why no one buys his mansion?

by time news

2023-08-12 14:30:05

The greatest basketball player of all time has never had a problem overcoming any obstacle that is thrown his way. However, for more than ten years he has been facing a rival who always ends up blocking him every time he wants to go to the basket. It is about his luxurious mansion, located in Highland Park, north of Chicago. Without a doubt, the longest game for Michael Jordan.

It was the year 2012 when Michael Jordan decided to put his large Chicago mansion up for sale, which is located on a plot of more than three hectares, on the shores of Lake Michigan. It was acquired in 1991 and built in 1995, the same year that the legendary former player returned to the fields after being retired for a year and a half to try his luck in baseball.

The mansion is pure luxury, and has space for nine bedrooms, 15 bathrooms, a first-class gym, a basketball court (centerpiece of the house) and a tennis court, an infinity pool and a miniature golf. It also has an exclusive room for smokers where he used to organize poker games.

In addition to the aforementioned amenities, it has a garage with space for 15 cars, a library with a drop-down screen, a party room, a bar, a casino, two theaters, a movie theater, and a lake for fishing.

One of the peculiarities of this mansion is that the gate bears the mythical number 23, the historic number with which Michael Jordan won six NBA rings, between 1991 and 1998. Within this decoration, the doors, for example, were part from the original Chicago Playboy mansion before Jordan bought them.

drop in price

The mansion was put up for sale in 2013. At that time, Michael Jordan tried to auction it without success and, since then, its price has dropped several times. Initially, the property was listed for 29 million dollars, then it dropped to 21 million, later to 16 million until reaching the 14.8 million that it is published today.

Why isn’t it for sale?

Speaking to Marketwatch in May 2020, Adam Rosenfeld of luxury real estate company Mercer Vine explained that Jordan is having serious trouble selling the house because of the custom spaces and objects in it. “When you have such a specific and customized property, the sale becomes an uphill battle,” said the expert.

Katherine Malkin, the current listing agent for Michael Jordan’s property, noted that “it’s a beautiful property, and I don’t think anyone understands how beautiful it is because we don’t do an open house, because there’s a privacy concern.” Malkin noted. “It’s not until people are inside that they really appreciate it. And not everyone is financially qualified (to see the house).”

On the other hand, the appearance of the documentary The Last Dance (from 2020 on Netflix) shook the shaker and sparked interest in seeing it. “I’m not sure if it’s because of the TV shows they’ve made or if it’s because people have an interest in looking at it in a little different way, but suddenly it’s true that there’s a little bit of interest,” Malkin told the Tribune.

#buys #mansion

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