Michael Jordan lakefront home in Cornelius, N.C. cost $2.8M

The home is about 22 miles north of uptown Charlotte where the Bobcats play their home games and whereJordan owns a spacious condo.

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    Charlotte Bobcats owner Michael Jordan watches as his team plays against the Chicago Bulls during the first half of their NBA basketball game in Charlotte, North Carolina February 22.
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Bobcats owner Michael Jordan has purchased a 12,310-square-foot lakefront homein Cornelius, N.C., for $2.8 million.

The home is about 22 miles north of uptown Charlotte where the Bobcats play their home games and whereJordan owns a spacious condo.

Public records show the home, which had been foreclosed, was purchased Feb. 19 by the Jordan Family Gift Trust from First Community Bank.

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The home is located on Lake Norman and the seventh hole of The Peninsula Golf Club. The listing states it features six bedrooms and eight bathrooms and a "stunning panoramic lake views from almost every room."

It is the latest real estate investment for Jordan.

Last year he purchased a 28,000-square foot home in Jupiter, Fla., for $12.8 million after selling his mansion in Chicago.

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