has decreased significantly in 2014. We estimate that just 11 percent of homeowners owe more than 80 percent on their mortgages in November, compared with 19 percent in April of this year.

Some homeowners may be turned off from listing due to the lack of homes available for them to purchase as their next home. Others may be using their increase in equity for home equity loans, which increased 21 percent in 2014.

This strong price growth that we saw heading into December could finally lure would-be sellers into the housing market.

Median Sale Price

Metro name Median sale price Month-over
Month Change
Year-Over-
Year Change
Atlanta, GA $ 171,950 +1.1% +15.4%
Austin, TX $ 245,000 +2.1% +11.4%
Baltimore, MD $ 234,000 -1.3% -2.5%
Boston, MA $ 340,000 +2.8% +4.6%
Boulder, CO $ 352,500 +3.4% +8.5%
Charlotte, NC $ 184,000 +1.7% +4.0%
Chicago, IL $ 182,500 -1.9% +7.7%
Dallas-Fort Worth, TX $ 206,950 -3.7% +11.9%
Denver, CO $ 278,000 +1.9% +11.2%
Fort Lauderdale, FL $ 175,000 +0.0% +6.1%
Fresno, CA $ 199,950 -2.8% -0.4%
Hampton Roads, VA $ 205,200 +0.7% +6.3%
Houston, TX $ 229,000 -0.4% +20.6%
Hudson Valley, NY $ 375,000 -3.8% +0.7%
Indianapolis, IN $ 144,900 -0.1% +7.4%
Las Vegas, NV $ 187,500 +1.5% +10.3%
Long Island, NY $ 370,000 +2.2% +0.6%
Los Angeles, CA $ 475,000 -1.0% +8.0%
Miami, FL $ 215,000 -1.8% +7.5%
Minneapolis-St. Paul, MN $ 204,900 -1.3% +6.1%
Oakland, CA $ 529,650 -1.0% +7.0%
Orange County, CA $ 567,000 -0.1% +5.5%
Orlando, FL $ 168,000 +3.1% +6.8%
Philadelphia, PA $ 226,950 +2.3% +3.1%
Phoenix, AZ $ 195,000 -0.2% +4.3%
Portland, OR $ 280,000 +0.0% +5.7%
Providence, RI $ 212,500 -6.0% +6.2%
Raleigh-Durham, NC $ 217,500 +1.2% +3.1%
Riverside-San Bernardino, CA $ 283,500 +1.3% +9.0%
Sacramento, CA $ 288,000 -2.4% +6.7%
San Antonio, TX $ 176,000 +3.0% +5.1%
San Diego, CA $ 438,000 -1.6% +5.5%
San Francisco, CA $ 960,000 +3.3% +19.9%
San Jose, CA $ 750,000 -2.5% +12.1%
Seattle, WA $ 375,000 +1.4% +8.6%
Tacoma, WA $ 230,000 -0.9% +10.0%
Tampa, FL $ 153,000 -2.5% +7.0%
Tucson, AZ $ 168,000 -1.2% +1.8%
Ventura County, CA $ 473,000 -4.5% -0.2%
Washington, DC $ 360,000 +0.6% +2.6%
West Palm Beach, FL $ 200,000 +0.0% +11.1%
Combined Markets $ 274,100 +0.1% +6.2%

 

