LeBron James

PHOTO: LeBron James. CNN

The basketball icon chose to demolish a $60 million (NZD) mansion to realize his vision for a dream home on a Beverly Hills property. LeBron James‘ ambitious project to construct his $60 million mansion is progressing steadily. He acquired the Beverly Hills estate in 2020, initially listed at $39 million. The 2.5-acre parcel previously accommodated a four-bedroom residence dating back to the 1930s, boasting numerous amenities such as eight bathrooms, two guesthouses, seven fireplaces, a tennis court, a movie theater, a swimming pool, and a pool house, all overlooking breathtaking views of Beverly Hills and the Pacific Ocean. However, James envisioned a different use for the space.

Walls are starting to go up around the 2.5 acre property
Walls are starting to go up around the 2.5 acre property. Credit: BackGrid
James purchased the Beverly Hills property in 2020

James purchased the Beverly Hills property in 2020. Credit: BackGrid

The construction of LeBron’s new Los Angeles mansion is well underway, with foundations nearly complete and walls emerging on-site. Retaining walls and pillars are visible around the property, suggesting parts of the mansion might extend over the hillside. This forthcoming mansion will add to James’ already impressive real estate holdings, including a $23 million mansion in Brentwood, California, purchased in 2017. His primary residence spans 16,000 square feet with eight bedrooms and 11 bathrooms, featuring amenities like a movie theater, wine cellar, cigar room, and spa equipped with a steam room, sauna, and massage room.

It’s Good To Be King: LeBron James’ Property Portfolio | WATCH

James owns two other mansions in California and Ohio
James owns two other mansions in California and Ohio Credit: BackGrid
The mansion previously on the property was built in 1930
The mansion previously on the property was built in 1930 Credit: BackGrid

Given the opulence of his existing properties, it’s likely that James’ forthcoming mansion will offer similar luxuries. Additionally, James owns a $9 million home in Ohio, acquired in 2003 during his tenure with the Cleveland Cavaliers, boasting amenities such as a two-lane bowling alley, recording studio, movie theater, aquarium, and barbershop. It’s anticipated that his expansive Beverly Hills estate will include such lavish features and more, possibly serving as his retirement residence as the 39-year-old enters his 21st NBA season with one year left on his contract.

LeBron James makes history by reaching billionaire status

SOURCE: THE US SUN

LeBron James selling huge $26m LA home