Where Does Michael Jordan Live And How Big Is His House?
Michael Jordan may have retired from basketball long ago, but fans will get to see him in action once again (on screen), thanks to the new ESPN documentary The Last Dance. The 10-part series will document Jordan's last season with the Chicago Bulls (via CBS Sports). Now that the star has come back into the spotlight, it's no surprise readers are curious to learn about his life after basketball.
As is clear from various reports, Jordan has been doing just fine since he decided to step off the court. Not only has his net worth grown since his basketball days, but he also lives with wife Yvette Prieto in various luxurious properties around the nation.
His main home, where he lived for 19 years, is a gorgeous Chicago mansion. According to Virtual Globetrotting, the 56,000-square-foot house is located in the Highland Park suburb and sits on 7.39 acres. It includes nine bedrooms, 15 full bathrooms, four half-bathrooms, and a regulation-size basketball court — because, of course.
Michael Jordan didn't hold back when designing his home
Michael Jordan's estate is next to a main road, but is beautifully surrounded by a fence of evergreens. The garage is a massive 4,289 square feet and fits 14 cars! One can only imagine the star-studded parties Jordan threw there back in the day.
Other in-house amenities include a billiard parlor, wine cellar, fireplace, aquarium, library, full gym, cigar room, game room, various TV rooms, and the original doors to the Chicago Playboy Mansion, Business Insider reported. In the property, the star also has a tennis court, infinity pool, chipping range, putting green, and lily pond. Visitors know they're in the right place when they see the No. 23 on the front gate — Jordan's number when he played for the Chicago Bulls.
Next to the house — but on the same property — is a three-bedroom guesthouse with its own family room and kitchen. Construction for Jordan's mansion started in 1991 and was completed in 1995, per Virtual Globetrotting.
Michael Jordan's stardom is not enough to sell a house
While Michael Jordan's Chicago home is Hollywood-appropriate and filled with high-tech amenities, he's been trying — and failing — to sell it since 2012! One of the reasons may be the high property taxes. In 2011, he paid $180,927, per Virtual Globetrotting. Today, the annual bill is still more than $100,000, and he has paid nearly $700,000 since he put it on the market in 2012, according to Business Insider.
Jordan first listed the house in March 2012 for $29 million. One year later, the price was reduced to $21 million, and 11 months later, to $16 million. In December 2013, the athlete even tried to auction off his mansion, but the minimum bid of $13 million was never met, Business Insider reported.
Over the years, Jordan has tried so hard to sell his home that in 2015, the real estate agent in charge promised that the buyer would receive every edition of Air Jordans in his or her size upon buying the house. Still, there were no takers!
While no one can say Jordan's property isn't impressive, Adam Rosenfeld of the luxury-real-estate startup Mercer Vine told MarketWatch in 2016 that the star is likely struggling to sell the house because of all of the personalized customizations — including the No. 23 gate. Plus, most wealthy buyers in the are are looking for more modest abodes. As of April 2020, it still has not been sold (per Sports Illustrated).
This is where Michael Jordan really lives
Despite his troubles to sell his Chicago mansion, Michael Jordan is living the high life. He's worth at least $2.1 billion, according to Forbes. Apart from his former $90 million Chicago Bulls salary, he's scored numerous endorsements over the years, including Nike, Wheaties, Gatorade, Hanes, MCI, Chevrolet, McDonald's, and Coca-Cola. These still reportedly earn him $80 million a year (via Virtual Globetrotting). Plus, Jordan also owns an 80% stake of the Charlotte Bobcats NBA team, and he privately owns a $50 million Gulfstream IV jet.
The star also owns real estate properties in Florida and North Carolina. As of 2020, he reportedly spends most of his time at his $12.4-million house in Jupiter, Fla. located in The Bear's Club, a luxurious community designed by famed golfer Jack Nicklaus (via Yahoo Sports). The 28,000-square-foot house includes 11 bedrooms, a two-story guard house, full-size basketball court, and cigar-friendly media room, according to Echo Fine Properties.
Another home the retired NBA star spends time in is his $2.8-million lakefront mansion in Cornelius, N.C. The 12,310-square-foot lakefront property is just outside the city. Fox Sports reported Jordan purchased the home in 2013 — right around the time he failed to auction off his Chicago mansion. The property is located on the intersection of Lake Norman and the seventh hole of The Peninsula Golf Club. In case that's not enough, he also owns a condo in the area.