Former Bank of America CEO Ken Lewis is seriously trying to unload a beach house he owns in a private community in Spring Island, South Carolina.
Lewis, who left the bank at the end of 2009, just slashed the price on the vacation home to $2.975 million.
He previously reduced the price in 2009, to $3.3 million, after the property had already sat on the market for two years, the Wall Street Journal reported at the time.
Lewis bought the home along with Dennis Thompson, the founder and CEO of Charlotte, N.C.-based restaurant operator Firebirds International, in 2002 for $3 million, according to the WSJ.
The pad has three bedrooms, marsh views, and was once featured in Architectural Digest.
Business Insider Emails & Alerts
Site highlights each day to your inbox.