Luxury mansion on Lake Norman sold for a record-setting $6.8M
This luxury mansion with a panoramic view of Lake Norman, which hit the market a couple of months ago, just sold for $6.8 million.
It was originally listed for $7 million in May.
Why it matters: The recent purchase is the second most expensive home ever sold in Cornelius.
- It’s also the highest-priced home ever sold on Lake Norman per square foot, at $1,176, according to a statement from Premier Sotheby’s International Realty.
Background: The mansion is located in a popular, high-end area — 20927 Bethelwood Lane. NASCAR drivers Jeff Gordon and Rusty Wallace have previously resided on the same street.
Details: The home has five spacious bedrooms, six bathrooms plus a four-car garage in the 5,781 square feet estate.
- It was custom-built by Patrick Joseph Distinctive Homes to include features for entertainment and relaxation.
- The home boasts an open floor plan, hardwood floors, a fireplace, built-in shelving and large walk-in closets.
Bonus: Its panoramic view of Lake Norman can be seen from the expansive windows, a private balcony, a covered porch and the poolside.
Zoom out: Lake Norman is among one of a few areas outside of Charlotte to gain a recent uptick in buyers, according to Canopy data.
- In May, Lake Norman experienced positive year-over-year closed sales at 3.3% compared to the -16.6% in Charlotte.
Of note: The buyer purchased the home in a trust in order to remain anonymous, according to a Premier Sotheby’s representative.
All photos: Courtesy of Skycam Digital
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