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

O la la! NBA great LeBron James is in Paris for the 2024 Summer Olympics. The amazing MVP leads an all-star basketball team that includes stars like Steph Curry and Kevin Durant, and coach Steve Kerr. The towering King James will be leading the way for Team USA when he carries the American flag at
It’s Good To Be King: LeBron James’ Property Portfolio Dazzles

O la la! NBA great LeBron James is in Paris for the 2024 Summer Olympics. The amazing MVP leads an all-star basketball team that includes stars like Steph Curry and Kevin Durant, and coach Steve Kerr.

The towering King James will be leading the way for Team USA when he carries the American flag at the opening ceremonies, alongside tennis star Coco Gauff.

At 39, LeBron will be competing in his fourth Olympic games. The returning champion previously guided the U.S. teams in 2008 and 2012 to gold, and is hoping to return home with a third gold medal.

This potential golden moment caps off an event-filled year. James welcomed his son Bronny James to the Los Angeles Lakers, who was selected 55th overall from the 2024 draft. The pairing marks the first time a team has had an active father-son duo.

As for James, the legendary player can count some incredible moves off the court. We’ve compiled the billionaire’s winning choices in real estate.

Home, sweet home in Ohio

There’s plenty of evidence that James did spend more than $2,000 in 2003. We’re not sure if he dipped into his shoe-contract money or his Cavaliers loot, but he did plunk down $2.1 million on a property in his hometown of Akron, OH, two decades ago. The existing home on the property was razed so James could build a custom mansion.

The sprawling residence tops 30,000 square feet and has six bedrooms, 10 bathrooms, and six half-baths. Baller amenities are said to include a bowling alley, recording studio, and barbershop.

For a sense of the home’s massive scale and serious seclusion, check out this drone video:

And before the huge house was completed in 2007, James purchased an adjoining 2,989-square-foot property for $425,000 in 2006. That five-bedroom home is now connected to the mansion via a long driveway.

Sojourn through the Sunshine State

After spurning the Cavaliers and taking his talents to Miami to form a superteam with the Heat, James needed a fabulous place in Florida.

He purchased a six-bedroom, waterfront mansion for $9 million in the Coconut Grove neighborhood in November 2010. He even snagged a bargain on the home, which had been listed for $11.9 million.

After four seasons and two rings with the Heat, James returned to Ohio, promising to deliver Cleveland a long-awaited championship.

James put his 16,000-square-foot Coconut Grove home back on the market in October 2014 for $17 million, a serious markup after four years.

It was an ambitious gambit, but James wound up reducing the price to $15 million and eventually selling it in August 2015 for $13.4 million.

James’ former house changed hands again in 2021 for $12.75 million. It appears the mansion underwent a makeover and landed back on the market last month with a $21.9 million price tag. There’s no sign of James’ former presence, but the bay views are still sublime.

LeBron's former Florida home
Water views from LeBron James’ former Florida home

(Realtor.com)

Brentwood, then Beverly Hills

In the midst of his second stint with the Cavs, James’ eyes wandered out West. In 2015, Cleveland fans were dismayed to learn he had picked up a  six-bedroom mansion for $21 million in Los Angeles’ tony Brentwood neighborhood.

By this time, James had made his entertainment-industry ambitions clear, so the purchase of a home near Hollywood seemed logical—even if it left Cavs fans worried that he had one foot out the door again. But then he delivered the NBA Championship to Cleveland, in an improbable upset of the Golden State Warriors in 2016. The win guaranteed him lifetime cred with Ohioans.

However, in 2017—amid rumors of his intention to eventually join the Los Angeles Lakers—he purchased another home in Brentwood, this time for $23 million. The brand-new spec home featured eight bedrooms, marble floors, and walls of glass that open to the Southern California sun.

LeBron's $23 million Brentwood mansion
James’ $23 million Brentwood mansion

One year later, the rumors proved true and James signed on to rejuvenate the Lakers franchise. He was content with his pair of Brentwood homes. Then in 2020, the COVID-19 pandemic hit, the league shut down, and James went house hunting.

He wound up with a true trophy— a compound in Beverly Hills once owned by the creator of the soap operas “The Young and the Restless” and “The Bold and the Beautiful.” The prestigious property had been on the market for $39 million, but James sealed the deal for $36,750,000 that September.

The spread offers two detached guesthouses, a screening room, and million-dollar views.

LeBron James Beverly Hills mansion
James’ Beverly Hills mansion

(Realtor.com)

At the time of his purchase, agents cited the property’s seclusion and size (2.5 acres) as huge advantages. It ticks the boxes of land, views, and privacy—a rare trifecta in this extremely wealthy enclave.

After buying the Beverly Hills home, James decided to unload one of his Brentwood properties. He put the house he purchased in 2015 back on the market in 2021 for $20.5 million, a little less than what he had paid. After a few months, it was sold for $19.6 million, a rare loss for an all-time winner.

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