Michael Jordan Puts Utah Mansion up for Sale
Michael Jordan has added to the never ending listing of celebrity homes for sale. Recently, the former Chicago Bull listed his 9,000 sq ft Utah Mansion. Jordan previously listed his Chicago home in Highland Park. While he has been unable to sell that home for $14M for over seven years, he hopes to have better luck with this one. Jordan’s recent listing is up for a modest $7.5M.
Well most likely wish their house was worth seven million, it’s actually a loss for Jordan who initially bought the home in 2007 for $7.9M. The house itself is 9,574 square feet and contains 5 bedrooms with 7.5 bathrooms.
The property itself is not quite as big as his 56,000 square foot mega-mansion for sale in Chicago, but the landscape more than makes up for it. Jordan’s Utah manor sits on 171,910 square foot of land looking over Wasatch Mountains and Glenwild Golf course.
Along with 5 different fireplaces, the house also includes; a home theater, a golf simulator, multiple cascade waterfalls and private terraces, and an infinity pool. According to the listing, the home’s furnishings are also available for purchase.
The home sports bamboo floors, granite counter tops, and vaulted ceilings. Mosaic tiled showers and jetted bathtubs. The garage is heated for the winters can hold up to 9 vehicles.
Outside amenities include waterfalls, and outdoor kitchen area, and amazing scenic views that are well worth the price of $7.5M.
Built in 2006, according to its realtor.com listing, Jordan’s Utah pad is, “modern elegance in mountain serenity.” However, that may not prove to be enough for some buyers. As noted, Jordan’s Chicago home has been on the market for seven years and some indicators in the Utah market point to Jordan having a hard time selling. Celebrity homes for sale are always a toss up. Some sell their house fast, others sit on the market for lengthy periods of time.
According to the Salt Lake Board of Realtors, while there has been a 23% uptick in million-dollar home sales for Salt Lake, Davis, Tooele, Utah, and Weber counties combined, selling homes priced $1.5M and up remains a challenge. According to mortgage calculators, the monthly payments for Jordan’s 9,000 square foot home would be around $35,000 with a 20% down payment. Even former Utah state senator Jim Dabakis took to his Facebook page to opine about the listing, joking that, “it will only cost you $34,883 per month!”
Only time will tell whether Jordan’s spacious home in the mountains sells or if it’ll be like his Chicago home, stuck on the market for years. Already he joins a long list of celebrity homes for sale in 2019.