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Rasheed Wallace in Portland, Estate of the Day

Filed under: Estates, Celebrity Shopping, Sports


Continuing my look at sports star homes lingering on the market, this week's WSJ Private Properties column also mentioned the home of Rasheed Wallace, a Detroit Pistons forward who played for eight years with the Portland Trail Blazers. Wallace bought his 1924 brick house in Portland, Oregon for around $3 million back in 2000. The Tudor-style home is on 2.16 acres that include a pool, sports court and guest house. The five-bedroom home has a red home theater, built-in saltwater fish tank, home office and more. The listing agent told the WSJ that Wallace and his wife Fatima spent more than $1 million on improvements. The couple briefly listed the house in 2006 for $5.5 million before relisting it last year, for $5.2 million and have now lowered the price to $4.895 million.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.


Latrell Sprewell's Yacht Repossessed

Filed under: Luxury Cars & Autos, Celebrity Shopping

Former NBA bad boy Latrell Sprewell's days of cruising Lake Michigan aboard his yacht are over. A U.S. Marshal seized Sprewell's 70-foot yacht, "Milwaukee's Best." The $1.5 million yacht has a $1.3 million loan and the bank claims that Sprewell has not kept up with the $10,322 monthly payments and has not maintained proper insurance on the boat. The bank would like the boat sold to repay the debt. Sprewell famously turned down a $21 million contract a few years back. The yacht was built in 2001by Azimut-Benetti and Sprewell bought it in 2003.


Mourning in Miami, Estate of the Day

Filed under: Estates, Celebrity Shopping


Recently I brought you Dwayne Wade's flamboyant house. Now let's take a look at a more restrained home belonging to another Miami Heat player, Alonzo Mourning. Today's listing comes courtesy of the always fascinating Big Time Listings. They report that the Miami Herald wrote about the house in November 2006 when the house went on the market for $10 million. Mourning paid just $3.2 million for the five-bedroom home in 1996 when the house was brand spanking new. Mourning and his wife have since moved on to a fancier eight-bedroom home in Coral Gables that they bought in 2005. Toni Schrager has the listing for this home now set at $9.5 million.

Details include a rooftop deck, four car garage and a car port, a private boat harbor with three slips and a pool with a Jacuzzi. It has water views of Biscayne Bay, Key Biscayne and the Miami skyline. Mourning's home, while smaller than Wade's is a pricier location, hence the higher cost even though it is a smaller home (still over 10,000 square feet though).

There are extravagant notes, the dining room's ceiling is elaborately painted and the overall scale is standard McMansion largeness. Yet compared to Wade's home this one is rather sedate, anyone could move in immediately without having to repaint over pictures of the previous owner on the walls (or retile the pool). Mourning makes his tastes known more in a more subtle way, through the art on the walls and the books on the shelves (note the massive tome, Jazz Life, artfully placed on a table). After the jump, chess with a view.

Dwayne Wade's House, Estate of the Day

Filed under: Estates


The home of Miami Heat basketball star Dwayne Wade is one that I am just itching to hear your thoughts on.The massive home in the Pinecrest, Florida area puts to shame other NBA homes I have seen such as those owned by Shaquille O'Neal and Karl Malone. Like Shaq, Wade personalized his pool and like Malone, Wade went a wee bit crazy with the murals.

From the outside the nearly 12,000-square-foot French-style home seems rather sedate but once inside the six-bedroom home things get a bit Flashtastic. Wade, known as "Flash," has put a "W" inlaid in the marble floor in the entrance hall and the listing includes the furnishings, artwork and some of Mr. Wade's memorabilia. There are rooms in the home, such as the dining room that are rather elegantly decorated, there are also touches like the Spider-man-themed bathrooms and the many, many renderings of Mr. Wade, that make this a home in need of some work. The home is so idiosyncratic that you would really have to be a fan to live here and I wonder if he will have as tough a time selling as Malone did. There is also a one-bedroom guest house, pool and patio with a summer kitchen on the property. The home is listed at $8.9 million. After the jump, a monument to ego.

UPDATE: Wade has struggled to sell the home, reducing the price several times. It is now listed at $4.599 million.

[via The Real Estate Journal]

NBA Finals Shoe

Filed under: Shoes

Somehow, it seems that we missed the boat on the NBA Finals Shoes. More than likely, it's because we're more interested in watching the World Cup than in watching basketball. Nevertheless, these limited edition shoes are pretty cool. Only 60 pairs were made - with 12 pairs were sold online and 48 pairs at the NBA store in New York. Each pair was individually decorated by graffiti artist Oscar Gale/Toast and sold for $175.

If NBA fans weren't so fanatical about their shoes, I'd expect to see a pair on eBay soon, but as it is, you might have to wait until after the finals season until anyone is willing to part with a pair.

Chris Webber's Northern California Home For Sale

Filed under: Estates

Knowing my love for celebrity real estate a reader let us know that ex-Sacramento Kings player Chris Webber has put his Granite Bay, California home on the market. Details of the four-bedroom home include a courtyard with a fountain and a statue, a truly expansive great room with a home theater system, a large dining room and a kitchen with cherrywood cabinets. The master bedroom has a fireplace and an amazing walk-in closet. The home sits on 1.3 acres and there is an eight car garage. It is listed at$2.499 million and has been on the market since May.

[Thanks, Jason]

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