Cornelius family property on the market for $22 million
July 20. By Dave Yochum. An 80-acre lakefront parcel—owned by members of the Cornelius family—has gone on the market for $22 million. The lakefront property near Perth Road in Mooresville has more than a fifth of a mile of shoreline.
Valérie Dulude and Hanes Walker of Premier Sotheby’s International Realty in Charlotte have the listing.
The once-rural area is located off Cornelius Road and is surrounded by large homes on and off the water. The parcel is northeast of Perth Road.
The town of Cornelius was named in honor of J.B. Cornelius, a turn of the (20th) century investor and entrepreneur.
Quotable
“This is a once-in-a-lifetime opportunity to own an undeveloped property of this scale on Lake Norman. Its abundant acreage and prime location offer limitless potential for the development of a waterfront retreat,” the listing agents said in a press release.
Cornelius history
Frequently after heavy rains, the road connecting Davidson and (soon-to-be) Cornelius would become impassible. The hill leading into Davidson would become so muddy that many cotton farmers found it safer and more convenient to conduct their business just south of Davidson in a small frame building. The success of the cotton purchasing business later inspired the owners to construct a cotton mill where raw cotton could be converted into cloth. The owners of the cotton firm lacked the needed money to make the idea of a cotton mill a reality, but they knew who could provide the financial backing. Joseph Benjamin Cornelius (1833-1914) supplied the needed investment and the mill was opened. Although not a resident of Cornelius, the town recognized the significant role of J.B. Cornelius (principal stockholder in the cotton mill) by naming the town Cornelius.
Source: Town of Cornelius
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I believe that the town was previously called Liverpool as most of the cotton ginned in the area was exported to Liverpool in England during the Industrial Revolution years. Hence the named Liverpool Business Park on W Catawba developed by Eddie Knox, Charles Knox Sr.and myself back in the 90s
Wow… another white faculty
Family gaining wealth off the backs of blacks in the area. Its so convenient that they left off the part where he was a slave owner and bribed and blackmailed the black families and stole their land. That’s why he had over 1000 acres at the time of his death, including a plantation in Mecklenburg County. I guess his family was out there picking cotton for the cotton mill he owned right? Lol…. a joke… and so conveniently left out… its funny the generational wealth created by murdering, sabotaging, stealing of the black people and the town that was once where lake Norman is located. But congrats Cornelius family on 22 million??????