Michael Jordan's house at 2700 Point Ln, in Highland Park is for sale, listed at a mere $29 million. It just hit the market today, listed by Katherine Chez of Baird & Warner. Clearly the agent did not check with Zillow before pricing this home because the Zillow god values it at only $4.5 million.
I find it interesting that it is located on a street named Point but it looks like it's an established street - i.e. Michael Jordan didn't get to pick the name of the street. But as you can see his front gate has a giant 23 on it.
Here are some of the home's features:
- 7.4 acres
- 32,683 square feet
- 9 bedrooms
- 15 full bathrooms and 4 half bathrooms
- 5 fireplaces according to the Chicago Tribune
- 3 bedroom guest house
- A full size basketball court - well duh! You can see a photo of it in the slideshow below
- 3 separate climate controlled garages with parking for 15 cars
- Pool, tennis courts, pond, putting green
- Annual property taxes $165,224 based upon a market value of $7,731,558. How did he do that?
All that for just putting a ball in a basket? Something is wrong with society. Here is the satellite view of the property:
Obviously this sale is being handled with a great deal of discretion as is apparent in the MLS remarks below.
Elegance & utmost privacy abound at this perfectly situated, privately gated estate nestled on over 7 acres. With outstanding attention to detail, function & style, this home is as comfortable as it is elegant. Lux entertaining areas & grounds create a stunning residence w/scale & finishes to perfection. Sold furnished w/excl. All showings & access to website w/addtl photos must provide verified financial ref in adv.
ALL BUYERS MUST SUBMIT A BANK REFERENCE AND SIGNED NON-DISCLOSURE BEFORE ANY SHOWINGS WILL BE SCHEDULED AND BEFORE VIEWING ADDITIONAL PHOTOS AND FLOOR PLANS. MIN 48 HR NOTICE FOR SHOWINGS.
There are 29 photos in the slide show below - and clearly you are not going to get in just to see the place. I assume there will be no open houses.
Oh...and the co-operating commission on this is 2.25%, which works out to $652,500 at a $29 million dollar purchase price. Puhhhleeease! Don't tell me realtors are not overpaid. Tell you what. If you buy this through me I'll raise our normal buyer's commission rebate to 90%.