Basketball superstar Michael Jordan has been trying to sell his suburban Chicago mansion for three years, when he was asking $29 million. Now he'd settle for $14,855,000.
Basketball superstar Michael Jordan has been trying to sell this Chicago-area mansion off and on for three years.
It's on again.
Legend Point, as he dubbed the Highland Park estate, was listed in March 2012 at $29 million, then marked down less than a year later to $21 million. (Click here or on a photo for a slideshow.)
When that didn't take, he put it on the auction block in a highly publicized but ultimately fruitless sale. The November 2013 sale was delayed by a month, supposedly to accommodate interest that was "even stronger than we anticipated," according to Concierge Auctions. But no one placed even the minimum bid — which by then had fallen to a mere $13 million.
Jordan is giving it another shot with the same Chicago listing agent, Katherine Malkin of Baird & Warner, but he's also enlisted the help of Los Angeles power brokers Mauricio Umansky and Kofi Nartey of The Agency, the Los Angeles Times reports.
The new price tag: $14,855,000.
See the Jumping Man logo in the backs of these stools in the basketball lounge?
See the Jumping Man logo in the backs of these stools in the basketball lounge?
"If you take a look at those numbers in the price and add them up, they equal 23" — Jordan's jersey number with the Chicago Bulls — Nartey told the Times.
The 56,000-square-foot home is on more than 7 acres in the tony Chicago suburb of Highland Park. He and his then-wife, Juanita, bought the land in 1991, and three years later they moved into the mansion they'd built.
Both the living room and the family room of the main house are double-height. There are also two dining rooms; the formal one has a table modeled on a map of Baghdad, and the informal eating area is capped by a large, round skylight. The main house has six bedrooms, all with en suite bathrooms -- including the master suite, which has his-and-hers closets, a lounge, a steam shower and a Jacuzzi tub, a microwave, a refrigerator, and more. The guest wing has three bedrooms with en suite bathrooms and built-ins, plus a gourmet kitchen.
According to the 2013 auction listing, the estate also has:
"A card and cigar room with a custom-built, walk-in humidor."
A "gentleman's retreat" that you enter through the original Playboy Mansion doors from Chicago. It's equipped with a "billiard parlor" as well as a bar, a library and one of the estate's five fireplaces.
"A fully equipped in-house beauty salon. (Because that’s what she wants, that’s why.)" The salon has a Sub-Zero under-cabinet refrigerator, the listing notes.
"A regulation-size, NBA-quality basketball court" with adjacent locker rooms and a circular lounge with a "glass observation overlook."
A wine cellar that holds more than 500 bottles, plus a "wine tasting room."
A putting green and a tennis court.
A "pool pavilion" that connects the main residence with the guest wing. A retractable canopy "can transform the enclosed room to an extraordinary indoor/outdoor experience geared for entertaining."
Basketball superstar Michael Jordan has been trying to sell this Chicago-area mansion off and on for three years.
It's on again.
Legend Point, as he dubbed the Highland Park estate, was listed in March 2012 at $29 million, then marked down less than a year later to $21 million. (Click here or on a photo for a slideshow.)
When that didn't take, he put it on the auction block in a highly publicized but ultimately fruitless sale. The November 2013 sale was delayed by a month, supposedly to accommodate interest that was "even stronger than we anticipated," according to Concierge Auctions. But no one placed even the minimum bid — which by then had fallen to a mere $13 million.
Jordan is giving it another shot with the same Chicago listing agent, Katherine Malkin of Baird & Warner, but he's also enlisted the help of Los Angeles power brokers Mauricio Umansky and Kofi Nartey of The Agency, the Los Angeles Times reports.
The new price tag: $14,855,000.
See the Jumping Man logo in the backs of these stools in the basketball lounge?
See the Jumping Man logo in the backs of these stools in the basketball lounge?
"If you take a look at those numbers in the price and add them up, they equal 23" — Jordan's jersey number with the Chicago Bulls — Nartey told the Times.
The 56,000-square-foot home is on more than 7 acres in the tony Chicago suburb of Highland Park. He and his then-wife, Juanita, bought the land in 1991, and three years later they moved into the mansion they'd built.
Both the living room and the family room of the main house are double-height. There are also two dining rooms; the formal one has a table modeled on a map of Baghdad, and the informal eating area is capped by a large, round skylight. The main house has six bedrooms, all with en suite bathrooms -- including the master suite, which has his-and-hers closets, a lounge, a steam shower and a Jacuzzi tub, a microwave, a refrigerator, and more. The guest wing has three bedrooms with en suite bathrooms and built-ins, plus a gourmet kitchen.
According to the 2013 auction listing, the estate also has:
"A card and cigar room with a custom-built, walk-in humidor."
A "gentleman's retreat" that you enter through the original Playboy Mansion doors from Chicago. It's equipped with a "billiard parlor" as well as a bar, a library and one of the estate's five fireplaces.
"A fully equipped in-house beauty salon. (Because that’s what she wants, that’s why.)" The salon has a Sub-Zero under-cabinet refrigerator, the listing notes.
"A regulation-size, NBA-quality basketball court" with adjacent locker rooms and a circular lounge with a "glass observation overlook."
A wine cellar that holds more than 500 bottles, plus a "wine tasting room."
A putting green and a tennis court.
A "pool pavilion" that connects the main residence with the guest wing. A retractable canopy "can transform the enclosed room to an extraordinary indoor/outdoor experience geared for entertaining."