Why no-one buys Michael Jordan’s $14.85M mansion? Exploring mystery behind stalled sale

NBA legend and GOAT, billionaire Michael Jordan, holds the most glamorous and fanciest lifestyle among NBA athletes. His dynamic and versatile career with the Chicago Bulls brought him fame, renown, and the most valuable of fortunes.

In the 1990s, the whole basketball world was infected with Michael Jordan fever. Given his popularity, Nike launched the most brilliant marketing campaign in history for their new product line, Air Jordan. Along the way, that sponsorship earned him millions more than his salary playing basketball.

Michael was proficient in not only earning money but also utilising it in the luxurious project that only suited the NBA legend. His mansion in Chicago is one of the most stunning properties he owns.

How luxurious is Michael Jordan mansion?

The six-time NBA champion built the mansion in 56,000 square feet, which holds nine bedrooms, 19 bathrooms, an indoor basketball gymnasium, a tennis court, a massive 14-car garage, and a cigar room. Even the gate was inscribed with the iconic number 23—his jersey number.

The whole property was customised for the two-time peat hauler. The seven-acre property also contains a circular infinity pool with a bridge and a grass island.

Unfortunately, the 14-time all-star hasn’t been able to sell the property yet after listing it for initially $29 million in 2012. Even after a decade, the mesmerizing mansion remains unsold, and the price has dropped to $14.85 million.

Why did no one buy Michael Jordan’s mansion?

Even after the lucrative offer and excessive underpricing, people are not willing to buy real estate. The main reason might be the high-end customization of every inch of the house. Bruce Bowers of Bowers Realty Group also confirmed the same issue.

“It’s clearly his home. It’s a tough sell. There’s a lot of work that would have to be done to make it your own,” Bruce claimed. It’s true that everybody will just recall the majesticity of his aireness after stepping into the mansion, and there’s no way anybody could make it their own, as it always will be Jordan’s.

Recently, in the last week, there has been an attempt to burglarize the house; an 18-year-old teen has broken into the property, and the neighbor reported it to the police. The teen was charged with three misdemeanors of criminal trespass to an occupied residence and two counts of criminal damage to property.

To sum up, Michael Jordan’s mansion stands as a reminder of his incredible legacy both on and off the basketball court. Despite being on the market for over a decade, the highly personalized design has made it difficult to find a buyer. However, the recent attempted burglary highlights the continued public fascination with Jordan and his extravagant lifestyle. What are your thoughts on Michael Jordan’s mansion and his larger-than-life image?

Shahbaj Arefin

536 articles

Shahbaj Arefin is a professional Sports Content Writer at SportsZion. He mostly covers NBA, alongside NFL and MLB. His favorite basketball player is Michael Jordan. Arefin is also a football enthusiast. He is a die-hard supporter of Argentina and Chelsea FC, frequently posting on Facebook during the their matches.

|

Leave a Comment

Sportszion