Homes Sold

Metro name Homes sold Month-over
Month Change
Year-Over-
Year Change
Atlanta, GA 4,450 -12.8% +0.7%
Austin, TX 1,800 -22.6% -4.0%
Baltimore, MD 2,250 -16.5% +3.1%
Boston, MA 4,050 -16.5% -6.9%
Boulder, CO 350 -20.0% +3.8%
Charlotte, NC 1,850 -23.1% -1.8%
Chicago, IL 7,000 -17.0% -9.2%
Dallas-Fort Worth, TX 5,300 -26.1% -8.3%
Denver, CO 3,600 -21.4% +4.4%
Fort Lauderdale, FL 2,150 -19.7% -5.0%
Fresno, CA 500 -23.7% -9.0%
Hampton Roads, VA 1,200 -23.9% -12.2%
Houston, TX 4,950 -23.4% -3.5%
Hudson Valley, NY 800 -21.5% -1.0%
Indianapolis, IN 1,850 -25.1% -4.0%
Las Vegas, NV 2,400 -16.5% -7.9%
Long Island, NY 1,700 -22.4% -6.7%
Los Angeles, CA 4,550 -20.6% -9.8%
Miami, FL 2,400 -17.1% +2.5%
Minneapolis-St. Paul, MN 3,200 -29.8% -15.4%
Oakland, CA 1,950 -22.6% -6.1%
Orange County, CA 1,950 -17.5% -6.1%
Orlando, FL 2,700 -20.1% +7.1%
Philadelphia, PA 2,750 -21.4% -4.0%
Phoenix, AZ 4,750 -20.2% -3.8%
Portland, OR 2,400 -25.6% +1.7%
Providence, RI 750 -24.2% -6.7%
Raleigh-Durham, NC 1,800 -23.2% +2.1%
Riverside-San Bernardino, CA 3,450 -19.6% -9.3%
Sacramento, CA 1,900 -24.7% -8.2%
San Antonio, TX 1,350 -15.3% -3.3%
San Diego, CA 2,100 -23.9% -17.5%
San Francisco, CA 1,050 -18.1% -19.4%
San Jose, CA 900 -7.9% -18.8%
Seattle, WA 2,900 -24.8% -1.1%
Tacoma, WA 800 -19.7% -0.2%
Tampa, FL 3,750 -16.0% +10.7%
Tucson, AZ 850 -16.0% -2.8%
Ventura County, CA 550 -19.8% -3.6%
Washington, DC 4,750 -20.0% -3.9%
West Palm Beach, FL 1,900 -28.6% -8.4%
Combined Markets 102,600 -20.9% -4.9%

 

Homes Newly Listed for Sale

Metro name Homes newly listed for sale Month-over
Month Change
Year-Over-
Year Change
Atlanta, GA 8,150 -23.1% +0.6%
Austin, TX 2,050 -27.2% +4.5%
Baltimore, MD 3,150 -30.2% +2.1%
Boston, MA 3,850 -42.0% -7.9%
Boulder, CO 300 -33.0% +1.7%
Charlotte, NC 2,300 -18.7% +4.2%
Chicago, IL 9,650 -29.2% +4.6%
Dallas-Fort Worth, TX 6,150 -24.9% -5.5%
Denver, CO 2,850 -36.7% +1.9%
Fort Lauderdale, FL 4,000 -14.9% +4.0%
Fresno, CA 650 -29.6% +6.2%
Hampton Roads, VA 2,000 -23.0% -0.0%
Houston, TX 6,450 -19.9% +12.6%
Hudson Valley, NY 900 -35.0% -4.2%
Indianapolis, IN 2,050 -31.8% -6.8%
Las Vegas, NV 3,200 -25.5% -6.9%
Long Island, NY 2,350 -29.9% +0.3%
Los Angeles, CA 6,200 -26.0% +6.2%
Miami, FL 4,350 -18.7% +2.9%
Minneapolis-St. Paul, MN 3,400 -43.8% -11.0%
Oakland, CA 1,600 -40.6% -9.5%
Orange County, CA 2,600 -20.1% +8.3%
Philadelphia, PA 3,650 -34.3% -2.8%
Phoenix, AZ 7,250 -23.0% -9.8%
Portland, OR 2,350 -32.3% -4.9%
Providence, RI 1,000 -34.1% -0.4%
Riverside-San Bernardino, CA 6,300 -17.0% +17.0%
Sacramento, CA 2,200 -29.7% -8.7%
San Antonio, TX 1,700 -21.7% +5.4%
San Diego, CA 2,900 -29.3% -3.8%
San Francisco, CA 750 -45.3% -17.7%
San Jose, CA 850 -41.3% -15.1%
Seattle, WA 2,650 -37.1% -7.8%
Tacoma, WA 900 -22.6% -11.5%
Tucson, AZ 1,450 -19.3% -3.7%
Ventura County, CA 650 -21.7% +0.9%
Washington, DC 5,900 -33.8% -2.8%
West Palm Beach, FL 3,600 -15.5% -0.7%
Combined Markets 123,188 -27.7% -0.5%

