Scottie Pippen is one of the city’s most successful athletes of all time, but the Bulls legend is having less success selling his Highland Park mansion.
The NBA Hall of Famer and wife Larsa cut the asking price on their 10,000 square-foot home once again, this time listing the home at $2.25 million, just $25,000 more than they paid for it in 2004, according to Crain’s.
(Credit: Redfin)
The couple bought the six-bedroom, 5½-bathroom home for $2,225,000 in February 2004, and then added a gym and an outdoor pool, Crain’s reports.
They first listed it in June 2016 with an asking price of $3.1 million. This is the third time it has been relisted, according to Redfin.
(Credit: Redfin)
Pippen’s home sits on 2.6 acres and comes with two master suites, a sports court with an oversized painting of Pippen’s Bulls jersey, a movie theater, sauna and pool, according to the listing. Melissa Mastros of Compass is the listing agent.
Pippen is not the only Bulls legend to have a hard time selling his North Shore mansion.
Michael Jordan has struggled to sell his Highland Park mansion for six years. After listing the home in 2012 for $29 million, the massive estate has seen four price chops and many flashy marketing tricks. The asking price is now $14.4 million.
A number of homeowners are having trouble selling their North Shore properties, thanks to a soft suburban luxury market has led to a number of pricey listings selling at a loss, according to Crain’s. That includes former Chicago Bear Julius Peppers, who took a 40 percent loss on the Highland Park home he sold in March. [Crain’s] — Joe Ward