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Michael Jordan finally sold his mansion outside Chicago after 12 years — for a 67% discount. See inside.

13 December 2024 at 12:25
Michael Jordan wears a black leather jacket and wears a tense expression in March 2023 at a Charlotte Hornets game
Michael Jordan has finally offloaded his ultra-customized mansion in the Chicago suburbs.

Jacob Kupferman/Getty Images

  • Michael Jordan has sold his mansion in the Chicago suburbs after 12 years on and off the market.
  • Jordan, who hasn't lived there in years, listed it for $29 million in 2012. It sold for $9.5 million.
  • The massive home has custom nods to Jordan throughout, which might be why it took so long to sell.

Michael Jordan's mansion in the suburbs of Chicago, which has sat abandoned for years, has a new owner.

The legendary basketball star has officially sold the nine-bedroom home, which has been on the market on and off since 2012, for $9.5 million, according to property records.

Fourteen years ago, the former Chicago Bulls shooting guard listed the Highland Park, Illinois, mansion for $29 million. In 2015, he reduced the price to $14.855 million β€” whose digits add up to 23, the number on his Bulls jersey.

The mansion's sale price is a 67% discount from its original asking price.

Listing agent Katherine Malkin, of Compass, told The Wall Street Journal that after buying the property in 1991, he spent about $50 million building the home.

The house is full ofΒ nods to Jordan's basketball career, including the 23 on the front gate. His famous Air Jordan logo adorns the full-size indoor basketball court,Β and flag sticks on the putting green.

Even after various gimmicks, like offering a complete set of Air Jordans with purchase and marketing the home via videos in Mandarin to Jordan's fans in China, the house sat abandoned.

Jordan splits his time between his home state of North Carolina and Jupiter, Florida.

Below, we take a closer look at a house once considered basically unsellable. Most images are from footage taken by Concierge Auctions, which held an unsuccessful auction for the house in 2013.

The 56,000-square-foot compound sits on 7 acres.
michael jordan house2

Concierge Auctions

The front gate is emblazoned with 23, for Jordan's number.
Michael Jordan House

Zillow

Jordan himself lived in the main house for 19 years.
2018 10 23_9 46 43

Concierge Auctions

One outdoor amenity is an infinity pool with a grass island in the middle.
michael jordan house16

Concierge Auctions

The putting green outside the house comes complete with Jordan-branded flag sticks.
michael jordan house37

Concierge Auctions

An indoor-outdoor entertainment space perfect for watching basketball.
Michael Jordan house

Zillow

Inside are multiple sitting areas and entertainment rooms. This one is the "great room."
michael jordan house10

Concierge Auctions

This sitting room has a piano.
2018 10 23_9 27 13

Concierge Auctions

The centerpiece of the home is a full-size basketball court with a center ring that bears the name of his three children: Marcus, Jeffrey and Jasmine.
michael jordan house23

Concierge Auctions

The home also features a locker room, trophy room, and a full gym.
michael jordan house25

Concierge Auctions

Jordan's Chicago Bulls teammates used to work out there every morning, according to an interview shared by Concierge Auctions.
michael jordan house24

Concierge Auctions

There is also a cigar room with card tables, where we're guessing Jordan has played some high-stakes poker games.
Michael Jordan house

Zillow

There's also an expansive wine cellar.
michael jordan house27

Concierge Auctions

Some other fun details: The set of doors seen below are from the original Playboy Mansion in Chicago.
michael jordan house31

Concierge Auctions

There is a large aquarium built into the wall in one of the dining areas just off the kitchen.
2018 10 23_9 36 33

Concierge Auctions

The library upstairs, which features a drop-down movie screen, was said to be Jordan's favorite room.
2018 10 23_9 40 03

Concierge Auctions

There are media rooms throughout the house. Even seemingly random nooks have TVs.
michael jordan house11

Concierge Auctions

Even though it is widely considered abandoned, the house was at least at points occupied by staff Jordan hired to keep it looking fresh.
michael jordan house13

Concierge Auctions

Jordan has other homes. In 2013, he spent $2.8 million on a North Carolina lake house located in a golf-course community.
Michael Jordan house

Zillow

The house is in Cornelius, about a 30-minute drive from the Charlotte Hornets' arena. Jordan bought the team for $275 million in 2010 and sold it for $3 billion in 2023.
Michael Jordan house

Zillow

Jordan also reportedly bought a house on a golf course in Jupiter, Florida, for $4.8 million in 2013 and spent $7.6 million on renovations. The Wall Street Journal reported in April that Jordan bought another mansion in Jupiter for $16.5 million.
Michael Jordan house in Jupiter

Zillow

He also owns a full-floor condo in downtown Charlotte, in the same building as NFL quarterback Cam Newton. Condos there reportedly went for between $1.5 and $3.5 million.
2018 08 13_11 21 18

YouTube

In 2019, Jordan listed his 10,000-square-foot home in Park City, Utah, for $7.5 million. Agents think it will likely sell faster than the Chicago compound.
Michael Jordan

Isaac Brekken/Getty

Cork Gaines, Rachel Askinasi, and Tony Manfred contributed to this post. It was last updated on December 13, 2024.

