Retired US Steel CEO buys Pinecrest mansion
Longhi led US Steel between 2013 and 2017
A former CEO of U.S. Steel shelled out nearly $6.5 million for a modern mansion in Pinecrest.
Property records show that Mario Longhi, the retired steel executive, and Maria Helena Longhi closed on the 10-bedroom, nearly 15,000-square-foot spec house at 9121 Southwest 62nd Court.
Longhi led the Pittsburgh company, once the largest steel producer and largest corporation in the world, between 2013 and 2017. The Brazilian-American businessman was previously CEO of Gerdau Ameristeel Corporation, the largest producer of long steel in the Latin America.
The spec house was developed by Luis Garcia, chairman and CEO of Sweetwater-based Adonel Concrete.
Ana Teresa Rodriguez with Coldwell Banker represented the seller, 9121 SW 62 Court LLC, led by Garcia. Elena Bluntzer of One Sotheby’s International Realty represented the buyer, according to Realtor.com.
The non-waterfront house features a life-sized checkers deck next to the pool, a guest house, club room and gym, a cabana, wine cellar and gated motor court. It was completed in 2018.
Records show the 1-acre property last sold in 2012 for $729,000.
A number of professional athletes have owned homes in Pinecrest. Last year, Miami Heat player Tyler Johnson sold his house at 9700 West Suburban Drive for $4.35 million, taking a slight loss on the property.
Earlier in 2018, Johnson’s teammate James Johnson paid $5.2 million for the seven-bedroom, 7,700-square-foot home at 8955 Southwest 63rd Court.