Miami – LeBron James has dropped the price by $2 million for his Coconut Grove home after being listed for five months.
The mansion, which is a more appropriate description of the giant home, was originally listed at $17 million in October 2015, but it now is at the asking price of $15 million. James bought the home in 2010 for $9 million, which is still well-above the asking price.
The home is listed with Tomi Rose of Opulence International Realty as a 16,678 square-foot home with six bedrooms and eight and a half bathrooms. It is located right on the water and includes a an infinity pool, wine cellar, theater and a rooftop sun deck. There is also a guest house located on the property.
“Recent sales in Coconut Grove and the surrounding area showcases the niche buyer this market attracts are high profile and business professionals shopping for a community to raise their family within Miami,” Rose said in a press release. “I’ve been working with qualified buyers and have had several written offers on this listing. I’m here to make sure my seller is happy and I find a buyer my seller may come to a happy median with, which is common in all real estate transactions.”
James bought the home in 2010 when he was picked up by the Miami Heat, winning back-to-back NBA championships while he resided at the home. James left the Miami Heat in 2014 to return to Cleveland to play for the Cavaliers.
Sources:
http://miami.curbed.com/archives/2015/03/17/lebron-james-kingsized-grove-house-reduced-to-15m.php
http://therealdeal.com/miami/blog/2015/03/17/lebron-james-coconut-grove-home-listing-price-just-dropped-to-15m/?sthash.flJgwujy.mjjo