LeBron James Tears Down $37 Million Mansion to Make Way for His $90 Million ‘Dream Home’ in LA

In 2020, a 38-year-old named James bought the Beverly Hills property, which he later decided to demolish. The mansion that originally stood on the land was worth a whopping $37 million.

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Originally listed at $39 million, the 2.5-acre property received a discounted price of $2 million through successful negotiations.

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Constructed in the 1930s, the primary residence consisting of two guesthouses and eight bathrooms boasted a tennis court, movie theater, swimming pool, and pool house, in addition to its four bedrooms. Despite the stunning views of Beverly Hills and the Pacific Ocean from the Mediterranean-style home, James had an innovative idea to maximize them. The hillside seems to have been incorporated into the new estate, and the groundwork for the house has already started.

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To prevent any soil erosion, retaining walls and pillars have been constructed along the surrounding area of the estate. Once everything is finished, it will become the most valuable possession in James’s portfolio.

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In 2017, he bought a lavish mansion worth $23 million in Brentwood, California, which is now the primary residence of the James family. This stunning mansion spans over 16,000 square feet with eight bedrooms and eleven bathrooms. The mansion boasts numerous amenities such as a theater, wine cellar, cigar room, and spa with a steam room, sauna, and massage room for relaxation. Apart from this, LeBron James also owns a luxurious Ohio mansion worth $9 million, which was purchased for $2.1 million in 2003. This enormous estate covers 30,000 square feet with six bedrooms and eight baths. The mansion features amenities like two bowling lanes, a recording studio, a movie theater, an aquarium, and a barbershop. As the NBA season approaches, LeBron James will be entering the league for the 21st time. His reaction to being awarded the oldest active player in the league went viral on social media.

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