WayneGretzy

Lenny Dykstra's Home Back On The Market

Filed under: Estates, Celebrity Shopping, Sports

If at first you don't succeed, list, list again. The former Thousand Oaks, California estate of hockey legend Wayne Gretzky, the same one he sold to Lenny Dykstra, has popped onto the market again at a new low price. 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 bedroom done up in lavish style. The listing pictures appear to be similar to the ones used the when Dykstra put the home on the market for $24.5 million. He had bought the home from Gretsky, for $18.5 million in 2007.

A year later Dykstra's financial empire began to unravel. The home later had a price cut to $16.5 million (and was listed for rent for $55,000 a month). Dykstra's financial worries deepened. At one point we heard the home might be up for auction. Meanwhile Dykstra, in the serious weeds over the disintegration of his Players Club magazine has been fighting with the courts to have control over his Chapter 11 reorganization. Last we heard, an outside trustee was going to handle the financial management. Dykstra has sold off a variety of sports memorabilia and other valuable possessions to help satisfy his debts. The listing agents Nicki LaPorta and Karen Crystal of Ewing Sotheby's Realty say that the listing is a Trustee Bankruptcy court approval sale. The home has a new low price, $14.9 million, which might finally help it attract a buyer.

Gallery: Lenny Dykstra in Thousand Oaks