NBA Rumor: Real Estate

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Kevin Durant buys $15.6 million mansion in Los Angeles

Kevin Durant still has off-season love for Southern California, it would seem. Two summers ago, the perennial All-Star bounced out of his oceanfront Malibu villa, selling the $12.2 million house to “CSI” television franchise creator Anthony Zuiker. A professional move from the NBA’s Golden State Warriors to the Brooklyn Nets soon followed. But now Durant is back, and the 32-year-old holds the keys to a $15.6 million mansion in Hidden Hills, a celebrity-packed guard-gated city in L.A.’s San Fernando Valley.

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Built this year by a local developer on speculation, the house was pre-sold to Durant prior to its completion, and was never on the market — so details remain exceptionally slim. But the two-story mansion is large, probably around 10,000 square feet, and was designed in the trendy modern farmhouse architectural style. Sited near the end of a quiet cul-de-sac on a 1.8-acre lot, the spacious property is a literal stone’s throw from the $17.5 million mansion of fellow NBA star Ben Simmons.

HDLC approval was required because adding a level to the First Street house would have required the removal of 62% of the home’s existing roof, and part of the addition would have been visible from the street. At a virtual hearing Wednesday, the HDLC unanimously dunked the request after expressing concern about the “precedent” it would set for other properties in the historic district, home to some of the grandest houses in New Orleans.

After selling their luxury Miami Beach, FL, condo on the exclusive Fisher Island for $16.25 million in February, the tennis great Caroline Wozniacki and the former NBA All-Star David Lee have made another move. However, the athletic couple didn’t venture too far afield. Instead, they snapped up the last unit in the same high-end building for $18.7 million. Their latest purchase in the Palazzo Del Sol is a penthouse, which spans 6,644 square feet and features four bedrooms, 4.5 bathrooms, and a rooftop oasis.

Of course, the 29-year-old Moreno Valley native is no stranger to big real estate splurges. Leonard still owns a sumptuous estate in the equestrian-oriented San Diego suburb of Rancho Santa Fe, Calif., acquired in 2019 for $13.3 million. And during basketball season, he bunks up in a $6.7 million condo at the ritzy Ritz Carlton Residences at L.A. Live, the skyscraper condo complex that sits high above the Staples Center, and where other moneyed residents include fellow pro basketballer Lonzo Ball, Lakers owner Jim Buss, and horror movie maestro Jason Blum.

Wanna live like a King? You can buy the enormous Brentwood mansion LeBron James called home … if you’re willing to drop $20 mil! The NBA superstar has listed the 9,500-square-foot estate he purchased back in 2015 — a colonial-style mansion on Rockingham Ave. And, if that street sounds familiar … it’s because of the O.J. Simpson connection. Bron’s home is actually just a few blocks from the infamous Rockingham estate where O.J. lived when Nicole Brown and Ron Goldman were murdered in 1994.

The extraordinary spaciousness of Amar’e Stoudemire’s South Florida mansion is perhaps unsurprising given that its current owner stands six foot ten inches tall. But now, someone else will have the chance to live under its soaring ceilings, because the former NBA star and six-time All-Star has put the ultraprivate 2.3-acre property on the market for $3.5 million. With doorways that measure 10 feet in height, the home appears from the outside to have several levels, but in actuality, Stoudemire sought out the property more than a decade ago specifically because it’s a single-story home. “We just wanted a nice family-style home with no stairs,” his wife Alexis told Architectural Digest in 2017. “Basically a sanctuary for us to get away from everything.’

Divac purchased the downtown digs in April 2018 for $910,000 in the middle of his tenure as the general manager of the Kings. He’s also lived in the neighboring Sacramento County town of Carmichael. In 2016, Carmichael’s Chamber of Commerce named him “Person of the Year.” His former residence in Pacific Palisades recently sold again in November, for $3,436,000. He had purchased the property in 2004 for $2.5 million and sold it in 2015 for $2,711,500.

