LeBron’s new $50 mil castle in Coral Gables
So The King finally has his castle.
Multiple places are claiming that LeBron James is about to purchase Riley’s old mansion for $49.5 million. It looks absolutely stunning.
Once owned by Riley, current-owner Alan Potamkin put the property on the market in April 2009. Life & Style says James is about to sign the dotted line on the contract, but no one knows yet the actual price he paid for the property. His contract with Miami six years, $110-million, but he obviously has other income sources.
Check out the stats on the house below, and for a 3D view, check out this link through Bing. Also more pictures at the bottom..
According to the original listing on Avatar Real Estate Services:
* 8 bedrooms, 11 bathrooms
*20,088 square foot home has 880 ft on the water
*Sits on 3.6 acres w/150 ft dock to accommodate 150ft yacht
*Private Guest Suite w/lighted tennis court and courtyard on its own acre.
*3 Suites w/full baths,Upstairs Master Suite w/full Gym,Billiard and Media room
Taxes? About $1 million a year. Utilities are said to run an additional $150,000 per year.




TAGS: $50 million, coral gables, lebron james, mansion, pat riley



6 Comments
Must. Be. Nice. Can we get Mtv out there with a "Cribs" crew?
…I would never want a house that big. What's the point? All the cool features would be nice though.
Yeah, these are the purchases that usually don't end up well for athletes. They either foreclose or end up taking a big loss. <sarcasm>But hey, it's LeBron, and he always make wise decisions.</sarcasm>
Matt you obviously dont know the intricate parts of throwing a great pool party in Miami. Also rumor has it that he is going to be living there with Wade and Bosh so they can get better chemistry.
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