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20221 Regatta Island Drive

SOLDSingle Family

Tom Bramhall Of Ivester Jackson Christie's International Sells Waterfront Mansion In Cornelius For $15.25M

20221 Regatta Island Drive

$15,250,000

Building Size

Asset Type

Single Family

Closing

Jul 16, 2026

AI

A private island estate located at 20221 Regatta Island Drive in Cornelius, North Carolina, has sold for $15.25 million. This sale sets a new record for the highest-priced home in the state's history. The single-family property encompasses 12,400 square feet and features six bedrooms. It was completed in 2024 and is situated on its own island on Lake Norman.

Summary of transaction details:

Tom Bramhall represented the seller in this high-profile transaction, which reflects a significant milestone in the North Carolina real estate market. The estate was listed by Ivester Jackson Christie's International, highlighting the collaborative effort behind the sale.

Players

Tom Bramhall

Christie's International Real Estate

Broker
Broker

Cornelius Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.04%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93