Michael Jordan’s $29M mansion finally sells for $9.5M after 11 years on the market

Michael Jordan’s Legendary Mansion Finally Sells After 11 Years on the Market

It’s the end of an era for one of the most iconic properties in sports history. Michael Jordan’s sprawling 32,683 square-foot mansion in Highland Park, Illinois, has officially sold for $9.5 million. Yes, you read that right—after sitting on the market for nearly 11 years, the home of the basketball legend has finally found a buyer. But the journey to this sale is just as fascinating as the house itself.

Let’s rewind to December 17, 2013, when the property first hit the market. Back then, the asking price was a jaw-dropping $29 million. Fast forward to today, and the final sale price represents a staggering 67% price cut. That’s right—what was once listed as one of the most expensive homes in the area has now sold for less than a third of its original price. Talk about a slam dunk for the buyer!

The sale was finalized earlier this week, with the property officially closing on Tuesday, according to Compass. The mansion had entered escrow back in September, but the final price wasn’t revealed until now. For those keeping track, the home was last listed in May 2015 for $14.8 million before being taken off the market in February 2021. It’s been a long road, but the deal is finally done.

A Mansion Fit for a GOAT

Built in 1995, this two-story estate is nothing short of extraordinary. It boasts nine bedrooms and a whopping 19 bathrooms—15 of which are full baths. But that’s just the beginning. The property is packed with features that scream luxury and, of course, basketball royalty.

Here’s a quick rundown of some of the standout amenities:

• A regulation-sized basketball court, because what else would you expect from the greatest basketball player of all time?
• A putting green for those who want to channel their inner Tiger Woods.
• A tennis court for some friendly competition.
• A cigar room, perfect for unwinding after a long day.
• A circular infinity pool that looks straight out of a five-star resort.
• A 14-car garage, because one or two just wouldn’t cut it.

And let’s not forget the gate at the entrance, which features a giant “23” in honor of Jordan’s iconic jersey number with the Chicago Bulls and Washington Wizards. It’s a subtle yet powerful reminder of the legacy that Jordan built both on and off the court.

Why Did It Take So Long to Sell?

Now, you might be wondering: why did it take over a decade to sell a property tied to one of the most famous athletes in history? Well, there are a few factors at play. For starters, the sheer size and customization of the home made it a tough sell. Not everyone is in the market for a 32,683 square-foot mansion with a basketball court and a cigar room. Plus, the original $29 million price tag likely scared off potential buyers.

Over the years, the price was slashed multiple times in an effort to attract interest. Despite the challenges, the home’s unique features and connection to Jordan eventually sealed the deal. And while $9.5 million is a far cry from the original asking price, it’s still a significant sum for a property that’s as much a piece of sports history as it is a luxury home.

The Legacy Lives On

Michael Jordan’s Highland Park mansion is more than just a house—it’s a symbol of his larger-than-life career and the impact he’s had on the world of sports. From the “23” gate to the basketball court where you can almost hear the echoes of greatness, every inch of the property tells a story.

While the new owner remains a mystery for now, one thing is certain: they’ve acquired a piece of history. And for the rest of us, it’s a reminder of the incredible legacy that Michael Jordan continues to leave behind, both on and off the court.

So, what do you think? Was the $9.5 million price tag a steal, or did the buyer overpay for a piece of sports memorabilia? Let us know your thoughts!