A mansion in Isleworth sold for $11M. The owner tore it down, and sold the lot for $15M.
Three years ago, billionaire businessman Joe Lewis, who developed the exclusive Isleworth Golf & Country Club, sold his luxurious, Georgian-style estate on Lake Bessie for $11 million.
The buyer was another billionaire, sports beverage mogul Mike Repole, who promptly demolished the 17,000-square-foot mansion in 2022 to build a new home for his family — only to abandon those plans when he found another home in Isleworth he liked better.
Gone was the seven-bedroom, eight-bathroom mansion Lewis designed back in 1990 to resemble an English manor with stately columns, custom woodworking and marble floors. Also gone, the swimming pool, pool house and driveway. What remained was six acres of lakefront property between the seventh and eighth holes of one of the nation’s top golf courses.
Now that vacant lot has sold, GrowthSpotter reported — for $4 million more than the mansion itself. Repole just agreed to part with it in a cash deal for $15 million.
“This was just something he was left with,” Isleworth Realty President Wayne Sheffield, who originally sold the Lewis estate to Repole in 2021, said of the lot. Sheffield’s wife, Carey, brought in the new buyer, who has not been identified.