Ken Lewis in Charlotte, Estate of the Day

by Deidre Woollard (RSS feed)
May 10th 2010 at 1:01PM

Those suffering in the real estate market might take some comfort in the fact that they are in the same boat with former Bank of America chief executive Kenneth D. Lewis who has two homes on the market both now deeply discounted. Of course Lewis has an advantage most of us don't, a multimillion dollar retirement plan.

We previously covered Lewis's struggle to sell the South Carolina vacation home he and his wife bought with Dennis Thompson, founder and CEO of Charlotte, N.C.-based restaurant operator Firebirds International in 2002 for $3 million. This home has been on and off the market for the past couple of years and has been listed at $2.975 million since November 2009.

Today's estate is the home that Lewis and his wife Donna are trying to sell in Charlotte, North Carolina, the headquarters of Bank of America. The home has been on the market for around four months and has already had a major price cut of more than 20 percent. The Wall Street Journal's Private Properties reports that Lewis's wife, Donna, bought the four-bedroom home in 2003 for $1.7 million. The home in the Morrocroft Estates subdivision went through a major renovation in 2004. The four-bedroom home is on 1.27 acres. The master suite has his and hers dressing rooms and bathrooms. The home also has a chefs kitchen with paneled walls, three car garage and formal gardens. This home is now listed at $3.999 million.

Gallery: Kenneth D. Lewis in Charlotte

Tags: charlotte, estate of the day, ken lewis, kenneth d lewis, north carolina real estate

Filed under: Estates

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Reader Comments (Page 1 of 1)

Spectacular Bid May 10th 2010 4:51PM

Interesting for newer construction but in my view a step down from their prior mansion there in Charlotte.

Ken Lewis and his wife Donna owned previously the magnificent estate, Morrocroft, from 1994 until about 2000 in Charlotte, NC. That 12,000 st stone mansion was designed by Harrie T. Lindeberg in 1927. Originally built for North Carolina Governor Cameron Morrison (served 1921-25) and had been on 3,000 acres at one time. It was carved down to just 2.5 acres when M/M Lewis owned it. They sold it for under $3M at the time.

You can see it (Morrocroft) on Bing maps (use the Bird's Eye feature): 2525 Richardson Drive Charlotte, NC

al schrader May 11th 2010 1:31PM

Wow what a cold medevil looking edifice. I would not spend the night & never live there. Plus big homes require too much walking around to get to things.
I prefer the human factors approach where everything is easy to get to and easy to use so that living there is a pleasure. My home is comfortable, easy to live in, and fun. The citrus gardens are 12 steps from the patio. Having a lot of money & buying an expensive house doesn't mean you have the good stuff. Doing your home work & using your brain will yield better results. . Alfred-

xmasgirl May 11th 2010 12:18PM

That house does not have a "lived" in look. too exotic. I would like to bid $125.00 on it and let them take the loss on their taxes.

Patricia May 11th 2010 12:56PM

I don't understand why any one would need all that room, even if they have several kids, that is just plan greed and i know that our lord is not happy with people that have to spend so much money just to walk around a house that isn't even a home, just a show place to show peoplevhow rich they are, or how rich they are suppose to be, there not really rich at all, only greedy

pepporcan May 11th 2010 11:55AM

Beautiful!

VIC POWERS May 11th 2010 12:09PM

couldn't happen to a more deserving guy... welcome to my hell, one you and bankers like you created...

Patricia May 11th 2010 12:55PM

I agree, it seems like the big people don't have the same worries we have and for them to have to sell there wonderful home for so much less makes me very , very happy

mamita May 11th 2010 12:50PM

Maybe it will fall on him.

DEBBIE May 11th 2010 1:04PM

Welcome to our world..........struggling

Graydon May 11th 2010 1:11PM

Absolutely stunning! And so elegantly appointed. The person who said he would bid $125 is obviously a bitter, trashy person. Patricia talks about "the Lord" and then gloats that she's happy someone is losing money on their home! Patricia is NOT a Christian, y'all! The Lord is NOT pleased with her and her gloating!

e6pro May 11th 2010 1:24PM

I don't know about you but I think the interiors look ugly. Not my taste. I guess I am into mid century modern design. I could never live in a place like this even if I was the richest man in the world.

jvermer May 11th 2010 1:53PM

Very ostentatious, and not very liveable looking. Why would ANYONE need such a "house" if not just to show off what you have?

mewhorter May 11th 2010 2:25PM

roflmao....that was GREAT

ocbrog May 11th 2010 2:50PM

Hey, where are all the TVs at?

cgbexec May 11th 2010 3:40PM

cgbexec May 11th 2010 3:53PM

Since when did being successful make you evil or a bad person? Why would you wish that a wealthy person loses money or that their home collapses on them? I think the internet has rotted your brains. I work hard for my family and I am by no means wealthy, but I do not begrudge anyone what they have worked for nor do I wish someone to begrudge me because I have a nicer car or a bigger home. Live your life the way you see fit, but don't stick your nose into others business and pretend to know what they are going through. Good grief! The house is very nice, but not my style. I prefer a warmer home with more wood and less stone.

PHIL TRIGG May 11th 2010 4:56PM

This IDIOT lives like this while foreclosing on tens of thousands of families. What a BAS$%&D! May he rot in hell sooner than later.

xmasgirl May 11th 2010 6:05PM

That's why they can't sell it!

xmasgirl May 11th 2010 6:08PM

graydon-i am not a bitter or trashy person at all. two of those chairs costs about what you make a year and you need a life and two eyes to see that the house had hardly been lived in since they have 2 other houses. If they ran a looky loo like you credit wouldn't even qualify you to pull into the driveway