NBA star LeBron James is looking to net a buyer for his Los Angeles home, a grand, gated estate that hit the market Monday for $20.5 million.
Set on a street in the city’s posh Brentwood neighborhood and sequestered behind towering redwoods and hedges, the traditional-style spread has been part of the athlete’s property portfolio since 2015.
But the sale—should it go for ask—will spell a loss for the Los Angeles Lakers superstar, who paid a hair under $21 million for the home using a limited liability company, property records show.
Spanning more than 9,400 square feet, the six-bedroom home “will envelop you in quality and elegance,” according to the listing with David Offer of Berkshire Hathaway HomeServices, who, through a representative, declined to comment on the property.
“Every imaginable space, amenity and comfort can be found here,” reads the listing, which goes on to detail the home’s selection of high-end amenities, including a paneled library, a gym, an elevator, a media room and a “sumptuous” primary bedroom suite with a sitting room and terrace.
The home also has two family rooms, a lap pool and spa, a pool-side cabana, resort-like grounds, and, fittingly, a basketball net at the end of the driveway.
Mr. James, 36, is no stranger to super high-end real estate dealings.
From Penta: The World Added 412 Billionaires in 2020, Bringing the Total to 3,288
Last year, the four-time NBA champion—who, prior to joining the Lakers in 2018 played for the Cleveland Cavaliers and the Miami Heat—snapped up a $36.75 million mansion in Beverly Hills that he bought from the estate of the late Lee Phillip Bell, who co-created the television soap opera “The Young and the Restless” and its spinoff “The Bold and the Beautiful.”
Mr. James also owns another Brentwood property that he bought in 2017 for $23 million.
A request for comment sent to Mr. James’ foundation was not immediately returned.
TMZ first reported the listing.