 

All Homes for Sale

Metro name Homes for sale Month-over
Month Change
Year-Over-
Year Change
Atlanta, GA 37,100 -6.7% +3.7%
Austin, TX 5,850 -10.1% +9.7%
Baltimore, MD 14,150 -9.2% +10.7%
Boston, MA 22,550 -4.9% +19.5%
Boulder, CO 750 -18.2% -14.6%
Charlotte, NC 12,450 -5.5% +46.8%
Chicago, IL 44,500 -3.1% +22.3%
Dallas-Fort Worth, TX 15,800 -10.0% -15.2%
Denver, CO 6,200 -14.5% -21.9%
Fort Lauderdale, FL 15,050 +1.2% +40.8%
Fresno, CA 2,150 -10.0% +36.6%
Hampton Roads, VA 10,000 -2.8% +8.2%
Houston, TX 15,850 -7.1% -9.0%
Hudson Valley, NY 9,000 -2.0% -82.6%
Indianapolis, IN 15,650 -9.8% -11.3%
Las Vegas, NV 16,050 -3.5% -7.1%
Long Island, NY 15,800 -7.1% -0.4%
Los Angeles, CA 15,350 -7.2% +29.6%
Miami, FL 18,200 -0.4% +25.8%
Minneapolis-St. Paul, MN 15,100 -14.3% -1.2%
Oakland, CA 2,800 -26.6% -0.6%
Orange County, CA 7,350 -6.1% +48.8%
Philadelphia, PA 21,750 -9.3% +2.0%
Phoenix, AZ 24,850 +1.1% +2.6%
Portland, OR 8,300 -13.6% -12.9%
Providence, RI 5,600 -6.4% +6.6%
Riverside-San Bernardino, CA 18,600 +1.7% +57.7%
Sacramento, CA 6,600 -14.0% +2.0%
San Antonio, TX 6,050 -4.4% -3.1%
San Diego, CA 7,550 -13.2% +2.1%
San Francisco, CA 1,700 -29.0% -0.5%
San Jose, CA 2,300 -24.6% +45.0%
Seattle, WA 7,100 -18.7% -13.0%
Tacoma, WA 3,400 -12.4% -11.0%
Tucson, AZ 6,050 +6.9% +16.4%
Ventura County, CA 1,800 -12.2% +13.4%
Washington, DC 20,000 -14.5% +14.4%
West Palm Beach, FL 14,700 +2.0% +5.7%
Combined Markets 475,119 -6.7% -1.5%

 

What to Get a New Homeowner for the Holidays

You’re almost done with your list of people to get gifts for this holiday season, but you may be stumped on what to get the new homeowner.  A gift card to that person’s favorite clothing store might have sufficed in the past, but perhaps he or she needs something a bit more practical this year … like a drill. Here are a few gift ideas for the person in your life with a new address (and new needs) this holiday season.

Holiday Ornaments and Decorations

Charlotte NC Christmas

What better way to commemorate a homeowner’s first holiday in a new home than with new holiday ornaments and decorations! It’s something that can be used year after year. It’s affordable and thoughtful!

Potted Herb Plant

House Plants

If the person on your list loves cooking or plants (or both!), a potted herb plant is perfect. There is plenty of room for variety, too. Get your new homeowner a mixture of herbs, such as chives, basil and cilantro. It’s the gift that will keep on giving all year round.

Food

Charlotte NC Food

When someone is moving and unpacking, cooking is always difficult. Festive snacks or fresh local coffee beans will keep your loved one’s spirits (and energy) high during this transition into being a homeowner this holiday season. A homemade dish would also be appreciated. If you don’t have time to cook, you can always pick up takeout from a favorite restaurant.

Local Magazine Subscription

Charlotte newspaper

If the person in your life just moved to a new city, gift a subscription to a local magazine. The city’s magazine will come in handy when the new homeowner want to learn about the hot spots for restaurants or bars and will give ideas for cool things to do in the area.

