Greg Zipadelli, NASCAR crew chief, sells Mooresville estate for $4.85 million

Greg Zipadelli, NASCAR crew chief, has finally succeeded in selling his huge gated mansion in Mooresville, N.C., for $4.85 million. According to Realtor, the estate was originally listed for $6.8 million in August last year.

Constructed in 2008, this Tudor-type mansion is set on roughly a one-acre lot on Lake Norman and includes five bedrooms, eight full and two half bathrooms. The 13,000-square-foot property features a gourmet kitchen, an office, formal living and dining rooms and a wine cellar. It also includes a decorated fake cave, video arcades, a wet bar and a pool table.

While the dining room boasts of antique chandeliers brought in from Italy, the kitchen has two islands and custom-made ovens from France and a pastry oven.

On the outside, an extensive patio offers views of Lake Norman. The courtyard is complete with an outdoor kitchen, a fire pit and a pool with a hot tub. One can access a private dock on the lake through a pathway from the massive mansion.

Although the property sold for less than its original asking price, Zipadelli, who is currently the competition director for Tony at Stewart-Haas Racing, does not seem to have lost much on the deal. Zipadelli and his wife Nan purchased the property in The Pointe community for a mere $1,175,000 way back in May 2007 before going on to develop it.

The property was listed with agent Carol Hampton of Trump International Realty.

Zipadelli is not the sole NASCAR member to be involved in a multi-million dollar property deal, as several other members of the organization have traded their property in the region recently. Joe Nemechek, a former champion, auctioned his 139-acre property in the Lake Norman area in 2012, while Kurt Busch, former Sprint Cup Series winner, acquired a 10,000-square-foot property there for $3.29 million in October 2013. Matt Kenseth also listed his 7,300-square-foot residence in the region for $2.8 million earlier this year.