A sale no longer is pending for the Windermere estate of the retired NBA star, according to Realtor.com. The house, listed four times since 2018 without landing a buyer, had a sale pending since Jan. 25, but now is listed as off the market.
It is unknown why the potential deal for the mansion, listed at $16.5 million, fell through. Tiffany Pantozzi of Side Real Estate, who represented the seller, and Jason Fulmer of Folio Real Estate, who represented the potential buyer, both declined to comment.
However, the sprawling 31,000-square-foot property has proved to be a tough sale. The list price in November was cut by $3 million as Pantozzi held discussions with multiple interested buyers.
The house is priced far above Orlando’s average luxury sales price of $1.38 million, according to the Institute for Luxury Home Marketing. In fact, the house would be Central Florida’s most expensive active listing if it was on the market, according to data from the Orlando Regional Realtor Association.
Plus, the 30-year-old home needs some renovations, Pantozzi previously told OBJ.
The home at 9927 Giffin Court, inside the Isleworth Golf & Country Club, combines classic luxury features with amenities specific to a basketball pro. The 12-bedroom, 11.5-bathroom home contains an indoor basketball court, a cigar bar with walk-in humidor and a showroom-style garage capable of holding 17 vehicles. That’s in addition to the home theater, private boat dock and 95-foot swimming pool with rock waterfall.