Skip to main content

Watertrace Homes in Tega Cay Near Lake Wylie

Watertrace sits on the Tega Cay peninsula with the easygoing feel that comes from being close to Lake Wylie and surrounded by established homes, mature trees, and generous lots.

Recently Sold
40

Recently Sold Listings

About Watertrace

Community overview based on MLS listing data for Watertrace, Tega Cay

First Impressions

Watertrace sits on the Tega Cay peninsula with the easygoing feel that comes from being close to Lake Wylie and surrounded by established homes, mature trees, and generous lots. The neighborhood’s setting leans toward cul-de-sac streets and wooded backdrops, with many properties opening to decks, porches, or water-facing outdoor spaces. It has the look of a community that was built for lingering outside as much as living indoors.

"Lake views, wooded privacy, and a resort-style setting define Watertrace’s appeal."

Home Styles & Community Feel

Most homes here are single-family residences, and the architectural range tends to favor larger floor plans with thoughtful extras: two-story foyers, hardwood floors, offices, sunrooms, bonus rooms, finished basements, and spacious kitchens. Many homes feature brick exteriors, and several of the more notable properties lean into custom details, from built-ins and wet bars to theater rooms and multi-level decking. The lot sizes are notably comfortable, often allowing for backyard living that feels more private than compact.

The neighborhood’s character is shaped by variety at the high end of the market. Some homes are straightforward and updated, while others are full-scale lake homes with boat slips, pools, and expansive entertaining areas. That mix gives Watertrace a polished but relaxed personality, with a clear emphasis on indoor-outdoor living.

Amenities & Daily Rhythm

Watertrace benefits from the broader Tega Cay lifestyle, where recreation is part of the everyday rhythm. Nearby amenities include golf, tennis, swimming, lake access, beaches, boat ramps, walking trails, parks, playgrounds, and Turner Field. Several listings also point to easy access to the Tega Cay Golf Club and the lakefront park areas, which helps explain why outdoor spaces matter so much in the neighborhood’s home design.

"This is a place where porches, patios, and backyard gathering spaces feel as important as the main living room."

The strongest homes in Watertrace often pair practical features with leisure-ready upgrades: garages, basements, pools, screened porches, and fenced or wooded yards. That combination creates a comfortable daily cadence, whether the goal is a quiet evening on the deck or a full weekend spent around the pool and lake.

Location & Schools

Watertrace is located in Tega Cay on the peninsula, with remarks noting quick access to Lake Wylie and convenient routes toward Charlotte, Rock Hill, Ballantyne, and CLT Airport. One listing places Turner Field within walking distance, and another notes the home is less than 1 mile from Tega Cay Elementary School and less than 0.1 miles from a park. The community is served by Tega Cay Elementary, Gold Hill Middle, and Fort Mill High, all in the Fort Mill School District. That combination of peninsula setting, recreation access, and recognizable school assignments gives Watertrace a distinctly local identity with strong everyday convenience.

Questions about Watertrace?

Palmetto Park Realty Team · Tega Cay

Ask about Watertrace — we answer fast

Own a home in Watertrace?

See what it's worth — your home's own sale history plus recent Watertrace sales, free.

What's my home worth?

Nearby Communities

Communities similar to Watertrace

Market Trends

Closed sales from MLS history for Watertrace, Tega Cay

Median sale price · trailing 12 mo
$692,900
6 sales closed · Mar 2022 – Feb 2023
Tega Cay 1 yr ▴ 8.2%

Watertrace median sale price is $692,900; Tega Cay is up 8.2%.

$400k $600k $800k $1.0M $1.2M 20222023202420252026 $693k Watertrace$610k Tega Cay Sales closed per quarter peak 2

The Watertrace real estate market shows buyer's market conditions. Homes typically sell within 70 days. With 1 active listing and 2 homes sold in the past year, buyers have more negotiating power and time to decide.

Pricing

Median Price
$960,000
Average Price
$960,000
$/Sq.Ft (Q1)
$123
1-Yr Price Trend
−41.8%

Property Details

Avg Bedrooms
4.2
Avg Bathrooms
2.9
Avg Lot Size
0.46 acres

Market Activity

Active Listings
1
Sold Last Year
2
Median Days to Sell
70 days

Community Info

Median Year Built
2000
New Construction
0%

Recently Off Market Properties

Listings taken off the market in the past year in Watertrace, Tega Cay

1 property
Looking for similar properties?

These homes are no longer available, but they show recent pricing and listing activity in Watertrace. Our agents can help you watch for new listings in this area.

Contact an agent
Call Map

Add a place

Listing alerts

Save this search

Choose a name and how often you want new-match alerts.

You can remove alerts any time from Saved searches.