Photos: Michael Jordan's Mansion Heading To Auction
By Chuck Sudo in News on Oct 22, 2013 4:45PM
Michael Jordan has been unable to sell his ginormous Highland Park mansion since he placed it on the market in Feb. 2012 so the Greatest Basketball Player of All Time has decided to place the mansion on the auction block Nov. 22. Jordan said "some of the best things in the world are sold at auction, and I've seen that this is the beginning of a trend for selling unique, one-of-a-kind homes."
The Wall Street Journal explains:
In an email, he said he is selling the home because "my kids are grown now and I don't need a large house in Chicago." The owner of basketball team the Charlotte Bobcats, Mr. Jordan said he splits his time between the team's base in North Carolina and a new home he built in Jupiter, Fla. "It was time for some warmer weather down at my new home in Florida," added Mr. Jordan, who said he also has a vacation home in Utah.
The 32,683 square-foot mansion situated on seven acres has nine bedrooms, 15 full bathrooms and four half-baths, and a regulation indoor basketball court with "specially cushioned hardwood flooring" and "competition quality high-intensity lighting." The home also has an in-ground pool, tennis courts and an outdoor fireplace. The property was placed into a trust after Jordan’s 2006 divorce from wife Juanita. Jordan originally listed the home for $29 million and it is being sold fully furnished.
The home will be auctioned by New York-based Concierge Auctions in co-operation with real estate agent Kathleen Chez Malkin of Baird & Warner.