Mansion owned by Michael Jordan torn down

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Feb. 24. By Dave Yochum. A mansion owned by billionaire athlete Michael Jordan has been torn down, presumably to build an even more spectacular lakefront home. The 11,000 square foot house was previously lived in by Jordan’s mother.

The property has an appraised value of $6.175 million, according to Mecklenburg County property records.

It’s adjacent to the picture-perfect seventh hole at The Peninsula Club.

Background

Jordan sold majority interest in the Hornets—for $3 billion—and a sprawling mansion near Chicago after 12 years on the market, according to Bloomberg.

According to Sportico, Jordan unloaded the Highland Park, Ill. mansion for $9.5 million after listing it for $29 million in 2012.

In 2020, Jordan and NASCAR driver Denny Hamlin announced they would be fielding a NASCAR Cup Series team. The 23XI team fields the Numbers 23, 35, and 45 Toyota teams full-time for drivers Bubba Wallace, Riley Herbst, and Tyler Reddick, according to Wikipedia.

The race shop and team headquarters are in Huntersville.

According to Mecklenburg County records, the Jordan Family Gift Trust purchased the one-acre estate in The Peninsula for $2.8 million in 2013. A new mansion will be built in its place.