"Built in 1963 and since remodeled, the two-story house features vaulted and beamed ceilings, light wood floors and skylights for a bright and airy feel. The 6,106 square feet of interior includes an open-plan living room, a family room, a remodeled kitchen and a breakfast area. A movie theater has its own wet bar, bathroom and balcony."
"The couple appear to be banking on a flourishing luxury market in the Encino area, which saw 120 single-family home sales of $2 million or more last year. Five years ago they had asked $2.795 million for the French country estate on more than half an acre."
"Smith, 52, played for six teams in 10 NBA seasons, winning back-to-back championships with the Houston Rockets in 1994 and 1995. The Emmy Award-winning studio analyst has been a fixture on TNT's "Inside the NBA" for more than a decade."
Kenny "The Jet" Smith, a retired NBA champion and Emmy Award-winning TNT analyst, and his wife Gwendolyn Osborne-Smith have listed their Encino residence for $3.595 million. The 1963-built, remodeled French country estate spans 6,106 square feet on over half an acre and includes six bedrooms, eight bathrooms, and a detached guest house. The property features vaulted ceilings, skylights, a movie theater with wet bar, remodeled kitchen, and extensive outdoor amenities including a stone-rimmed pool and outdoor kitchen. The couple purchased the home in 2011 for $1.85 million. Their listing reflects confidence in Encino's luxury market, which recorded 120 single-family home sales exceeding $2 million last year.
Read at Los Angeles Times
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