On the heels of Monday night’s loss to his old Miami Heat teammates, LeBron James is dropping the asking price for his Coconut Grove mansion to $15 million.
James, who now plays for the Cleveland Cavaliers, had listed the house for $17 million about four months ago.
“We’re trying to capture the spring buyers and move the property,” said Tomi Rose, a senior vice-president at Opulence International Realty and James’ real estate agent, of the price drop. “Most of the properties in that Coconut Grove, Coral Gables area — especially properties of this magnitude and luxury — they can stay on the market for a year or more.”
Rose said several offers have been made on the house, but so far none have satisfied the James family.
James bought the 16,679-square-foot house for $9 million in 2010, property records show.
The three-story, six-bedroom home is set on Biscayne Bay and includes a wine-cellar, movie theater, infinity pool and two 60-foot boat docks. It has an address at 3590 Crystal View Court.
James is 0-2 at Miami’s AmericanAirlines Arena since he left the Heat for Cleveland after last season.
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