Paul Pierce, retired NBA star of the Boston Celtics and sports analyst on ESPN’s "The Jump" and "NBA Countdown," has secured a buyer for his compound in Calabasas, CA at a price of $8.7 million.
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In 2009, Pierce purchased the Calabasas home at $6.5 million after winning an NBA title and Finals MVP honors with the Boston Celtics. The Mediterranean style estate, once owned by the “King of Pop” Michael Jackson and football icon Willie McGinest, was first listed on the market by Pierce last year at an asking price of $11 million. After failing to attract potential buyers, the price was lowered to $10 million earlier this year. However, the buyer of managed to reduce the cost even further at a final sale price of $8.7 million. Josh and Matt Altman of Douglas Elliman held the listing and David Watkins of Pinnacle Estate Properties represented the buyer.
Beyond the gates of the celebrity neighborhood known as The Estates at the Oaks, Pierce’s 16,100-square-foot salon colored compound is set on almost an acre of land. Featuring an attached guesthouse and primary suite with a terrace overlooking the outdoor space, the home includes a total of eight bedrooms and 10 bathrooms. Through the dramatic entry of ivy and grand front doors, the space opens to a two-story foyer with a shimmering chandelier and spiral staircase. The interior layout includes formal dining room, casual dining area, living room, a professional chef’s kitchen, and grand glass walls offering a dazzling view of the city. The home’s entertainment options include a cinema room, bar, gym, billiard-room, bowling alley, and Boston themed basketball court.
As Paul Pierce bids farewell to his former Calabasas home, the newly sold property is ready for its next owner.
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