The dream home once owned by one of the greatest basketball players of all time is back on the market at a significant price reduction. The residence, once owned by Wilt Chamberlain, was listed for $19 million in 2018. With no seller in sight, the price was reduced to $14.9 million. Now it is listed at $11.9 million.
Chamberlain, who died in 1999, was a native of Philadelphia and played in the NBA for 14 seasons. A center who played in the era before the 3-point shot, Chamberlain is the only NBA player to score 100 points in a game. He also averaged more than 30 points and 20 rebounds per game, a mark no other player in NBA history has been able to break. During his career, Chamberlain won two championships, four MVP awards, and Rookie of the Year. He was inducted into the Naismith Memorial Basketball Hall of Fame in 1978. After his retirement, Chamberlain was featured in advertisements for American Express and Foot Locker. When he died in 1999, Chamberlain’s net worth was estimated to be $10 million.
Home Designed For Basketball Dynasty
When Chamberlain designed his Bel Air home in 1971, no luxury was spared. He purchased a $150,000 plot of land and enlisted architect David Rich to design the space of Chamberlain’s dreams. The outcome: a $1.5 million bachelor pad named “The Big Dipper” that included a mirrored retractable ceiling in the master bedroom and a playroom with a waterbed.
The home was remodeled in 2008 by current owner Dmitri Novikov. These renovations included a new kitchen complete with stainless steel appliances. In addition, a lower level now hosts guest bedrooms as well as a media room.
Yet most of Rich’s original design is present in the residence. Located on a private cul-de-sac, the estate is nestled on a 2.5-acre hilltop overlooking the Pacific Ocean and Stone Canyon reservoir.
The 9,400 square feet home is made of redwood and stone. The five-story home includes five bedrooms and seven bathrooms.
A stone walkway parallels a waterway that ends at the entrance. Inside, a massive great room includes a 40-foot-tall cathedral ceiling and a wood-burning fireplace.
Also inside the home is a billiard room and gym. A redwood sauna with glass walls overlooking mountains, reservoir, and ocean views.
The floating staircase leads upstairs to a master en suite that takes up the second floor.
The exterior includes a wrap-around pool as well as spaces for entertaining and lounging.