Real Estate Rumors
Shawn Marion FINALLY unloaded his Miami condo … the one he was so desperate to sell, he once offered up Super Bowl tickets to any takers! The former NBA champ closed the deal on the massive, 7,373 sq. ft pad, which features six bedrooms and seven baths. It’s located in a super exclusive Coconut Grove gated community. Marion lost money on the deal — he sold it for $1.8 million after buying it in 2008 for just under $2.5 million.
Other living spaces include a step-down living room, a formal dining room and a master suite with a glass-enclosed shower. In all, there are four bedrooms and 4.5 bathrooms in 4,505 square feet. Outdoors, a covered patio opens onto a long swimming pool. A water-facing terrace extends off the home’s upper level. Stojakovic bought the home in 2012 for $3.675 million, records show.
Former Sacramento Kings forward Peja Stojakovic, who was a perpetual Lakers antagonist during the early 2000s, has listed his home in Miami for sale at $8.9 million. Set among tall palms in the guard-gated Sunset Islands, the property centers on an updated 1930s home with private canal frontage and a boat dock.
Klay Thompson, one-half of the Golden State Warriors’ sweet-shooting “Splash Brothers,” now has a splashy home to go with the title. The shooting guard, who has played his part in the Warriors’ run to the NBA Finals, found time to make another sort of play earlier this year, buying an ocean-view home in Dana Point for $2.2 million.
NBA All-Star Kevin Durant closed on the sale of his Miami condo for $3.15 million to a company controlled by Felipe Moncaleano. The Oklahoma City Thunder forward paid $1.825 million in 2011 for Unit 6307 in the condo at 900 Biscayne Blvd. so he enjoyed a 73 percent return. However, Durant also remodeled the unit, according to court records.
The walled estate encompasses nearly half an acre with a 12,178-square-foot main house, a guesthouse, security quarters, a 4,500-square-foot patio space and an infinity-edge pool with waterfall features and custom lighting. Private dockage can accommodate space for up to two 60-foot yachts. The three-story main house, replete with dark hardwoods, box-beam ceilings and glass walls, has an elevator, a wood-paneled office and a home theater with stadium seating. An entertainment wing features a lounge area, a game room and a wet bar. There are six bedrooms and 8.5 bathrooms.
Cleveland Cavaliers star LeBron James is under contract to sell his waterfront home in Coconut Grove, Fla., according to the Multiple Listing Service. The pending sale comes after James in March lowered the asking price for the modern compound in the Crystal Cove area to $15 million, down from $17 million last year. Records show that the 30-year-old basketball player paid $9 million for the property in late 2010, the year it was built.
Mike Richman: Aldridge may very well play for a different team next season, but it won’t be because the house he rented was put on the market in June. Aldridge has lived in at least three different places in his 9 seasons in Portland. Millionaires move around because they can.
Amy Schwartz: One month before free agency begins…and LaMarcus Aldridge’s Portland home is for sale. Take it for what it’s worth. #Blazers
Kobe Bryant is finding new ways to add records to his storied career. The Los Angeles Lakers guard sold his home in the Pelican Ridge area for $6,116,500 on Friday, according to the Multiple Listing Service, the highest price ever paid for a home in the Newport Coast enclave. The sale bests the previous high-water mark set by an 8,000-square-foot home that sold for $4.78 million in 2013.
A Newport Coast home owned by Lakers basketball star Kobe Bryant sold Friday for just over $6.1 million. The home, which had been under contract since mid-April, topped Pelican Ridge’s previous record of $4.78 million, according to Steve Thomas of ReportsOnHousing.com.
It appears that Kevin Durant is good at more than basketball: He also has an eye for hot real estate properties, Yahoo Homes reports. Durant’s Miami penthouse recently sold for $3.15 million, almost double what he paid for it just four years ago.
Andrew Keh: Andrei Kirilenko’s penthouse apartment is on the NYC rental market for a chill $45,000/month. (ht @Devin Kharpertian) bit.ly/1zKheWY
Towns did mention that his family would not relocate if he were to be drafted by a local team like the Knicks or the Philadelphia 76ers, but that he would have his own place of residence closer to the practice facilities.
