Lenny Dykstra's Former Home Gets Another Deep Price Cut

While browsing through listings this afternoon, the words "price reduced" on a familiar home caught my eye. The Thousand Oaks, California estate that once belonged to hockey legend Wayne Gretzky, the same one he sold to Lenny Dykstra, has had yet another price cut. The lavish, Richard Landry-designed home has over 6.5 acres of space that includes three guest houses, formal gardens, tennis courts, pool, spa and gym. The neo-Georgian main house has six bedrooms. Dykstra bought the home from Gretzky in 2007 for $18.5 million and Dykstra put the home on the market for $24.5 million. When Dykstra's financial empire began to unravel, the home later had a price cut to $16.5 million and at one point we heard the home might be up for auction. It went off the market for a while but was listed at the start of 2010 for $14.9 million. That price wasn't tempting enough, it's now been pared to under $10 million; the latest listing shows a more buyer-friendly price of $9.999 million.
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