Former CEO’s $6.2M home purchase among Mecklenburg County’s most expensive

Three homes across Charlotte sold for more than $6 million in April. One of those properties was bought by the former CEO of a major Charlotte manufacturing company.

Frank Dowd IV, who served as Charlotte Pipe & Foundry’s CEO from 1998-2012 and is its current board chairman, paid $6.19 million for a historic Eastover home in an off-market sale, according to Mecklenburg County real estate records. That brick home, built in 1928, spans about 5,500 square feet. Its 0.66-acre lot includes a second, 157-square-foot structure built in 2008 as well as a pool and spa. The entire property has five bedrooms, with five full and two half bathrooms, county records show.

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