Michael Jordan demolishes $2.8M Lake Norman mansion for new estate
Michael Jordan’s $2.8 million Lake Norman property is undergoing a major transformation. Purchased in 2013, the site’s original six-bedroom, eight-bathroom mansion was demolished in March 2025. New aerial pictures now show the NBA legend’s custom luxury estate taking shape inside the exclusive Peninsula Club, with its structure and roofing apparently nearing completion.
NBA legend Michael Jordan is constructing a new lakefront mansion on Lake Norman in Cornelius, North Carolina. The property is being built by the Jordan Family Gift Trust, which purchased the original site for $2.8 million in 2013. The previous mansion on the property was demolished in 2025 to make way for Jordan's custom-built residence.
Recent aerial photographs show that the main structure and roof of the new home are now complete, with exterior finishing set to begin next. The property sits within the prestigious Peninsula Club golf community, with a tee box and fairway visible outside the property. Jordan's new estate adds to his impressive real estate portfolio, which includes properties in North Carolina, Florida, Utah, and Illinois.
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