Lenny Dykstra's Home Finally Sold
From there it only got worse. The six-bedroom home didn't sell, Dykstra's Gulfstream II was impounded, and the home was scheduled for a foreclosure auction which Dykstra averted by filing Chapter 11. Later the case was change to a Chapter 7 liquidation after Dykstra's plans to reorganize and regroup fell through. Jeff Smith of Index Investors, the second lienholder, bought the country club estate out of foreclosure last fall and now he has finally sold the home. It had been most recently on the market for $10.5 million. According to CNBC, Jeff Smith's attorney has said he will be working with Chase, which held Dykstra's mortgage, to split the proceeds.
The neo-Georgian home in the Lake Sherwood area was designed by architect Richard Landry. The lavish property also has a guest house, carriage house, tennis courts, pool, spa and gym on 6.69 acres.
Gallery: Lenny Dykstra in Thousand Oaks