LeBron James’s Former Miami Mansion Scores a Buyer for $18.5 Million
The home, which sold in less than a month after hitting the market, still has custom wallpaper the NBA star added to the property’s guest house
The house, which is 13,930 square feet, is set on nearly half an acre.
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The Miami mansion that was once home to basketball star LeBron James—and that still retains the custom-branded wallpaper he installed—has just sold for $18.5 million.
The nearly half-acre property, in the chic Coconut Grove community, changed hands earlier this month. The buyers, according to property records, are entrepreneur John Lie-Nielsen and his wife, Darling Lie-Nielsen.
The property was on the market for less than a month, said listing agent Jason Zarco of Berkshire Hathaway HomeServices EWM Realty.
“It sold very quickly because, even though it’s hard to believe, for $20 million in Miami on the open bay, you don’t get much,” Zarco said. “And this house is in immaculate condition, has spectacular views and has great entertaining spaces. Such properties don’t exist at this price.”
The estate runs 80 feet along the waterfront on Biscayne Bay and is defined by a private gate and a coral-wrapped wall. Besides the main house, there’s a guest house over the three-car garage.
Other amenities include a private dock, a heated pool with a swim-up bar, a gym, a spa with a steam and sauna and a ground-floor entertainment lounge with billiards and poker tables.
It’s hard to tell where the backyard ends and the bay begins.
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The 13,930-square-foot main house, which was built in 2010 and has floor-to-ceiling windows in the main living areas, six bedrooms, eight full bathrooms, one half bath, an elevator, a wine cellar, a theater, a living room with a bar and an office/library.
The primary suite, which has a rooftop terrace, has two bathrooms and walk-in closets.
Zarco said that the most unusual feature of the property is the wallpaper the NBA star put up in the guest house. “It features golden crowns and his initials: LJ,” he said.
John Lie-Nielsen is the founder and CEO of Coconut Grove-based One Park Financial, which provides small- and mid-sized businesses access to working capital. The Lie-Nielsens didn’t immediately respond to an email requesting comment.
James bought the property for $9 million in 2010, when he was playing for the Miami Heat, and sold it in 2015, for $13.4 million, according to published reports, after he returned to the Cleveland Cavaliers, where he started his NBA career.
James bought the property for $9 million in 2010, when he was playing for the Miami Heat.
Randy Holmes / Getty Images
The 38-year-old James, the oldest player in the NBA and its leading scorer, is now in his sixth season with the Los Angeles Lakers. The winner of four NBA championships—two with the Miami Heat, one with the Lakers and one with the Cavaliers—James has competed in 10 NBA Finals. He has four Most Valuable Player Awards, two Olympic gold medals and has been named an All-Star 19 times.
The sale was first reported by The Real Deal.
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