Inside Ken Lewis’ $4.5M SouthPark home that's for sale

Inside Ken Lewis’ $4.5M SouthPark home that's for sale

Credit: Photo Courtesy Carolina Multiple Listing Services Inc.

Inside Ken Lewis’ $4.5M SouthPark home that's for sale

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by Rick Rothacker and Stella M. Hopkins | Charlotte Observer

WCNC.com

Posted on February 16, 2010 at 11:10 AM

Updated Tuesday, Feb 23 at 2:43 PM

CHARLOTTE, N.C.-- If you have $4.5 million, you can now bid for a piece of Charlotte banking history.

Retired Bank of America Corp. chief executive Ken Lewis listed his SouthPark home for sale last month.

Real estate firm Cottingham-Chalk/Bissell-Hayes is the Realtor.

For that seven-figure price, a buyer would get a 4-bedroom, 4.5 bath stucco-exterior home in the gated Morrocroft neighborhood. The home has a total of about 8,500 square feet on 1.27 acres of land, according to the listing and county property tax records.

Lewis and his wife, Donna, paid about $1.7 million for the home in 2003.

“Exquisite custom home on a very private lot,” the pitch for the home reads.

“Completely renovated and master addition in 2004. Features include his and her dressing rooms and luxurious bathrooms, chef’s kitchen with paneled walls, three car garage and formal gardens. Architecture by Ken Pursley and Ruard Veltman. Whitlock Builders construction. Beautiful finishes throughout.”

The listing doesn’t mean the Lewis’ are leaving town. “Mr. Lewis and his wife have already purchased another residence in Charlotte and simply put this residence up for sale in light of that development,” said James Wyatt, a Charlotte attorney who represents Ken Lewis.

County property records didn’t show a new residence for Lewis or his wife, but these records aren’t immediately updated.

Under fire for his Merrill Lynch &.Co. acquisition, Lewis retired Dec. 31 after four decades with the Charlotte bank.

This month, New York Attorney General Andrew Cuomo filed civil securities fraud charges against Lewis, Bank of America and another executive over allegations related to the Merrill deal. All three parties have vigorously protested the charges.

The Lewis’s also have homes in Colorado and the N.C. mountains.

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