| |
|
MJ mansion on the market for a king's ransom
By Homer D. Sayson PhilBoxing.com Thu, 01 Mar 2012
If you have fantasies of being super rich and living in a palace once owned by an NBA legend, here's your chance to make it a reality. Hopefully, your bank account is as fat as your dreams.
Michael Jordan's mansion was put up for sale on Wednesday afternoon. Nestled in the Chicago suburb of Highland Park, the mammoth estate sits on eight acres of land and boasts of more than 56,000 square feet of living space. It has nine bedrooms, 15 baths and five fireplaces to keep its wealthy inhabitants warm during the notoriously cold Midwest winters.
The price? A cool $29 million.
Cash, of course, is always a desired payment. But potential buyers can also acquire the former Bulls great's mansion through mortgage installments. A 20-year mortgage, for instance, would require a payment of 125,000 a month for the next 20 years.
And whoever inherits this decadent abode along the majestic Lake Michigan must also pay an annual property tax of $165,000.
The property includes a three-bedroom guest house, a pool area, an outdoor tennis court and three climate-controlled multi-car garages.
And you guessed it, the mansion His Airness once prowled has its own basketball facility. A very good one in fact, simply world class.
The basketball complex, describes thestar.com, features a full-size regulation court with specially-cushioned hardwood flooring and competition-quality high intensity lighting. And it has a sound system set up to provide perfect acoustics within the court space.
By no means a bargain at $29 million and with the U.S. economy still wobbling from the ravages of a recession, MJ's mansion is a tough sell.
But given Jordan's incredible celebrity star power, it wouldn't come as a surprise either if someone steps forward and plunks down the dough for the right to own the mansion Jordan once lived in with his ex-wife Juanita and their three children.
Click here to view a list of other articles written by Homer D. Sayson.
Recent PhilBoxing.com In-House articles:
Press Conference Notes: Keyshawn Davis Pumped Up for Norfolk Homecoming Against Gustavo Lemos , Thu, 07 Nov 2024SUBRIEL MATIAS - ROBERTO RAMÍREZ JUNIOR WELTERWEIGHT RUMBLE HEADLINES LIVE BOXING CARD ON PPV.COM! , Thu, 07 Nov 2024BOOTS: FIGHTING IN PHILLY IS A BLESSING , Thu, 07 Nov 2024Boxing’s next great boxing trainer Julian Chua is a rising star in the gym, ring and corner , Thu, 07 Nov 2024The Past Week in Action 4 November 2024: Foster Outpoints Conceicao; Schofield Defeats Giron; Fundora Stops Alaniz to Become Undisputed Fly Champ By Eric Armit, , Wed, 06 Nov 2024Yoshiki Takei: Robin to Inoue's Batman By Teodoro Medina Reynoso, , Wed, 06 Nov 2024THURSDAY: Osleys Iglesias-Petro Ivanov Super Middleweight Clash to Stream LIVE in the U.S. on ESPN+ , Wed, 06 Nov 2024IBA President called Thomas Bach to apologize for gender scandal at the Olympics following medical documents of Imane Khelif that have been published , Wed, 06 Nov 2024Split-T Management and Trifon Petrov Sign 2024 Olympic Bronze Medal Winner Cristian Javier Pinales , Wed, 06 Nov 2024Bivol 142 Punches, Beterbiev 137 Punches, Why Controversy? By Ralph Rimpell, , Tue, 05 Nov 2024Warriors Win First of Heavy Road Outings, Whip Washington Wizards, 125-112 By Teodoro Medina Reynoso, , Tue, 05 Nov 2024WEIGHTS FROM NASHVILLE, TENNESSEE , Tue, 05 Nov 2024Keyshawn Davis Kicks Off Norfolk Fight Week with Visit to Local Elementary School , Tue, 05 Nov 2024Uzbekistan, Kazakhstan, Guatemala and Laos join World Boxing as membership grows to 55 countries World Boxing approves applications from four new members at its second annual Congress in Colorado US , Tue, 05 Nov 2024LIGHT-HEAVYWEIGHT TALENT CONOR WALLACE SIGNS LONG-TERM PROMOTIONAL PARTNERSHIP WITH MATCHROOM, GOLDSTAR AND TASMAN FIGHTERS , Mon, 04 Nov 2024Torre to play simul chess By Marlon Bernardino, , Mon, 04 Nov 2024"Worcester Championship Boxing" results: Castro dominates Whitley , Mon, 04 Nov 2024Tiu, Siano win in Oroquieta City standard chess By Marlon Bernardino, , Mon, 04 Nov 2024Foster The Champion: O’Shaquie Foster Beats Robson Conceição to Reclaim Junior Lightweight Crown , Sun, 03 Nov 2024AND STILL UNDEFEATED FLOYD SCHOFIELD DEFEATS RENE TELLEZ GIRÓN IN FIREFIGHT TO MAINTAIN WBA INTERNATIONAL TITLE , Sun, 03 Nov 2024Toledo-Xignex Trojans still Southern Division champion By Marlon Bernardino, , Sun, 03 Nov 2024Fight Day Media Hub Robson Conceição vs. O'Shaquie Foster 2 , Sun, 03 Nov 2024Team USA Secures Three Gold Medals at the 2024 World Boxing U19 Championships , Sun, 03 Nov 2024GM Quizon rules 13th edition of Kamatyas Rapid Open Chess Tournament , Sun, 03 Nov 2024Conceicao vs. Foster 2: Second Time A Charm for Foster? By Chris Carlson, , Sat, 02 Nov 2024 |
|
|
|
|
|