It’s a slam dunk for former NBA star Shaquille O’Neal, who sold his Texas mansion for $1.7 million just one month after putting it on the market.
The sale price has not been disclosed on the Carrollton, TX, property, which was listed for $1,695,000. It’s likely that Shaq, 52, made a pretty profit on the pad, which was up for sale for $1,224,000 when he bought it in 2022.
Located just outside of Dallas, the home offers plenty of amenities—not least the privilege of privacy provided by Gates of Prestonwood, the gated community it belongs to.
Described by the Realtor.com® listing as an “elegant home” with “lush landscaping,” the mansion features five bedrooms and 5.5 bathrooms, making it ideal for a growing family.
It’s also the perfect setting to host a large party, thanks to the “dream kitchen,” which includes a six-burner Wolf gas range and a large island.
There’s also a cigar lounge, home theater, and spacious living areas, all with high ceilings and open layouts. For outdoor entertaining, there’s a grotto-style pool and plenty of space for barbecuing out back.
The primary bedroom includes a sitting area and grand columns by the entry to the bathroom.
O’Neal will no doubt be thrilled with the quick sale of his home, particularly given that he took a steep loss on another property in 2022: a Florida mansion that he was forced to sell for 60% less than the original asking price.
That property in Windermere was put on the market for a whopping $28 million in 2018. The price was cut to $22 million after just a few months. By April 2021, it was priced at $16.5 million.
Eventually, O’Neal sold it for a relatively paltry $11 million, although he still made a good profit on the $3.95 million he paid for the home in 1993.
He’s not the only NBA legend who has had struggles in the real estate market.
His former on-court rival, Michael Jordan, has had a dismal time trying to sell his $14,855,000 Chicago mansion, which has been up for sale since 2012.
O’Neal is one of the best big men ever in the NBA. He won four NBA titles, including three in a row with the Los Angeles Lakers. His prowess on the court was legendary as witnessed by his 49 games with 40 points or more.
Today, O’Neal has traded his uniform and sneakers for a coat and tie as a game analyst on “Inside the NBA.”