Chris Paul sells Houston mansion

About a year and a half after the Rockets traded him away, basketball star Chris Paul has wrapped up his business in Houston, selling a modern mansion on the west side of the city. The sale price was not disclosed, but records show the All-Star point guard was itching to sell. A month after the Rockets dealt him to the Thunder, he listed the property for $8.3 million and trimmed the price three times over the next year. It was most recently offered at $7.2 million.

It’s been a great month for JaVale McGee. Just a few days after winning an NBA championship with the Lakers, the big man has sold his Encino home of five years for $2.49 million. He’ll walk away with a profit of about $70,000 compared with 2015, when he bought the Mediterranean-style retreat from Grammy-winning singer-songwriter Marc Anthony for $2.42 million. Designed for entertaining, the secluded property is tucked behind two sets of gates and centers on a three-story home of nearly 6,300 square feet. Out back, palm trees and string lights top a resort-style space with a swimming pool, spa, gazebo, shower room and cabana with a bar.

Although the deal was extensively reported in July, it’s only today — fittingly, near the end of a fantastic Lakers season — that LeBron James has finally closed on his $36.8 million residential upgrade in the 90210, a multi-structure compound packing fantastic views and a storied, only-in-Hollywood pedigree. Built in the 1930s, the colorful Mediterranean-esque villa was owned for years by Charles Boyer, an Oscar-nominated leading man actor of that era who starred in a number of black-and-white classics, among them “Conquest” and “Algiers.”

Shaquille O’Neal, after opening a chicken sandwich shop near the Strip, has bought a house in Las Vegas, records indicate. The 7-foot-1-inch basketball Hall of Famer, known for his powerful dunks, lousy free throws and even worse movies, purchased a home in the Southern Highlands community, at the southern tip of the valley, early this year before the coronavirus pandemic upended daily life across the U.S., property records indicate. The $765,000 sale closed Feb. 19.

Gordon Hayward has a sprawling $3 million mansion in Indiana that sits on nearly seven acres — with a pool, wine cellar and every fancy bell and whistle a house can boast. A grand 2-story entryway, outdoor kitchen, hearth room, theater and ornate woodwork spread throughout. Hayward bought the home in July 2019 from D10 Investments, LLC, for $3 million, according to public records. The former Butler basketball standout and Celtics star has a home in Boston, too. Earlier this year, he was the owner of a third property, a massive Rancho Santa Fe, California, estate worth $3.9 million, but he sold that in March.

It looks like the luxury real estate market is still hot in the San Francisco Bay Area. NBA forward Andre Iguodala, previously with the Golden State Warriors and now attached to the Miami Heat, has let go of his mansion in Lafayette, CA. Designed by architect Ken Hertel, the Tuscan-style build was sold in just six weeks. For the athlete, selling quickly may have been more important than making a profit. He purchased the home in 2017 for $3.6 million, and just sold it for $3.65 million.

Orlando Magic shooting guard Evan Fournier and his wife, Laura, have picked up a chic estate in Winter Park, FL, for $2.9 million. The NBA player scored a deal. The Winter Park Chain of Lakes property had been listed earlier in the year for $3.25 million, and had then been dropped to $3.15 million in May, before the Frenchman grabbed it. Overlooking the picturesque Lake Maitland, this sweet pad features timeless design in a convenient neighborhood close to downtown, about a 15-minute drive to the Amway Center, where the Magic normally plays home games.

Basketball big man DeMarcus Cousins is looking to cash out in Las Vegas, listing his 20,000-square-foot showplace for $8 million. Records show the four-time All-Star, who sat out this season with a torn ACL, bought the home through a corporate entity three years ago for $6.5 million. A few miles west of the Las Vegas Strip, the amenity-loaded mansion offers a world of entertainment across nearly two acres. A circular driveway is capped by a porte-cochere entry at the front of the estate, which takes in sweeping views of the surrounding mountains.

