Inside Michael Jordan’s Multi-Million Dollar Real Estate Portfolio of Extravagant Properties In Chicago, North Carolina, Utah, and Florida

In 1991, Michael Jordan was at the height of his career as an NBA player. Named Most Valuable Player after winning 61 games, Jordan led the Chicago Bulls to win the NBA championship. 

Jordan
CHARLOTTE, NC – FEBRUARY 16: Michael Jordan speaks at the All Star Breakfast held by the National Basketball Retired Players Association at the Renaissance Charlotte Suites Hotel on February 16, 2019 in Charlotte, North Carolina. (Photo by John McCoy/Getty Images)

That same year, Jordan decided to build an estate fit for basketball royalty. He  purchased a seven-acre lot of land in Highland Park, Illinois. Within four years, construction on the 56,000-square-foot home was complete on the property, which included iron gates bearing the number 23. The residence included a cigar room, basketball court, home theater and game room. Outside featured an infinity pool, man-made pond, tennis court and putting green. 

In 2012, Jordan listed the property for $29 million. Although the price has been lowered several times — to date it is listed for $14.9 million — the residence has yet to sell and is currently used to house select members of Jordan’s team.  

But this is not Jordan’s only residence. The now-retired NBA player, who has a net worth of $3.1 billion, according to Forbes, owns several other properties throughout North Carolina, Utah, and Florida. 

Here’s a look at some of Jordan’s other properties. 

Penthouse Overlooking Lake Michigan 

In 1992, Jordan purchased a penthouse in Chicago for $3 million with his first wife, Juanita Jordan. Featuring an open layout with including a lounge, dining room, and a media room with a humidor, the apartment overlooked the Lake Michigan and the city skyline. The apartment included four bedrooms and five and a half bathrooms. There was also a private rooftop deck. 

Although Jordan and Juanita divorced in 2006, she was able to hold onto the property for another eight years before selling for $3.2 million in 2014. 

A Mountain Valley Vacation Home 

Jordan also owns a mansion in Park City, Utah. Made of stone and wood, the 9,574-square-foot residence features a stone walkway and double-height glass doors. Inside there are five bedrooms and eight bathrooms with the master suite includes a private balcony that overlooks the Wasatch Mountains and the Glenwild Golf Club. Jordan listed this vacation home for $7.5 million, but so far there hasn’t been any takers. 

Condominiums in Charlotte

When Jordan became the majority owner of the Charlotte Hornets, he also expanded his real estate portfolio. He purchased two apartments in a high rise building in uptown Charlotte for $3.15 million. Jordan quickly combined the units to make one 7,000-square-foot apartment with a private elevator. 

A Place In The Sunshine State 

In 2010, Jordan purchased three acres of land for $4.8 million in Jupiter, Florida, in the Bear’s Club community. He then spent another $7.6 million building a mansion. At 28,000 square feet, the residence features 11 bedrooms, a media room, pool house and athletic space. 

Today, Jordan lives at the property with his wife, Yvette and their daughters, Victoria and Ysabel.  

A Relaxing Lake House 

Courtesy of Realtor.com
Courtesy of Realtor.com

In 2011, Jordan purchased a lakefront home in Cornelius, North Carolina, for $2.8 million. Just 22 miles north of his condominium in uptown Charlotte, this residence offers views of Lake Norman with floor-to-ceiling windows.

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