Vancouver

Why Hasn’t Michael Jordan’s Home Sold?

By
REW.ca
October 20, 2017






Michael Jordan
— Photo: The Source Magazine

After five years on the market, the basketball legend has still not managed to sell his Chicago-area home 

If there’s one thing that hasn’t been a total slam dunk for Michael Jordan, it’s selling his Chicago-area home. The basketball superstar put his custom-built 56,000-square-foot mega mansion on the market back in in 2012, but the home has just not been able to sell.

According to a Forbes report, Jordan originally listed his Highland Park home for USD $29 million back in 2012, but has since dropped the price down to $14.8 million.

The nine-bedroom, 15-bathroom home is truly spectacular, boasting a full-sized basketball court with locker rooms and glass viewing area, full tennis court, guest wing, putting green, circular infinity pool, cigar room, media room and full wine cellar. It's perhaps these hyper-customized home features that make Jordan's home a tougher one to sell. 

"Many celebrities, flush with cash and looking to make their homes as comfortable as possible, tend to overimprove their homes with features that won't appeal to the next buyer," explained a MarketWatch report on the topic. 

When converted into Canadian dollars, the price per-square-foot (PPSF) of MJ's pad works out to around $330, less than half of Vancouver’s $824.47 for detached homes. One would expect a home like Michael's at such a low PPSF to be more popular among buyers.

Have a look at some shots of His Airness' baller home below. 

Michael Jordan
Photo: The Agency

The entrance features a customized gate with the athlete's iconic "23" emblazoned across it

 

Michael Jordan 1
Photo: The Agency

The home features sharp lines and a sleek overall aesthetic

 

Michael Jordan 4
Photo: The Agency

We're picturing ourselves watching Space Jam in this magnificent living room

 

Michael Jordan
Photo: The Agency

Imagine practicing three-pointers with the legend himself on this regulation-size basketball court 

 
 
MIchael Jordan 3
Photo: The Agency

The house also comes with a complete home gym

 
 
MIchael Jordan 6
Photo: The Agency

This circular infinity pool is one of the home's most attractive features 


Andrea is the Content and Social Media Specialist at REW.ca. Andrea has over five years of multi-industry experience in communications and content marketing. Originally from Toronto, Andrea moved to Vancouver in April 2016 and has been loving the West Coast life ever since.
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