6 Celebrity Homes on the Market for Years – It’s supposed to be a seller’s market, but some celebrity homes have been on the market for years now. Are they overpriced? Do they have too many customized features that buyers simply don’t want to pay for? Or are these wealthy homeowners just able to hold out for a specific price — no matter how long it takes to find the right buyer?
Michael Jordan’s suburban Chicago home has been on the market for four years. Currently, his 56,000-square-foot property with an indoor basketball court and putting green is listed for $14,855,000 (the numbers add up to 23, Jordan’s jersey number when he played for the Chicago Bulls). He listed it for $29 million in 2012.
Jordan’s teammate Scottie Pippen also has a home lingering on the market. Pippen, who played on all six championship Chicago Bulls teams during the 1990s, originally put his Fort Lauderdale, Fla., home up for sale in 2007, according to the Sun Sentinel. After price cuts (it listed for $16 million in 2009, according to Realtor.com), the home is currently on the market for $11.5 million. (Realtor.com is owned by News Corp., as is MarketWatch.) For that, you get a waterfront property with six bedrooms, seven full bathrooms and two half bathrooms, and 9,782 square feet of living space. Oh, and a supercool pool with a twisty water slide and, of course, a basketball net.
Calvin Klein listed this Miami Beach, Fla., home for $16 million in May 2015, and renewed his listing this year without a price change. The five bedroom, five full bathroom and two half bathroom, 5,802-square-foot home comes with waterfront views. Klein has several homes, and bought a $25 million mansion in Los Angeles around the time he listed his Miami Beach house, according to a report on Variety.com.
Tom Cruise recently closed a sale on a home in Beverly Hills, Calif., according to the L.A. Times, but another of his properties is still on the market. He began trying to sell his Telluride, Colo., home for $59 million in 2014, according to The Wall Street Journal. The home has seven bedrooms, nine full bathrooms and one half bathroom, and overlooks the mountains of the resort town, according to the listing.
Gloria Estefan listed a Miami Beach estate last in the spring of 2015 for $40 million, according to the Miami Herald. The property has both a four-bedroom, five bathroom main house and a three-bedroom, three-bathroom guesthouse. A private dock and sunset views over the bay are highlighted in the listing description.
In May of 2015, Brad Pitt and Angelina Jolie listed their home in New Orleans, asking for $6.5 million for the French Quarter mansion, according to a report on Zillow. The home is currently priced at $5.65 million, and has five bedrooms, three bathrooms and two half bathrooms.
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