Michael Jordan's house, located in the Highland Park suburb of Chicago, is a 56,000 square foot mansion that started construction in 1991 and was completed four years later in 1995. It sits on 7.39 acres and includes 9 bedrooms, 15 full bathrooms, 4 half bathrooms and a regulation-size NBA-quality basketball court. The estate is surrounded by a "fence" of evergreens. The garage is 4,289 square feet, larger than many single-family dwellings, and fits 14 cars. Other amenities include a billiard parlor, fireplace, library, high-tech gym, cigar room and the original doors to the Chicago Playboy Mansion. The grounds include a tennis court, chipping range, putting green and a lily pond. The front gate has a giant "23" logo on it -- Jordan's former number when playing with the Chicago Bulls. Property taxes were $180,927 in 2011.
Mr. Jordan listed the house for sale in March 2012 for $29 million dollars. Subsequently, the price was reduced to $21 million dollars in January 2013 and again to $16 million dollars in December 2013. It was listed for auction in December 2013 but did not sell for the (reported) reserve price of $13 million. As of 2014, it has not yet been sold.
Michael Jordan's net worth is estimated at $650 million, according to Forbes. Jordan's empire grew from his $90 million salary from the Chicago Bulls and his numerous endorsements including Nike, Wheaties, Gatorade, Hanes, MCI, Chevrolet, McDonald's and Coca-Cola. His endorsements still reportedly earn him $80 million a year. Michael Jordan also owns an 80% stake of the Charlotte Bobcats NBA team. He privately owns a $50 million Gulfstream IV jet.
Michael Jordan's 2002 divorce to his wife of 13 years, Juanita Jordan, cost him $168 million in the divorce settlement.
Michael Jordan’s numerous other real estate properties are listed on VirtualGlobtrotting as well, including real estate in Miami (FL)
, Jupiter (FL)
, Cornelius (NC)
and the 7th floor of The Trust building in Charlotte (NC)
, where his Bobcats team plays.