Michael Jordan Buys Massive North Carolina Home For a Great Deal

Michael Jordan home, Charlotte, N.C.

NBA legend Michael Jordan is best known for scoring on the basketball court, but these days he's netting a lot more than three-pointers. Jordan's a pro in real estate, too, it seems -- because he's just gotten a huge deal on his second home in the Charlotte, N.C., area. The b-ball star and Charlotte Bobcats owner bought a 12,310-square-foot home on North Carolina's Lake Norman for $2.8 million, the Charlotte Observer reported.

Michael JordanThe waterfront mansion was a foreclosure that the bank repossessed last August, according to Zillow. It was listed for $3.49 million, so Jordan must have some negotiating skills. The six-bedroom, eight-bathroom home sits on the seventh hole of The Peninsula Club. We're not sure whether that's a good thing, since Jordan has a knack for getting kicked out of swanky country clubs for violating dress codes.

His Airness collects homes like NBA trophies: Jordan also has a luxury condo in Charlotte, he recently built a $12.4 million mansion in Jupiter, Fla., (where Celine Dion lives), and he has a place in Salt Lake City. He's still trying to offload his custom home in Chicago for $29 million. Jordan's new home happens to be where drag racing star Doug Herbert used to live. Herbert told the Observer that the house "is a great place to entertain friends and have people over."

The three-level home has a fitness center and a two-story great room that opens to a terraced patio. There's a large pool and spa in the backyard, as well as a boat slip and unparalleled panoramic lake views. "It's fantastic," Dave Gilroy, commissioner of the town of Cornelius, where Jordan's new home is, told the Observer. "He got a great buy on that house."

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