Houston Rockets owner Leslie Alexander is putting his Manhattan penthouse on the market for $49.75 million, just two years after he bought it for $42 million, according to listing agent Melanie Lazenby of Douglas Elliman Real Estate. The apartment is located at 18 Gramercy Park, a prewar building recently converted to condos by Zeckendorf Development and Global Holdings. Mr. Alexander bought the apartment from the developers, going into contract in 2012 and closing in 2013, according to Ms. Lazenby, who sold Mr. Alexander the property. She is co-listing the apartment with Dina Lewis.
Los Angeles Lakers star Kobe Bryant is under contract to sell his home in Newport Coast, according to the Multiple Listing Service. The pending sale is expected to set a price record for the Pelican Ridge community. The current high water mark for the enclave is held by an 8,000-square-foot home that sold for $4.78 million in 2013, property records show. Bryant’s house currently shows a list price of $6.45 million.
Buyers looking for a piece of property with a scenic view of the canyons and hills in Southern California need not look any further. Miami Heat player Chris Bosh has been looking for a new owner to take care of his Pacific Palisades mansion and he even sweetened the deal by slashing off $1.5 million to the price.
LeBron James can’t seem to get out of Miami fast enough. Since leaving the Heat for the Cleveland Cavaliers he’s 0-2 there. Now he’s chopped $2 million off the asking price of his waterfront estate in Coconut Grove, Fla. Reduced to $15 million, the walled compound encompasses nearly half an acre. In addition to the 12,178-square-foot contemporary mansion, there’s a guesthouse, security quarters, a 4,500-square-foot entertainment space, an infinity-edge pool and dock space for up to two 60-foot yachts.
Because the only thing better than visiting Disney World is staying there forever, Mickey Mouse is getting a new 7-foot neighbor with smooth post moves. Nets center Brook Lopez, 26, a longtime Disneyphile with a Goofy figurine in his locker, told the Daily News that he is building a luxury home on site at his favorite Orlando resort. “My older brother Chris sent me a link when the property development was first announced three or four years ago now,” Lopez said. “We joked about doing it. As it got more real and real, I just decided I wanted to do it.”
Even without Thomas, who’s become a sparkplug for the Celtics since his acquisition, the C’s earned a thrilling win at TD Garden Wednesday night. Thomas was rooting his team on from a local hotel – he still hasn’t found a permanent home since the trade-deadline deal that brought him to Boston. “My team showed a lot of heart last night. I was watching the whole game. I was excited,” Thomas said. “Hopefully I can get back as soon as possible.”
Nash, 41, is committed to raising his family in Manhattan Beach, so Lakers fans will continue to see him around town as a retiree.
NBA center Ryan Hollins has listed his house in Tarzana for sale at $2.699 million. The Sacramento Kings player bought the country English-style home in a gated community four years ago for $2.3 million.
Brian Robb: Wow. KG just said he kept his home in Minnesota after all these years and visits each summer. That’s awesome.
Vincent Ellis: Just told that Jerebko considers himself a Michigander and will still live here. #Pistons
The 6,600-square-foot white traditional he recently purchased with Azalea — which used to be owned by singer-actress Selena Gomez — is a monument to his passions. The property, tucked behind a gate in the San Fernando Valley neighborhood of Tarzana, comes with a detached building that Young is converting into a “shoe house.” He employs not one but two “shoe keepers,” who oversee his 500-plus pairs of sneakers, a collection that includes Vans fitted with roller-skating wheels. As Young leads a tour from shoe house to main quarters, he pretends he is on MTV Cribs. Off the kitchen is a replica of the hollywood sign over a red carpet. In the billiards room is a 10-by-10-foot mural, painted by graffiti artist Dame MSK that incorporates a cartoon basketball with arms forming the three-point goggles. In the living room is a set of eight whoopee cushions, presumably for two-year-old Nick Jr., who shows less interest in them than his dad. And behind the bar are two oversized neon letters, s and p, the orange p familiar because it was once part of a Home Depot marquee. These are the initials of Young’s self-manufactured alter ego, a loopy but lovable character named Swaggy P, who fires 35-foot jumpers, attempts 360-degree layups and sometimes even makes them.
