In the 1970s, developers had an idea to create a Polynesian-inspired gated community on the shores of Lake Wylie. Unfortunately, the developer went bankrupt, but the community’s homeowners decided to incorporate to maintain the lifestyle they’d been creating. This was the origin of the city of Tega Cay.
Strict rules about new development within this small town ensure this area remains naturally beautiful and upscale. Today, it is one of the best places to live in the United States on many lists, and home buyers in the Charlotte area looking for an upscale neighborhood often turn to Tega Cay.
Tega Cay is located just 20 miles from Charlotte. The city has around 10,000 residents, plenty of miles of shoreline on Lake Wylie, and several rivers nearby. Water activities are a way of life here, with marinas dotting the shoreline to make it simple to take out a boat.
This small city is just 4.5 square miles near the North and South Carolina border. Most of it is on a peninsula that juts into Lake Wylie. Highway 160 is one of its borders, and along this major road are many shopping, medical and financial businesses. On the peninsula, a plethora of golf courses, gardens, and parks provide ample opportunities to enjoy the mild climate of the local community.
Tega Cay has a relatively low crime rate compared to national averages. This is likely due to its origins as an upscale, gated community.
The combination of low crime rates, access to shopping and dining options, beautiful homes, and plenty of protected green space makes Tega Cay a great place to settle down. In fact, it regularly ranks among the top places to live in the country. In addition, residents typically have a high income, and the appeal of good schools and proximity to Charlotte adds to its benefits. With everything they need close at hand, upscale homes to choose from, and a large city a short drive away, Tega Cay is a great place to live.
Much of the entertainment options in Tega Cay are built around the outdoor spaces and waterfront. A summer concert series invites residents to enjoy the outdoor spaces while listing to live music. Annual festivals for July 4th and the Christmas Tree Lighting are popular with local community members. They even celebrate a City Birthday Party to celebrate all that makes Tega Cay appealing. This is a vibrant and energetic place to live.
Residents often go to The Greek Grill when they want something to eat. The fast, casual Greek restaurant uses imported ingredients for authentic flavors of the Mediterranean. Model A Brewing Company provides a place to grab a drink in Tega Cay and serves good food. Tega Cay has everything its residents need, with a brewery and dining in the community.
Tega Cay has larger, upscale homes, with strict rules about the types of homes that can be built in the community. The average price in February 2023 was $425,750, down over the previous year. Overall, the price per square foot is rising slightly year over year. The competitive market sees homes selling in between 40 to 50 days on average and close to their list price.
Families benefit from moving to an area with well-rated schools. The rating of schools also impacts property values in the future for those who do not have children.
Overall, schools in Tega Cay rank very high, with an A+ rating. The Metrolina Regional Scholars Academy, Pleasant Knoll Middle School, Gold Hill Middle School, and Gold Hill Elementary School all have A+ ratings for their quality programs. The area also has a few highly rated private schools nearby, including Walnut Grove Christian School and Charlotte Catholic High School.
With excellent schools, beautiful homes, and plenty of parklands, Tega Cay is a family-friendly place to live. Families often play at Anne Springs Close Greenway or the Catawba River/Fort Mills Access Area. In addition, many walking trails provide a chance to enjoy outdoor activities.
In addition, Tega Cay has many daycare options, such as the Village Montessori School and the Toddlers Academy Learning Center. Families who need quality childcare options while they work will find several choices. The Atrium Health Urgent Care and Novant Health provide access to medical care promptly.
If you want to move to one of Charlotte’s suburbs, Tega Cay could be the right choice. Contact our real estate team to learn more about the local housing market.