Michael Jordan’s Mansion Still Unsold After 5 Years On The Market, A Pair Of Every Version Of Air Jordans Was Even Offered
Cris Xander JulianoNBA legend Michael Jordan was not able to sell his mansion after it being on the market for five years. The basketball legend even offered potential buyers one pair of each version of his Air Jordans according to Chicago Business.
Jordan's mansion, which measures 32,700 square feet on 7.3 acres of land, was initially priced at $29 million and was featured on a video tour by a TV network's morning show, and by a listing agent who appeared on "Real Housewives of Beverly Hills." However, that wasn't enough to convince buyers to take the mansion off of Jordan's hands.
The mansion was put up for sale on Feb. 29, 2012 for $29 million, but the price has declined ever since. On Jan. 18, 2013, the price of the mansion was cut to $21 million. In the fall of the same year, Jordan announced that the mansion will be auctioned off instead. He thought that it would be the most prudent decision on a business perspective. Unfortunately, the minimum bid of $13 million was not met during the Nov. 22 auction.
On Jan. 3, 2014, the price was cut down again to $16 million. During Spring of the same year, the mansion was taken off the market.
The mansion was put on the market again on May 2015 and this time with a Los Angeles-based agency sharing the listing with a Chicago-based agency. The price of the mansion was cut down to just $14.855 million.
The mansion is still on the market up to this day. Katherine Malkin who represented the home for five years and Kofi Nartey who was also an agent, all declined to comment about the issue.
Would you like to purchase Michael Jordan's mansion for $14.855 million? Write and share your comments down below.
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