The lavish mansions that have languished for years on the market

By
Emily Power
October 17, 2017
Rapper 50 Cent sold the massive mansion in Farmington, Connecticut, in May, after several years on the market. Photo: Supplied

Wealthy buyers with mega mansions to sell often face the conundrum that more money means more problems.

Some of the most swish estates in the world don’t have prospective buyers knocking down the door.

These are some of the grand estates, worth up to $100 million-plus and with big name celebrity vendors, that have been for sale for years.

1. Michael Jordan’s ridiculously big Chicago compound.

The retired basketball legend is one of the greatest sportsman of all time, but none of that prowess has rubbed on the marketing for his ostentatious estate, Highland Park.

The 17,000 square metre manor, with nine bedrooms, a basketball court and a putting green, has been on the market for four years. Jordan has dropped the asking price from $38 million, in 2012, to a tick under $20 million today.

His real estate agent Kofi Nartey — whose agency specialises in high-profile vendors, from athletes to entertainers — has even tried trash talking opposition properties on the market.

“You call yourself a trophy property — a mansion? Let me show you something. You think you’re big? Well, I’m bigger,” Nartley says in one of the two advertising videos for the home.

Michael Jordan has advertised Hanes underwear for more than a quarter of a century.

Michael Jordan is still seeking a buyer for his Chicago mansion, four years after listing.

2. The Las Vegas apartment with a free Picasso and a Lamborghini

The vendor of this penthouse is so desperate to ink a sale deal, they are throwing in the keys to a $300,000-plus sportscar and original artworks.

The $29.2 million abode, atop the Palms Place Hotel, has 30 TVs, a DJ booth and space for a heli-pad, plus a 12-month lease of a Lamborghini Huracan thrown in.

Also included is Pablo Picasso’s 1959 lithograph Le Vieux Roi, Salvador Dalí’s etching titled Leaf Woman, and two seats to every sporting event at nearby major arena for a year.

The penthouse is owned by the family of the hotel’s developer and hit the market in 2014, asking $50 million. The price dropped to $38 million, before a further reduction. No dice for this Sin City pad.

The penthouse at 4381 West Flamingo Road, Las Vegas.

The penthouse at 4381 West Flamingo Road, Las Vegas. Photo: Trulia

Free to a good home: The Lamborghini Hurac??n.

Free to a good home: the Lamborghini Huracan. Photo: Supplied

3. Robbie Williams’ British bach pad.

The Angels singer first tried to offload the deluxe rural estate in 2010, but struggled due to the whiff from a nearby landfill site, British tabloids alleged.

The $9 million Wiltshire mansion, which has a “leisure complex” attached and was bought during the pop star’s single days, then stunk up the market for six years.

It’s understood to still be for sale, but off-market and on the down-low.

With seven bedrooms and an indoor pool, on the edge of a village, it’s an idyllic and very private country hideaway.

Over winter, Williams also listed his $14.5 million Beverly Hills mansion.

Robbie Williams' country manor in Compton Bassett, Wiltshire.

Robbie Williams’ country manor in Compton Bassett, Wiltshire. Photo: Supplied

Robbie Williams in concert in Sydney on October 27.

Pop star Robbie Williams in concert in Sydney in October last year. Photo: Edwina Pickles

4. The fashion designer hoping to stitch up a $116 million deal.

Max Azria recently increased the asking price of his 17-bedroom Los Angeles property by $4 million, despite it languishing on the market for eight months last year.

The fashion designer owns the label Herve Leger, which is responsible for the iconic “bandage dress” that every celebrity with an itty-bitty waist has worn at least once on a red carpet.

His 1930s home sits on 1.2 hectares of manicured gardens, arranged into themes (including the “French garden”), and features a two-storey drop chandelier of 150,000 crystals.

For fun, the estate has a lolly and popcorn bar in a private theatre, pool house with a sauna, spa and open fire, a swimming pool with bar, tennis court with a spectators’ box, gym and organic greenhouse.

Ever confident in the market, fashion designer Max Azria has upped the asking price of his lavish LA mansion.

Ever confident in the market, fashion designer Max Azria has upped the asking price of his lavish LA mansion. Photo: Supplied

Fashion designer Max Azria with Australian model Jess Hart.

Fashion designer Max Azria with Australian model Jess Hart. Photo: Supplied

5. 50 Cent’s nursing home conversion

Rapper 50 Cent finally sold his monster party palace, fitted with stripper poles, to a nursing home company, after several years and a price plunge.

Mr Cent (real name Curtis Jackson III) wanted $23 million when he originally listed in 2007, but gradually slashed the asking sum to $10 million and handed the keys over in March.

The stripper poles, private casino, helicopter pad and disco room will be ripped out and the Connecticut estate turned into an assisted living facility.

He bought it from boxing legend Mike Tyson for $5.3 million in 2003 and spent $10 million on renovations.

Rapper 50 Cent sold the massive mansion in Farmington, Connecticut, in May, after several years on the market.

Rapper 50 Cent sold the massive mansion in Farmington, Connecticut, in May, after several years on the market. Photo: Supplied

Rapper 50 Cent.

In Da Club: Mr Cent. Photo: Jeremy Deputat

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