When LeBron James entered the NBA as an 18-year-old phenom in 2003, he was met with enormous expectations. Even before walking onto the floor, he inked a $90 million shoe deal with Nike, which surpassed his rookie contract with the Cleveland Cavaliers.
While the tale of James spending only $2,000 from the Nike agreement remаins unknown, it demonstrates his financial prudence throughout his stellar two-decade career. With a current net worth of more than a billiоn dollars, James has amassed an amazing real estate portfolio that demonstrates his preference for luxury buildings.
While James continues to excel on the court during the 2023 NBA playoffs, his off-court real estate knowledge is equally amazing. Let’s take a look at LeBron James’ impressive real estate holdings.
Ohio is his own sweet home
James spent more than $2,000 in 2003, according to evidence. Regardless of the source of funds, he paid $2.1 million for a home in his hometown of Akron, Ohio. The previous house was dismantled to make room for a 30,000-square-foot custom-built mansion. This luxurious home has six bedrooms, 10 bathrooms, and six half-baths. A bowling alley, recording studio, and barbershop are among the notable features.
James purchased a neighboring 2,989-square-foot property for $425,000 in 2006, prior to the building of his opulent residence in 2007. A lengthy road now connects this five-bedroom residence to the larger estate.
Travel through the Sunshine State
James chose a luxurious property in Florida after leaving the Cavaliers to join the Miami Heat and establish a suρer team. In November 2010, he paid $9 million for a six-bedroom beachfront house in Coconut Grove, a steаl since the property was initially listed for $11.9 million.
After four seasons and two titles with the Heat, James returned to Ohio, pledging to bring Cleveland a long-awaited crown. He offered his 16,000-square-foot Coconut Grove mansion for $17 million in October 2014, and it finally sold for $13.4 million in August 2015.
After completing improvements, the property recently changed hands for $12.75 million in 2021. It has recently returned to the market for $21.9 million, with amazing bay views
Brentwood was followed by Beverly Hills
James focused his sights on the West Coast during his second tenure with the Cavaliers. He paid $21 million for a six-bedroom property in Los Angeles’ elite Brentwood neighborhood in 2015. This decision, paired with his desire to work in the entertainment world, alarmed Cavaliers supporters. However, in 2016, James brought an NBA title to Cleveland, cementing his place as an Ohio icon.
In 2017, amid rumors that he would join the Los Angeles Lakers, James paid $23 million for another Brentwood mansion. This brand-new spec home has eight bedrooms, marble floors, and large glass walls that take advantage of the Southern California sunshine.
A year later, James signed with the Lakers, putting the rumors to rest. He started house searching in 2020 during the CоVID-19 epidemic, despite being content with his two Brentwood homes. He eventually obtained a magnificent Beverly Hills compound once held by the founder of well-known soap operas. The property, which costs $36,750,000, has two separate guesthouses, a screening room, and stunning vistas.
James chose to sell one of his Brentwood residences after purchasing his Beverly Hills estate. It was offered for $20.5 million in 2021 and sold for $19.6 million, representing a rare loss for the all-time winner.
With his eye for elegance, flawless taste, and financial savvy, LeBron James’ real estate investments continue to enthrall.