Michael Jordan Buys Massive North Carolina Home For a Great Deal (PHOTOS)


Michael Jordan home, Charlotte, N.C.

NBA legend Michael Jordan is best known for scoring on the basketball court, but these days he's netting a lot more than three-pointers. Jordan's a pro in real estate, too, it seems -- because he's just gotten a huge deal on his second home in the Charlotte, N.C., area. The b-ball star and Charlotte Bobcats owner bought a 12,310-square-foot home on North Carolina's Lake Norman for $2.8 million, the Charlotte Observer reported.

Michael JordanThe waterfront mansion was a foreclosure that the bank repossessed last August, according to Zillow. It was listed for $3.49 million, so Jordan must have some negotiating skills. The six-bedroom, eight-bathroom home sits on the seventh hole of The Peninsula Club. We're not sure whether that's a good thing, since Jordan has a knack for getting kicked out of swanky country clubs for violating dress codes.

His Airness collects homes like NBA trophies: Jordan also has a luxury condo in Charlotte, he recently built a $12.4 million mansion in Jupiter, Fla., (where Celine Dion lives), and he has a place in Salt Lake City. He's still trying to offload his custom home in Chicago for $29 million. Jordan's new home happens to be where drag racing star Doug Herbert used to live. Herbert told the Observer that the house "is a great place to entertain friends and have people over."

The three-level home has a fitness center and a two-story great room that opens to a terraced patio. There's a large pool and spa in the backyard, as well as a boat slip and unparalleled panoramic lake views. "It's fantastic," Dave Gilroy, commissioner of the town of Cornelius, where Jordan's new home is, told the Observer. "He got a great buy on that house."

Find homes for sale in Charlotte, N.C., or search listings in your area.


More on AOL Real Estate:
Find out how to
calculate mortgage payments.
Find
homes for sale in your area.
Find
foreclosures in your area.
See celebrity real estate.

Follow us on Twitter at @AOLRealEstate or connect with AOL Real Estate on Facebook.

See Michael Jordan's New Massive Florida Home

Reader Comments (3)

3 Comments / 1 Pages

 

Add Your Comments


Please keep your comments relevant to this blog entry.Email addresses are never displayed, but they are required to confirm your comments. When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.


To create a live link, simply type the URL(including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted - no need to use <p> or <br> tags.

Renter's Rules

Whether you're a new renter or previous homeowner looking to rent again, navigating the process of finding an apartment can be difficult. We're here to give you everything you need to know about renting and make your search for an apartment a little easier.
AOL RealEstate on Facebook

Compare Mortgage Rates

Mortgage Rates by Zillow