A Look Inside Basketball Legend Michael Jordan's Real Estate Portfolio

Table Of Content

• The Rest of Michael’s Real Estate Portfolio on Sale
• It's All About The Steak
• They lead to a game room with a pool table.
• Even the railing in the cigar room is ornate.
• Jordan's Bulls teammates used to work out there every morning, according to an interview shared by Concierge Auctions.
• Treasure Coast Sold Home Prices
• Michael Jordan’s Highland Park mansion, listed at $15M, will soon mark 10 years on the market

Jordan’s house in Florida is set inside the prestigious golfing community of The Bear Club in Jupiter, one of the world’s most elite private clubs. Notable past residents include tennis stars Venus and Serena Williams, golfers Luke Donald, Ernie Els, and Michelle Wie, among others. In addition to his illustrious basketball career, Michael Jordan has demonstrated his astute business acumen over the years. Bulls and Bears LLC is the business entity established by Jordan, which focuses on real estate investments. The name "Bulls and Bears" draws inspiration from the world of finance, symbolizing the volatility of markets and Jordan's ability to navigate them. The Bears Club is an exclusive golf community located in Jupiter, Florida, where Michael Jordan's house is located.

The Rest of Michael’s Real Estate Portfolio on Sale

Teenager arrested after raiding Michael Jordan's mansion - Marca English

Teenager arrested after raiding Michael Jordan's mansion.

Posted: Tue, 04 Jul 2023 07:00:00 GMT [source]

Like the rest of Michael’s properties, it has the classic staple; a full-size basketball court. In addition, the basketball court is fully equipped with custom sound systems, locker rooms, and showers. The Bears club community hosts 55 estate residences as a celebrity hot spot that’s completely out of sight and offers plenty of privacy. Jordan joined as the third overall pick, but as one of the best defensive players, and with such epic scores, he quickly rose as a league star.

It's All About The Steak

The six-time NBA champion has spent his time post-basketball amassing an empire while calling Jupiter home. Here, we take a dive into the captivating story of Michael Jordan's house in Jupiter, Florida, and some of the business interests that have grown with him since. The Bear’s Club in Jupiter, Florida, is an exclusive residential enclave with one of America’s best golf courses and a Tuscan-style clubhouse.

They lead to a game room with a pool table.

It’s not uncommon for them to overspend on the purchase of the home, then customize the home too much—making it very difficult to recoup expenses, he said. An earlier version of this story misidentified the Charlotte NBA team Michael Jordan owns. The home was completed in 1995 after Jordan bought its seven-acre lot in 1991, and is strategically hidden behind a wall of 40-foot evergreens. Set in a prestige suburb of Highland Park, the modern mansion is enclosed by more than 150 trees – the perfect setup for someone in need of complete privacy.

Even the railing in the cigar room is ornate.

Regardless of the celebrity status of their owners, mansions priced over $10 million — especially those set outside of luxury hot spots like Los Angeles or New York City — take years to find the right buyer. Just ask 50 Cent, whose massive compound in Farmington, Connecticut took 12(!) years to sell. The house — along with the 7-acre property it sits on — has been Michael Jordan’s home since 1991, when he won his first of six NBA championships playing for the Chicago Bulls.

MJ’s $12.4 million house has 18 distinct roof structures that intimately partition this massive mansion into different rooms within the house. Bear’s Club is the ultimate golf course community concept developed by the famed golfer Jack Nicklaus. Jordan can still afford to pay up the expenses despite being retired due to his endorsements, particularly his lucrative contract with Nike for his Jordan brand. Moreover, his ownership of the NBA’s Charlotte Hornets also comprises Jordan's $2 billion net worth in 2023, according to Celebrity Net Worth. An inside look at the $14.9 million mansion of Chicago Bulls legend Michael Jordan in Highland Park, a suburb of Chicago.

In addition, Michael Jordan also owns two other real estate properties, one in Chicago and the other in North Carolina, where the NBA team, the Charlotte Hornets, is based. As one of the richest athletes, would it be surprising for you to know that one of the wings in Jordan’s house is dedicated to an athletic wing with a full-size basketball court? The 3-acre homesite land in Bear’s Club cost Jordan $4.8 million, while the construction of this 28,000 square feet house cost roughly $7.6 million. So after construction and all personalized customizations are done, Jordan’s mansion racks up more than $20 million in worth.

