The King’s old palace is on the market — but it hasn’t found any takers yet.
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.