Bonds Selling Mansion for $25 Million; Controversial Baseball Star to Make Fortune
Barry Bonds is selling his mansion in Beverly Hills, Calif. for a fortune- $25 million, to be exact. The controversial outfielder put the listing up for the estate up for sale only recently, and he stands to gain significantly more than he paid for the 1.85-acre property.
Bonds is selling his mansion, a 17,100 square foot, 7 bedroom, 14 bathroom colossus, for much greater than he originally purchased it for. He initially snagged the manor from Kenneth and Grace Jacobson for $8.7 million in 2002, Radar reported. If he receives even close to the asking price, he will effectively triple his investment.
Bonds did quite a bit of work on the home to raise its value, however. Though the home was already millions for its room and location- it is found in the same exclusive gated community where "Real Housewives of Beverly Hills" stars Adrienne Maloof and Lisa Vanderpump used to live, according to the Wall Street Journal- he added two extra wings himself.
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The former San Francisco Giants star's home now has a music room, theater, trophy display room, wine room, gymnasium, spa, elevator, guest house, pool, and tennis court, according to the listing on The Agency. The agent handling the sale is Mauricio Umansky, husband of Kyle Richards, "Real Housewives" star.
"Extraordinary luxury living with the utmost in privacy, this grand scale, yet elegant, Italian villa estate, serves equally to entertain heads of state, host charitable events or just be at home with family," The Agency described the mansion in the listing.
"Once within the property's gates, you are transported to another world; one of serenity and privacy and away from the hustle bustle of the city which lies just minutes below," the real estate company added.
The news comes just as the former MVP was denied entry into the Hall of Fame because of the controversy surrounding the allegations of his doping. In less than a month, Bonds will appear in court to appeal his obstruction of justice conviction in the trial. He was sentenced to 30 days of house arrest.