Gift Certificate for a Local Restaurant

Charlotte gift cert

Do some research and find the best spots to dine in your loved one’s new area. Find a restaurant you think he or she would like and get a gift certificate. You may be introducing a new favorite local spot!

Tool Kit

Charlotte NC tools

A tool kit is a great gift for anyone who just got into a new home. With so many different tools out there, you may have a hard time deciding which tools are the best ones to gift for your loved one. Here is a list of a few “starter tools” your giftee will be thanking you for:

  • Adjustable wrench
  • Hammer
  • Screwdriver
  • Cordless drill
  • Tape measure

Welcome Mat

Real Estate home mat

Nothing says home sweet home like a welcome mat at your doorstep. This will make the person on your list feel even more at home. It also keeps guests from tracking dirt inside that new home.

Last but Not Least … Offer Some Holiday Help

Charlotte Charity

If you are a close friend to the new homeowner, offer to help with home-related tasks, like rearranging furniture or meeting a furniture delivery service or contractor while your friend is at work. Even offering to walk the dog or take the kids for a couple of hours would be a fantastic gift for someone who is short on time and energy from getting settled into a new place.

The Best Neighborhoods to See Holiday Lights in 2014

 Christmas Lights

It starts the day after Thanksgiving … people adorn their homes with twinkling lights and holiday decorations, turning the neighborhood or the entire city into a winter wonderland. While most people choose to place just a few strings of lights on the roofline, there’s always at least one home that goes all out with inflatable snowmen, plastic reindeer and thousands of lights, like Clark Griswold’s home in “National Lampoon’s Christmas Vacation.”

Every longtime resident knows of at least one Griswold-style home in their area; word spreads and, soon enough, hundreds of families come to visit each year. But for people who have just moved to a city, it can be difficult to know where to see the best holiday lights and decorations.

Compiled is a list of the five best neighborhoods to see holiday lights in the nation and in 34 metropolitan areas around the U.S. For the most part, these are old-fashioned home displays that don’t cost a thing, making a trip out to see them a budget-friendly holiday activity for friends and families.

Here are the top five neighborhoods in the U.S. for 2014:

Dyker Heights – Brooklyn, NY
“Christmas Town” – McAdenville, NC
Interlochen – Arlington, TX
“Miracle on 34th Street” – Baltimore, MD
Peacock Lane – Portland, OR
McAdenville, North Carolina, and the Interlochen neighborhood of Arlington, Texas, made the top five list, replacing South 13th Street in Philadelphia and 37th Street in Austin.

McAdenville’s nickname is Christmas Town, thanks to the elaborate displays that the residents put up every year. There are more than 375 lighted trees and 200 wreaths adorning the lamp posts, and most residents decorate their homes, drawing a crowd of more than 600,000 people each year! In Interlochen, there are more than 200 homes decorated with extravagant displays, and it has become a holiday tradition for friends and families in North Texas to make the drive out to see the lights.

Nick Nolte Sells Home

home for sale

Nick Nolte just sold his home in Malibu for $3.9 million; that’s $4.3 million less than the original asking price!  The 73-year-old actor listed the house in April 2013 for $8.25 million, but the property’s price has been lowered significantly since it hit the market. The home’s new owner certainly got a deal on the actor’s former residence, which spans 6,006 square feet and sits on over two acres of land.

Nick Nolte sells home

The property’s grounds are absolutely gorgeous with a touch of romance, landscaped with sycamore and pine trees. Inside, the home is just as romantic as the outside, with Italian marble floors, French doors and windows, high vaulted ceilings and carved wooden fireplaces. A mahogany arched entranceway with onyx floors leads into a spacious living room with plenty of natural light coming from the skylights above. The property also has a two-bedroom, three-bathroom guest house, tennis court and a pool and spa in the backyard, making this estate feel more like a vacation destination than a home.

Nick Nolte house for sale

Nolte, who has been nominated for three Academy Awards, must have a passion for music as well as acting; the 17th listing photo shows a room full of guitars. Other photos reveal décor with an Asian influence, including two Chinese guardian lion statues at the entrance into the living room.