Luxury real estate anyone? US Open stars and their palatial pads

Tennis stars spend their prize winnings on luxury real estate from Miami to Bel Air

TRD NATIONAL /
Sep.September 04, 2019 01:20 PM
From left: Milos Raonic, Venus Williams, Serena Williams and Novak Djokovic (Credit: Getty Images)

From left: Milos Raonic, Venus Williams, Serena Williams and Novak Djokovic (Credit: Getty Images)

Serena Williams notched her 100th career win at the U.S. Open in front of a jubilant crowd in Flushing Meadows on Tuesday night, but the 23-time Grand Slam champion has also served up some big real estate wins over the years.

The tennis superstar — who will play in the semifinals on Thursday — isn’t the only star player on tour who has lobbed some of her millions at the luxury residential market.

 

Serena and Venus Williams

In addition to their combined 30 Grand Slam titles and lasting power on the court, the Williams sisters have together and separately crafted some expert real estate plays on both coasts.

313 Grand Key Terrace (Credit: Realtor)

313 Grand Key Terrace (Credit: Realtor)

In March, the pair sold their South Florida mansion at 313 Grand Key Terrace, which they built in 2000, for $2.3 million. Four years ago, Serena and Venus — who lost her second round US Open match — also sold their Art Deco-style loft in Manhattan at 28 West 38th Street, for $2.1 million. That netted them $750,000. The pair reportedly never lived at the fashionable Garment District loft — or even furnish the one-bedroom unit — which boasted 11-foot ceilings, a chef’s kitchen and 10 over-size windows.

In April, Serena Williams sold her Bel Air mansion for $8.1 million. While it didn’t fetch the initial $12 million asking price, the sale was nearly $1.5 million more than her 2006 purchase price. The 6,100-square foot mansion sits on a leafy 3-acre estate, with a pool, private hiking trails and a full-service hair salon.

Last year, she also served up a 2.4-acre vacant lot in Jupiter, Florida, for $6 million. The buyer was Patron Spirits CEO Edward Brown and his wife, Ashley. Williams had purchased the land for $4.12 million.

Serena Williams' Beverly Hills mansion (Credit: Redfin)

Serena Williams’ Beverly Hills mansion (Credit: Redfin)

And in 2017, Serena purchased a three-story mansion in Beverly Hills for $6 million, in a gated community on a much smaller lot than her Bel Air pad. The Spanish-style mansion has sleek brushed-oak floors and curved doors that open from the kitchen to an expansive veranda, with a pool and a grassy lawn. Williams listed the Bel Air mansion soon after.

 

Milos Raonic

After bowing out of the 2017 U.S. Open because of a back injury, Raonic

London Terrace Towers at 470 West 24th Street (Credit: StreetEasy)

London Terrace Towers at 470 West 24th Street (Credit: StreetEasy)

again withdrew from this year’s competition, citing a wrist ailment. Raonic, who lives in Canada, scooped up a Manhattan condo in April, at London Terrace Towers. He paid $7.55 million for the pre-war penthouse apartment condo at 470 West 24th Street. It comes with two separate stone terraces, a wood fireplace, a windowed walk-in pantry and even a separate wine room. The unit had been listed at various points since 2017; its most recent price was set at $8.4 million in September, according to StreetEasy. The sale was brokered by Elliman’s De Niro team.

 

Novak Djokovic

565 Broome Street (Credit: StreetEasy)

565 Broome Street (Credit: StreetEasy)

The top-ranked men’s player on the tour, Djokovic bowed out of his round of 16 match on Sunday, but has invested in some ritzy real estate. The Serbian star purchased two Manhattan condos in 2017 at the Renzo Piano-designed 30-story curved glass tower at 565 Broome Street. The units were purchased for an undisclosed price — but the condos in the tower start at $5.4 million for a two-bedroom unit. Penthouses in the luxe SoHo building have 16-foot ceilings, 360-degree views and bathrooms encased in marble. The same year, Djokovic bought a condo, also designed by Renzo Piano, at 8701 Collins Avenue in Miami Beach, for upwards of $8.9 million.


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