Six-time NBA Champion, five-time M.V.P, two-time Olympic Gold Medalist & he’s still hungry. In 1993, during his historic NBA career, Michael Jordan opened his first restaurant in Chicago and has since grown his brand to the national level. In 1998 the first Michael Jordan’s Steak House opened, delivering an unparalleled dining experience elevated to a level you’ve come to expect from the Legend himself.

Michael Jordan’s Highland Park mansion, listed at $15M, will soon mark 10 years on the market

The community is known for its privacy and exclusivity, attracting golf enthusiasts, athletes, CEOs, and celebrities alike. With its impeccable service and top-notch facilities, it is no wonder Michael Jordan's house is located in such an esteemed area. Tucked away in the exclusive neighborhood of The Bear's Club, Michael Jordan's house in Jupiter, Florida, is a sprawling sight to behold. Jordan's estate neighbors other celebrities such as Serena and Venus Williams, Ernie Els, Tyler Cameron, and Michelle Wie, along with myriad athletes and Fortune 500 executives who call the prestigious community home.

Despite Jordan’s private nature, his Chicago-area home ended up playing a crucial part in the success of his team — and even inspired a new generation to strive for greatness. He first listed it for sale in 2012 with a whopping $29 million asking price, but the Highland Park home failed to attract interested buyers. James is also the first player to be named to a 20th All-Star team in February of this year. That’s according to The Athletic‘s 2024 anonymous NBA player poll where their staff interviewed 142 players, about a third of the league, from March 5 to April 11. Other features include high ceilings, a large kitchen and an air-conditioned two-car garage with extra storage. A modern, turnkey home on the north end of Palm Beach has just been listed at $23.95 million.

Jordan himself had the entire home built from the ground up over the course of four years, finishing construction in 1995. Following Jordan’s divorce from Vanoy, the Bulls player decided to part ways with the two-story home. Nevertheless, if you’ve taken notice of the palatial houses Michael Jordan was filmed in, and thought they might be rooms in his actual residence, know that the real thing is even more impressive. Below, we take a closer look at the house and why it's struggling to find a buyer.

The gates, the cigar room, and the unmistakable basketball court all give a nod to His Airness. Aside from these areas, the $14.9 million mansion also features nine bedrooms, 19 bathrooms, a library, a wine cellar, a poker table, an infinity pool, a gym, a fish pond, and many others. The NBA legend paid an undisclosed amount for a massive vacation home in Park City, Utah. The stone-and-wood mansion measures 9,574 square feet and features a total of five bedrooms and eight bathrooms. The grandeur begins at the entrance, with a museum-like stone walkway leading up to a double-height glass door.

In addition, his slam dunks, leaping ability, and movements earned him nicknames such as ‘His Airness’ and ‘Black Cat.’ Michael Jordan is also popularly known as the No. 23. Since 2012, Jordan has been exhausting all of his efforts to sell this seven-acre property. Shaq’s house lingered on the market after first listing for $28 million — likely priced aggressively in order to leave room for negotiations.

On the market since 2012, 2700 Point Lane has attracted some renewed interest following ESPN’s critically-acclaimed Michael Jordan documentary. In addition, there’s a card room and a golf putting green that has allowed Michael Jordan to pass the time in his favorite ways. Michael Jordan has a second house is in Highland Park, roughly 25 miles north of the Chicago area. Michael Jordan bought it in 2013 and lived here when he led the Chicago Bulls to six championships. The house is personable, to say the least, but interestingly, this might be the only NBA Hall of Famer’s house with no basketball court. The house has an open floor plan with large windows for a spacious, light-filled space.

Currently, it is listed for $14,855,000 (the numbers add up to 23, Jordan’s jersey number when he played for the Chicago Bulls). Jordan first listed the mansion at the start of March 2012 for $29 million, and then cut his asking price in early 2013 to $21 million. Upstairs, the 504 square-foot main suite has a three-sided fireplace and private lounge to help Michael Jordan relax after a long day.

Steve Hall of The Hall Group at Compass Palm Beach represents the listing at 215 Indian Road. Our award-winning wine and cocktail program is rooted in Michael Jordan’s passions. From our seasonal cocktails featuring Cincoro, a premium tequila developed by MJ and friends, to our deep wine list that features selections from MJ’s personal collection, you’ll find the perfect drink for your meal. Michael Jordan's opulent house in Jupiter, Florida, is a culmination of his sports legacy, social position, and business acumen.