Read the original article on Business Insider

Robert Redford, 88, selling another California home to spend more time out of state

5 December 2024 at 01:43
Robert Redford (left) and the interior of a home in California (right).
Robert Redford is selling his home outside San Fransisco for $4.15 million.

Arnold Jerocki/Getty Images; Open Homes

  • Robert Redford has listed his Tiburon, California, home for $4.15 million.
  • The actor, 88, and his wife want to spend more time in Santa Fe, New Mexico.
  • The couple has recently offloaded a wine-country estate in California and two Utah properties.

Robert Redford and his wife have put their secluded home outside San Francisco on the market for $4.15 million.

The actor, who starred in films "Butch Cassidy and the Sundance Kid" and "The Way We Were," was born in California and still owns property there but said in an email that he wants to spend more time in other parts of the West.

The roughly 2,824-square-foot home is located in Tiburon, California, a town across the Golden Gate Bridge from San Francisco. The median listing price for homes in Tiburon is $3.3 million, according to Realtor.com.

Redford and his wife, artist Sibylle Szaggars Redford, bought the home in 2020 for $3.1 million, public records show. The couple also own another home in California, Sundance, Utah, and Santa Fe, New Mexico β€” where they primarily live.

"Sadly, we are not able to spend as much time in Tiburon as we would like, as we are now spending more time in Santa Fe, New Mexico," the Redfords said in an email. Santa Fe is home to Szaggars Redford's fine art gallery and an arts and conservation nonprofit the couple runs called The Way of the Rain.

Redford, who has said over the years that he values privacy, added that the Tiburon house appealed to him in part because of its location "on a quiet, unpaved cul-de-sac, which does not experience a lot of traffic."

In 2014, he told the Hollywood Reporter that he wanted to leave the congestion of his hometown of LA.

"I wanted to be away from Los Angeles because I felt it was going to the dogs," he said. "I was just getting more and more anxious about wanting out."

The couple has offloaded several properties over the last five years.

In 2019, they sold a Napa Valley home on 10 acres of wine-country land for $7 million. They still have another property in California, according to the Wall Street Journal.

Redford, who cofounded the Sundance Film Institute in Utah, has also sold two properties in the state: the 2,600-acre Sundance Mountain Resort and Horse Whisper Ranch. Szaggars Redford listed a separate cabin in Utah for $3.99 million earlier this year. Redford still owns a ranch near the resort.

The four-bedroom, two-and-a-half-bathroom home is nine miles from the Golden Gate Bridge.
The exterior of a home in California.
The exterior of the 2,824-square-foot home.

Open Homes

The wood-shingled home was built in 1968.

The Redfords, who bought the house for $3.1 million in 2020, have put it on the market for $4.15 million.

The Redfords remodeled the interior of the home to give it a more coastal feel.
The coastal interior of a home in California.
A living room inside the home.

Open Homes

According to Compass, the brokerage representing the Redfords, the home's furniture and artwork are not included in the listing price but can be negotiated.

The house has 2,824 square feet inside and more than 1,000 square feet of outdoor decking.
An outdoor patio with a view of the water.
A portion of the deck with views of the water.

Open Homes

The home has views of San Francisco Bay, Angel Island, Raccoon Straits, and the East Bay.

The home's lush surroundings make it feel like an oasis.
Lavender growing outside a home.
Lavender growing outside the home.

Open Homes

The home is surrounded by redwood trees, according to listing agent Steven Mavromihalis, and the gardens are perfect for lavender, jasmine, and succulents.

The split-level home is located on a quiet cul-de-sac off an unpaved dirt road.
A view of the water from a bedroom.
A view from one of the bedrooms.

Open Homes

The cottage is a short walking distance to the beach, hiking trails, restaurants, and three yacht clubs.

Even though it feels secluded, the house is not too far from San Francisco.
A sunset view of the water from a home.
A sunset view of the water from the home.

Open Homes

Tiburon has a population of under 10,000 residents, but the property is only a 40-minute car ride β€” or a 30-minute ferry ride β€” away from San Francisco.

Read the original article on Business Insider

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