Allen Iverson’s former mansion in Villanova has finally been sold after two-and-a-half years on and off the market. Its price keeps dropping. Iverson paid $5 million, more than a decade ago, and he sold it for $2.6 million to Saladworks CEO John Scardapane in 2010. The new sale price of the 13,000-square-foot French estate was $2.19 million, to Joshua and Noelle Burg, according to Montgomery County public records. He is the president of Glass Enterprises, a glass manufacturer.
TMZ Sports has learned … after more than a year on the market, Paul finally found a buyer. But he only got $2.25 mil for the 5 bedroom, 6 bathroom spot … $150k less than he paid for it.
A Spicewood, Texas, home owned by the San Antonio Spurs’ Tim Duncan has come to market at $945,000. Set on about 2.25 acres on Lake Travis, the home has an outdoor fire pit, a boat dock and a wide stretch of dry frontage. The two-story residence, built in 1999, includes a double-height living room, a chef’s kitchen with a center island, five bedrooms and four bathrooms in 3,955 square feet. Among the features are a game room and an office/study. The master suite sports a two-sided fireplace and a large soaking tub.
Currently the assistant head coach of the Golden State Warriors, Alvin Gentry has moved on after being fired as head coach of the Phoenix Suns in 2013. As evidence of his coaching acumen, he’s played an instrumental role in the resounding success the Warriors have enjoyed thus far in the 2014-2015 NBA season. However, Gentry still has a remaining tie to Arizona: a Scottsdale home that he’s had on the market since May. Listed by Lesley McGee, the price has been cut three times to land at the current asking price of $1.06 million, a 10% reduction off the original price tag.
Clippers’ skipper Doc Rivers would prefer a NBA Championship but he’ll settle for a boatload of cash … he just scored an easy million after unloading his L.A. condo a year after buying. Rivers picked up the swanky Beverly West pad for just over $5.5M last year and 15 months later … he passed it off for $6.5M.
Avery Johnson, nicknamed the “Little General” during his playing days in the NBA, has sold his mansion-estate in The Woodlands, Texas, for $6.1 million – about 32% less than his original commanded price. The Mediterranean-style estate, designed by Jaurequi Architect and completed in 2005, backs the 17th hole of the Jack Nicklaus-designed course at Carlton Woods with a full-sized basketball court and a tiered pool on about two acres.
A former NBA player convicted in a real estate Ponzi scheme was due in court to argue for a new trial. Tate George has accused the government of prosecutorial misconduct. He was scheduled to appear in court in Trenton on Friday morning. George was convicted last fall on four mail fraud counts. He has been jailed since his conviction and was denied bail earlier this week.
Tayshaun Prince, the NBA small forward who currently plays for the “Memphis Grizzlies”, has reportedly purchased a home in North Palm Beach, Fla., for $3.1 million. Prince snagged the home for a discount as property records show that it was listed for $3.28 million. The home came up on market in mid September and closed deal by the end of that month marking a pretty quick sale.
Four-and-a-half-years on, Cuban’s shovel has yet to pierce the earth, and neighbors and everyone else have mostly forgotten about the grandiose promises. Even the government-subsidized apartments haven’t been built, thanks to HUD’s refusal to support the project. “Nobody’s paying attention because that property’s been over there vacant for over 100 years,” says Betty Culbreath, the district’s plan commissioner. She doesn’t think Wonderview is dead, but she’s never met with Cuban or his reps and there is no sign that activity is imminent
Dallas — nay, America — has many good reasons to love Mark Cuban. He turned the Mavericks into NBA champions. He’s the most accessible billionaire in the universe. He yells at terrible refs on our behalf and feuds with the Perots. He was a disruptor before disrupting was cool. But for all of Cuban’s endearing qualities, let’s be honest about something: He’s really terrible at real estate.
