Villages at Oak Tree
180 Oak Village Parkway, Mooresville, North Carolina 28117
The Villages at Oak Tree Outside of Charlotte, North Carolina is a Small 55+ Community with Pretty Grounds, a Tranquil Ambiance and a Clubhouse
Located in western North Carolina, Mooresville is a comfortable Charlotte suburb, and it is the location of The Villages at Oak Tree. This is a community for people age 55 or better, and it has nearly 180 single family homes and town homes.
Built by Bonanza Development Corporation from the late-1990s to the early-2000s, The Villages has an established feeling. The grounds are pretty and lush, peppered with tall trees, bushes, ponds and bridges with white hand rails. The homes are single story and cozy, with sizes ranging from approximately 1,100 to 1,500 square feet. Each one has two bedrooms, two baths and an attached one car garage. The exteriors are low maintenance vinyl and brick. Some residences have a glass enclosed patio.
Home prices start in the high-$100,000s. Please verify these prices with a Realtor as they may change.
The clubhouse is the center of social life and has a fitness center, game rooms, a library, a kitchen and a dance floor. Planned activities include lunches, card games and pot lucks. A paved walking path winds through the community, and RV storage is available for road warriors.
Mooresville sits along the banks of Lake Norman and was founded in the 1850s. It has been a railroad hub, a textile town and is now known as "Race City, USA." Much of the economy is dependent on tourists who come to visit the North Carolina Auto Racing Hall of Fame, the Mooresville Motorplex, the PIT Indoor Kart Track and various racing team garages that are often open to the public.
Lake Norman Regional Medical Center is in town and is accredited by the Joint Commission.
This area has summer temperatures in 80s and 90s and winter temperatures in 40s, 50s and 60s. On average, it receives 42 inches of rain per year.
Sir Walter Raleigh sent English colonists to North Carolina in 1585 and 1587 to settle Roanoke Island. Permanent settlements were established in 1653, and early conflicts included pirate raids, the Quaker-led Cary Rebellion and the Tuscarora Indian War.
North Carolina didn't see much fighting during the American Revolution, but many residents went out of state to fight. A lot of locals were pro-Union and anti-slavery, but the state joined the Confederacy during the Civil War.
The state is the nation's largest tobacco producer, furniture maker and brick and textile manufacturer. Papermaking, chemicals, and metalworking are important to the state economy, too. Most lithium and mica come from here.
Tourists spend more than $1 billion in North Carolina annually. Sporting options include skiing, golfing and fishing. Major attractions include the Great Smoky Mountains, Cape Hatteras, the Blue Ridge National Parkway, the Wright Brothers memorial, Carl Sandburg's home, and an Old Salem re-creation in Winston-Salem. North Carolina's climate is warm and tropical most of the time, but it can be subject to fierce storms part of the
Population - 10,146,788
Persons 65 years old and over - 16%
High school graduates, persons age 25+ - 85%
Bachelor's degree or higher, persons age 25+ - 28%
Persons of Hispanic or Latino origin - 9%
White persons, not Hispanic - 65%
Median household income - $46,848
Median home value - $154,500
Social Security taxed? No
Source: U.S. Census Bureau
Newer Communities vs. Older Communities
Retirement communities come in a variety of shapes and sizes. These days new communities have a lot of bells and whistles, often including a large clubhouse with a state of the art fitness center, a resort-style swimming pool, an 18 hole championship golf course (or two or three), concierge services, transportation services, a rental program and much more. Something to keep in mind with newer communities is how the development will look when it is completely built out. And who will the residents be? Older communities often cannot match the amenities of newer ones, but they make up for that by having an established group of residents. You have a better idea what you are getting when you buy into an older development.
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