Filed under: Estates
Last month, the Wall Street Journal mentioned that Bank of America chief executive Kenneth D. Lewis was having trouble selling his vacation home in South Carolina. Today with Lewis in the news for his testimony in Washington D.C. it's a good time to revisit this charming summer home. Mr. Lewis bought the home with Dennis Thompson, founder and CEO of Charlotte, N.C.-based restaurant operator Firebirds International in 2002 for $3 million.
The charming home was designed by Mark P. Finlay and featured in the June 2000 issue of Architectural Digest. It has three bedrooms and 5,734 square feet of space. It includes antique heart pine and English limestone flooring, a large screening room and a two-car garage with office and security system. The home is located adjacent to a 400-acre nature preserve and has a deepwater dock. It went on the market last year then was pulled off the market but now it is back on and the price was recently cut to $3.3 million meaning that this home likely won't offer much of a return on his investment for Lewis.
UPDATE: As of November 2009, this home is listed at $2.975 million.
Gallery: Ken Lewis On Spring Island