Retired NBA star Kevin Garnett has decided to step away from his massive Malibu project. He’s listed the 7-acre property, including an unfinished 11,000-square-foot mansion, for $19.9 million.
The 15-time All-Star has set the price at $19.9 million. Records show he bought the property, which then held a six-bedroom villa, in 2003 for $6.4 million.
Two adjacent parcels are also available for purchase, Hassan adds. If bought together, there’s potential to develop a nearly 20-acre estate.
Details via the Listing:
Endless opportunities for this approximately 7 acre ocean view compound that is spread across three parcels on Pacific Coast Highway. Approximately 11,000 square foot estate currently under construction with active plans, permits, and Coastal Commission approval already in place. Purchase and complete with style and finishes of your choosing or create your own dream compound. Private and gated entrance with driveway that circles the entire property. Please call or email for further details, existing plans, or to set up a private tour. Please note: additional adjoining parcels also available for sale. Potential for over 17 acres.
In July, Garnett’s wife Brandi Padilla filed for divorce.
In September, it was reported that Garnett filed a lawsuit against an accountant and his firm, alleging that they helped a wealth manager steal $77 million from him.