Michael Jordan has spent more than a decade attempting to sell his sprawling mansion located in the upscale Chicago suburb of Highland Park, and it seems he has finally found a buyer—though not for the price he had originally hoped. After first listing the estate in 2012 for $29 million, Jordan has reportedly settled for around half that amount in order to close the deal.
The basketball legend, known for his six NBA championships with the Chicago Bulls and his status as one of the wealthiest athletes in history, spared no expense when building the mansion in the mid-1990s. Nestled on an expansive 8.4-acre lot, the 56,000-square-foot estate is a testament to Jordan’s lavish lifestyle during his playing days. The home features nine bedrooms, 19 bathrooms, a full-sized indoor basketball court, a cigar room, a massive outdoor putting green, and an infinity pool, among other extravagant amenities. The front gate is even emblazoned with a prominent “23,” a nod to Jordan’s iconic jersey number.
Despite its luxurious features, the mansion proved difficult to sell, in part due to the many personal touches that make it a virtual shrine to Jordan’s basketball career.
Prospective buyers may have been hesitant to take on a property so closely tied to one individual, making it more of a sports memorabilia piece than a neutral luxury home.
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Jordan, who now primarily resides in Jupiter, Florida, first put the Highland Park mansion on the market for $29 million in 2012. However, the price was repeatedly slashed over the years in an effort to attract interest. By 2015, the asking price had dropped to $14.855 million, but even that substantial reduction failed to generate offers. Jordan reportedly remained firm in his belief that the mansion was worth every penny, resisting further price cuts for several years.
Now, according to The Chicago Tribune, Jordan has finally signed a contract with a buyer, 12 years after the initial listing. While the final sale price has not been disclosed, it’s expected that the mansion sold for considerably less than its original $29 million listing price, likely closer to the $14 million mark.
Interestingly, the sale of the mansion comes in contrast to another piece of Jordan-related memorabilia: the jersey he wore during Game 1 of the 1998 NBA Finals, famously known as “The Last Dance.” That jersey sold for a record-breaking $10.1 million at auction in 2022, making it the most expensive piece of sports memorabilia ever sold at the time. Although Babe Ruth’s 1930s “called shot” jersey eclipsed that record earlier this year, selling for $24.12 million, Jordan’s jersey sale puts into perspective just how coveted his memorabilia is, especially considering that a single item of clothing fetched nearly as much as his entire estate.
Jordan’s mansion, with its basketball court, personalized features, and countless tributes to his legendary career, was once considered unsellable due to its deeply personal connection to His Airness. Now, with the deal in its final stages, it marks the end of a long saga to offload the property that symbolized the height of Jordan’s fame and fortune in Chicago.
While the sale may have required a significant price reduction, Jordan’s Highland Park estate remains a testament to his larger-than-life presence both on and off the court.
As the transaction nears completion, it closes a chapter for the basketball icon, who will now leave behind the home where he once dominated the NBA world.
