5077 Waterloo Drive Tega Cay, SC 29708
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Community - Tega Cay
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Data compiled from available Multiple Listing Service sources.
Tega Cay is a peninsula community nestled alongside the shores of Lake Wylie in South Carolina. The community boasts plenty of recreational opportunities, a relaxed lifestyle, high-quality schools, and a convenient proximity to Charlotte.
Due to the area’s popularity and ideal location along the waters of Lake Wylie, the median home price in Tega Cay exceeds state and national medians. However, the appreciation of home prices in Tega Cay is consistently on the rise, making this a valuable area to invest in real estate. You will discover a mixture of lakeside homes in Tega Cay, in addition to homes nestled in friendly neighborhoods, each of which maintain a short distance to the water’s edge due to the majority of the community’s location on a peninsula.
Lifestyle and Attractions
Tega Cay means “beautiful peninsula,” which perfectly describes this waterfront community. It is nestled along the shores of South Carolina’s Lake Wylie, offering endless opportunities to enjoy nature and recreation. This is a popular community due to the recreational activities, relaxed lifestyle, high-quality schools, and proximity to Charlotte, which is about 30 minutes away. The town’s motto is “The Good Life,” which is reminiscent of the high quality living residents experience here. In fact, Tega Cay grew by 75 percent from 2000 to 2010, and the population is currently just under 10,000. This is also a prosperous community with an average household income more than twice the national average. The most common occupational fields for Tega Cay residents are management, business and finance.
Near the water’s edge, the Beach and Swim Center hosts a Junior Olympic-sized pool, a wading pool, a fitness room, an outdoor volleyball court, a beach area for swimming, and a pool deck overlooking the lake. The city maintains 10 parks, several of which have water access. Windjammer Park is home to the Carolinas Show Ski Team, which puts on free waterski shows throughout the summer. There is a system of walking trails winding through Tega Cay neighborhoods, linking parks together. Residents and visitors can also experience nature at the Living Memorial Gardens, a large public garden located in Tega Cay. The community hosts a number of annual events and festivals, including a Fall Festival and a popular Fourth of July Celebration. Tega Cay Golf Club is one of the best courses in the region, with 27 holes situated on more than 200 acres of beautiful land surrounding Lake Wylie.
Nearby Schools and Higher Education
Tega Cay has three schools in the Fort Mill School District, and shares in the advances of this excellent school system. In fact, Fort Mill schools have been rated amongst the best in South Carolina. Additionally, there are 19 private schools within 10 miles of Tega Cay. There are several institutions of higher learning within reach for Tega Cay residents, including Clinton College, the University of South Carolina Upstate, Winthrop University, and the colleges and universities in Charlotte.
Tega Cay was originally a development, and not a city. The developer broke ground in 1970 on land formerly owned by Duke Power Company, and eventually built roads, a golf course, tennis courts, and a clubhouse. After houses were built and a guard gate was erected, residents moved into this Polynesian-themed community. However, in 1982, the developer filed bankruptcy, and the residents formed a city to protect their interests. In 2000, the city annexed several other neighborhoods, causing the community to double in population.
Approximate Distance to:
Uptown Charlotte: 20.5 Miles
Charlotte Douglas International Airport: 21.5 Miles
Piedmont Medical Center: 15 Miles
Carolinas Medical Center: 20.5 Miles
I-77: 6 Miles
Properties within a 0.69 mile radius and similar in price (± 10%)