Michael Jordan buys new $2.8M Charlotte-area homePosted by Inside Hoops
Bobcats owner Michael Jordan has bought his second Charlotte area property in three years – this time on the shores of Lake Norman.
First Community Bank sold the 12,310-square-foot home in the Peninsula Club in Cornelius to The Jordan Family Gift Trust for $2.8 million, according to property records. It closed Feb. 19 after more than 460 days on the market.
In 2010, the former University of North Carolina star and six-time NBA champion invested $3.15 million in two combined top-floor penthouses at The Trust condos in uptown Charlotte.
Jordan also recently built a $12.4 million mansion with 11 bedrooms and 28,000 square feet on a 3-acre property in Jupiter, Fla., according to the Chicago Tribune.
– Reported by Elisabeth Arriero of the Charlotte Observer