In Bel-Air, the striking home built for basketball legend Wilt Chamberlain has resurfaced with a reduced price tag of $14.9 million, or about $4 million shy of what it originally sought in 2018. Like the basketball star himself — who holds the record for most points scored in an NBA game at 100 — the house possesses a near-mythical quality. Chamberlain had the home built in the ’70s, and it became known as Ursa Major, the star constellation home to the Big Dipper — one of Chamberlain’s many nicknames.

Doc Rivers, a former NBA All-Star player and championship coach, who since 2013 has been the head coach of the Los Angeles Clippers, is looking to shake up his real estate portfolio, quietly listing a beachfront home in Malibu for nearly $13 million. The house was once owned by TV exec Don Ohlmeyer and leased by Backstreet Boy Nick Carter. Property records indicate the former point guard, who led the Clippers to the playoffs last year but lost in six games to the Golden State Warriors, purchased the Spanish-style residence in 2017 for a bit more than $9.5 million. A quick comparison with online listings at the time of his purchase show the four-bedroom and 5.5-bathroom home, located in a prestigious guard-gated enclave, was subsequently renovated in a relaxed, contemporary style that offers panoramic coastline and endless ocean and sunset views.

Jordan Farmar, a former NBA player and two-time champion with the Los Angeles Lakers, loves calling Las Vegas his home for the last six years. He now has a hand in building his own. The Los Angeles native, his wife, Jill, a former professional soccer player, and their two daughters will be moving into their new home in Southern Highlands in May. Domanico Custom Homes is constructing the home valued at $3.5 million, and Farmar and his new carpentry skills have helped it along.

The 33-year-old Farmar, who is retired from the NBA, lives in Southern Highlands in a home he has occupied for the last few years. Before that, Farmar bought the 2016 New American Home in MacDonald Highlands in Henderson, which was showcased at the International Builders’ Show in Las Vegas. He lived there for less than a year before moving back to Southern Highlands in a 4,000-square-foot home. “I moved to Vegas (as a tax shelter) while I was still playing,” Farmar said. “The more we stayed out here, the more we fell in love with it and the less I wanted to be in Los Angeles. Now I don’t like to go there at all. I go there and handle my business and come back as soon as possible.”

Meyers Leonard’s Oregon residence listed for $3M. Have you ever wanted to live in a mansion? Have you ever wanted to live in a house a Trail Blazer used to call home? Is your answer yes to both questions? Well, you’re in luck. If you have an extra $3 million laying around, you can take a mansion off of Meyers Leonard’s hands. The house, all 7,934 square feet if it, is nothing short of a dream home.
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Thunder offered Shai Gilgeous-Alexander, No. 6 pick to Pistons for No. 1 pick?

Cade Cunningham has been the public favorite to go No. 1 to the Detroit Pistons since the lottery. While Detroit is surely doing its due diligence, is there any reason to doubt that Cunningham will be the first name we hear on Thursday night? Matt Babcock: I expect Cade Cunningham to be the top overall pick in this draft, selected by the Detroit Pistons. However, I’ve been told that the Houston Rockets and Oklahoma City Thunder have been knocking the Pistons’ door down. Rumor has it that the Thunder offered the No. 6 pick and Shai Gilgeous-Alexander in exchange for No. 1 — the Pistons declined. If the Pistons receive an offer better than that one, they may need to seriously consider it.
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However, two other names also are swirling around. Moses Moody has been someone league sources have said the Grizzlies are very interested in. He’s one of the most intriguing 3-and-D guys in the draft. In his one year at Arkansas, he made 35.8 percent of his 3-pointers, and nearly 50 percent of his shots came from beyond the arc. Nobody is blown away by 35.8 percent, but scouts/executives believe in his shot and are encouraged by the 81.2 percent he shot from the free throw line. Free-throw percentage is often an indicator of someone discovering long-distance accuracy.