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5501 Carmel Park Drive

Shaq Thompson Sells South Charlotte Mansion For $9 Million With Ben Bowen And Lisa Rupp
SOLDSingle Family

Shaq Thompson Sells South Charlotte Mansion For $9 Million With Ben Bowen And Lisa Rupp

5501 Carmel Park Drive

$9,000,000

$821/SF

Building Size

10,951 SF

Asset Type

Single Family

Closing

Nov 7, 2025

AI

The property involved in the transaction is located at 5501 Carmel Park Drive in Charlotte, NC. This single-family home has a sale price of $9,000,000 and encompasses 10,951 square feet, resulting in a price per square foot of $822. The residence was built in 2020 and features luxury amenities. It set a record as the most expensive sale in Carmel Park.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $9,000,000
  • Address: 5501 Carmel Park Drive, Charlotte, NC
  • Square Footage: 10,951
  • Price per Square Foot: $822
  • Buyer: Merced Real Estate Holdings LLC
  • Seller: Shaq Thompson
  • Buyer's Representative: Lisa Rupp - Helen Adams Realty
  • Seller's Representative: Ben Bowen - Sotheby's International Realty

This transaction involved NFL linebacker Shaq Thompson as the seller, who listed the property for $10.7 million before settling on the final sale price. The deal was finalized after approximately three and a half months on the market. Kevin Harvick's mansion remains the record for the most expensive sale in the Charlotte MLS at $9.83 million.

Players

Ben Bowen

Sotheby's International Realty

Broker

$15.8M

vol

2 deals

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage

Charlotte Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93