Michael Jordan's estate, listed since 2012, finally went under contract after 12.5 years, showing the difficulties in selling unique properties tied to celebrity identities.
This 56,000-square-foot home features specific Jordan-themed designs, which some believe made it hard to attract potential buyers despite its landmark status.
Located in Highland Park, the estate has been reduced to $14.855 million over time, reflecting the challenges faced in appealing to a wider market.
Despite being a popular tourist attraction, investors looking for a home may have avoided the estate due to its unique design that heavily reflects Jordan's personal style.
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