LeBron James is officially saying goodbye to Miami. Now that he’s back in Cleveland, James is selling his 16,680 square foot Miami digs for an asking price of $17 million. The six bedroom, eight bathroom house has an elevator, infinity edge pool and rooftop sundeck according to its listing on Opulence International Realty.
While news of LeBron James’ $17 million listing has been leading real estate headlines, new teammate and fellow all-star Kyrie Irving has made a move of his own, buying a Westlake, Ohio, home from former Cavaliers guard Daniel Gibson and his estranged wife, singer-songwriter Keyshia Cole. The 22-year-old point guard paid $800,000 for the two-story residence, found on more than half an acre west of Quicken Loans Arena. Gibson paid $1.25 million for the property in August 2009 and had asked as much as $1.1 million for the home last year.
Basketball vagabond Mike James, most recently of the Chicago Bulls, has put his mansion-estate in Houston on the market at $7.499 million. The gated compound, well-equipped for the modern athlete, features a detached sports complex, complete with an NBA regulation basketball court, a fitness center and hydrotherapy immersion tanks on nearly four acres in Rivercrest. Entered through a grand foyer, the 9,286 square feet of living space sports vaulted interiors with hardwood and marble flooring, detailed molding and stone fireplace. Among amenities is a game room with a wet bar, a media room and an office/retreat. There’s also two kitchens. The master suite, one of 11 bedrooms and 10.5 bathrooms, has dual vanities and a pair of soaking tubs. A detached guest house adds an additional 2,000 square feet. Outdoors, a sunken pool and spa separate the main residence and guest home. A pair of putting greens with sand traps and a water hazard complete the park-like setting.
Marcus recalls the area, known as the “1500 block,” as a place where Crips and Bloods gangs waged war, where drugs were rampant, where police sirens howled, where the Fourth of July was an excuse to fire off more gunshots than normal because outsiders mistook them for fireworks. “At the time when I was here,” Marcus says, “if you heard ‘Lancaster, 1500 block, Meadows,’ everybody said, ‘Oh, you live by the Meadows. We won’t come over there. We’ll talk to you later.’?”
If DeMar DeRozan needs a spot to hang his gold medal from the Basketball World Cup, the USA Basketball star has plenty of options to choose from. The former USC Trojans player and Toronto Raptors wing recently purchased a large estate in Tarzana for slightly over $3.75 million. The home, built in Mediterranean-style in 1995, occupies more than an acre in the gated Mulholland Park area with a pool, expansive lawns and a full basketball sports court. Entered through a grand foyer with a sweeping double staircase, the floor plan features detailed molding, distressed hardwood and a range of ceiling treatments.
Benjamin “Ben” Gordon, the shooting guard for NBA team “Orlando Magic”, has reportedly lowered the price of his Northbrook, Ill., home to $425,000 and might have found a buyer for the house as well. Property records show that the house has a “contingent sale pending” sign, which means the sellers have accepted an offer on certain conditions. However, the deal isn’t sealed yet.
Luol Deng, the veteran NBA forward who is expected to fill the void at small forward for the Heat in the post-LeBron James era, has paid $4.6 million for a home on the Miami waterfront. The walled compound, built in 1928, occupies nearly three-quarters of an acre north of downtown Miami with a Mediterranean-style main residence, a two-story guesthouse, a pool, a boat dock with a lift and 107 feet of frontage on Biscayne Bay.
Dwyane Wade reportedly makes around $30 million a year — his estimated worth is approximately $100 mil — which makes it pretty shocking his $1.2 million Chicago pad is in foreclosure. According to legal docs — obtained by TMZ Sports — Wade stopped making payments on the $225K mortgage … the docs don’t say how much he’s behind. The house is located in South Holland, a Chicago suburb. It’s massive — 7,800 square feet, 6 bedrooms and a basketball court on 3 acres.