Quail Hollow estate sells for over $12 million

A Quail Hollow estate in Charlotte sold for $15 million on May 21, setting a new high-water mark for residential sales in the Charlotte region, according to Charlotte Business Journal and Mansion Global. The property, at 7318 Baltusrol Lane, closed at its full asking price after hitting the market in late April. Both outlets said the deal surpassed the previous regional record of $12 million. The home had been listed by Ivester Jackson | Christie’s International Real Estate. ### Which house actually sold? The property that sold is 7318 Baltusrol Lane in Charlotte’s Quail Hollow area, not one of the other multimillion-dollar homes nearby. Ivester Jackson’s listing described it as a 15,154-square-foot single-family residence with six bedrooms, six full bathrooms and six half bathrooms on about 0.93 acres. Zillow and the listing site for the home described the estate as sitting along the fairways of Quail Hollow Club. The materials also said the house was built in 2017 and marketed as a custom project involving architect Harry Schrader, builder Arcadia Homes and J Layton Interiors. ### Why is this sale getting attention beyond one neighborhood? The key number is $15 million. Charlotte Business Journal reported that the sale “far exceeds” the previous regional record of $12 million, while Mansion Global called it a record-breaking transaction for Charlotte. That matters because the deal was not just a high-end closing but a new benchmark for the local market. (ivesterjackson.com) The preliminary reporting that circulated on X referred to a sale above $12 million; the published follow-up reports put the final number at $15 million. ### How quickly did it move? Charlotte Business Journal reported that the estate sold for its full asking price in less than a month on the market. (bizjournals.com) Mansion Global reported an even shorter timeline, saying the house found a buyer in less than a week and closed at asking. The listing was publicly visible by late April. A Charlotte Observer report distributed via Yahoo said the home was listed for $15 million, and Ivester Jackson’s listing page showed the property as under contract within weeks. (bizjournals.com) ### Who owned the estate before the sale? The house had been tied to the family of Doug Lebda, the late founder and former chief executive of LendingTree. (bizjournals.com) Charlotte Business Journal and Mansion Global both identified the property as Lebda’s former Quail Hollow mansion. Earlier local coverage said Lebda’s widow had listed the property after his death in October 2025. (yahoo.com) The Charlotte Observer report named Liza Caminiti of Ivester Jackson | Christie’s International Real Estate as the listing agent. ### What did the listing say buyers were getting? Ivester Jackson’s listing put the asking price at $15 million and described a six-bedroom, 12-bath estate overlooking Quail Hollow Club. (bizjournals.com) Zillow’s syndicated version said the home included 17,843 square feet of heated and cooled space and highlighted limestone exterior work, a gated motor court and custom finishes. (yahoo.com) The marketing around the house leaned heavily on its golf-course setting and tournament ties. The listing site for 7318 Baltusrol Lane called it “one of the most exquisite custom homes ever offered in Charlotte,” language used in the property’s sales materials rather than by independent reporting. ### What happens next in the paper trail? The May 21 closing is now likely to be followed by county recording and database updates that will show the buyer entity, deed details and transfer tax information. (ivesterjackson.com) Charlotte Business Journal’s report and the brokerage listing established the sale price and closing status first. Mecklenburg County property records and local multiple-listing data are the next places where the transaction should appear in fuller detail as the paperwork is processed. (7318baltusrol.com) (ivesterjackson.com) (bizjournals.com)